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Hawaii Franchise Opportunities

Photo by James Gillespie on Unsplash

If you’ve ever dreamed of living on a tropical island, surrounded by beaches, surfing, lush vegetation, Hawaii might be an ideal place for you to open a franchise. Imagine running your own business and staring out into the Pacific Ocean with a drink in hand!

So Many Islands, So Little Time

Hawaii is an archipelago made up of eight islands. The different islands offer unique chances to live in the middle of the Pacific Ocean. Consider living on:

  • Hawaii (the Big Island): The largest of the islands, it’s built from five separate volcanoes, three of which are currently active.
  • Maui: A huge tourist draw, Maui is renowned for its surfing, snorkeling and black sand beaches.
  • Oahu: The third largest island, but home to about two-thirds of Hawaii’s population, as well as the capital city, Honolulu.

Trouble in Paradise

If you choose to move to Hawaii, keep in mind that the cost of living might be a lot more expensive than what you’re used to. Because many items have to be brought over from the mainland, expect to be paying three to four times as much for commodities such as milk, meat and bulk food items.

Tropical Taxes

Life might seem like a permanent vacation if you start a franchise in Hawaii, but you’ll still have to pay taxes. While there is no franchise tax, there is a corporate income tax that ranges from 4.4 to 6.4 percent. In addition, the state income taxes are on the steep side—the tax brackets go from 1.4 to 11 percent.

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.

Arizona Franchise Opportunities

If you’re looking for a place to settle that will provide you great business opportunities with a high quality of life, consider launching your franchise in Arizona!

Minnesota Franchise Opportunities

The Land of 10,000 Lakes really is an accurate description of Minnesota—there are more than 11,000 lakes scattered across this beautiful state, whose name comes from the Dakota word meaning “clear blue water.” Minnesota has a high level of civic engagement, a high standard of living and is one of the best-educated states in the nation, making it a fabulous place to start your franchise and call home.