Wisconsin Franchise Opportunities
Known as “American’s Dairyland” and especially renowned for its cheese—and cheeseheads (fans of the Green Bay Packers)—Wisconsin sits between the Great Lakes and the Mississippi River and has a wide variety of geographical features. If you want to live among the best cheeses and craziest football fans in the nation, consider opening your franchise in Wisconsin!
City Selection
More than two-thirds of the state’s population lives within urban areas, with a third of the people in the Milwaukee metropolitan area. There are plenty of mid-size towns to check out to find the perfect fit for you. Consider these places:
- Madison: The state capital, Madison is surrounded by four lakes and is home to the University of Wisconsin, Madison. It’s frequently been rated one of the top places to live in America.
- Milwaukee: The largest city in the state, it sits on Lake Michigan and is a cultural and economic hub of the state. It’s known for its breweries and many companies have headquarters here.
- Green Bay: Home to the Green Bay Packers, this is an industrial city with several meatpacking and paper plants.
Major Industries
Manufacturing is the largest driver of the Wisconsin economy, accounting for 20 percent of the GDP and boasting a diversity of products made in state.
Wisconsin is also a major producer of dairy products, including cheese, milk and butter. Other crops include corn, cranberries, oats, carrots, potatoes and cherries.
Tourism is the third major industry, with many people traveling to explore the numerous waterways, as well as annual festivals.
Let’s Talk Taxes
Wisconsin has a corporate income tax of 7.9 percent, as well as an economic development surcharge for businesses that have gross receipts over $4 million. There is a state personal income tax that ranges from 4 to 7.65 percent.
Business Statistics
- There are 440,000 small businesses in Wisconsin, which account for 97.8 percent of employers in the state.
- Of those, 15,350 are franchises, which employ 177,100 people.
- Wisconsin has a GDP of $281.7 billion, which is slightly more than that of Singapore.
Florida Franchise Opportunities
Florida, the Sunshine State, home to beaches, swamps, gators and nearly 20 million potential customers. If you choose to open a franchise in Florida, you will be blessed with great weather (mixed with a few hurricanes), a diverse population and no income taxes!
New York Franchise Opportunities
Although it may seem like New York is the land of major retailers, small business is booming in the Empire State—there are more than 2 million small businesses in New York. These are located in every region, city and neighborhood of the state, making New York a fantastic place to start your franchise.
Washington, DC Franchise Opportunities
The nation’s capital and home to a proliferation of government activity, DC is a great place to take advantage of a fairly affluent population, great (and free!) museums, and a dazzling art scene. If you’re thinking about opening a franchise, Washington, DC might be the perfect place for you!
