The 20 Best And Worst States In America To Start A Business, 2019

As it turns out, Texas is the best state in America to start your own business, and Rhode Island is the worst, according to a new study. The top five states in America to start a business were Texas, Utah, Georgia, North Dakota, and Oklahoma. Florida, Arizona, California, Montana, and Colorado rounded up the top 10 best U.S. states to start a business, in 2019.

Comparing all 50 U.S. states in terms of average growth in the number of small businesses, office-space affordability, cost of living, labor costs, personal finance site WalletHub set out to find why states in America were more nurturing environments for small businesses.

The bottom five were Rhode Island, New Jersey, New Hampshire, Hawaii, and Connecticut. It’s true what they say– location is everything.

The 20 best states in America to start a new business, 2019

1. Texas
2. Utah
3. Georgia
4. North Dakota
5. Oklahoma
6. Florida
7. Arizona
8. California
9. Montana
10. Colorado
11. Idaho
12. Washington
13. Mississippi
14. North Carolina
15. Louisiana
16. Kansas
17. Minnesota
18. Michigan
19. Nebraska
20. Tennessee

The 20 worst states in America to start a new business, 2019

1. Rhode Island
2. New Jersey
3. New Hampshire
4. Hawaii
5. Connecticut
6. Pennsylvania
7. Delaware
8. Vermont
9. New York
10. West Virginia
11. Maryland
12. Virginia
13. South Carolina
14. Iowa
15. Massachusetts
16. Illinois
17. Ohio
18. Wyoming
19. Missouri
20. Arkansas

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This report/news/ranking/statistics has been prepared only for general guidance on matters of interest and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, CEOWORLD magazine does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.

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