Illinois Franchise Opportunities
Illinois is a noted bellwether of the United States—it’s been a predictor of trends, and is home to a diverse economy and peoples.
Why Illinois?
With the powerhouse of Chicago, strong agricultural business, tons of natural resources and positioned as a transportation hub, Illinois has many things working in its favor and would be a fantastic place to open a franchise.
Chicago Calling
Chicago is the heart of Illinois: home to nearly 2.7 million people (and 9.5 million in the metropolitan area), the busiest airport in the world and eight major sports franchises. There is opportunity here that rivals New York City, and you could easily make this the home of your franchise, as well.
If Chicago doesn’t appeal to you, consider looking at Aurora, Joliet, Rockford, Springfield or Peoria.
Taxes in the Land of Lincoln
Illinois has a 7 percent flat corporate income tax, along with flat rate personal income tax of 3.75 percent, a personal property replacement tax (2.5 percent for traditional corporations, 1.5 percent for others), and an annual franchise tax.
Illinois by the Numbers
- There are 1.2 million small businesses in Illinois, which make up 98.3 percent of all employers.
- Illinois has a GDP of $609.6 billion and an unemployment rate of 6.2 percent.
Hawaii Franchise Opportunities
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!
Kentucky Franchise Opportunities
Do you enjoy bluegrass music, horse racing, bourbon and college basketball? If so, Kentucky might be the best state for you to try your hand at a new business venture!
Maryland Franchise Opportunities
Maryland might be small (only slightly larger than Hawaii), but it’s mighty—the wealthiest state in the nation with the highest median household income and the most millionaires per capita. Maryland takes advantage of its close proximity to Washington, DC, and is home to many companies in the defense, aerospace, biotechnology and governmental fields.
