South Carolina Franchises For Sale
Thinking of exploring your small business dreams in South Carolina? The state offers no state property tax, no local income tax, and no inventory tax. If those facts weren't appealing enough, entrepreneurs also recommend the state thanks to its stable economic growth in recent years. In fact, a survey conducted by First Citizens Bank found that 77% of small business owners in South Carolina were optimistic about their state's economic direction.
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Facts About South Carolina
| Capital: | Columbia |
| Year of Statehood: | 1788 |
| Largest Cities: | Columbia, Columbia, North Charleston |
| Motto: | Prepared in mind and resources |
| Nickname: | Palmetto State |
Plant the Seed for Business Success in the Palmetto State
- South Carolina placed 16th overall on Forbes' Best States for Business list. (source)
- The regulatory environment for business in South Carolina was ranked the 6th best in the nation.
- Area Development magazine ranked South Carolina as the 2nd best state in the nation for doing business. (source)
- South Carolina's industrial power rates are 9% lower than the national average. (source)
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