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5 Best, Worst States to Launch a Business

North Dakota is tops; New Jersey ranks lowest
By Jenn Gidman,  Newser Staff
Posted Jul 5, 2017 8:05 AM CDT
5 Best, Worst States to Launch a Business
Head to the heartland if you want to start a business.   (Getty Images/Georgijevic)

"Location, location, location" has become a mantra in real estate, but it's also applicable if you're thinking of starting up your own business. WalletHub takes a close look at the business environment, business costs, and access to resources in all 50 states, diving deep into 20 various metrics—including how affordable office space is and entrepreneurial potential—to see which states prove most alluring for those in a startup mindset. Heading toward America's heartland may not be a bad idea. The results:

Best states

  1. North Dakota
  2. Texas
  3. Utah
  4. Oklahoma
  5. Nebraska

Worst states

  1. New Jersey
  2. New Hampshire
  3. Maryland
  4. Rhode Island
  5. Hawaii
See where your state ranks here. (If you're a working mom, check out the best states for your prospects.)

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