So, you have decided to start a business in the state of Delaware but are unsure where to settle down? Lucky for you, today we talk about places in Delaware for starting a business. We will be going through some of the towns and cities of the state in which, one can find a good business opportunity. Furthermore, we will also be talking about each place a little bit. This will allow you to learn more about the area and find out what businesses thrive there. More importantly, if you are planning to move your household or even your office, you should consider hiring a professional moving company, like Superior Moving & Storage, to help you relocate. Once you can rely on professionals to relocate you, you can turn your focus and attention to finding the best place to start, or move, your business.
Best places in Delaware for starting a business
The state of Delaware is located in the Mid-Atlantic region. It borders Maryland, Pennsylvania, and New Jersey. Delaware is the second-smallest state in the country. The capital of the state is Dover. However, the largest city is Wilmington. According to the 2020 census, there are around 990.000 residents living inside the state. Moreover, the small size of the state, along with a large population living inside it make Delaware the sixth most populated state in the United States.
When talking business, Delaware is widely known for being quite a business-friendly state. Around 65% of Fortune 500 companies are located in Delaware. Not to mention that there are new startups opening up on a regular basis. One of the biggest attractions is the fact that there is no state tax for companies that are incorporated in the state. Moreover, there are also other tax reliefs many residents of the area enjoy.
To start off strong, we are going to talk about the most populous and largest city in all of Delaware. There are 71.000 residents living in the area. Being one of the main cities of the state it is only natural to expect that Wilmington attracts a lot of companies to it. Apart from being the largest city in the state, the financial laws of the city are also the reason why companies flock to it. Slowly, but surely, Wilmington has become the national financial center in the credit card industry. Furthermore, some of the most notable industries in the city are:
- Retail banking
- Legal services
- Science and technology
So, if you think that Wilmington is the perfect place to start your business consider hiring movers Delaware to help you relocate with ease.
Welcome to the capital city of the state of Delaware. Dovers is the second-largest city in the state. Moreover, it is also the county seat of Kent County. At this moment, the city of Dover has around 37.500 residents living in it. However, the city is experiencing a rapid growth rate in the past couple of years. This is mostly due to the low-cost lifestyle people enjoy. For instance, the median house income in the area is only $175.300, while the national average is $217.500.
More importantly, the Kent County government is one of the biggest employers in the city. Now, the main reason why you should consider this city in Delaware for starting a business is due to the low cost of living. Namely, this area is experiencing constant growth and poses a perfect location for starting a family business.
3. Best places in Delaware for starting a business: Seaford
Welcome to Seaford, the city along the Nanticoke River, located in Sussex County. There are around 8.000 residents living in the area. The whole area of Seaford is in a form of a dense suburb. More importantly, the city has a lower house value than the national average. Namely, the average house value is $170.300. The majority of the population is owning their homes instead of renting them. The area is a great choice for those who wish to live in a family-friendly city that is safe and diverse. Furthermore, the city is full of history and various amenities to visit. Moreover, by hiring commercial movers Philadelphia PA, you can have the chance to create both a life and family business in this small town on the Atlantic Coastal Plain. There are not many job opportunities here. However, you can quickly change that.
Is Delaware a good choice for starting a new or moving your existing company?
In general, Delaware, as a state, is the best place in which you can own a business. By incorporating your business in the state, you gain amazing benefits that can help you develop a true corporation. All the financial laws, as well as the Delaware General Corporation Law, make it easier for people to start a business there.
Granted, the cities in the state are not that big, except Wilmington. However, this only makes a perfect opportunity for those who wish to start a family-owned business in a smaller town. To put it into another perspective: You will gain tax benefits, along with other benefits, to start a business in a state that almost guarantees your success. So what are you waiting for? Call your long distance movers Philadelphia and start planning your relocation today!
Rethink what might suit you the best and go for it
Ultimately, you are the one who has to make the choice. What would you prefer: Having one in a million businesses in a large city or establishing your name in a new area with not so many people in it? As far as we are concerned, the latter can open a lot of different possibilities to you. Furthermore, we want to point out that Delaware cities experience constant growth. Some are rapid, others not so much. Needless to say, if you need places in Delaware for starting a business, research a few of its towns to fully grasp the idea and lifestyle of residents.
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