Alaska Franchise Opportunities
Alaska sits high above the rest of the continental United States, home to 735,000 souls brave enough to take on the long winters and harsh conditions. If you’re tough enough to live in “The Last Frontier,” you will be rewarded with some of the lowest taxes in the country!
Major Markets
Alaska’s economy consists mainly of oil, natural gas, fishing and tourism. Perhaps consider starting a photo franchise (link) to help capture adventurous vacation memories, or a hotel franchise (link) to offer warm beds to weary travelers.
Lax on Taxes
Unlike many states, Alaska does not have a personal income tax, which could save you loads of money if you chose to start a franchise here. In addition, there is no franchise tax, so you can found your franchise here without having to pony up extra money. If your franchise is not a corporation, you could potentially not pay any taxes at all!
If you do open a legal corporation, there is a corporate income tax that is graduated from 0 percent to 9.4 percent in increments of $25,000 of taxable income. The 0 percent rate applies to taxable income of $25,000 and below, while the 9.4 percent rate applies to taxable income of $222,000 and over.
Limited Land
Although Alaska is by far the largest state in the U.S., it lacks in the number of major metropolitan areas. Anchorage is home to more than half of the state’s population, and sits on the coast of the southeastern part of the state. Fairbanks and Juneau both have about 31,000 residents and are relatively small markets.
Wisconsin Franchise Opportunities
Known as “American’s Dairyland” and especially renowned for its cheese—and cheeseheads (fans of the Green Bay Packers)—Wisconsin sits between the Great Lakes and the Mississippi River and has a wide variety of geographical features. If you want to live among the best cheeses and craziest football fans in the nation, consider opening your franchise in Wisconsin!
Arkansas Franchise Opportunities
You can have it good, for cheap, if you decide to start a franchise in Arkansas! In 2014, Arkansas was found to be the most affordable state to live in.
Tennessee Franchise Opportunities
Birthplace to the blues and home to more than 6.5 million people, Tennessee attracts tourists from around the world, has a low cost of living and a booming economy. Consider making Tennessee your next home for a franchise!