Oklahoma best place to start a business in 2023

AgBoost founder Sean Accadiri, left, talks with Erica Lucas, co-founder of StitchCrew.

Forbes is not very interested in starting a business in Oklahoma.

In a list that’s supposed to provoke groans in some parts of the country, ego boosts and data misunderstandings in others — Oklahoma ranks 42nd on the “Best States to Start a Business in 2023.”

But how accurate is such a list anyway? What factors are ignored? Is Oklahoma — home to businesses like Continental Resources, Love’s Travel Stops, Sonic, Paycom, and more — really a bad place to start a business?

Not exactly, according to local entrepreneurs and venture capitalists familiar with the Oklahoma business startup trend.

Forbes based its rankings on “18 key criteria in five categories” to determine the best or worst states. The five broad categories include business costs, business climate, financial access, economy and labor.


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