The team at LLC Attorney shows us where small business thrives with a map ranking each state by the number of new small businesses per capita. Many of the states on the list are sought after due to low business taxes. Wyoming offers the best tax incentives, so although a low population could present a challenge for finding customers, many people think the struggle is worth it and choose Wyoming as a base for their new small business.
When selecting a small business location, owners should consider who would be most interested in what they’re selling, how many workers they’ll need, how to stand out from competitors, and how they plan to market. These decisions could affect their choice of the best location for business.