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Post by prantogomes141 on Feb 14, 2024 4:15:18 GMT
The United States Small Business Friendliness Survey examines how states and cities throughout the U.S. receive small businesses. From 2012 through 2021, the survey examined key components like overall friendliness, ease of hiring, regulations, tax code and training programs in each state. How does Texas fare for overall state friendliness? Texas received a B in 2021, making it the first year to receive a grade below A. However, the state received an A grade for ease of starting a business; regulations; employment. There isn’t a guarantee of success for anyone who starts a business, in Texas or elsewhere. The best way to Algeria Telemarketing Data succeed is to plan and prepare — and that’s true for any business that wishes to get off the ground. [Read more about starting a business from home.] Did You Know? About 43% of Texas businesses are owned by women, according to the U.S. Small Business Administration. More great states for starting a business These states may rank below Texas in the WalletHub report, but they still score highly in other categories. Here are a few competitive states that mirror Texas’s way of encouraging the survival of small businesses. Georgia The Peach State ranked first in the lineup for its business environment in WalletHub’s study. Although it has a high tax rate, the state makes up for it with a low cost of living, making Georgia one of the top affordable states with helpful startup incentives. According to the Georgia Department of Economic Development, expansion and new businesses in Georgia accounted for more than $21 billion in investments and created over 51,000 jobs in the last year.
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