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The 5 Best States to Start a Small Business in 2024 | Entrepreneur

by Riah Marton
in Innovation
The 5 Best States to Start a Small Business in 2024 | Entrepreneur
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Nearly two-thirds of Americans believe they have the requisite knowledge and experience to start a business, according to an annual report on entrepreneurship from Babson College.

If you’re one of the many eager to take the plunge into business ownership in 2024, there are a lot of factors to consider for success. But one of the very first and most important? That would be location.

It pays to be strategic about which state, city and neighborhood you opt to launch your venture, as it will determine the taxes, zoning laws and regulations that impact your business, per the U.S. Small Business Administration.



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Tags: BusinessBusiness IdeasBusiness PlansEntrepreneurEntrepreneursGrowing a BusinessLeadershiplivingPremiumSmallSmall BusinessesStartStarting a BusinessStates
Riah Marton

Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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