Texas Ranked #1 State For Women Entrepreneurs

FitSmallBusiness.com released their 2019 Top 10 States For Women Entrepreneurs and Texas came up with the top spot at #1.

The group attributes a fast-changing business environment for only 2 states returning from the 2018 list.

According to the site, the rankings are based on four criteria including, “general business climate/opportunity (25%), the number of female-owned business (25%), economic and financial health (25%), and safety and well-belling for women (25%)”.

The order of the top 10 states is as follows:

#1 Texas – “Business friendly, no corporate or income tax, high startup success rate, below average cost of living”
#2 Ohio – “fast-growing companies, very affordable cost of living, no corporate taxes”
#3 Minnesota – “high rate of startup growth, high number of SBA Women’s Business Centers and organizations like Women Entrepreneurs of Minnesota”
#4 Washington – “home to tech industry, no corporate taxes, high ranking for female economic well-being”
#5 Alabama – “low cost of living, beautiful beaches, below average cost of living, low taxes”
#6 North Carolina – “above average startup success, below average cost of living, low corporate tax of 3%”
#7 Massachusetts –  “above average startup success, numerous high growth businesses, educated work force”
#8 North Dakota – “top ranked for women’s safety and social support, low corporate tax of 4.31%, agriculture”
#9 Wisconsin – “opportunities for women in business, women’s economic health & well-being, lower than average cost of living”
#10 Georgia – “above average female business success, highest per-capita high-growth companies, business climate, below average cost of living”

Louisiana landed at #36 anchored by a last place ranking among all states in the “Health, Safety and Quality of Life” category.

Mississippi followed Louisiana and Kentucky at #38 with a poor ranking in the same category as well as a next-to-last-place score in the “Business Climate/Opportunity”.

Arkansas under-performed her southern neighbors with an overall ranking of #42, landing one spot above Louisiana for the same category as well as #45 for “Business Climate/Opportunity”.

The full list can be viewed by clicking the following link: Best States For Women

Interested in more news from Texas? We've got you covered! See More Texas News
Previous Article
Next Article

Trending on The Hayride

No trending posts were found.