[Report] The Best States To Start A Small Business: 2020-2021

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The GoCardless content team comprises a group of subject-matter experts in multiple fields from across GoCardless. The authors and reviewers work in the sales, marketing, legal, and finance departments. All have in-depth knowledge and experience in various aspects of payment scheme technology and the operating rules applicable to each. The team holds expertise in the well-established payment schemes such as UK Direct Debit, the European SEPA scheme, and the US ACH scheme, as well as in schemes operating in Scandinavia, Australia, and New Zealand. See full bio

Last editedDec 20201 min read

Which are the best states in the US to own a small business?

Where you choose to found your business is one such factor. And in the US, different states can provide significantly different environments for business success.

More than 90% of businesses in the US are small and medium-sized (Salesforce, 2019). With small businesses so prevalent, and a key driver of the US economy, enabling them - with data - to make better decisions is important to us here at GoCardless.

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The Best States To Start A Small Business: 2020-2021 report

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This report collates and analyzes 12 key, publicly-available data streams - from authoritative bodies such as the Small Business Administration and the Bureau of Economic Analysis - to rank all 50 states (and the District of Columbia) in terms of how favorable they are for small business owners.