Expansive prairies giving away to rolling mountains that are seeped in midwestern charm, South Dakota is a great place to buy a franchise. It is an affordable place to do business- given the no corporate income tax, no personal income tax, and no personal property tax.
Franchising is a great opportunity to test your skills and interest in entrepreneurial work. You will receive a lot of support from the corporate parent, everything from financing the business, training you and your employees, and getting detailed marketing plans. In short, all the most difficult things about starting a new business are already taken care of.
Given the recent boom in tourism, there has been a resulting economic activity increase. There have been more and more industries expanding into South Dakota, giving you a lot of options to choose from.
If you’re looking to have more say in marketing, product, or long-term goals, consider buying an existing business for sale in South Dakota.