There are many reasons to start a business in Cumming, Georgia. Some of the things to consider when deciding where to start up include the city culture, networking and events held in the area, the lifestyle of the residents, the cost of living, and the local talent pool. In 2015, The Atlanta Business Chronicle rated Cumming one of the 10 best cities in the state to start a business in. Being the center of trade for Forsyth County and the economic base in the area, it serves as the place consumers look to for daily shopping.
Cumming offers business owners many of these things. These criteria, which are covered below, may convert to higher profits and company successes.
Affordability of the Area
The cost of living compared to the annual income of a community determines how much disposable income consumers have to spend on entertainment, including products and services. The cost of living in Cumming is higher than the state and national average. Unemployment is low and projected job growth is high, which means a large majority of the residents are employed, and 34% of the population includes married professionals.
As far as home values go, the median cost of a single-family home is $464,000.
Value of a Supportive Community
Cumming has an extensive group of established business owners and organizations to connect with. All entrepreneurs need a community of like-minded individuals who provide inspiration and emotional support and share ideals. Professional communities share experiences and learn from each other’s mistakes, exchange tips of the trade, exchange industry knowledge, and can share skills and services with one another. Organizations that provide benefits for entrepreneurs include:
- Greater North Fulton Chamber of Commerce
- Better Business Bureau of Metro Atlanta, Athens, and NE Georgia
- North Georgia CFOs
- Storey Consulting
Looking at Lifestyle
Known as the Gateway to Leisure Living, Cumming has a resort-style atmosphere with close proximity to downtown Atlanta, Lake Lanier, excellent dining, shopping, and parks. As an entrepreneur, enjoying the city you live in can provide a balance between work and play. Colleges that feed into the workforce in Cumming include:
- University of North Georgia
- Lanier Technical College
- Brenau University
- Gwinnett Technical
Understand the Workforce
Hiring educated professionals can help you create a stronger workforce. More than 25% of the workers in Cumming have a bachelor’s degree or better, and more than 75% have at least a high school diploma.
Quick-Start Checklist
Several area organizations assist new entrepreneurs with business start-up and development, including the University of Georgia Small Business Development Center, the Forsyth County branch of the Small Business Administration, and the Forsyth County Chamber of Commerce. They provide information on funding, business plans, and business formation, and a list of licensing requirements.
Logo design is also an important aspect of branding. Instead of hiring someone to create a logo for you, choose an online logo design maker to generate a creative logo for less.
Get Your Business Started in Cumming, Georgia
Cumming, Georgia is an economically prosperous city to live and start a new business. The numerous lifestyle attractions and growing neighborhoods make it an attractive place to build and market your brand. For more marketing information and assistance, be sure to contact Evans Design today at (678) 720-8480.
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Author: David Dixon