Doing business in the highly saturated Los Angeles area can be very intimidating for budding businesses. While there may be some debate about the business friendliness of California, that does not negate the fact that Los Angeles County alone is home to more than 244,000 businesses. And many of those businesses are located in the city of Torrance, which offers a convenient alternative to nearby LA.
If you’re looking to start or move your business to a quiet Torrance, CA office, here are a few things you should know about the business climate you are entering.
Diverse Business Thrives
LA County has more minority- and women-owned businesses than any other county in the nation. Torrance specifically has the second largest concentration of ethnic Japanese people of any U.S. city, after Honolulu. There is also a large Korean presence in Torrance as well.
The Japanese presence especially has drawn a wide range of business, including a Mitsuwa market and several other Japanese grocery stores, schools, banks, and hotels.
Local Businesses and Industries
There are a vast range of businesses in Torrance, CA. Some of the city’s top employers include Honda, Torrance Memorial Medical Center, Exxon, and many more.
The area is a major oil-producing region, and oil wells are everywhere. There is also a general aviation airport which handles approximately 175,000 annual take-offs and landings.
Torrance’s Sister City
Since 1973, Torrance has had a sister-city relationship with Kashiwa, Chiba, Japan. The Torrance Sister City Association facilitates programs to advance this relationship, such as a Japanese cultural festival, student exchange programs, and relationships between officials of the cities.
In an effort to make procedures and applications simpler, the city of Torrance has implemented new permit procedures and computerized permit tracking to assist the efficiency of obtaining and renewing business permits.
Torrance’s process for starting a business is laid out clearly on the city’s website. The first steps include verifying your correct zoning and the filing of your fictitious name statement.
Torrance is a great city for any business, and provides opportunities for growth and community connection. It is definitely a city worth considering for your business location, especially if you are searching for city with a hometown feel!