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5 Best Metro Cities For Women Owned Businesses -- Three are in Tennessee

More than 9.4 million women-owned businesses currently operate in the United States, according to a recent American Express report. This represents about one-third of all privately owned businesses. Altogether, women-owned businesses generate revenues of more than $1.5 billion, and they are growing 50 percent faster than the average business in the U.S.

Top 5 metro cities

Financial online site WalletHub recently reported the top 5 best metro cities for women-owned businesses. They are:

  1. Nashville, TN
  2. Chattanooga, TN
  3. Columbus, OH
  4. Memphis, TN
  5. Milwaukee, WI

3 are in Tennessee

Factors considered in the rankings included friendliest to women, revenue growth and the number of women-owned business centers. At the opposite end, the worst cities for women-owned businesses included Greenville, South Carolina, Ventura, California, and at the very bottom, San Jose, California, according to the study.

Although women across the country are doing very well as business owners, the top 5 metro cities are considered especially female friendly. These and other cities have strong support from city small business departments and mentoring programs that help women become successful business owners.