Tuesday, February 7, 2023

Florida State, One Of The Best To Build A Business In 2023: Low Taxes Help

With growing rumors of a possible economic recession in the United States during 2023, investors are moving their money to some of the states that generate the highest dividends.

,See Also: Everything You Need to Know to Get a Work Visa and Work Legally in the United States,

taking advantage of the fact that there are states in which rental prices began to fall, there are more Entrepreneurs who are encouraged to relocate their operations to cities such as Miami and Orlando.

Florida is the second best state to start a business in 2023

According to a report by WalletHub, a website specializing in personal finance1 out of 5 new businesses fail after their first year and half of those are no longer open after five years.

Based on that revelation, the platform rated the most favorable states for startups after adversities like the COVID-19 pandemic and the like. Rising cost due to inflation.

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The study used 27 metrics focused on three main areas: Business environment, access to resources and business costs, Thus, a score from zero to 100 was calculated, with 100 denoting the most favorable conditions for starting a business.

Under that premise, Utah came in first with a score of 59.21, while Florida has the best business climate in the United States. But he placed second. Here are the first 10 places:

  1. Utah
  2. Florida
  3. Texas
  4. Colorado
  5. Idaho
  6. Georgia
  7. Arizona
  8. Nevada
  9. oklahoma
  10. California

The state of Florida offers many perks for businesses and does not impose a state tax.A point that makes it even more attractive to investors from many countries around the world.

Nation World News Desk
Nation World News Deskhttps://nationworldnews.com
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