The best and worst US states to start a business
Texas is the best state to start your own business and Hawaii is the worst, according to a study from WalletHub. The personal finance site analyzed data from a variety of sources — including the U.S. Department of Labor and Statistics, the U.S. Census Bureau — and found that the top five states to start a business were Texas, Utah, Georgia, Montana, and Oklahoma. The bottom five were Pennsylvania, Vermont, Rhode Island, New Hampshire, and Hawaii. (Graphic: David Foster/Yahoo Finance) More The study factored in the business environment, access to resources, and business costs as part of their findings. It also considered aspects including educated populations, total spending incentives as a percentage of GDP, and the availability of human capital. North Dakota (#7) and Utah (#2) are the top states for highest average growth in the number of small businesses and most accessible financing. Alaska (#36) is the top state for the highest availability o...
