Expertise.com Ranks California #1 Among States With Most Available Resources for Small Businesses in 2021

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New study reveals best and worst states to start a small business and names California as top pick for loan availability and human capital

“Gaining access to loans and working capital is critical for any small business,” says David Franklin, CEO Expertise.com. “California has some major advantages for new businesses, and our latest study can help entrepreneurs make informed decisions about where to start a business.”

Expertise.com, a top resource for online reviews and the best local experts, has published findings from a recent study on the best and worst states to start a small business in 2021. Researchers applied a comprehensive methodology using 24 business-focused metrics. The report offers total scores for each state and rankings based on new business environment, available resources, and business costs.

California earned the top spot for having the most available resources for starting a small business, including loan availability, share of college-educated population, number of higher education institutions, and more. California has the largest number of small businesses, and the state ranked second overall for having an ideal new business environment. Notably, California ranked in the bottom 5 for costs being one of the most expensive states to run a small business.

“Gaining access to loans and working capital is critical for any small business,” says David Franklin, CEO Expertise.com. “California has some major advantages for new businesses, and our latest study can help entrepreneurs make informed decisions about where to start a business.”

Expertise.com evaluated all 50 states and calculated an overall score using a 10-point scale for each metric. To view the complete list of best and worst states for starting a small business in 2021, visit: https://www.expertise.com/research/best-and-worst-states-for-starting-a-small-business-in-2021

ABOUT EXPERTISE.COM
Expertise.com identifies leading service professionals in over 200 industries across the top cities in the United States. The company provides authentic online reviews of service providers via a selection process that includes in-depth research, detailed comparisons, customer feedback, and mystery shopping. Expertise.com is based in Los Angeles, California, and backed by a team of marketing, research, and content development experts. To learn more, visit https://www.expertise.com/
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Julia Morrissey