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It takes a special someone to dive into the world of startup businesses. In addition to having a strong vision for your dream company, you’ve got to be willing to take a risk. You’ll almost certainly need some saved capital and a good sense of how to delve into the world of juggling your own finances. And don’t forget the joy of dealing with the taxman.
Still ready to take the plunge? You can launch a startup almost anywhere — just ask Mark Zuckerberg, who legend says built Facebook in his Harvard dorm room. But it’s true that certain states are more friendly to startup businesses. To determine which ones, using data from PricewaterhouseCoopers’ Q2 2018 MoneyTree Report and The Kauffman Index, a leading indicator of U.S. business creation. Zippia ranked states by criteria found in the reports, including the number of deals done to fund startup businesses, deals done per capita and startup funding per capita.
Here are the top 10 startup-friendly states, starting with No. 10. For more good locations for entrepreneurs, check out 25 best U.S. cities to be your own boss.