Nevada Franchise Opportunities
Does the lure of bright lights, gambling, gold and sin draw you in? Nevada is home to some of the most libertarian laws, allowing for the legalization of things like prostitution, as well as lenient marriage and divorce laws. If you want to live life on the wild side, Nevada might be a good place to open your franchise!
Sin City
Three quarters of the population of Nevada live in the Las Vegas metropolitan area, and it’s no surprise why—Las Vegas is an international destination, and draws in billions of dollars a year. Tourism is a driving force of the city, with its legalized gambling, numerous casinos and glitzy shows. If you want to open a franchise in Las Vegas, consider any kind of food (link) franchise; who can deny a burger (link) or coffee (link) after a long night out?
Reno is the other major city in Nevada, and is also famous for its casinos and proximity to Lake Tahoe.
If the big cities don’t do it for you, consider checking out smaller ones such as Elko, Yerington or Tonopah.
Business in Nevada
Nevada is a fabulous place to start a small business because of the lack of taxes. Nevada is one of four states that don’t impose a corporate income tax, and it also doesn’t charge a state personal income tax.
However, if you run a business with employees, you will be subject to a 1.17 percent modified business tax, but in the scheme of things, you’ll be saving tons of money by not having to pay other taxes.
Big Money, Big Money
- Tourism is the largest driver of the economy in Nevada, but mining and cattle ranching are also major players.
- Nevada has a GDP of $136.9 billion dollars.
- There are approximately 213,000 small businesses in Nevada, which make up 95.6 percent of all employers in the state.
North Dakota Franchise Opportunities
North Dakota is booming—it has the lowest unemployment rate, the fastest growing GDP and has the largest percent increase in population in the past five years. A new kind of gold rush has brought this all about, and if you’re willing to cater to the oil field workers, you too can cash in on the opportunities abounding in this northern state.
Kentucky Franchise Opportunities
Do you enjoy bluegrass music, horse racing, bourbon and college basketball? If so, Kentucky might be the best state for you to try your hand at a new business venture!
New Hampshire Franchise Opportunities
Are you a pioneering person who wants to pay less (or no!) taxes, and abide by the state motto of “Live free or die”? Do you want to hike in the summer and ski in the winter? If you value freedom and the great outdoors, New Hampshire could be a fantastic location for your next franchise.
