When it comes to working for a small company, Raleigh is the second best place in the country to be.
WalletHub, a personal finance social media network, released Wednesday its 2015 Best and Worst Cities to Work for a Small Business. Along with being No. 2 overall on the list, North Carolina’s capital also ranked No. 3 for its “economic environment” and No.10 for its “small business environment.”
Also in the state, Charlotte-Concord-Gastonia ranked No. 1 overall with a “small business environment” rank of 1 and an “economic environment” rank of 18; Winston-Salem ranked No. 55 overall; Greensboro-High Point ranked 62 and also ranked No. 4 in “highest net small-business job growth.”
According to the U.S. Small Business Administration, 99.7 percent of all U.S. employer firms are small companies that employ nearly 49 percent of the private workforce.
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The WalletHub report analyzed the small-business environment of 100 of the most populated metro areas using metrics that include job growth, the number of small firms in that area, small-business employee earnings and industry variety.