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Best and Worst Cities to Be a Mompreneur

GOBankingRates Logo By Cameron Huddleston of GOBankingRates | Slide 1 of 24: There's no denying that the growth in the number of female entrepreneurs has been impressive. The number of U.S. businesses owned by women has increased 114 percent over the past 20 years, and women are starting 849 new businesses per day, on average, according to a 2017 report commissioned by American Express OPEN.What's more impressive is that many female entrepreneurs are raising families while running their businesses. Juggling those responsibilities can be challenging for entrepreneurs who are moms, so GOBankingRates wanted to find out whether working moms have a better chance of succeeding based on where they live. The study pinpointed both good and bad locales to start businesses based on the percentage of the workforce that encompasses female entrepreneurs, the rate of new entrepreneurs, the number of startups, the survival rate of startups and the average cost of child care.Click through to read more about the best and worst cities for mompreneurs to start a business.

There's no denying that the growth in the number of female entrepreneurs has been impressive. The number of U.S. businesses owned by women has increased 114 percent over the past 20 years, and women are starting 849 new businesses per day, on average, according to a 2017 report commissioned by American Express OPEN.

What's more impressive is that many female entrepreneurs are raising families while running their businesses. Juggling those responsibilities can be challenging for entrepreneurs who are moms, so GOBankingRates wanted to find out whether working moms have a better chance of succeeding based on where they live. The study pinpointed both good and bad locales to start businesses based on the percentage of the workforce that encompasses female entrepreneurs, the rate of new entrepreneurs, the number of startups, the survival rate of startups and the average cost of child care.

Click through to read more about the best and worst cities for mompreneurs to start a business.

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