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Minnetonka is a suburban city located in the Hennepin County, eight miles west of Minneapolis. It is one of the best places in the state to look for a job or start a business with its robust roster of big corporations and small businesses. The city also boasts of a low unemployment rate of 4.3 percent.
The top industries in Minnetonka are retail and wholesale trade, health care, and travel, hospitality, and tourism. Minnetonka is home to industry giants such as Cargill, an international food conglomerate ranked by Forbes as “the single largest private company in the U.S.” The UnitedHealth Group, a preeminent healthcare organization ranked six in the Fortune 500 list, is also headquartered in Minnetonka. Other distinguished companies providing employment and business opportunities in the city include SuperValu, St. Jude Medical, and Carlson.
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In addition to these corporations, Minnetonka also houses a significant number of small businesses. There are over 200,000 small businesses in the city, which indicates a lively entrepreneurship environment in the community. According to personal finance website NerdWallet.com, the city of Minnetonka has the fourth highest rate of businesses per 100 people in the state of Minnesota.
The city of Minnetonka offers plenty of opportunities for both job seekers and entrepreneurs. Its proximity to downtown Minneapolis is also a great advantage for the thriving suburban city.
Read more about the city of Minnetonka by following this Facebook page for Steve Liefschultz, Equity Bank, chairman and CEO. Equity Bank is a finance company specializing in investment lines of credit and real estate loans in Claremont and Minnetonka in Minnesota.