The 5 Best and 5 Worst Places to Run a Business

It’s no secret startups and businesses have a high failure rate. According to the U.S. Bureau of Labor Statistics, 20 percent of small businesses don’t last a year. Of those surviving, only 50 percent celebrate year five. According to the U.S. Bureau of Labor Statistics, 20 percent of small businesses close within a year and only 50 % survive up to 5 years.
However, despite all the hurdles business owners face, some states make it easier for small business owners to operate and profit. There are also states with higher tax rates and regulations which make it harder for small businesses to survive.  Based on USA Today’s report, here are the best and worst places in the U.S. to run a small business based on state policies, tax rates, infrastructure, annual GDP, business costs, and more. Learn more at: https://oppbusinessloans.com/