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<v Speaker 1>Something you should go. Something you should know is brought

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<v Speaker 1>to you by Genesis gooldr dot com. That is also

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<v Speaker 1>something you should know. You can put your retirement plan

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<v Speaker 1>on the gold standard. Genesis Gold Group is the only

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<v Speaker 1>IRA backed by physical gold and silver. Learn more and

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<v Speaker 1>get a free gold and silver guide right now at

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<v Speaker 1>Genesis gooldr dot com. We are number two. We are

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<v Speaker 1>number two. Yes, South Dakota the second least expensive state

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<v Speaker 1>to start a business. That is kind of cool. Number

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<v Speaker 1>two is not bad. Number one's better, but number two

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<v Speaker 1>not bad. The number of new businesses in America has

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<v Speaker 1>increased by fifty nine point seven percent over the last

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<v Speaker 1>five years, from twenty twenty through twenty twenty four now

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<v Speaker 1>into twenty twenty five, compared to the five years prior

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<v Speaker 1>to that. While this unprecedented growth is expected to boost

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<v Speaker 1>the economy, only thirty four point nine percent of these

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<v Speaker 1>companies that started in twenty fourteen are still in business today.

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<v Speaker 1>So my wife and I started Sunny Radio in twenty ten,

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<v Speaker 1>and we just talked about this the other day because

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<v Speaker 1>we're talking talking about a friend that's a business owner

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<v Speaker 1>that's struggling, and we're like, you know what, it's not

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<v Speaker 1>as easy as some people think, it is tough to

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<v Speaker 1>own a business. Rising business expenses driven by historic inflation,

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<v Speaker 1>pose a major threat to survival rates. Companies that strategically

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<v Speaker 1>choose locations to help reduce costs such as wages and rent, utilities, taxes,

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<v Speaker 1>and supplies will have a stronger chance of success. So

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<v Speaker 1>Simplify LLC released a study of the most expensive and

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<v Speaker 1>least expensive states to start your business in for twenty

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<v Speaker 1>twenty five. And I'm looking here at the list. South

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<v Speaker 1>Dakota is number two, But let's do the top ten.

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<v Speaker 1>North Dakota is number ten, Nevada is number nine, number eight,

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<v Speaker 1>Kansas seven, Nebraska six, Idaho number five, Montana for Wyoming

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<v Speaker 1>number three Colorado. South Dakota the second least expensive state

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<v Speaker 1>in which to start your business and the number one

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<v Speaker 1>state to start a business for least expensive Utah. Now

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<v Speaker 1>let's do the top five most expensive places. Massachusetts number five,

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<v Speaker 1>number four, Tennessee three does not surprise me. Hawaii. It's

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<v Speaker 1>expensive to have a business there because you know, you

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<v Speaker 1>got to. Everything's got to come out on a ship.

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<v Speaker 1>Number two. New York and the most expensive state, California,

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<v Speaker 1>most expensive state in which to start your business. So

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<v Speaker 1>that is absolutely fascinating and if you'd like to learn more,

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<v Speaker 1>simplify LLC is who put out that list. Something you

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<v Speaker 1>should Know. Something you Should Know is brought to you

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<v Speaker 1>by Genesis gooldira dot com. Put your retirement plan on

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<v Speaker 1>the gold standard. Get a free gold and Silver guide

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<v Speaker 1>now at genesisgoldra dot com