Why North Carolina is a Business-Friendly State

Discover why North Carolina is one of the top US states for business. Learn about its low cost of living, quality lifestyle, transportation infrastructure & more.

Why North Carolina is a Business-Friendly State

In addition to the large number of people who come to the state and who continue to deepen our pool of high-quality talent, our world-renowned education system graduates thousands of students into the state's workforce each year. Several training programs from a variety of organizations prepare more workers for skilled positions that are tailored to the specific needs of businesses. North Carolina has 53 colleges and universities, including 17 public universities, offering an unparalleled quality of life. From its beautiful beaches and majestic mountains to the idyllic areas in between, it's no surprise that people everywhere flock to the state.

Add to that its central East Coast location, moderate climate, and relatively low cost of living, and it's easy to understand why North Carolina is the ninth most populous state in the US.North Carolina enjoys a lower cost of living than the national average, along with a high level of personal satisfaction. If you're looking for easy access to domestic and global markets, look no further than North Carolina. Its extensive highway system, four international airports, and two seaports make it clear why North Carolina consistently ranks as one of the top US states for business. Raleigh has been ranked as the best business climate in the country by Site Selection magazine for ten out of the last twelve years.New York and California chose not to pay theirs even though they had all the money to do so, which means that the federal government will raise the corporate tax until it is paid.

According to Luddy, “Lots of good financial decisions, big improvements in educational opportunities, contained regulation, so for the past 12 years the General Assembly has done incredible things.” However, this is only true to the extent that political actors come together around ideas that are good for all companies, not just a select few, says Kokai.The bottom line is that North Carolina has placed itself in a position to compete for the honor of being the top state for business due to a decade of taxation and regulatory reforms, along with worthwhile changes in transportation and education policy. The state's corporate grant and loan programs have been given new life under its bipartisan truce.All of these forms of small and start-up business assistance organizations refer companies to external strategic partners and city departments who can help them. The Fayetteville Business Center offers seminars and workshops for those seeking training or information to start and grow their businesses. Fayetteville ranks seventh nationally as a business center due to its strong industrial base, along with its extremely hardworking local workforce.One of its objectives is to establish a stronger partnership between the Center and the FSU School of Business and Economics.

Practical help is provided in building business teams, locating flexible spaces for growth, accessing financing, receiving legal advice, establishing marketing strategies and providing tax advice.Greenboro, Fayetteville and Raleigh are just three of the best cities in North Carolina when it comes to business locations. The Fayetteville Regional Chamber of Commerce partners with organizations across the area to help businesses establish themselves locally, succeed and grow.

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