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The first question you’ll be asked when you mention you’re looking to start a business is usually the following:
“Wow, interesting! What is your business going to do? What are you going to sell?”
“We have a group of silverback gorillas who try to replicate famous paintings. It’s going to be great!”
In the list of W’s and one H, “what” is always asked first. Then you may get a “when is your business going to open” or “why are you choosing this business”. You will rarely get a “where is your business going to open and operate”.
That’s usually because people assume you’re going to start your business where you are right now, and it makes sense. Moving across the country to start a business may be tough but it’s worth looking into.
There are definitely some states better suited for entrepreneurs and we run through that list below.
Missouri
Why not start your business where Lewis and Clark started their great expedition? Missouri is a fantastic state to start a business because of its high growth and business survivability rate.
It also has a low cost of living, ranked fourth in the country by the World Population Review. The state also boasts a low unemployment rate of just 3%, meaning you’ll be able to find the right talent for any people you need to hire.
The Show Me State is already home to a large number of small business owners and entrepreneurs so you’ll be able to find an ideal network and support system while opening up your business.
Alaska
Let’s head up to the country’s most northern state and check out Alaska. Home to Denali State Park, Mount McKinley, and the Iditarod Dog Race, Alaska is already an outdoor lover’s dream.
It’s a dream for business owners too wh… Read More
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