Invoicing company ranks Las Vegas among America’s high achievers

Small business buzzed in Southern Nevada in 2015, Invoice2go said. The mobile invoicing company ranked Las Vegas 14th among America's Highest Achievers, its list of the top 25 U.S. cities for small businesses.

Invoice2go's invoicing app lets small-businesses people send invoices from their smartphones. In a statement, the Redwood City, Calif., company said it analyzed data from more than 23,000 U.S. small and microbusinesses, defined as companies with five or fewer workers, to determine which cities are the most lucrative based on the average monthly amounts invoiced per business from January to December 2015.

Seattle ranked first on the Highest Achievers list; its small businesses invoiced a monthly average of $179,905. San Francisco (average monthly invoicing of $146,349) and New Orleans (average monthly invoicing of $142,556) followed in second and third place, respectively.

Las Vegas' small businesses invoiced a monthly average of $112,222, Invoice2go said.

"An incredibly diverse cross section of America's smallest business owners, from electricians and landscapers to creative freelancers, use Invoice2go to bill their customers and get paid every day. By analyzing that collective activity, we get unique insight into a hard to measure, yet critical subset of the U.S. economy," Invoice2go CEO Greg Waldorf said in the statement. "The media constantly paints small-business owners, particularly the self-employed, as a vulnerable group in need of stronger protection. That sentiment fails to recognize that these business owners are strong, ambitious, and carving out their own success."

Salt Lake City ($120,289 in average monthly invoicing) was 12th on the Highest Achievers list; Los Angeles ($100,422) was 18th, San Diego ($84,962) was 24th and Phoenix ($82,104) was 25th.

Invoice2go said 200,000 small businesses worldwide use its app, which works on the Apple Watch and smartphones, to send more than $1 billion dollars in invoicing every month.

The company said a recent survey found that 86 percent of small businesses using its app expect to expand their businesses in 2016. The majority of users forecasting growth cited the acceptance of credit and debit card payments as a key driver for success, the company said.

Invoice2go, based in Sydney and started in 2002 by Australian Chris Strode, competes with Square, PayPal, QuickBooks, and FreshBooks.

Follow Matthew Crowley on Twitter @copyjockey