All States are Not Equal when Starting a Business

Many states in the U.S. really want you to start a business within their borders.  Multiple reasons are cited including: jobs, financial boon, taxes, and a cascade effect for more business start ups.  Recently, the governor of Texas made trip to Illinois and spoke at a business conference to try to lure Illinois business to Texas (1).

What about other states?  Does a difference really exist between states?

According to a recent article on Entrenpreneur.com, 10 states rate above all others for entrepreneurship and innovation.  Leading the pack are Maryland and Colorado followed by Virginia and Utah.  The article, based on a study by the US Chamber of Commerce, looked at the number of high-tech businesses in the state, programs that support entrepreneurs, and STEM (science, technology, engineering and mathematics) job concentration. Each state that made the list has something unique to offer resident entrepreneurs.

This study and article examined mostly high-tech business, but these states are obviously fertile ground for starting various kinds of businesses.  Start up business needs support services too – from coffee shops to restaurants to packing and shipping operations, and that makes this list all the more valuable and interesting.

The full Entrenpreneur article is here: http://www.entrepreneur.com/article/226521

8-03-2

By Dion D. Shaw

Dion D. Shaw is the founder and owner of Homepreneurs

Homepreneurs.  New Day.  New Opportunity.

Disclaimer

Homepreneurs does not endorse nor have any relationships with any of the services listed.  Homepreneurs receives no compensation or consideration for its suggestions or recommendations.  Homepreneurs strongly urges all interested parties to conduct research and accepts no responsibility for any losses incurred.

© Homepreneurs 2010 – 2013, All Rights Reserved

Reference

(1) http://www.suntimes.com/news/metro/19672012-418/mayor-announces-plans-for-a-bioscience-and-pharmaceutical-center.html

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