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Montana

New entrepreneurs love the Treasure State for its business survival rate, available talent and attractive tax climate.

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While Montana might be one of the smallest states in the country, it's also one of the best states for opening a business or franchise.

The rate of new entrepreneurs in the state is in the top five in the U.S., and the business survival ratio is the third best. Businesses that open in Montana seem to be able to stick-out the early days easier than in any other state, and even the small business five-year survival rate is ninth in the U.S. Things that make the state even more attractive include the lack of a statewide general sales tax (which helps put Montana in the top ten best tax climates of the country) and while the population may be small, Montana still ranks well for highest availability of talent in the country at number five. Overall Montana has a decent business environment, great access to resources, and low business and labour costs.