Business

Georgia Named Third Best State For Starting a Business

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Research by financial advisory company WalletHub shows that Georgia has the third best environment for entrepreneurship in the U.S.

Drawing on a wide variety of governmental, independent, and finance-oriented sources, WalletHub found that Georgia was not outstanding in any particular area, but that taken as a whole the business development climate in Georgia is ripe for startup success.

Here’s how Georgia scored in individual areas:

Starting a Business in Georgia (1=Best; 25=Avg.):

14th – Avg. Growth in Number of Small Businesses
25th – Office-Space Affordability
20th – Labor Costs
28th – Availability of Human Capital
11th – Avg. Length of Work Week (in Hours)
9th – Cost of Living
29th – Industry Variety

The full report is available online here:

https://wallethub.com/edu/best-states-to-start-a-business/36934/