Top 5 States for Small Business Ownership
Illinois Ranks #5 for Business Ownership
The State of Small Business in Illinois
Despite being more likely to be laid off from previous jobs,
Illinois entrepreneurs remain happy.
Illinois rounds out the Top 5 states for small business ownership, with 4 percent of current small businesses calling the Prairie State home. According to our 2018 State of Small Business survey, 70 percent of Illinois small businesses are profitable, and 66% of business owners there are looking to grow their operation. Furthermore, entrepreneurs are happy in Illinois. Even though they were much more likely to cite being laid off as their main motivation to open a business than the national average, 53 percent of Illinois business owners rated their happiness as a 10 out of 10.
Learn more about Illinois small business trends in our infographic below: