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Anyone who is plugged into the Little Rock startup scene knows that it’s a great place to be for entrepreneurs. Great organizations like The Venture Center help young companies refine their business models, and Little Rock Regional Chamber also offers valuable resources.
SmartAsset has found another reason to start a business in Little Rock: low startup costs. In fact, the city ranked fifth on SmartAsset’s recent ranking of cities with the lowest costs for entrepreneurs.
The study considered things like payroll, office space costs, utilities and filing fees. Another key finding? The South is the best bet for affordability.