Report: East Providence one of best small cities to start a business

EAST PROVIDENCE is one of the best small cities to start a business, WalletHub said Monday. /COURTESY WALLETHUB
EAST PROVIDENCE is one of the best small cities to start a business, WalletHub said Monday. /COURTESY WALLETHUB

PROVIDENCE – East Providence is one of the best small cities to start a business, WalletHub said Monday.

East Providence ranked 38th on a list of 1,261 small-sized cities, defined as cities with a population between 25,000 and 100,000, according to the financial services website.

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Business environment, access to resources and business costs were used to come up with the rankings.

Among those categories, factors studied included average length of work week, number of startups per capita, average revenue per business, average growth in number of small businesses, financing accessibility, office space affordability, labor costs, corporate taxes and cost of living.

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Other Rhode Island and Southeastern Massachusetts small cities ranked as follows:

  • Pawtucket, No. 641
  • New Bedford, No. 767
  • Woonsocket, No. 830
  • Warwick, No. 853
  • Cranston, No. 868
  • Taunton, No. 918
  • Fall River, No. 949
  • Attleboro, No. 1165

Holland, Mich., ranked first on the list as the best small city to run a business. Last on the list was Suisun City, Calif.

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