A CNBC analysis that examined 88 variables across 10 major categories has found out which US states are the best to do business in, with North Carolina topping the ranking.
Although the United States is frequently cited as one of the best countries to launch a business, the ease of doing business varies from state to state. Starting a business involves numerous factors, including the workforce that is available, the state of the local infrastructure, access to investors, a business-friendly culture, etc.
Based on a CNBC analysis that examined 88 variables across 10 major categories, this map shows the best states in America for business.
Methodology
The weights assigned to each of the 10 categories are further broken down as follows:
The Most Business Friendly States
Because of the state's investment in the Research Triangle Regional Partnership (RTRP), North Carolina, which tops the ranking, attracts a highly skilled and creative workforce.
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