Some states are more business-friendly than others. Whetheryou're president of a large corporation or an insurance agentrunning a small business, tax rates, regulations, growth stance,and the quality of life found in your state have a big impact onyour business' success.

According to the 2015 results of Chief Executive magazine's ”Bestand Worst States for Business” survey, chief executive officers(CEOs) in the United States favor states that foster growth throughprogressive business development programs, low taxes and a qualityliving environment.

In the annual survey, completed by 511 U.S. CEOs,states were measured on three categories to achieve their overallranking:

  • Taxes and regulations
  • Quality of the workforce
  • Living environment (which includes quality of education, costof living, affordable housing, social amenities and crimerates)

In 2015, one state remained the best state for business for the11th year in a row. Can you guess which state has a hold on the No.1 spot?

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Jayleen R. Heft

Jayleen Heft is the digital content editor for PropertyCasualty360.com. Contact her at [email protected].