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Rochester Hills, Southfield rank among best cities for small businesses

Rochester Hills, Southfield rank among best cities for small businesses

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.

WXYZ