The Magnolia State offers businesses several incentives, has a strong transportation infrastructure and a low cost of living.
Mississippi has the lowest cost of living in the United States, which creates opportunities for entrepreneurs to build solid businesses.
It also has it a higher percentage of available employees than most other states. Both are great starting points when considering a place to locate a new business or franchise, but the incentives the state offers to open there are even more enticing. Businesses can benefit from Rural Economic Development Credits, a tax credit program that is available to businesses that use industrial revenue bonds that have been issued by the Mississippi Business Finance Corporation, Sales and Use Tax Rebate for Tourism Projects, which allows sales tax rebates for tourist attractions, and the Health Care Industry Zone Incentive Program that is available to businesses opening in the Health Care Zones of the state.