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Startups may prosper in San Fran, Boston

Boston is well-known for being a top place for startups to set up shop.

Boston is well-known for being a top place for startups to set up shop.

Whether it's a bakery or a data firm, people all over the country have the inklings to open up their own businesses. However, due to various factors, such as population and taxes, where to pack moving boxes and begin a startup is often the most difficult choice for would-be entrepreneurs.

To identify what areas of the nation may be ideal for certain business-minded folks to start their own companies, they may want to consider two of the notable top markets that have proven to be quality cities for new companies off the ground - and running strong.

San Francisco
It's widely known that the City by The Bay is a hot spot for techies to begin companies. With Silicon Valley producing a significant number of success stories for entrepreneurs in the technology sector, it's little wonder as to why many college grads from schools like Stanford head to San Fran to set up shop. While it's unlikely all companies will see the success of the likes of Apple, Google and Yahoo - all of whom have centers of operation in the city - chances of success are likely better than many other metros nationwide for successful tech ventures.

With Harvard and MIT in the Boston metro area, graduates with a a hankering to begin startups of just about any kind would be wise to make Beantown their new hometown. Not only is the city a burgeoning one in terms of the technology industry, but many widely acclaimed restaurants and medical practices have been set up there as well. Some experts, including those at Startup Genome, have noted Boston even has a leg up on Silicon Valley startups in some facets, including easier ways to secure funding for various startups in certain industries.