Some of the best cities for commercial character truly do belong in states that are dependent upon the shipping industry. Cities like Bellevue and Seattle, Washington are two of the best cities to do business in. This is why companies like Costco and Amazon have maintained their main headquarters in Washington state. Businessmen like Howard Schultz love all the movers and shakers in Seattle as they grab their coffee on the go. People can use more on coffee and items that they want their because there is no personal income tax in Washington State in addition.
clearly the best places for commercial similarities would be cities with a lot of population growth and the majority of that growth is coming from people with plenty of disposable income. Cities like Alexandria, Arlington and Fairfax in northern Virginia continue to expand. A lot of these folks have come down from Maryland to work for a technology, pharmaceutical or government firm around Washington D.C. and have plenty of money to use. If someone has the resources to galvanize a venture down there, opening a deli or some quick sandwich shop where you can get a lot of these commuters as they go to work could be a very lucrative idea.
Setting up a venture such as a retirement home in a states like Texas or Florida may not be a bad move. You have a wide range of candidates to pick from in the workforces of these two states in addition. Another advantage to setting up these types of businesses is that Florida and Texas do not tax retirement income. This clearly already draws a lot of seniors to cities like Boca Raton, Palm Beach or Galveston and Forth Worth respectively.
Cities like Tucson and Phoenix will continue to thrive because of their passionate sports fan base. Plenty of people love to shop or eat before they go to the game to root for their Arizona Wildcats and beloved Phoenix Suns. It all comes down to the fact that commercial character taxes have to keep in a growth minded assessor and mayor’s hands given that commercial character taxes are assessed locally.
One of the best cities in the state of Alabama to do business in is the city of Montgomery. A tax package was recently passed in the city that allowed businesses like Wal-Mart to come in to the city and create plenty of local commerce around it. If you can set up shop near a Wal-Mart and offer a service that they are sub par in, the benefits can be tremendous. The formula is simple if you keep character taxes low in cities businesses will come there and people will have money to buy items with. Cities like Montgomery are dependent upon the sales tax and tourism like the city zoo for most of their revenue in any event.
Kids love the zoo so it wouldn’t be a bad idea to set up a toy store or some kind of food and beverage stand near by if you can get the permit. That is what is most important when it comes to commercial character. Set up shop as close to people as you can and offer an affordable product; the rest should take care of itself.