Albuquerque ranks among 10 best places for new small businesses

Albuquerque ranked No. 8 on LendingTree’s list of the best cities for new small businesses released Feb. 27. The rankings were based on self-reported data from new small businesses in the 50 most populous metropolitan statistical areas, according to the U.S. Census Bureau. Rankings were based on profitability and annual revenue. Researchers scaled the two factors to 100, added them and divided by two, for a highest possible score of 100 and a lowest possible score of zero.