I've read posts from individuals in this forum who have established and grown their own engineering firms and consulting business over the years. Each state in the United States has its own specific rules and regulations regarding the establishment and operation of such businesses, and the tax laws and insurance requirements vary dramatically. I'd like to know what states are the most business friendly in these respects. If you were going to hang out a shingle to start your own engineering consulting business today, in what state would you establish the company given the option and why? I will assume that the company would be a sole proprietorship, an LLC or a PLLC. Incorporating is an option also, but I suspect that it is a less likely one for an individual. Replies from people who have either started these types of companies or who work in high level positions in them would be especially appreciated. I'd also like to hear from individuals who would warn against forming such a company in certain states.
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