Is North Carolina the Best Place to Start a Small Business?

North Carolina is reportedly one of the best states to start a business. With its world-renowned education system, diverse training programs, and an unparalleled quality of life, it's no wonder that people from all over flock to the Tar Heel State. Not only does North Carolina have an extensive highway system, four international airports, and two seaports, but it also has a relatively low cost of living and doing business. According to Sperling's Best Places research on the cost of living, North Carolina is more affordable than the average state in every major category, except health care.

The Small Business Jobs Index ranked North Carolina second in the country in terms of small business employment growth rate last month, with an index measure of 102.75.The Paychex report also ranked North Carolina among the best in the country for small businesses. Forbes explained that North Carolina ranks high thanks to its low business costs, its institutions of higher education, its high supply of labor and its regulatory environment. Overall, North Carolina's taxes are relaxed, as the state seems eager to promote both small and large businesses. For more information on North Carolina business licenses, permits, and certifications, see the state's website.

A full list of business registration fees can be found on the North Carolina Secretary of State's website.

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