Find the right franchise in Minnesota
Minnesota Is Healthy, Wealthy, and at the Top of Everyone’s List for Business
Minnesota takes pride in its strong economy, enviable educational system, and high quality of life, and they have the numbers to back it up. The Land of 10,000 Lakes is at the top of multiple “best states” and “best places to do business” lists.
Ranking the state second in its 2018 Best States list, US News & World Report notes that the state surpasses most others in economic opportunity. Its low poverty rate and educated population mean a thriving consumer base. The state’s excellent internet access, roads, and energy supply are also a plus for businesses.
Minnesota scores highly all around for its quality of life. US News & World Report gives it a second-place ranking, and CNBC gives it an A+. A satisfying lifestyle is good for business owners who relocate to Minnesota, and it’s great for all-around satisfaction and productivity.
If you’re ready to find your success in the Land of 10,000 lakes, speak with a FranNet consultant. Our local experts know the state and can help you make the most of your business in Minnesota.
Franchising in Minnesota
- Franchise registration: Minnesota is a franchise registration state: no franchise may be offered or sold in Minnesota unless a registration is on file with the Department of Commerce or an exemption applies. (Source: Minnesota Department of Commerce)
- Small businesses: In 2022, Minnesota had 560,428 small businesses, 99.5 percent of all its businesses, and they employed 1.3 million people, 45.8 percent of its employees. (Source: SBA Office of Advocacy, 2025 Small Business Profile: Minnesota (2022 data))
The SBA counts firms with fewer than 500 employees, including businesses with no paid employees.
Franchising facts last reviewed October 2026.
Major markets in Minnesota
Franchise brands available in Minnesota
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