Los Angeles Business Information

The County of Los Angeles is the manufacturing, entertainment and international trade capital of United States. For a business-minded individual or an entrepreneur, it is one of the best places to run or start a business in the United States. Located in the state of California, the city has one of the most business-friendly environments in the country, and that explains why numerous tycoons and entrepreneurs move into the city on a yearly basis to start or expand their own businesses.

The city ranks among the largest economies of the world, with an output of $500 billion annually. The GDP of the city is larger than the entire GDP of Sweden, Switzerland and even Saudi Arabia. The city of Los Angeles has created numerous incentive programs that attract both small and large businesses. There are about 8 enterprise zones in the entire Los Angeles County that are charged lower taxes. 

The entertainment industry is particularly successful in the city. This is especially true for areas such as motion pictures, television and music. 

Apart from the entertainment industry, there are other businesses in the city making waves. These include technology, oil, tourism, fashion, aerospace engineering and real estate. Various companies have their headquarters in the city and popular examples are 20th Century Fox, Paramount Pictures and The Jim Henson Company. 

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