A low cost of living, a stable economy and multiple large markets—those are just a few of the reasons your small business could be successful in the Volunteer State. What's more, Tennessee has no broad-based wage and salary income tax for sole proprietors and other entrepreneurs. The state is focused on updating its workforce, via its Drive to 55 Alliance, an initiative that aims to see 55% of Tennesseans with a college degree or certificate by 2025. (source)
| Capital: | Nashville |
| Year of Statehood: | 1796 |
| Largest Cities: | Nashville, Memphis, Knoxville |
| Motto: | Agriculture and Commerce |
| Nickname: | Volunteer State |
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