Delaware Franchises For Sale
Delaware may have a reputation as a tax haven for corporations, but this small, densely populated state is also very welcoming to small business. One major benefit for entrepreneurs is the state's ranking as No. 4 in the country for a low tax burden, according to U.S. News & World Report. [source]
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Facts About Delaware
| Capital: | Dover |
| Year of Statehood: | 1717 |
| Largest Cities: | Wilmington, Wilmington, Newark |
| Motto: | Liberty and Independence |
| Nickname: | The First State |
The First State for Entrepreneurs
- Delware has no state corporate income tax or sales tax.
- The state is also very welcoming to franchises, thanks to its business-friendly fees starting at $100 for corporations and a flat-fee for LLC's of $300.
- More than half a million businesses, and almost two-thirds of Fortune 500 companies are incorporated in Delaware.
- Delaware was ranked 10th in the nation for entrepreneurship, according to U.S. News & World Report.
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