The No.1 state for family businesses? South Dakota!

At least, that was the takeaway from a recent report from OnDeck, a global online small-business lending company.

As part of this survey, OnDeck analyzed information from the U.S. Census Bureau’s annual business survey to identify the states with the highest proportion of family- and spouse-owned companies. The findings revealed that nearly half of South Dakota businesses (43.4%, to be exact) are family owned.

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About the Author(s)

Matt Villano

Matt Villano is a writer and editor in Healdsburg, California.


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