When it comes to running a successful small business, there are a lot of contributing factors. Population, location regional advantages, all of these things play a part in a business’ ability to thrive. In Albuquerque, NM, the center of “the New Mexico Technology Corridor,” all of these things combine to create a favorable environment for businesses.
With a high concentration of high-tech companies, government institutions and other large corporations that small businesses fit perfectly in between, Albuquerque offers a unique environment for business owners that allows them to think outside the box, or stick to their traditional approach; both of these kinds of businesses seem to thrive in “the 505.”
As a business owner in Albuquerque, you’ll never be short on happy customers to serve as “the Big A” has been voted a top 10 place to live by various sources over the past 15 years. On top of that, Albuquerque was also ranked seventh on Forbes’ 2014 America’s Engineering Capitals list.
With an abundance of innovative thinkers and successful businesses, as well as a cost of living that falls 7% below the national average, Albuquerque and the rest of Bernalillo County are a perfect storm for most business owners.
Here’s more info from our experts to help your small business thrive.