Would live in an area that has homeless and illegal aliens replacing honest citizens? High cost of housing and schools that have families fleeing? Want to live in area where the unions control if you can get to work? If not, why do you think businesses would start in a slum, dirty, crime ridden area?
“WalletHub, a personal finance company, compared the relative startup opportunities in 100 large cities using metrics, such as the five-year business survival rate, labor costs, and office space affordability.
Out of the 100 large cities, San Jose ranked 99th, only behind Washington, D.C., in the overall ranking of best to worst large cities to start a business.
In 97th place was Fremont, and San Francisco only fared slightly better at 91st place.
Oakland was also among the worst large cities to start a business, ranking 85th in the overall ranking.
Dig deeper:
Fremont, San Francisco, and San Jose tied dead last for the cities with the best-to-worst labor costs in starting a business, having the highest costs in terms of labor to support businesses.
In this ranking, these cities are also tied with Irvine and Seattle.”
Now you know why California is in a DOOM LOOP. Northern California has become a Third World State.
Several Bay Area cities among worst cities to start a business
By O. Gloria Okorie, KTVU FOX 2, 5/23/25 https://www.ktvu.com/news/several-bay-area-cities-among-worst-cities-start-business
OAKLAND, Calif. – The San Francisco Bay Area is considered a powerhouse in the tech industry in Silicon Valley and several companies are headquartered here.
That said, according to a report by WalletHub, multiple cities in the Bay Area are considered among the worst large cities to start a business.
WalletHub, a personal finance company, compared the relative startup opportunities in 100 large cities using metrics, such as the five-year business survival rate, labor costs, and office space affordability.
Out of the 100 large cities, San Jose ranked 99th, only behind Washington, D.C., in the overall ranking of best to worst large cities to start a business.
In 97th place was Fremont, and San Francisco only fared slightly better at 91st place.
Oakland was also among the worst large cities to start a business, ranking 85th in the overall ranking.
Dig deeper:
Fremont, San Francisco, and San Jose tied dead last for the cities with the best-to-worst labor costs in starting a business, having the highest costs in terms of labor to support businesses.
In this ranking, these cities are also tied with Irvine and Seattle.
Separately, San Francisco tied last for costs of office space, with New York and Washington, D.C.
The cities were reported to have seven times a higher cost compared to the cheapest city, Toledo, Ohio, according to WalletHub’s findings.
Other metrics WalletHub looked at were accessible financing, average growth of small businesses, availability of human capital, and work week.
No Bay Area cities were considered to be among the best or worst in those categories.
Additionally, Oakland, Fremont, San Jose, and San Francisco ranked 94th, 96th, 97th, and 100th for business costs respectively. WalletHub determined the business costs’ rank by analyzing office space affordability, labor costs, corporate taxes, and cost of living altogether.
However, Fremont did score highly in terms of educated population, ranking fourth, compared to San Bernardino in last place, six times worse, WalletHub said.
San Francisco also scored on the higher end for business environment, placing 26th out of the 100 large cities.
Local perspective:
Several local restaurants have shuttered their doors in recent months in the Bay Area.
Two San Francisco restaurants closed, including Osito, holding a Michelin Star.
Osito cited “San Francisco’s economy” as a reason behind its closure, saying the city “does not always make it sustainable for restaurants.”
Osito’s owner Seth Stowaway said the restaurant’s $15,000 rent was no longer economically feasible, the San Franciso Standard reported.
One Market, which also bore a Michelin Star for several years, said the closure was a mix of personal and business reasons, including decreased foot traffic in the area after the pandemic.
WalletHub’s full report can be viewed here.
Another sign of prove California needs to vote for more conservatives.
https://shorturl.fm/bODKa
https://shorturl.fm/FIJkD
https://shorturl.fm/A5ni8
https://shorturl.fm/XIZGD