- 12 Oct
Why NOW is the Time to Buy a Franchise in Portland
Portland is a city that needs no real introduction – known for its vibrant and thriving culture, abundance of food, art and a true outdoor lifestyle, it’s one of the country’s most lively cities. For anyone considering opening their own franchise, here’s why Portland should be on the top of your list:
One of The Fastest-Growing Metro Areas in the Country
Numbers from the U.S. Census Bureau show that the Portland metropolitan region grew at a rate of 1.72% between 2014 and 2015, and the area shows no sign of slowing down. The region’s rapid growth is largely due to the large migration of residents from other parts of the country who are eager to become part of one of the States’ most progressive cities. Considering that the metro area has a per capita GDP of $65,473, it’s not hard to see why Portland is a promising place in which to open your own business.
One of The Best Places for Business and Careers
According to Forbes, Portland ranked third on its “2015 List of The Best Places for Business and Careers”, up 18 places from the previous year. The city, known for its friendly and relaxed lifestyle, is also a hub for innovation and a talented workforce. As well as hosting a multi-faceted infrastructure of employees, the city supports a variety of major industries, making it the perfect ground for an up-and-coming franchise owner. From the tech world, to manufacturing and healthcare industries, there’s bountiful opportunity for an entrepreneur to make their mark.
The Portland Lifestyle
Portland’s unique lifestyle is why so many people flock to this Pacific Northwest city. Progressive and inclusive, it’s easy to see what draws people to its streets. Whether it’s farmer’s markets, music, or food trucks, there’s plenty to supplement this city and satisfy those desiring a friendly, laid-back environment. Not only that, but the city boasts an impressive array of microbreweries and the state itself has over 400 wineries. Whatever your interests, Portland is bound to have something to suit you. For business owners looking for both work and play, Portland is sure not to disappoint.
Visit our franchise opportunities page to find out more about opening a franchise with OpenWorks.