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    Why The Rocky Mountains are an Ideal Place for Startups
    A recent study has shown that a considerable number of Americans are entrepreneurs. Among these business owners, 24 million are in startup business activity while 14 million are running already established businesses. Entrepreneurship is a very profitable venture, and almost everybody has had a thou [...]


    Why The Rocky Mountains are an Ideal Place for Startups


    A recent study has shown that a considerable number of Americans are entrepreneurs. Among these business owners, 24 million are in startup business activity while 14 million are running already established businesses. Entrepreneurship is a very profitable venture, and almost everybody has had a thought of starting a business at some point. However, very few people take the bold step of starting a business. Small businesses are faced with numerous challenges that hinder their chances of survival. For this reason, entrepreneurs have been forced to do thorough research on the most appropriate business locations that will bring maximum profits.

    Some of the other factors that they consider include:
    1. Labor costs and availability
    2. Low cost of living
    3. Favorable tax climate
    4. History of other startup businesses.

    A considerable number of entrepreneurs have earmarked the Rocky Mountains as one of the places with the most conducive business environment.

    Why set up a business in The Rocky Mountains?
    Most Americans have chosen big cities such as San Francisco and New York City as the home to their small businesses despite their high cost of living and poor tax climate in these areas. This is according to a survey by the Tax Foundation. Team building Denver is one of the things that has contributed significantly to the discovery of The Rocky Mountains as a potential business hub. In this place, there are a lot of team building activities. Therefore large masses of people converge here making it an ideal place to set up a small business.

    The Rocky Mountains borders Colorado Springs as well as other major cities. This strategic position allows easy access to Denver Metro Market as well as the Pueblo market. Both markets have a total population of about 2.7 million people. This provides a large pool of people for conducting businesses with. Labor is also readily available due to the populous nature of the surrounding areas. Clients are also in abundance in the Rocky Mountains. Favorable personal-income tax, low costs of living and the beautiful sceneries in the Rocky Mountains are some of the things that draw the people into the area.

    In the Rocky Mountains, supporting business start-ups is a communal responsibility. The residents in the area believe in their ability to build a homegrown start-up community. They also help one another in running the set businesses. It is, therefore, a friendly environment that has all the ideal conditions of setting a business. The city hosts numerous business people who have adequate expertise in their respective entrepreneurial undertakings. Team building activities in the area offer a chance to people to spot market gaps.

    When people learn about the communal support for start-ups that exists in the area, they feel so encouraged to start businesses there. Prospective entrepreneurs have been inspired by the successful business veterans in the Rocky Mountains. Most of these well-established entrepreneurs have become resourceful mentors to the new ones. Brad Feld is one of the prominent entrepreneurs in the Rocky Mountains. He encourages entrepreneurs to never hesitate in starting businesses. He also urges abiding by the ethical business rules to ensure that everyone has a chance of competing fairly. Brad notes that if everyone supports others in their business undertakings, the community will be the greatest beneficiary in the long run.

    Conclusion
    In a nutshell, Rocky Mountains is a hot spot for new start-ups. Chris Myers who is the co-founder of BodeTree says that this is one of the most appropriate environments to start a business in the United States. Mr. Myers has been impressed by the response of clients when his company invested in Denver. The Rocky Mountains has unique selling points that entrepreneurs cannot just afford to ignore. These include low cost of living and a supportive community. It also has a relaxed environment that is free from the noisy city climate. Growth is an important parameter for small start-ups. Therefore, there is a need for entrepreneurs to be vigilant at all times to ensure that their businesses survive in the tough business environment.

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