It seems like just yesterday that I talked about Utah being named the best place to do business by Forbes. Here we are again to celebrate Utah receiving this honor for the third year in a row! Since Fishbowl is headquartered in this state and doesn’t have any plans for moving, this reflects well on our company’s future.
How Utah Won
A Forbes article breaks down the factors that gave Utah an advantage over every other state:- Utah’s population has the youngest average age in the country at just 29
- A third of the state’s workers are fluent in at least two languages
- Utah’s international trade continues to rise each year
- Adobe, eBay, Goldman Sachs, Oracle, and Procter & Gamble have all moved some of their operations to Utah
- The state’s regulations and legal structure are the third best in the country for business
- Energy costs are much lower than the national average