Hawaii Franchise Opportunities
If you’ve ever dreamed of living on a tropical island, surrounded by beaches, surfing, lush vegetation, Hawaii might be an ideal place for you to open a franchise. Imagine running your own business and staring out into the Pacific Ocean with a drink in hand!
So Many Islands, So Little Time
Hawaii is an archipelago made up of eight islands. The different islands offer unique chances to live in the middle of the Pacific Ocean. Consider living on:
- Hawaii (the Big Island): The largest of the islands, it’s built from five separate volcanoes, three of which are currently active.
- Maui: A huge tourist draw, Maui is renowned for its surfing, snorkeling and black sand beaches.
- Oahu: The third largest island, but home to about two-thirds of Hawaii’s population, as well as the capital city, Honolulu.
Trouble in Paradise
If you choose to move to Hawaii, keep in mind that the cost of living might be a lot more expensive than what you’re used to. Because many items have to be brought over from the mainland, expect to be paying three to four times as much for commodities such as milk, meat and bulk food items.
Tropical Taxes
Life might seem like a permanent vacation if you start a franchise in Hawaii, but you’ll still have to pay taxes. While there is no franchise tax, there is a corporate income tax that ranges from 4.4 to 6.4 percent. In addition, the state income taxes are on the steep side—the tax brackets go from 1.4 to 11 percent.
Massachusetts Franchise Opportunities
One of the most historical places in America, Massachusetts has seen the first colony of Plymouth, the Salem witch trials, the Boston Tea Party and is home to Harvard University—the oldest institution of higher learning in the United States. This little state has a lot of people, and is a solid option for where to start your next franchise.
Mississippi Franchise Opportunities
The land of catfish, blues music and cotton, Mississippi is rich in cultural heritage. There is plenty of opportunity to come in and make positive change in this state, and it could benefit from the right kinds of franchises.
North Carolina Franchise Opportunities
North Carolina is state that’s really making moves. It has a burgeoning engineering and biotechnology scene, and is also home to two of the fastest growing counties in the country. More than just tobacco, North Carolina is a great place to establish a new business and call home.