There are over 1 million small businesses that operate in the state of Georgia, according to the SBA . In fact, these small businesses comprise more than 99% of the business industry in the state. It is also a crucial source of employment opportunities with more than 1.6 million people working for small businesses (or equivalent to 46% of employment in Georgia).
It is undeniable that the business industry is the backbone of the state's economy. It is home to many giant businesses like Home Depot, Coca-Cola, and media giants like CNN. The entrepreneurial community is definitely a thriving one in the state with a tech industry and startup scene that is continually on the rise.
The national average growth rate for GDP is at 2.9% and Georgia has recorded a growth rate of 2.6% since 2018. The business-friendly climate is part of the reason why businesses thrive in the state. There are many supportive communities, as well as programs from the government that benefit small to mid-size businesses.
In addition to that, the varied geography enables all kinds of businesses to flourish. The state has a good mix of urban and rural environment that opens up all kinds of lifestyle and business opportunities. For business insurance related info please refer to our more in depth article.
At the request of our visitors we've included the below local insurance contacts for most cities in Georgia. Whether you're driving down the bustling streets of Atlanta or along Coastal Highway 17, it's imperative that you have auto insurance that covers both bodily injury and property damage liability. At the end of the day, accidents are always a possibility, and your personal protection is the top priority. Thankfully, many insurance companies offer low cost coverage options at competitive rates. The amount you pay depends on your driving record, age, location within the state, and various other factors. For drivers with a spotless driving record, coverage tends to be relatively cheap. With our help, you can compare quotes and find affordable coverage for your car. For additional information on traffic laws or driving schools please navigate to your respective state using the map. And for manufactured home insurance, please refer to the respective article.
Georgia is among the states that were part of the original colonies in the US. The rich history of the state makes it one of the most interesting places to visit for tourists. In fact, the main airport in Atlanta - the Hartsfield-Jackson Atlanta International Airport - is one of the world's busiest. It is also one of the most populated states in the US with more than 10 million residents.
As one of the Southern states, Georgia has a thriving economy with a GDP of $626 Billion. This is where major companies are headquartered including Delta Airlines, Coca-Cola, UPS, and Home Depot.
The startup scene in Atlanta, the city's capital, is fueled by the presence of the Georgia Institute of Technology. Therefore, many economic analysts consider it as one of the best states to start a business in. For those planning to invest in a startup or business, the top industries in the state are machinery, electrical equipment manufacturing, leisure and hospitality, and education.
The city's capital is a sprawling metropolis with a busy public transportation system and vast amount of government projects.
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