Author: Neal Best Vice President Business Development at Greater Sacramento...
Where you run your business is one of the most important parts of how successful your business will be. California is the most profitable state in the country to do business. California is 144% more profitable than Texas, 157% more profitable than Illinois, 173% more profitable than Ohio, and 28% more profitable than New York. The most successful Fortune 500 companies in the world are located in California. When your company goes public, IPOs have 3x higher value on the first day, and 4x higher value after the first year than anywhere else in the United States.
Greater Sacramento brings together the competitive benefits of California in an affordable, young, and educated marketplace. Greater Sacramento is a complementary market to the Bay Area and Silicon Valley. Sacramento is 54% less expensive than San Francisco, and 27% less expensive than Seattle.
The Greater Sacramento Economic Council is dedicated to making sure you stay here. And we want to do whatever we can to make that happen. And if you’re ready to grow and don’t know where to start, let us lend a hand.