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You are at:Home»Business»California continues to be hot for new commercial startups
Business

California continues to be hot for new commercial startups

March 23, 2025003 Mins Read
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82553940007 02 The Stateswiththe Most New Business Applications.png
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Trump does not exclude recession while American prices start

President Trump refused to exclude the possibility that his economic policies, including aggressive prices, can lead to a recession. In an interview with Fox News, he recognized a “transition period” but insisted that his policies would finally benefit the economy.

without brand – worthy of interest

A new business started almost every minute of the day in California last year, According to a new report.

The Golden State received 43,265 new commercial applications per month – or 59 per hour – in 2024, according to Switch on Business, which is equivalent to almost a new company per minute.

However, despite the impressive figure, the study authors, who analyzed the data of commercial applications and the census, found that it was 6.9% of less applications than in 2023.

Florida received 72 new commercial applications per hour in 2024 – the maximum of all states, which makes it the warmest state for startups, according to the study, while Virginia -Western has received only 855 new commercial demands per 100,000 residents in 2024, the lowest rate of all states.

America has seen a record number of new businesses in the past four years

The previous four-year period saw a record of 21 million new companies launched in the United States, According to the end -of -term report of January by the former administrator of the SBA, Isabel Casillas Guzman,,,

To compare, in 2021, the Americans asked to start 5.4 million new companies, more than two thirds more than the annual average of 3.2 million new commercial applications per year during the five years preceding the start of the pandemic, according to SBA.

In 2023, some 1.8 million of 5.5 million new companies were launched with plans to hire workers, according to business results.

California has more small businesses than any other state

California has more small businesses than any other state, employing Seven million people.

The state also enters the share of the Lion of American venture capital, according to a commercial analysis, with Californian start-ups 59.25% of all capital raised nationally in the first quarter of 2024.

Wyoming is a hot spot for the creation of new companies

Wyoming received 10,133 new commercial requests per 100,000 residents in 2024, the highest rate per capita of all fifty states, depending on the change of activity. However, report analysts found that people outside the state have made many commercial applications.

To compare, California submitted 1,31,317 commercial requests for 100,000 residents in 2024.

“The fiscal structure adapted to companies (Wyoming), minimum regulatory requirements and strong confidentiality laws have made it a favorite destination for business recording, in particular for non -American residents and entrepreneurs outside the state” Start in wyoming.

Top 10 states with the most new companies in 2024

States with the most new commercial requests submitted in 2024, according to the commercial analysis of the ignition:

  1. Florida (634 321)
  2. California (519 182)
  3. Texas (490 063)
  4. New York (292 292)
  5. Georgia (243,088)
  6. Illinois (171,878)
  7. Caroline du Nord (163,499)
  8. New Jersey (153,350)
  9. Pennsylvania (146,789)
  10. Ohio (145,512)
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