Florida is a Great State If You Want to Do This
Florida is a great state in many ways. We have a great opportunities to do things outdoors, and it doesn’t get too cold here in the winter compared to other areas. But, as it turns out, Florida is an exceptionally great state if you want to do one particular thing.
Florida is a Great State If You Want to Do This Particular Thing
The experts at CNBC.com have a new story about about the top states for starting a business. As for methodology, they explain that, “to rank America’s Top States for Business in 2024, CNBC scored all 50 states on 128 metrics in 10 broad categories of competitiveness. Each category is weighted based on how frequently states use them as a selling point in economic development marketing materials.” By doing it this way, they made sure the study ranks “the states based on the attributes they use to sell themselves.” They also created specific criteria and metrics by working with a wide variety of business and policy experts, as well as the states. They point out that this isn’t an opinion survey. CNBC.com actually used data and research from various sources to measure the states’ performances. Using their methodology, states were able to earn a maximum of 2,500 points. The states that performed the best based on this criteria were named America’s Top States for Business. Looking at this study, CNBC.com included criteria such as infrastructure, workforce, economy, the cost of doing business, technology, innovation and business friendliness. So, the states with the highest total marks with all of these things combined came out on top of their tally.
So, what’s the best state in America to start a business? According to their research, it’s Virginia. The state got especially high marks when it came to the cost of doing business and technology and innovation. However, the state didn’t get high marks in every area. For example, they only got a three on infrastructure and five on business friendliness. No. 2 on the tally of the best states to start a business is North Carolina, followed by Texas, Georgia and Florida. It’s so great to see Florida No. 5 on the roster. So, if you want to start a business, just know Florida is a great state to do so. CNBC.com also listed the rest of the states and where they fall when it comes to ease of starting a new business. At the bottom of the pack is actually Hawaii, which is a bit surprising, since Hawaii often falls at the top of best-of lists. Also towards the bottom are Mississippi, Alaska, Louisiana and Montana.