July 18, 2023

New Study Shows Florida as Best State for Small Businesses

A view of Pensacola, Florida at sunset

Starting a small business is a big job. But, if you’re looking to become a business owner, a new study says Florida is the place to do it.

A report by “Capital on Tap” ranks Florida as the number one state in the nation to start a small business. Florida’s 5.5% corporate tax rate and its top ranking for creating new jobs are some of the reasons it tops the list.

Research studies also say that not only are Floridians viable enough to employ staff, but the local businesses are benefitting the economy.