Wyoming Among The Top States For Self-employment

Take a drive around Wyoming, and you're going to see lots of self-employed Wyomingites. It could be a boutique, brewery, distillery, body shop, influencer, hunting guide, rancher, farmer, or some other locally owned and operated business.

It's truly inspiring to see so many Wyomingites having a vision and following through to make their dreams come true. If you've ever felt like you have an idea of starting your own business, Wyoming is a good state to do it in.

Business Heroes analyzed several years of data to determine that Wyoming ranks #7 for the most young adults who are self-employed, and 44% of those young adults are women.

When I show you the Top 10 self-employed businesses, you shake your head in agreement because they're pretty much all Wyoming-type businesses.

Here are the Top 10:

1. Rancher/Farmer
2. Fishing/Hunting
3. Acupunturists
4. Photographers
5. DJs
6. Barbers
7. Independent Doctors
8. Chiropractors
9. Musicians/ Singers
10. Aritsts

If you've traveled around the state at all, you'll agree that you'll find all 11 of these in abundance, and if you notice, many of them are involved in the ARTS.

Wyoming's small business environment is outstanding. Wyoming has been named the best business climate multiple times, thanks to a multitude of reasons, but one stands out the most: the lack of taxes.

The Wyoming Business Council is a valuable resource for entrepreneurs who are looking to start a new business or expand their existing one.

With a low tax burden, including no corporate or personal state income tax, Wyoming has been identified by the Tax Foundation as having the most business-friendly tax climate in the nation. In Wyoming, you can spend less and earn more.