Well that title is a bit of a trick question, as the point of this post is that small businesses are starting up anywhere and everywhere!
A lot of articles have come out recently saying a certain city, school or neighborhood is the “best” place to start a business. These are all valid suggestions, but while reviewing all of these take a look at the five “places” below for the great news about small businesses starting anywhere and everywhere.
Which one is the best location for you?
- eBay – There are lots of sites like eBay where things can be sold, but let’s use it as an example. eBay lists over 128 million users! While some maybe selling only a few used items, plenty of small businesses (and not so small ones) are utilizing this and other similar selling platforms to open up for business, and to supplement their “bricks & mortar” store fronts.
- Etsy – Check this site out! It really focuses on Arts & Crafts type small businesses. The numbers listed on the site of over 1 million stores and 30 million buyers cannot be ignored! Here you also have small firms operating from anywhere, many independent of location or in addition to a traditional place of business.
- Kickstarter – Stories of large firms starting via this fundraising method are big in the press today; Pebble smart watches or Oculus recently purchased by Facebook are just two of the examples. Kickstarter indicates almost 60,000 projects funded for $885 million dollars! This non-traditional form of funding allows startup businesses and companies to create a prototype and develop a product line, project or entire business.
- KIVA – Wait you say, this is a non-profit making micro loans overseas. Yes $548 million in loans to 1.2 million small businesses — quite literally everywhere in the world! With the recent roll-out of “KIVA zip” this includes to small businesses in the USA too. This allows a whole new segment of the population to consider starting a business, often from their own homes or garage!
- Everywhere – Small town USA or Big City! This is not a selling or crowd funding website, it’s a point! There are a lot of posts about the best place to locate you small business for a great reason. Communities all over America and the world are realizing the power of small business and start-ups as an engine for economic development. Resources, tools and support groups are now providing a robust eco-system for small businesses and those looking to start one — anywhere.
What we find out from this is that there are two big location trends for small business;
One is the ability to start and operate from anywhere taking advantage of many different on-line platforms and communities. The statistics from these sites is staggering.
The second is the recognition by cities, counties and states that start-ups matter and the creation of an entire eco-system to help support this. While there are no doubt some communities better than others to start or operate a business the great news is based on the statistics above people are doing it everywhere.