South Florida Cities Rank Among ‘Best Cities to Start a Business’

Starting a business from scratch is no small feat, so being in an environment that lends to successful business ventures is a great way to maximize your growing business’s potential.

A list compiled by WalletHub ranking large cities by startup viability shows the Sunshine State as a hub of innovation, with five of the top 20 cities listed being in Florida. Coming in at No. 3 on the list is Miami. Miami also ranked highest from results in the same study for most startups per 100,000 residents (234.72).

WalletHub also compiled a similar list comparing small cities by a measure of the same metrics. Of the over 1,200 cities considered, South Florida hosts many of those ranked in the top 50. Boca Raton is ranked 14th for overall startup viability, with an “access to resources” ranking of sixth. Just below Boca Raton is Deerfield Beach at No. 15 with a “business environment” ranking of 13th.

Not far behind, Palm Beach Gardens is ranked 34th and North Fort Lauderdale at 36th. Doral comes in at 41, Boynton Beach at 46th, and Hallandale Beach at 49th.

In all, South Florida is home to seven of the top 50 small cities in America best suited for startups.


UPDATE: In a newly-released list compiled by Biz2Credit, Miami has been ranked No. 1 among Top 25 Cities for Small Business Growth in 2019. Rising from its No. 3 placement in 2018, Miami has officially surpassed New York in receiving the No. 1 spot. This ranking is based on analysis including annual revenue, credit score, business age, and the BizAnalyzer score that factors in financial data.

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Drew Limsky

Drew Limsky



Drew Limsky joined Lifestyle Media Group in August 2020 as Editor-in-Chief of South Florida Business & Wealth. His first issue of SFBW, October 2020, heralded a reimagined structure, with new content categories and a slew of fresh visual themes. “As sort of a cross between Forbes and Robb Report, with a dash of GQ and Vogue,” Limsky says, “SFBW reflects South Florida’s increasingly sophisticated and dynamic business and cultural landscape.”

Limsky, an avid traveler, swimmer and film buff who holds a law degree and Ph.D. from New York University, likes to say, “I’m a doctor, but I can’t operate—except on your brand.” He wrote his dissertation on the nonfiction work of Joan Didion. Prior to that, Limsky received his B.A. in English, summa cum laude, from Emory University and earned his M.A. in literature at American University in connection with a Masters Scholar Award fellowship.

Limsky came to SFBW at the apex of a storied career in journalism and publishing that includes six previous lead editorial roles, including for some of the world’s best-known brands. He served as global editor-in-chief of Lexus magazine, founding editor-in-chief of custom lifestyle magazines for Cadillac and Holland America Line, and was the founding editor-in-chief of Modern Luxury Interiors South Florida. He also was the executive editor for B2B magazines for Acura and Honda Financial Services, and he served as travel editor for Conde Nast. Magazines under Limsky’s editorship have garnered more than 75 industry awards.

He has also written for many of the country’s top newspapers and magazines, including The New York Times, Washington Post, Los Angeles Times, Miami Herald, Boston Globe, USA Today, Worth, Robb Report, Afar, Time Out New York, National Geographic Traveler, Men’s Journal, Ritz-Carlton, Elite Traveler, Florida Design, Metropolis and Architectural Digest Mexico. His other clients have included Four Seasons, Acqualina Resort & Residences, Yahoo!, American Airlines, Wynn, Douglas Elliman and Corcoran. As an adjunct assistant professor, Limsky has taught journalism, film and creative writing at the City University of New York, Pace University, American University and other colleges.