Washington Franchise Opportunities
A mountainous and breathtaking state in the Pacific Northwest, Washington is green, clean and almost tax-free. It is a major agricultural state, but also has a number of other industries. If you want a low-tax place to enjoy the beauty of nature, try your hand at franchising in Washington!
About 60 percent of all Washingtonians live in the greater Seattle area, though there are plenty of other places to settle down. Check out these for size:
- Seattle: The largest city in the state and the Pacific Northwest, Seattle has great coffee (Starbucks started here), a strong performing arts scene, and is also a tech hub, with Amazon.com headquartered here.
- Spokane: Located on the eastern side of the state, Spokane has some gorgeous architecture, fun minor league sports teams and many colleges.
- Yakima: The center of a large agricultural area, Yakima produces three-quarters of the hops grown in the country, as well as many fruits and vegetables.
Some of the significant industries in Washington include technology, aircraft manufacturing, lumber production, telecommunications, electronics, mining and real estate.
Washington is a major agricultural state, growing vast amounts of apples, raspberries, cherries, hops, peas and pears. The state also has a huge wine industry, producing more wine than any other state, except for California.
Let’s Talk Taxes
Washington is one of only four states lacking a corporate income tax, as well as a personal income tax. There is a business and occupation tax that taxes the gross receipts of a business, but the levels of taxation are quite low, ranging primarily from 0.47 to 1.8 percent.
Business by the Numbers
- There are 546,800 small businesses in Washington, which account for 98.1 percent of all employers in the state.
- Of those, 14,800 are franchises, which employ 164,700 people.
- Washington has a GDP of $412.9 billion, which is slightly more than that of Austria.
Vermont Franchise Opportunities
Known for its maple syrup and outdoor activities, Vermont is a paradise for tourists, as well as its 626,000 residents. If you want a snowy winter home and well-educated neighbors, consider starting your franchise in the Green Mountain State!
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.
Maine Franchise Opportunities
If you’re a fan of forests, find yourself salivating over seafood, and want some peace away from people, maybe Maine is the right state for you to settle down in and start a franchise. There are lots of smaller towns—such as Augusta, Portland and Bangor—that will provide enough customers to run a business, but without the overwhelming hustle and bustle of major metropolitan areas.