The ranking was compiled by Looka, a company that provides logo design and other services to small businesses. Rhode Island, West Virginia and Delaware were ranked as the three worst states for entrepreneurs. California and Texas were ranked No. 1 and No. 2, while New Jersey finished in third and Georgia finished in fifth. Illinois finished in No. 36 in the last metric, but fifth in the performance of its businesses with fewer than five employees and in its annual payroll rating for small businesses, according to Looka. The state finished in 17th in median household income, and 21st in the survival rate of small businesses in the U.S. Overall, the ranking was based on six different metrics to come up with a total score of. . . .
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