District Of Columbia Franchises For Sale
Our nation's capital may be less than 69 square miles, but it is packed with possibilities for entrepreneurs. With more than 15 universities, Washington, D.C. is becoming an innovation hub, with many opportunities for small business. What's more, if DC were a state, it would have one of the lowest property tax rates with an average rate of less than 1%. [source]
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Facts About District Of Columbia
| Capital: | N/A |
| Year of Statehood: | 1790 |
| Largest Cities: | Justice to All |
| Motto: | The Nation's Capital |
| Nickname: | A Capital Place for Commerce |
A Capital Place for Commerce
- About 35% of Washington DC's residents are millennials, or members of Generation Y.
- According to the spring 2017 Bank of America Small Business Owner Report, more than two-thirds of small business owners in DC plan to grow their business over the next five years.
- A Bank of America report found that 65% of DC small business owners forecast their revenue will increase over the next year.
- 80% of DC entrepreneurs rate their level of enjoyment with running their business high,
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