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North Dakota

Franchises love the Peace Garden State's strong economy, tax-friendliness and high opportunity share of new entrepreneurs.

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While North Dakota has one of the smallest populations in the United States, and ninety percent of the land is devoted to agriculture, the state’s two largest cities, Fargo and Bismarck, are rapidly expanding and drawing a lot of attention from entrepreneurs.

With a booming economy, a tax-friendly environment (which has seen steady cuts over the last few years) and being considered one of the best-run states in the country, it’s not hard to see why. North Dakota also has the highest opportunity share of new entrepreneurs in the country, with a relatively high density of start-ups. The quality of life in North Dakota is boosted by being among the top five states in the country for education, health and community. Whether residents live in the city or the country doesn’t matter, as both experience a low cost of living. Entrepreneurs are flocking to the state to experience the beautiful national parks and healthy surroundings, and with a robust business environment they have everything they need in order to flourish.