New York City is the top location for young entrepreneurs looking to start an LLC, according to a new survey by Under30CEO.
Survey respondents were asked to rate cities based on a number of factors, including resources, events, schools and even the city’s climate and social environment.
"There is a major social scene in the city where it reigns with the most bars in the country and also countless festivals, meet-ups and social activities," the site described.
In addition to New York’s social scene, those polled also gave New York an edge for its position as a global business center and as the home of both Nasdaq and the New York Stock Exchange. The number of companies there, along with the population of the largest city in the country, means that there are plenty of customers within easy reach.
Other cities in the Top 5 included San Francisco, California; Austin, Texas; Boston, Massachusetts and Denver, Colorado.
New York’s taking of the top slot marked a noticeable shakeup in the rankings compared with 2009′s results. Last year, Boston ranked No. 1, and was followed by Chicago, Illinois; New York; Austin and Seattle, Washington.
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