Survey: Florida is best state for startups

The state edged out Texas in a recent study.

  • By Business Observer Staff
  • | 5:00 a.m. March 26, 2023
  • | 0 Free Articles Remaining!
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Florida cleaned up in a new study as the best state to start a small business. 

The study, from Capital on Tap, a business credit card company, looked at eight factors: 

  • Number of entrepreneurs
  • Number of jobs created by startups 
  • Firm survival rates
  • Number of new employer business
  • New employers
  • Corporate tax rate
  • Labor costs/median wage
  • Average small business loan per employee

 

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