Georgia is a great place to do business. Logistics, global access, quality of life and a talented workforce are just a few of the competitive advantages we offer. Simply put, our nationally touted business climate has what you need to succeed!
Georgia is the No. 1 state for business in 2014.
In Georgia, businesses have air access to 75 countries
and 150 U.S. cities.
Georgia has a top-ranked workforce training program.
These are just a few of the many reasons Georgia consistently ranks high as a place to live and do business. The more than 400 Fortune 500 firms with operations here and 700,000 incorporated businesses that call Georgia home can’t be wrong. See what these businesses have to say about Georgia, and then read on for more great reasons!
TOP 5 REASONS TO DO BUSINESS IN GEORGIA
- 1 GEORGIA IS A GREAT STATE FOR BUSINESS
Georgia consistently receives high marks for its business climate, with Site Selection magazine ranking Georgia No. 1 in 2013 and 2014. Georgia consistently stands out in life sciences, entrepreneurship and technology, earning countless accolades in the past few years.
It’s no surprise that 20 Fortune® 500 headquarters and 33 Fortune® 1000 companies call Georgia home. Georgia makes it easy for firms to grow while keeping costs low. Companies here enjoy a low corporate tax rate (6 percent) that applies to income earned in state. They can earn tax credits for creating jobs, upgrading or expanding, research and more, as well as tax exemptions for purchases and inventory. The state also has incentives to encourage the creation of small businesses and entrepreneurial ventures.
Georgia’s Department of Economic Development has on-staff experts in more than a dozen industries who can advise on expansion strategies and provide information on wages, tax breaks, incentives and business costs. Georgia’s Centers of Innovation provide growing companies access to university research, commercialization resources, matching grants and potential investors in six industry clusters. The state continues to aggressively pursue opportunities thanks to The Georgia Competitiveness Initiative, a business-government partnership developing a blueprint for 21st century growth.
- 2 FIRMS CAN REACH MARKETS AND CUSTOMERS MORE EFFICIENTLY IN GEORGIA
Georgia has the infrastructure to speed access to domestic and international markets. Atlanta’s Hartsfield-Jackson International Airport simplifies travel to more than 75 countries and 150 U.S. cities daily. Four major U.S. interstates allow you to reach 80 percent of U.S. markets in two days or less.
Georgia’s two deepwater ports, Savannah and Brunswick, serve all major ocean carriers and 100-plus trucking companies. The state’s extensive rail systems also integrate with Savannah, the largest intermodal hub in the Southeast.
- 3 GEORGIA IS HOME TO DIVERSE, WELL-EDUCATED WORKFORCE
Georgia values education. The state’s universities, colleges and technical colleges produce 50,000-plus future employees each year. Georgia’s university system is one of the largest in the U.S.; moreover, colleges and universities in the Atlanta region rank in the top 10 in enrollment, degrees conferred and 20 other measures of educational strength. The technical college system also offers Quick Start, one of the nation’s top-ranked workforce training programs.
Georgia has an abundance of high-quality, affordable labor. The state’s hourly manufacturing wage in 2010 was nearly 11 percent lower than the national average. As a right-to-work state, Georgia also has the second-lowest union membership rate in the U.S.
- 4 GEORGIA HAS A PRESENCE ACROSS THE GLOBE
Georgia welcomes international business. Enfinity Corporation, KIA Motors and Porsche Cars North America are among the more than 3,500 international firms that own and maintain facilities and offices in the state. And 65-plus nations operate consulates, trade offices and bi-national chambers of commerce in Georgia.
With offices located throughout Asia, Europe, the Middle East and the Americas, Georgia’s Department of Economic Development has relationships with corporate and government leaders around the world. Trade representatives can help companies build valuable partnerships to ensure companies succeed in a global marketplace.
- 5 GEORGIA IS A GREAT PLACE TO LIVE AND WORK
Georgia has a lifestyle and standard of living that’s hard to beat. Its low cost of living makes it very affordable for companies and their employees to relocate. Georgia’s relatively moderate climate – including its four well-defined seasons – is as diverse as its landscape.
Georgia offers something for everyone. Outdoor enthusiasts enjoy pristine beaches, wondrous forests, majestic mountains and magnificent rivers and streams. Sports fans support six professional sports franchises, as well as the University of Georgia, Georgia Tech and other school teams. Creative organizations comprise the state’s fifth-largest industry sector, and Georgia’s arts scene ranges from the comprehensive Woodruff Arts Center in Atlanta to award-winning regional theatre, museums and orchestras in communities throughout the state.