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Montana Franchise Opportunities

Photo by Michael Bourgault on Unsplash

If you long for the great outdoors and want to live in a lot of space without a lot of people, consider moving to Montana, where some of the most beautiful natural spaces are national parks, and there won’t be much to block your view of the mountains.

Life in Montana

With only about a million people spaced out across the fourth largest state in the country, you’ll have plenty of room to roam in Montana. There are a three cities with populations over 50,000 (Billings, Missoula and Great Falls), as well as five micropolitan areas (Bozeman, Butte, Helena and Kalispell) that make up the “big 7” cities in Montana.

Though the population is almost 90 percent white, there is also the largest concentration of Native Americans in the country.

Montana is known for its supreme recreation, and is also the least obese state in the nation. Consider opening a health food (link) or sports (link) franchise to cater to the fit population.

Economy Drivers

Montana has a GDP of $46 billion dollars, which is one of the lowest in the nation, but it also has one of the smallest populations. Major industries in the state include natural resources (lumber, minerals, gold, silver, coal and talc) and tourism, as Montana is home to Glacier National Park and entrances to Yellowstone National Park.

Taxes and Business

  • Montana has a corporate license tax that is a flat rate of 6.75 percent, but the state does not have a franchise tax.
  • The personal income tax ranges from 1 to 6.9 percent.
  • There are 11,214 small businesses in Montana, which make up 97.5 percent of the state’s employers.
Alaska Franchise Opportunities

Alaska sits high above the rest of the continental United States, home to 735,000 souls brave enough to take on the long winters and harsh conditions. If you’re tough enough to live in “The Last Frontier,” you will be rewarded with some of the lowest taxes in the country!

Mississippi Franchise Opportunities

The land of catfish, blues music and cotton, Mississippi is rich in cultural heritage. There is plenty of opportunity to come in and make positive change in this state, and it could benefit from the right kinds of franchises.

North Dakota Franchise Opportunities

North Dakota is booming—it has the lowest unemployment rate, the fastest growing GDP and has the largest percent increase in population in the past five years. A new kind of gold rush has brought this all about, and if you’re willing to cater to the oil field workers, you too can cash in on the opportunities abounding in this northern state.