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Nebraska Franchise Opportunities

Photo by John Matychuk on Unsplash

If you like the idea of small town living, and want a close-knit community you can bring a new franchise to, Nebraska might suit you just fine.

Little Cities, Big Opportunities

Almost 90 percent of the cities in Nebraska have fewer than 3,000 people living in them, with many towns clocking in at fewer than 1,000 people. The two largest cities in Nebraska are Omaha, with about 434,000 people, and the state capital Lincoln, which has about 268,000 residents. There are definite benefits to locating your franchise business in one of the small towns, so long as there's sufficient foot traffic where you open (and most retail franchises will have in-house experts or consultants to help with site selection).

Agriculture Awareness

The main industry in Nebraska is agriculture. The state is a major producer of corn, soybeans, sorghum, beef and pork.

Other economic drivers include transportation, telecommunications, insurance and manufacturing.

Let’s Talk Taxes

Nebraska has a corporate income tax that varies depending on income, as well as a franchise tax the state calls the “corporate occupation tax.” The state personal income tax is ranges from 2.46 to 6.84 percent. There are also state and city sales taxes, which vary depending on location.

Business by the Numbers

  • There are nearly 160,000 small businesses in Nebraska, and more than a quarter of them are women-owned.
  • Nebraska has a GDP of $80 billion that has been climbing steadily for the past three years.
  • Unemployment in the state is about 2.9 percent, one of the lowest unemployment rates in the country.
Montana Franchise Opportunities

If you long for the great outdoors and want to live in a lot of space without a lot of people, consider moving to Montana, where some of the most beautiful natural spaces are national parks, and there won’t be much to block your view of the mountains.

Rhode Island Franchise Opportunities

If you’re interested in healthcare and senior care (link), or want to live in the smallest state with the longest name, Rhode Island—technically, State of Rhode Island and Providence Plantations—might be a place to consider for your next franchising opportunity.

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.