LendEDU recently released a study ranking the best places in Alabama to start a small business, and Red Bay ranked in the top 25!
Using licensed data, each city and town in Alabama was judged on a few parameters deemed important for starting a small business such as the cost of general expenses, disposable income available to residents, and population during standard business hours.
And, Red Bay ranked #25 out of 100 ranked cities and communities, making it one of the best places in the entire state of Alabama to start a small business.
The full report and methodology can be found here: https://lendedu.com/blog/best-
When people are considering opening their own small business in Alabama, LendEDU thinks Red Bay should be one of the first places they consider. We agree; Red Bay is “Open for Business” and we invite anyone who is interested is starting or growing their business or industry to come see what makes our city such a great place to build your future.
Last modified: June 26, 2017