If you're starting your own business, it can be both exciting and very challenging. Per data from the U.S. Small Business Administration Office of Advocacy, America is home to approximately 30.7 million small businesses. Not only that, but 59.9 million Americans are employed by these small businesses!
WizardPins recently released this infographic which shows cities across the United States had the most new small businesses open, and also shows which cities unfortunately saw the most close up. The data uses statistics from 2018, and found that Boise City, Idaho had the largest growth that year, with a 4.274% increase from the previous year (724 new small businesses). It was also found that Houma/Thibodaux, Louisiana saw the biggest decrease, with 98 small businesses lost (a decrease of 2.344%).
Infographic by: wizardpins