Starting a new business or expanding an existing one in Washington is a smart decision. There are plenty of opportunities available in the state that new business owners and investors should take advantage of.
The state's stable and strong economy tops the list of reasons why Washington is a good destination for a new business. It is the 12 th largest economy in the US with a GDP of $563 Billion. Its GDP growth rate of 5.7% has outpaced that of the national average (only 2.9%).
The extremely healthy economy in the Evergreen state is not the only reason why it is a great destination for new businesses. It also comes with a booming tech industry, particularly in the city of Seattle. This is good news to entrepreneurs who will greatly benefit from the growth of the tech industry. As the industry grows, there will be more employment opportunities. As the residents' income increases, there will be more disposable income for them to use.
There is also no shortage of accelerators and development centers designed for entrepreneurs. These efforts aim to provide mentorship to new business owners, as well as link to potential investors.
All of the above-mentioned benefits are punctuated with desirable taxes and state regulations concerning new business processes. 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 Washington. With its varying climates and terrain, auto insurance rates in the state of Washington vary greatly based on your location. For that reason, it's important to compare quotes from multiple insurance companies that operate in the state of Washington. The below contacts can assist you when it comes to finding a low cost policy that adheres to Washington's requirements. Whether you're a new driver or just searching for cheap monthly premiums, we're glad to be a resource for you. Find the contact closest to you to start searching for affordable car insurance in Washington. 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.
Washington is located in the Pacific Northwest region of the United States. Nicknamed "The Evergreen State" for its abundant evergreen forest, and named after the country's first president, the state of Washington is one of the most socially liberal and wealthiest states in the US today. It ranks high among the lowest unemployment rate and best for life expectancy.
The city of Olympia is the capital, while the largest and most populous city is Seattle. Around 60% of the state's residents reside in the Seattle metropolitan area.
The natural world seems to be bigger in the state of Washington. The lush green landscape of the Hoh Rain Forest and the gorgeous backdrop of Mt. Rainier in the horizon and lively cities make this state as one of the most livable states in the country. The Olympic National Park boasts breathtaking scenery with its glaciered mountain tops and ocean beaches. Another must-see iconic attraction is the Space Needle of Seattle Center.
The state's economy is one of the strongest in the country, thanks to giant aircraft, and automotive companies, computer software development companies, electronic communication, and biotech companies that base their operation in the state.
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