Best Cities for Business

Posted by accountingweb on 114 printer friendly

Fortune Magazine has announced its annual listing of the Best Cities for Business and the surprise is - there are no surprises.

New York, San Francisco, Chicago, Washington DC, and San Jose top the list. All old-time favorites, all with a technology focus behind them.

The survey was conducted by Arthur Andersen who interviewed 1,400 top ranking executives to complete the study.

What are the factors driving the locations of the top cities for business? The answer is not tax rates, or even the quality of public education. What's driving executives to embrace a warm business climate is cities with a pro-business attitude, entrepreneurial activity, and a local supply of managers and professionals.

London, Hong Kong, and Buenos Aires top the Europe, Asia, and South America lists for the Winners of the World, with many of the same qualities cited.

What does all of this mean? According to Fortune Magazine, their list "is a good indicator of not only where business is thriving today but also where it will be happening tomorrow. "

Tags 
Economy

Voice of the Editor

Even though any accounting auditor would tell you it seems like there are an awful lot of tax accountants out there, surely one-third of the country isn't made up of tax preparers, so it's rather startling news to learn that one-third of Americans like to do their taxes. Who knew?
Read more
Gail Perry, CPA
Publisher/Editor-in-Chief, AccountingWEB
editor@accountingweb.com
ADVERTISEMENT

This Week on AccountingWEB

Bill Walter of Gross, Mendelsohn & Associates and Harold Gaar of TravisWolff LLP weigh in on mobile technology use while employees are at work.
WestArk RSVP and Fayette County Community Action Agency – organizations that received grant funding through the IRS Tax Counseling for the Elderly (TCE) program – spoke with AccountingWEB about how they assist senior citizens in their communities.
CPA Robert Raiola, who heads the Sports & Entertainment Group of Fazio, Mannuzza, Roche, Tankel, LaPilusa, LLC, talks NFL player income taxes with AccountingWEB.
Retiring KPMG Centennial Professor of Accounting at the University of Texas at Austin McCombs School of Business Robert May, PhD talks with AccountingWEB about his rewarding forty-three-year career.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT