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Nevada Franchise Opportunities

Photo by Marius Christensen on Unsplash

Does the lure of bright lights, gambling, gold and sin draw you in? Nevada is home to some of the most libertarian laws, allowing for the legalization of things like prostitution, as well as lenient marriage and divorce laws. If you want to live life on the wild side, Nevada might be a good place to open your franchise!

Sin City

Three quarters of the population of Nevada live in the Las Vegas metropolitan area, and it’s no surprise why—Las Vegas is an international destination, and draws in billions of dollars a year. Tourism is a driving force of the city, with its legalized gambling, numerous casinos and glitzy shows. If you want to open a franchise in Las Vegas, consider any kind of food (link) franchise; who can deny a burger (link) or coffee (link) after a long night out?

Reno is the other major city in Nevada, and is also famous for its casinos and proximity to Lake Tahoe.

If the big cities don’t do it for you, consider checking out smaller ones such as Elko, Yerington or Tonopah.

Business in Nevada

Nevada is a fabulous place to start a small business because of the lack of taxes. Nevada is one of four states that don’t impose a corporate income tax, and it also doesn’t charge a state personal income tax.

However, if you run a business with employees, you will be subject to a 1.17 percent modified business tax, but in the scheme of things, you’ll be saving tons of money by not having to pay other taxes.

Big Money, Big Money

  • Tourism is the largest driver of the economy in Nevada, but mining and cattle ranching are also major players.
  • Nevada has a GDP of $136.9 billion dollars.
  • There are approximately 213,000 small businesses in Nevada, which make up 95.6 percent of all employers in the state.
Missouri Franchise Opportunities

With three great rivers running through it, a diversity of geography, and an actively growing economy, Missouri is a prime place for new franchise growth.

Maine Franchise Opportunities

If you’re a fan of forests, find yourself salivating over seafood, and want some peace away from people, maybe Maine is the right state for you to settle down in and start a franchise. There are lots of smaller towns—such as Augusta, Portland and Bangor—that will provide enough customers to run a business, but without the overwhelming hustle and bustle of major metropolitan areas.

Louisiana Franchise Opportunities

Down by the bayou, you’ll find one of the most interesting mixes of cultures the United States has to offer. With French, Spanish, Native American and African roots, Louisiana offers up a combination of foods, music and art that attracts many tourists and good business, making it a solid place to start a franchise.