Bottom line

Local residents thinking about starting a business should be happy to know they are in one of the best places in the nation to do it.

Personal finance website WalletHub listed Augusta as the third-best U.S. city in which to start a business out of the 150 it analyzed.

The company said Augusta has the 19th-most industrial variety, the 16th-lowest corporate taxes, the 18th-most affordable real estate and the 20th-lowest average income.

All successful businesses have at least one thing in common: They all started small. It’s encouraging to know Augusta could be a prime place to make it big.