Expertise.com Study Shows Vermont is the Worst State to Start a Small Business in 2021

Share Article

New study reveals Vermont is the worst state to launch a business and is among the top 5 places with the worst new business environment

“Our research indicates that states like Vermont might not be ideal for a new business. Entrepreneurs should access this recent study to gain more insight on whether or not it makes sense to launch a business in Vermont,” says David Franklin, CEO Expertise.com.

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 for Americans 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.

Vermont earned the lowest overall score across the three categories assessed. The state has the highest business costs and one of the least favorable environments for new business. Vermont also has few available resources for entrepreneurs.

“Our research indicates that states like Vermont might not be ideal for a new business. Entrepreneurs should access this recent study to gain more insight on whether or not it makes sense to launch a business in Vermont,” says David Franklin, CEO Expertise.com.

Expertise.com evaluated all 50 states and calculated an overall score using a 10-point scale for each metric. The report features three subcategories with corresponding metrics, such as job growth, available loans, median hourly wage, and corporate taxes. 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/
###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Julia Morrissey