There are plenty of reasons why entrepreneurs love calling Tennessee home for their businesses. The primary reason why this is the case is the fact that the state and local government has made it easy for business owners to process their business licenses and registrations.
In addition, there are multiple large markets within the state that business investors can exploit. Memphis and Nashville are two of the US' largest cities and they are some of the top tourist destinations in the country. Therefore, there are plenty of opportunities for businesses to reach their target market.
Despite being big (size and economy wise), the cost of living in the cities of Tennessee are reasonable. In fact, the overall cost of living is among the best in the nation. The housing market, in particular, is affordable. The fact that there is plenty of construction being done in the state's major cities will only drive up more opportunities for businesses.
While the growth of Tennessee's economy isn't as rapid, it is stable and consistent. This gives entrepreneurs assurance that their investment will be secure given the economic conditions.
It is worth noting that despite the above benefits, there are some challenges present for business owners. These include high sales tax and a competitive labor market. 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 Tennessee. Like most of the states in the United States, driving without auto insurance is illegal in the state of Tennessee. If you're caught driving without insurance in Tennessee, you could be fined up to $300 and/or have your driver's license suspended. We're here to help you find affordable coverage the meets Tennessee's requirements. The contact nearest can give you various affordable quotes and rates from different insurance companies to compare, depending on your coverage needs. Don't jump on the first quote you get. It's always wise to review multiple quotes, so you can get a low cost policy with a cheap monthly premium. Take a look at the contacts below to find the right car insurance coverage for you. 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.
The state of Tennessee is located in the Southeastern region of the United States. The state is culturally, geographically, and legally divided into East, West, and Middle Tennessee. To the eastern part is the Appalachian Mountains while on its western border is the Mississippi River. Its capital and the largest city Nashville is also widely considered as the country music capital of the country. It's the home of the Country Music Hall of Fame.
The most visited national park in the country can also be found in Tennessee - The Great Smoky Mountains National Park., a.k.a., the "Smokies". It boasts a gorgeous natural beauty, plentiful first-rate attractions, and rich history.
Tennessee is also a huge sports state, as it's the home of four major franchises namely Tennessee Titans (NFL), Memphis Grizzlies (NBA), Nashville Predators (NHL), and Nashville SC (MLS), along with many college teams and teams in minor leagues and semi-professional leagues.
The service sector is the main driving force of the state's economy, along with agriculture. Tennessee is also one of the US' top manufacturers of consumer electronics, electronic appliances, and equipment.
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