Colleton ranks high in small business ownership

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by Alyssa Annunziato

A study from SmartAsset has found the places in each state with the most small business owners. Utilizing IRS data, the analysis compares the number of tax returns that report small business income to the total tax-filing population of the region to determine the prevalence of the small business population in each county.

According to the study, Colleton County ranked among the places in South Carolina with the largest small business population

Beaufort

Charleston

Georgetown

Jasper

Greenville

Colleton

Horry

Bamberg

Richland

10.Clarendon

These rankings are based on one of the key factors in SmartAsset’s overarching study on the ‘Best Places for Small Business Owners.’ Additional information on the study and methodology can be found here: https://smartasset.com/retirement/atlantic-coast-life-annuity-review#southcarolina/small-business-returns