The United States of America is one of the strongest and most diverse economies in the world. From New York, the financial powerhouse, to San Francisco’s world leading technology sector or Houston, famed for its oil and energy sector, the US offers a dazzling level of choice.
The USA’s diversity contributes to its popularity with entrepreneurs hoping to start new businesses. According to SBA estimates, more than 627,000 new businesses open each year, with start-up venture funding in 2015 the highest it has been since 2000.
Other key cities for business include Miami, boasting a strong international business community and the largest concentration of international banks in the country; San Francisco with a thriving tech start-up environment; and Washington D.C., home to a number of Fortune 500 companies and the heart of US politics.
The US economy is still the world’s largest – with GDP being more than $17 trillion. And, despite a dip in the country’s economic growth at the beginning of 2015, the GDP is now expected to rise. The US dollar remains the world’s currency reserve, with a market share of 60% of global investments.
For companies looking to set up in the States, businesses often have easy access to credit, as well as government support for the corporate sector, making starting a business in the US easier than in many other countries.
For more information on the best place to set up your business in the USA, contact one of our specialist local consultants.
The availability and price of office space in the USA varies greatly depending on the city. In our latest Flexible Workspace Review, we found a competitive market for office space in key cities such as New York.
Because of its prestigious location, Manhattan is one of the world’s most expensive locations in which to secure office space, with NYC’s financial district being among the most expensive areas of Manhattan. This being said, rates for office space in the district have stabilised during 2015. The high demand for space in New York has seen an increase in the amount of sub-let offices available on the market.Other cities in the country are also becoming an increasingly popular choice for both national and international businesses. San Diego is one of the fastest growing cities in the USA. It is now considered one of the top markets for commercial office space in the country, with a reputation as a hub for start-ups. Boston’s serviced office market is also expected to grow in both centre expansion and serviced office demand in the coming years as more businesses seek out affordable, flexible solutions.
Balancing affordability and the value of a prestigious location is vital for growing your business in America, and it’s advisable to seek out guidance when looking for the best office space to suit your company. Contact us now, or begin your search below.
Dominic needed to source a suitable office for his start-up in Marylebone (London, UK) that could accommodate his 4 employees as well as cater for any growth in the future.
Lucy helped him secure an ideal space within two weeks, on a 12-month flexible term, in a location perfect for his business.
To find your ideal office, our workspace specialists will undertake extensive searches with a network of trusted office providers (inc. landlords and commercial property agents). We share your enquiry details with them in order to locate the ideal space for you. A member of the Instant team or service office provider will be in touch with you by phone or email, shortly to discuss your requirements.
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