The Unstoppable City. Here in Memphis, we don’t just talk about changing the world, we do it every day. We keep commerce moving forward while staying firmly rooted in our values. We’re cutting-edge, with a rich soul that shines through in everything we do.

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Why Memphis?

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Memphis is a place of bustling business growth, friendly people and distinctive culture. With our big-city setting and small-town soul, this iconic city offers an experience like no other.

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Memphis is often referred to as Northern America’s Logistics Center. Our city is centrally located, with a transportation infrastructure that makes it a prime location for business development and redevelopment.

 

Memphis sets the stage for virtuosos, innovators, movers, shakers and taste-makers. We’re a community of artisans always on the frontier of new ideas.

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Memphis is Growing

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According to recent projections, the Memphis metro area is expected to grow at an unprecedented rate of 1.3 percent between 2017 and 2020, welcoming an estimated 17,000 residents. A long outlook from the present year through 2040 suggests the arrival of an additional 50,000 residents at a growth rate of 3.9 percent, which will push the local population to over 1.4 million.

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What makes Memphis so great for business growth?

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Built on innovation and creativity, our city is the ideal place to bring a new business to life or light a fire in the soul of the business you already own.

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Memphis offers:

• Low tax rates and business-friendly regulations

• Affordable real estate for offices and homes

• A diverse economy with opportunities for niche enterprises to blossom
   

Plus, our city boasts some of the most determined and passionate workers around. Living in this innovative culture will allow you to do your work your way.

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A Major Hub for International Commerce

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Thanks to travel options across multiple platforms, Memphis logistics and distribution workers can power your business growth anywhere in the world. Packages are easily transported from Memphis to anywhere in the United States within a single day, making it the ideal base for medical manufacturers that transport products to hospitals. The Memphis metro area is the headquarters of several corporations including International Paper, FedEx, AutoZone and ServiceMaster.

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Memphis offers major transportation routes via:

• Ground networks (on roads and by train)

• Air travel

• River
   

With so many transportation options, your products can travel domestically or worldwide with ease. Our Memphis infrastructure has attracted such major corporations as Target and Nike, which opened some of their largest distribution centers right here in Memphis.

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Moreover, our city’s strong B2B culture facilitates the formation of tight-knit connections with all sorts of partners, suppliers and customers.

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Finding Work

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Thanks to continued business growth and success in Memphis, there’s high demand for skilled work that is only expected to grow in the coming years.

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• With nearly 30 colleges and universities in the Memphis area, it’s easy to gain the training and skills you need to apply to major corporations with headquarters or branches in Memphis.

• Jobs in industrial machinery mechanics and computer user support are expected to rise by as much as 7.7 percent by 2021.
   

A Great Place to Live and Grow a Family

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Despite its big-city setting, Memphis has the hospitality and charm of a small town, offering the perfect mix of an exciting and energetic atmosphere combined with an honest and neighborly spirit.

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A perfect environment for family life, Memphis features:

• A wide variety of neighborhoods, schools and healthcare options to help your family stay safe and healthy while truly feeling at home

• An affordable cost of living, ensuring you’ll never have to worry about being able to live comfortably

• A moderate and stable climate that allows you to enjoy the outdoors all year round

• Easy access to the rest of the world, thanks to its status as a hub for personal and business travel alike

More About Growing Your Business in Memphis...

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As you can see, Memphis means business. We’ve clearly emerged as a community that is willing to invest in the people and places that make a city good for business–because business is good for the city.

If you’re looking for a place to start and grow a business, take a long look at Memphis. Here are a few places to start finding YOUR opportunity for Memphis business growth. Learn more about why Memphis is perfect for entrepreneurs here.​​

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