Illinois Franchise Opportunities
Illinois is a noted bellwether of the United States—it’s been a predictor of trends, and is home to a diverse economy and peoples.
With the powerhouse of Chicago, strong agricultural business, tons of natural resources and positioned as a transportation hub, Illinois has many things working in its favor and would be a fantastic place to open a franchise.
Chicago is the heart of Illinois: home to nearly 2.7 million people (and 9.5 million in the metropolitan area), the busiest airport in the world and eight major sports franchises. There is opportunity here that rivals New York City, and you could easily make this the home of your franchise, as well.
If Chicago doesn’t appeal to you, consider looking at Aurora, Joliet, Rockford, Springfield or Peoria.
Taxes in the Land of Lincoln
Illinois has a 7 percent flat corporate income tax, along with flat rate personal income tax of 3.75 percent, a personal property replacement tax (2.5 percent for traditional corporations, 1.5 percent for others), and an annual franchise tax.
Illinois by the Numbers
- There are 1.2 million small businesses in Illinois, which make up 98.3 percent of all employers.
- Illinois has a GDP of $609.6 billion and an unemployment rate of 6.2 percent.
Delaware Franchise Opportunities
Small but mighty, Delaware is known as The First State—having been the first state to ratify the Constitution. These days, Delaware is home to a little less than a million people, and one of the largest Air Force bases in the country.
Alabama Franchise Opportunities
While you might think of peanuts and cotton, the state of Alabama boasts a wide array of businesses and nearly five million residents. Major industries include agriculture, aerospace, mining and automobile manufacturing. The economy is comprised mainly of small businesses, and would be an excellent place to open your new franchise!
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.