Best US States to Start a Business In

Best US States to Start a Business In

Best and Worst States for Business
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The best states in the United States to start a business in is defined by their top level state income tax and number of Inc. 5000 companies in the state. Sitting at the top of the list is the State of Texas. This state has a 3.3% growth in GDP, 0.0% income tax rate and has over 389 Inc. 5000 companies operating from there.

Additional top states to start a business in are Utah, Georgia, New Hampshire, Oklahoma, and Idaho. All of these locations have promising GDP growth. However the worst states with highest state income tax levels are Hawaii at 11%, California at 10.55%, and Rhode Island at 9.9%. Many factors go into making a decision on the best place that will fit your individual business needs. However, this guide will provide you with some useful comparable data.

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Marc is the founder of Vision Launch Development Group. Vision Launch was created to inspire, empower, and promote social entrepreneurs – and be a vehicle for positive change in the world. Marc is strong proponent of individual freedom, freedom of speech, economic empowerment, open source and decentralized peer to peer solutions.