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where is a good place in new orleans to start a business?

i need info on the population and economy

2 Answers

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  • Anonymous
    10 years ago
    Favorite Answer

    New Orleans is the best place to start a business right now. The economy here was not hit hard here and people are starting businesses left and right here. Our population is growing every year. In 2010 our population was 343829 and growing.

    Depending on what business you are starting of you want retail uptown area is a good place for shopping and so is the quarter. Restaurants are pretty much do well everywhere as long it is not in a bad neighborhood.

  • Anonymous
    10 years ago

    Well, I think New Orleans is a fantastic place for startups, and the city as you know has reinvented itself post Katrina, but some incredible things have happened and that starts with the people that have moved to New Orleans since Katrina. Startups can be anywhere and obviously we recognize that we're not Silicon Valley or New York, but I think that the virtualization of business as a whole is really benefiting us down here. And so, people can choose to be here because of the quality of life and, significantly, the lower cost of living.

    You can build a business for much less down here. So that's an important factor too. Finally, I'd say that one of the things that has been very significant down here is the organizational and governmental support for the startup community. The state government has a number of tax credit programs. They're geared at digital media and specifically modeled after one in the film industry. Six years ago they launched this, a 25% tax credit on money you spend in Louisiana. It vaulted Louisiana to the third largest production in the country after New York and California.

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