8 Hottest Destinations To Launch A Startup In 2014
BANGALORE: Startups are gaining huge popularity in many cities for a variety of reasons. If the city has a lot of small emerging businesses, then it is one of the places for a startup. The city should also have a number of businesses that accept credit cards and it should have a lot of activity going on in social media websites like Facebook. If the place gets high scores in all these domains then it is ranked as one of the places to launch a startup. Here is a list of cities, according to Forbes magazine, that are the best places for a startup in 2014:
1. San Diego, California: Based on the above criteria, Forbes has ranked San Diego as the best place to start a new business in 2014. This place, situated on the coast of the Pacific Ocean, is one of the major cities in California that has topped the list under all five criterions. Small businesses in San Diego have a huge social media presence with their Facebook pages and online advertising policies. They also get valuable customer feedback online which gives them an advantage to improve because most people use the internet these days. Many businesses in San Diego also accept a credit card which is another reason why businesses should be launched there. It is also ranked as the fifth best business community in America.