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!
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.
Idaho Franchise Opportunities
If you value having plentiful mountains, rivers and wilderness in your state’s backyard—and you’re a big fan of potatoes—consider opening a franchise in the great state of Idaho.
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!
Wisconsin Franchise Opportunities
Known as “American’s Dairyland” and especially renowned for its cheese—and cheeseheads (fans of the Green Bay Packers)—Wisconsin sits between the Great Lakes and the Mississippi River and has a wide variety of geographical features. If you want to live among the best cheeses and craziest football fans in the nation, consider opening your franchise in Wisconsin!