#5 Local Talent Pool

Even though the budding stages of the startup may not need much hiring or expansion later own it will be a topic to trow on as the company begins to grow. You can acquire skill and talent by being close to other well established firms without any additional costs of relocation.   

Being close to an academic centre of excellence will help a great deal in fishing out the best talents from the pool of young graduates. Fresher’s are more open to associating with startup companies than the experienced.

#6 The Legal Perspective: Where to Incorporate

The legal aspects and advantages of establishing a startup in a particular locality or state is another point to pinch on. Each state has their own laws and policies with some offering flexible over pro-business statutes and filing fees.  

A thorough study on the legal basis for startup in a area or a consultation with a lawyer or tax expert is highly advisable as you can take advantage of the benefits of no state corporate income, franchise and personal income taxes particular to a given state.

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