Appraising, Cleveland Area, Cleveland Business, Happy Living

Advantages of Starting Your Business in Cleveland

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Are you considering starting a business in the Cleveland area? I moved from Denver, Colorado to the Cleveland area in 1996. It’s a great place to start a business! This week I welcome back guest blogger Seth Murphy who shares some advantages of starting a business in the Cleveland area. Enjoy!

Location can make or break a business’s success and is a critical consideration when deciding where to found a company. If you’re looking at Cleveland, Ohio, as the hub for your entrepreneurial venture, you’re off to a good start. This Ohio city is well-connected while offering excellent resources for entrepreneurs.

Read on to find out more about Cleveland and why it’s great for entrepreneurs.

Take advantage of a low cost of living

Cleveland has a lower cost of living compared to other major U.S. cities. You’ll find food, utilities, transportation, and housing are all affordable. Compared to other places in the country, home prices here have remained manageable throughout the post-Covid real estate boom, with the median home price at around $260,000.

Enjoy excellent quality of life during your time off

As an entrepreneur, you’re undoubtedly passionate about your business. However, you don’t want to spend all day, every day working. When you have downtime, you want to make the most of it. Cleveland offers an excellent quality of life with many attractions to keep you busy. Some options include:

  • Visit museums like the Cleveland Museum of Art.
  • Get into nature and check out the Cleveland Museum of Natural History or the Great Lakes Science Center.
  • Take the kids to the Cleveland Botanical Garden or the Cleveland Metroparks Zoo.

Harness the power of a supportive community

As a small business owner, you’ll rely largely on your local community for support when you’re first getting started. Cleveland doesn’t disappoint. There are many organizations, both governmental and private, to help you find your footing as an entrepreneur. Here are a few of the highlights:

Enjoy ample funding resources

Starting a business requires financial investment. You will need money for things like business licenses, technology, employee salaries, commercial rent, and more. Even if you’re starting a work-from-home business, you’ll need funds for basics like marketing. Unless you have a sizable nest egg, you’ll want help. Fortunately, there are a variety of local, state, regional, and national incentive programs available to Cleveland businesses.

Tap into the power of an educated workforce

An educated workforce helps to support an active labor market. Cleveland is ideally located with many colleges, universities, and technical schools in the city. This means that when it comes time to hire workers for your business, you’ll have a field of eager young talent to scout. Here are some of the nearby schools:

  • Case Western Reserve University
  • Cleveland State University
  • Delta State University
  • Cleveland Institute of Art

Your quick-start guide to Cleveland entrepreneurship

Ready to make Cleveland your home base for your new business venture? Fantastic! There are a few items you’ll have to check off your to-do list to get started. Here’s a quick guide:

  • Research how to register an LLC in Ohio.
  • Check with the city regarding required permits, ordinances, and zoning regulations.
  • Kickstart your marketing by designing a website, marketing through social media, and using a logo design maker.
  • Be sure to invest in high-quality software for bookkeeping.

Cleveland offers many perks for a potential business owner. Use the above tips and tools to help guide your path to startup success in The Buckeye State.

This article is brought to you by the Cleveland Appraisal Blog. For more information, please visit our website or contact us today!

Thank you, Seth, for sharing some great resources that can benefit those looking to start a business in the Cleveland area!

This week I leave you with a little Jazz music to enjoy whilst sipping your coffee or beverage of choice. Enjoy!

Have a great weekend!

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I am a member of the National Association of Appraisers. If you’re an appraiser, and you’re looking to join an appraisal organization, please check them out. The NAA is made up of fantastic appraisers from across the country who are working hard to keep their fellow appraisers up to date on what’s happening.

Click here to visit their website.

Here are some links to other articles I’ve enjoyed recently! I hope you will also… 

Space Out On Inflation And Crying About The Housing Market Pause – Housing Notes by Jonathan Miller

How to Avoid Accusations of Bias? – George Dell’s Analog Blog

Are Buyers In The Driver’s Seat Now? – Birmingham Appraisal Blog

Buyers are making less aggressive offers – Sacramento Appraisal Blog

Weird Real Estate Agent Photos for Appraisers-  APPRAISAL TODAY

For my readers in the CLE area… here are some articles related to news in our local area. I hope you enjoy these also… 

Vintage Brand History Series: Barbie – The Mustard Dandelion Blog

Castles in the sand: Annual American Institute of Architects Sand Festival returns to Edgewater – Fresh Water Cleveland

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