Starting a business? Try Belvidere, new ranking suggests

By Audrey Eads
Staff writer Posted May. 3, 2016 at 2:36 pm Updated May 3, 2016 at 4:35 PM

If you’re planning to start a business in Illinois, Belvidere is one of the best places to be, according to a new study by WalletHub.

Belvidere was ranked sixth in Illinois of the best small cities to start a business.

Each of the 1,268 small-size cities tested in the WalletHub study was analyzed for business friendliness using a set of 15 key metrics ranging from “average growth in number of small businesses” to “office-space affordability.”

Here’s how Belvidere stacked up:

6: Illinois rank (after North Chicago, Carbondale, Northbrook, Decatur and Round Lake Beach, respectively)

241: Overall rank

38.97: Total score out of 50

193: Business environment rank

392: Business costs rank

908: Access-to-resources rank

For the full study: tinyurl.com/wallethubbiz

Above is from:  http://www.rrstar.com/news/20160503/starting-business-try-belvidere-new-ranking-suggests