Nashville has experienced tremendous growth, particularly in the health care, tourism, publishing and music industries. Many high-profile businesses have relocated to the middle Tennessee area.
Nashville offers the favorable combination of a lower-than-average cost of living, one of the lowest tax burdens in the nation and attractive incentives for business owners. In fact, the cost of doing business in Nashville is nearly 10 percent lower than the national average.
At 21.6 percent, self-employment levels in the Nashville region are higher than the national average. Small businesses are an integral piece of the Nashville economy, and the local chamber of commerce focuses on the success of those businesses. Franchising in Nashville, Tennessee, is definitely worth a closer look.
Nashville is home to more than 100,000 university students, and a whopping 60 percent will stay and work in the area beyond graduation.