By Wallet Hub
Source: WalletHub
With around 1 in 5 new businesses failing within the first year and inflation making things even more difficult, the personal-finance website WalletHub today released its report on the Best & Worst States to Start a Business in 2025, as well as expert commentary, to help people maximize their chances of success by starting in the right location.
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 Arizona (1=Best; 25=Avg.):
- Overall Rank for Arizona: 9th
- 6th – Avg. Growth in Number of Small Businesses
- 28th – Labor Costs
- 29th – Availability of Human Capital
- 24th – Avg. Length of Work Week (in Hours)
- 29th – Cost of Living
For the full report, please visit:
https://wallethub.com/edu/best-states-to-start-a-business/36934