9 Best States for Small Businesses

The campus of Washington State University in Pullman, Washington

5. Washington

There are many major technical giants in Washington, including Amazon and Microsoft. This means that the close proximity to these companies makes it easy to set up e-commerce and get access to computing resources. Also, the number of businesses in Washington that accept credit cards is very high, meaning that getting a credit-savvy customer base will increase the number of products and services sold for small businesses. The only downfall to starting a small business in Washington is the increasing cost of minimum wage. Starting in April 2015, the minimum wage in Seattle will be $15 per hour, increasing the hourly cost of basic labor skills dramatically.

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