According to the Small Business Survival Index 2002, published by the Small Business Survival Committee, Wyoming ranks 3rd behind South Dakota and Nevada as the best state for small business and entrepreneurship.

The rankings are based on factors such as property tax, personal income tax, capital gains tax, electric utility rates and other factors. The lack of a corporate income tax makes Wyoming especially attractive to those businesses that want to expand or relocate.

In addition to the tax advantages, Wyoming offers a network of help for small businesses including the Wyoming Business Council, its regional offices, the Mid-America Manufacturing Technology Center and the Small Business Development Centers.

The full report can be viewed here