These States Best for Small Businesses

States best for small businesses like this lemonade stand
States best for small businesses like this lemonade stand

As a result of the recession, many people have considered starting their own small businesses. According to the Small Business & Entrepreneurship Council, however, there is a huge difference among states in how easy it is to operate such a business successfully. Its new report, the Small Business Survival Index 2010, shows which states are best for small businesses.

The report grades states on a number of factors that affect small business success, including:

  • Taxes (Personal and corporate income tax, personal and corporate capital gains tax, property tax, sales tax, excise tax, death tax, fuel taxes, and others)

  • Workman's Compensation costs