Starting your own business is what the American dream is all about, but it can certainly present its challenges. According to the U.S. Small Business Administration Office of Advocacy, there are approximately 30.7 million small businesses in America, and 59.9 million Americans are employed by small businesses! From WizardPins, this infographic looks at the cities with the most new small businesses that have opened, and also looks at the cities where the most have closed.
The data, which is based on 2018 statistics, found that Boise City, Idaho saw the largest increase in small businesses that year, with 724 new small businesses for an increase of 4,274% from the previous year. Idaho and Utah in particular saw the best growth in 2018, as they're the only two states to have two cities place within the top five. Did your home city place anywhere on the list for small businesses gained or lost during 2018?