These Are the Best and Worst States to Start a Business in 2025, According to New Research

Is starting a business on your agenda in 2025? If you don’t want to launch one of the roughly 20% of businesses that fail within two years, you should consider all of the factors that make or break success.

And exactly where you start your business is one of the most essential pieces of the puzzle.

Related: Starting a Small Business? Here Are the States Where It’s Most Likely to Survive — and the Least.

Entrepreneurs who strategically choose their business’s state, city or neighborhood can benefit from different taxes, zoning regulations and licensing requirements, according to the U.S. Bureau of Labor Statistics (BLS).

A new study from WalletHub compared all 50

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