When it comes to the costs, business environments and access to necessary resources, some states are more fertile grounds for starting a business. A credit score and personal finance company called WalletHub just released a report ranking states based on just those criteria.
WalletHub’s findings break down into a scoring of three categories: Business Environment, which includes areas like worker engagement, job and business growth and industry variety; Access to Resources, a category that encompasses access to financing, human capital and worker education; and Business Costs, including taxation, labor costs and rent. Each state was graded on accumulate scores of those criteria, with 100 as the best possible outcome. For a more detailed look at the methodology, check out WalletHub’s explanation here.