With over 20% of new businesses failing within one year and inflation making entrepreneurship even more difficult, the personal-finance company WalletHub today released its report on 2026’s Best & Worst States to Start a Business, as well as expert commentary to showcase the most fertile grounds for planting and growing new ventures.
WalletHub compared the 50 U.S. states across 25 key indicators of startup success. The data set ranges from financing accessibility to labor costs to office-space affordability.
- Starting a Business in Connecticut (1=Best; 25=Avg.):Overall Rank for Connecticut: 47th
- 47th – Avg. Growth in Number of Small Businesses
- 43rd – Office-Space Affordability
- 43rd – Labor Costs
- 35th – Availability of Human Capital
- 43rd – Avg. Length of Work Week (in Hours)
- 44th – Cost of Living
- 38th – Industry Variety
For the full report, please visit:
https://wallethub.com/edu/best-states-to-start-a-business/36934
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