Delaware Ranks 5th in U.S. for Best State to Start a Business

Delaware is the fifth best state in the U.S. to launch a business, according GoBankingRates.com, up two spots from their ranking as seventh last year.

Factors such as the state’s low taxes and high value of goods and services positioned Delaware favorably.

States were ranked based on factors such as startup activity, business tax climates, and cost of living to gauge rankings, according to a Delaware Business Now article.

Delaware’s high national ranking is a testament to Greater Philadelphia as the best region to live, work, play, and start and grow a business.