NerdWallet Ranks Oldsmar Number 1 in Tampa Bay

Oldsmar shares the wealth through employment!

Nerdwallet, a website that crunches financial data, conducted a statewide poll of 268 Florida cities and rated them for launching a small business.  The rating factors covered cities with over 10,000 populations and scored each location based on: business climate; average revenue of businesses; the percentage of businesses with paid employees; the number of businesses per 100 people; and income, housing costs and jobless rate.

Oldsmar ranked highest among Tampa Bay area cities at No. 16. Oldsmar was highly rated for its average revenue per business ($1.4 million) but also because more than 40 percent of its businesses had paid employees — an indicator of growth — at a greater percentage than most other Florida cities in the study. Most small businesses are sole proprietorship’s. Read more…