Cumming named among Georgia’s top 10 best cities to start a business
Cumming has been named as one of Georgia’s top 10 best cities to start a business, James McCoy, president and CEO of the Cumming-Forsyth County Chamber, reported at the city’s June 16 Council meeting.
“Some of Georgia’s biggest cities – Atlanta, Columbus, Augusta and Savannah – have the largest number of businesses in the state, but the most profitable businesses are in the suburbs and smaller cities,” McCoy said, citing the recent report by personal financial website NerdWallet.com.
According to the website, NerdWallet.com helps consumers make decisions about education, finance, health, investing and shopping. It features online tools that provide research and experts “to help consumers take back control of their choices in a marketing-driven, trillion-dollar industry.”
Cumming is listed as the 6th best place to start a business, McCoy noted. The top 10 Georgia cities in the report share several similarities.
“Six cities in the top 10, each with a population under 60,000, boast higher average revenue per business than the state’s most populous cities,” the report states. “All of the top 10 cities are along major transportation routes, which is a plus for businesses shipping products around the region or country. Proximity to Atlanta doesn’t hurt either.”
Location is one of Cumming’s strengths, according to the report, as is the city’s high number of already-established businesses.
“Cumming is one of the smallest cities on this list, but it has more businesses per 100 people than any place in this study,” the report says. “In fact, Cumming has almost as many businesses (5,251) as it does residents (5,504). Located along the bustling Georgia 400 corridor, businesses in Cumming benefit from the area’s transportation and technology infrastructure.
The report also notes that the Cumming-Forsyth County Chamber of Commerce’s Small Business Services Center offers “coaching and roundtable discussions to help local business owners start and grow their enterprises.”
Other cities, listed in order of their rank, include, Alpharetta at No. 1, followed by Doraville, Vinings, Garden City and Cumming. Those ranked 7 through 10 are Norcross, Jesup, Carrollton and Waycross.
During the recent City Council meeting, McCoy congratulated city leaders for their work in establishing the infrastructure and pro-business environment that helped Cumming become what it is today.
“Thanks to your leadership, we have the infrastructure, the amenities and quality of life that attract businesses and people to our community,” McCoy said.