This Montana City Makes Top 10 For Hispanic Entrepreneurs

Montana is growing in so many different aspects.

New homes, new people, and of course new businesses. It doesn't matter what town or city you choose, there are inevitable changes happening.

Many long time residents of Montana often talk about how much they miss the "old Montana". The Montana that was quiet, a bit desolate, but beautiful. The Montana where they knew all the local shop owners and employees.

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Montana is ranked 17th in the U.S. for welcoming new small businesses and business owners.

SMALL BUSINESS + MONTANA

There has been a new recent study with a bit different results than that of the last small business report from WalletHub, and two Montana cities actually make this list for Best Cities For Hispanics Entrepreneurs. 

WalletHub revealed that if you are a Hispanic business owner, you may want to consider moving to either of these two towns.

Missoula

Missoula is actually ranked #7 for the best city in the U.S. for Hispanic individuals planning on starting or opening a new business.

Billings

Although Billings is ranked 50th, it is still considered a great location for Hispanic entrepreneurs.

WalletHub took many things into consideration when choosing what cities:

Hispanic Business-Friendliness

• Share of Hispanic-Owned Businesses
• Hispanic Entrepreneurship Rate
• Average Monthly Rent for Office Space
• And More

Hispanic Purchase Power

• Affordability
• Share of Hispanic Households with Annual Earnings Above $75,000
• Hispanic Unemployment Rate
• And More

Considering Billings is the largest city in Montana, there are ample opportunities for new small businesses and seems to be much more affordable than other cities in Montana.

cc: WalletHub