Ohio named 1 of the top places to start a small business, study shows

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Reporter at News 5 Cleveland

Ohio is making the list yet again and garnering national attention; a new study shows that Buckeye State is one of the best places in America to start a small business.This all comes as the Small Business Administration reports roughly 33 million in operations here in the U.S. Ohio is ranked the 6th best place in America to start a small business.Research shows Ohio's affordability and internal support make it a top spot to pursue your entrepreneurial dreams.

Reynolds says Ohio has no corporate income tax rate, and overall, low taxes coupled with affordability are why it ranked so high.He says the news is telling, as 5.5 million new business applications were filed last year.

 

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