7 Reasons Why Atlanta is the City of Choice for Entrepreneurs
Maybe you’ve just started a unique small business, or perhaps you want to become a franchise owner, but the costs of running a business in your city are so high that you’re thinking about moving to make your dreams come true. By moving to Atlanta and marketing your business with Marketing Done Fast, you can leverage the low costs of living in the city to move your company forward! Plus, Atlanta has plenty to offer professionals with families. Here’s why so many entrepreneurs are choosing Atlanta.
Affordable Housing and Low Cost of Living
Currently, the median home price in Atlanta stands at $372,500. Rentals in Atlanta are also quite affordable, with typical rent prices ranging from $700 to $1,400. With a vacancy rate of 5.3% for the metro area, there are plenty of rentals on the market. And these low costs apply to labor expenses, too, which gives you a longer “runway” as a business owner.
What if you’re unsure about staying in Atlanta for the long term? If you do buy a home or apartment, you could always list it online as a rental and find tenants. For instance, listing your property on a site like Rent.com enables potential tenants to find you. They can filter for details like monthly rates, their preferred number of bedrooms and bathrooms, pet-friendliness, and other features.
If you’re moving a long distance, you’ll probably want to hire movers. Start narrowing down your selection by perusing online reviews. Talk to movers who provide services between your current city and Atlanta in order to get price quotes and let them know what you need. If you don’t have much room in your budget to hire movers, you can start seeking out moving companies offering deals or credits to help you save.
Business Launch Checklist for Atlanta
Adhering to Georgia’s requirements for businesses is crucial. After all, you do not want to run into legal issues. Starting Your Business states that Atlanta business owners should abide by these regulations:
- Select a business entity, choose a descriptive business name, and consider getting a trademark to protect your brand name and identity.
- There is no general business license for the state of Georgia, but check if entrepreneurs if your field require specialized licenses or permits.
- Even if you’ll be running a business out of your home, you might want to consider buying business insurance.
In addition, new businesses relocating to Atlanta will need to focus heavily on social media marketing to connect with a client base in a new city. This is true even if you’re opening a branch of a well-known franchise in the city! You can utilize digital tools like Adobe Spark Post, an Instagram post generator, to produce attention-grabbing content and boost brand awareness on the popular social media site. All you need to do is select a template, edit the text, font size, and colors to customize your post, resize your design if necessary, and then upload your post!
Highly Educated Workforce
Thanks to the presence of several great local colleges, there is no shortage of top talent in Atlanta. You can hire qualified graduates directly from some of these renowned universities in the city:
- Georgia State University attracts motivated students pursuing varied careers.
- Emory University is a popular choice for students seeking a rigorous private education.
Students at the Georgia Institute of Technology are well-prepared to work in technical roles
Major Company Presence
For years, major corporations like Coca-Cola, Delta Airlines, and AT&T have been headquartered in Atlanta, drawing highly-skilled professionals to the city. In addition to talent from local universities, professionals who have honed their skills working for prestigious employers also make up a portion of the labor market. And if they’re interested in transitioning to a role with a small business, your company might be the right fit!
Growing Entrepreneurial Community
Support is key to your growth as an entrepreneur. In Atlanta, you’ll benefit from a community of fellow business leaders and mentors as well as customers who want to see you succeed. The Atlanta Small Business Network recommends linking up with local organizations like these:
- Oxwork offers coworking spaces as well as business events and goal-setting programs.
- The Buckhead Club is a prestigious networking association for entrepreneurs.
- The Gathering Spot hosts lots of fun events where business owners can relax!
In Atlanta, you’ll enjoy world-class food, amazing festivals, and access to relaxing green spaces even if you live in the center of the city. All of these perks of living in Atlanta make for a happier workforce! The list of potential activities is endless, so here are a few of the best things to do in Atlanta:
- Piedmont Park is the perfect place to escape the bustle of downtown.
- See the city’s trees in full bloom at the Atlanta Dogwood Festival!
- Enjoy the authentic sounds of Atlanta at Music Midtown.
Atlanta is a very diverse city, and this means that your employees will probably bring lots of different life experiences and varied perspectives to the table. With their unique insights, you’ll be able to stay ahead of the curve!
For entrepreneurs with families, finding an area with a low cost of living could be the ticket to success. With reduced expenses, you’ll enjoy peace of mind. It’s easy to see why Atlanta is such a popular city for entrepreneurs!
Need digital marketing services for your franchise? Marketing Done Fast can expand your franchise’s reach! Call us today at 404-326-8064 to find out what we can do for your business.