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!
Established Industries
Like many states in the middle of the country, Kentucky has arable land that makes it ideal for farming. The first commercial vineyard was started in Kentucky, and today the state excels in horse, goat, beef and corn production.
Auto manufacturing is also a large part of the landscape, and Kentucky ranks 4th amongst the states in the number of automobiles assembled.
Fort Knox is also a major employer in the state, and recently opened the Army Human Resource Center for Excellence, which is the largest office building in the state.
Kentucky Living
When you decide a life of horse racing and fresh picked tobacco is for you, think about living in one of these Kentucky cities:
- Louisville: Home of the Kentucky Derby, Kentucky Fried Chicken and Louisville Slugger baseball bats, this city is the largest in the state with 756,000 inhabitants.
- Lexington: Known as the “Horse Capital of the World,” Lexington’s population has been growing steadily and has a strong economy based on manufacturing, government and technology jobs.
- Bowling Green: Forbes calls it one of the top 25 places to retire, as it’s packed with parks, museums and public spaces.
Let’s Talk Taxes
When tax season rolls around, if you have a business in Kentucky you might have to pay up for the state’s limited liability entity tax, the corporation income tax, and a personal income tax ranging from 2 to 6 percent.
Kentucky by the Numbers
- There are 339,703 small businesses in Kentucky, which make up 96.7 percent of all employers.
- Kentucky has a GDP of $154.2 billion, and coal makes up 17 percent of that.
West Virginia Franchise Opportunities
Located in the heart of Appalachia, West Virginia is renowned for its rolling hills and beautiful foliage. A center for coal mining and logging, it also has a bevy of recreational activities and some of the most extensive cave systems in the country. If you want to start a franchise in a place with beautiful scenery and an interesting political background, check out the Mountain State of West Virginia!
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!
New Jersey Franchise Opportunities
You can strut your stuff at the Jersey Shore, go gambling in Atlantic City, hike in the forests, or live in Jersey City and commute into New York. New Jersey offers a wide variety of opportunities and lifestyles, and there’s sure to be a place or industry in the state that suits you.
