Report: R.I. 11th-worst state for new businesses

Updated at 3:22 p.m.

RHODE ISLAND ranked 40th out of 51 in Simplify LLC's 2024 index of the best and worst states to start a business, down from 24 last year. / COURTESY SIMPLIFY LLC

PROVIDENCE – Entrepreneurs in Rhode Island face more obstacles to success than their business peers in most other areas of the U.S., a recent study found. Simplify LLC, a small-business assistance publication, ranked the Ocean State 40th overall out of 50 states and Washington, D.C. in its 2024 “Best and Worst States to Start a

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