American Cities to Lose Most Small Businesses

Small businesses across the country are struggling in the current economy and the past few years have forced many to shut their doors forever. Certain cities have lost more small businesses than others, as verified by the ”Small Business Trouble Spots” study commissioned by the Kiva and Visa. Do you operate in one of the top cities to lose small business?  The cities are ranked by loss per person rate.

1. Cleveland-Elyria-Mentor, OH: lost 1, 258 small businesses

2. Miami-Fort Lauderdale-Pompano Beach, FL:  lost 3,245 small businesses

3. Pittsburgh, PA: lost 955 small businesses

4. Columbus, OH: lost 596 small businesses

5. Detroit-Warren-Livonia, Mich.: lost 1,465 small businesses

6. Orlando-Kissimmee, Fla.: lost 841 small businesses

7. Minneapolis-St. Paul-Bloomington, Minn.-Wis.: lost 1, 227 small businesses

8. Kansas Xity, MO.: lost 661 small businesses

9. Providence-New Bedford, Fall River, R.I.-Mass.: lost 532 small businesses

10. Milwaukee-Waukesha-West Allis, Wis.: lost  434 small businesses

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Posted on August 16, 2011, in Uncategorized. Bookmark the permalink. 1 Comment.

  1. What stands out to me is the cities that are not on the list. I would have expected California to be listed. I live in Texas and lot of Texas growth is coming from California. When companies look to move or start up they come to Texas because there is no state income tax and its a right to work state. I just wonder if those cities had a small business friendly environment.

    More government requirements for the new health care bill, will shutter a few companies. From where I sit it looks like 25 to 40% increases in benefits cost.

    Be interested to compare the environments in these places.
    http://www.eiradioshow.com

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