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Connecticut

With great tax incentives and strong business survival numbers, the Constitution State is perfect for new franchises.

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Even though it's the third smallest state in the U.S., Connecticut seemingly has it all.

Connecticut is a great place to do business, has a high quality of life, and it’s a place people want to live. Small businesses make up ninety-seven percent of the total businesses in the state, and employ almost half of the private workforce, so Connecticut knows the value of keeping entrepreneurs happy. The state offers a range of small business financing programs and tax incentives to help assist with job creation and business growth, and with the third-highest per capita GDP in the United States the state shows it is highly productive as well. Businesses also enjoy stable longevity, with the fourth best survival rate in the nation. The Constitution State, called such because some historians believe the first constitution in history was written there, also has one of the most highly educated workforces in the country.