This Southern city is the No. 1 place to start your own business

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LinkedIn identified the top U.S. metro areas seeing the biggest growth in new companies over the last year.

Atlanta and Austin are both seeing a lot of inward migration, says George Anders, LinkedIn's senior editor at large,"as people in all kinds of professions decide that these are the Grade-A destinations in terms of finding success for their careers, families and work-life prospects.

"They also need help buying homes, choosing schools, finding contractors and a whole lot more," he adds."So that translates into a very promising customer base that new entrepreneurs can tap into." "Though the San Francisco Bay Areas remains one of the world's leading places for tech startups, it's possible or perhaps likely that smaller 'Main Street' businesses aren't opening at a nation-leading pace," Anders says.

Across the U.S., nearly 1 in 5 adults are in the process of starting a business or have done so in the last 3½ years, according to the Global Entrepreneurship Monitor report andEntrepreneurship is at its highest level since the survey began in 1999, and follows early predictions that Covid-19 job losses could spur more people to strike out on their own.

 

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