Montana Ranks #1 for Starting a Small Business
Montana is the number one state for starting a small business, according to a recent ranking of states in The Blueprint. States were rated on a scale of one to ten on six factors ranging from taxes to consumer spending and business survival rates. Montana’s scorecard:
Overall score: 7.39
Tax climate: 6.23
Consumer spending: 4.93
Rate of new entrepreneurs: 9.21
Business survival rate: 8.55
Labor costs: 7.56
Climate: 9.37
The article notes that the state welcomes entrepreneurs and offers numerous resources to help new businesses get started. At Mission West, we can help with everything from a business plan to finding a location to getting a business loan. So if you’re thinking about starting up, give us a call. There’s no time like the present, and no better place than Montana.