TL;DR
CNBC ranked the 10 worst places to start a business in the US, with Stockton, California coming in as the worst. The ranking was based on data from the 107 largest metro areas in the US.
More new businesses fail than succeed—that’s nearly common knowledge at this point. So to better your chances, it’s important to open your new business in an area where the odds are in your favor.
The new CNBC Metro 20: America’s Best Places to Start a Business ranking identified metro areas where the likelihood of business success is highest. For that ranking, CNBC reviewed data on the 107 largest metro areas in the United States.
Plagued by social, economic and government hurdles to success, here are the 10 cities that came in at the very bottom of that list:
Jackson, Mississippi
Albuquerque, New Mexico
Louisville, Kentucky
Providence, Rhode Island
Fresno, California
Santa Rosa, California
Allentown, Pennsylvania
San Bernardino, California
Modesto, California
Stockton, California
In this story
This story was originally published in 1851 Franchise on August 24, 2016. Burnaze summarizes and links to the original reporting.
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