Rochester Hills, Southfield rank among best cities for small businesses

Posted on September 6, 2018

Three Michigan cities have been ranked among the best cities for small businesses, according to a report by Verizon Business.

Southfield topped the list at #4, Rochester Hills came in #8 and Novi at #36.

Verizon used data from the U.S. Census and financial overviews from cities across the country to compile the list.

Researchers based their rankings off these six metrics:

Education levels of local workforce
In-city commute times
Income per capita
Broadband access
Availability of SBA loans
Tax friendliness

Read the full report here.