Utah is considered one of the most business-friendly states in the West, due to its low taxes, fast-growing economy, and support for startups and small businesses.
The US consistently ranks among the best countries to start a business, with 448,758 new small business applications in November 2024 alone.
Choosing a business's home base is crucial, as each state has its own laws and business environments, making the experience considerably different.
Analysts look at various factors like labor costs and tax treatments when ranking states for their business-friendliness, which can fluctuate yearly.
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