02/10/2012 05:26 pm ET

How Small Businesses Stack Up In Top 20 States

Are some states more popular than others when it comes to starting and running a small business? With many entrepreneurs still fighting to keep their doors open, business environment matters more than ever.

In its annual report, the SBA Office of Advocacy reveals a detailed look into small businesses in every state and U.S. territory, including total number of businesses, store openings, closings and foreclosures and demographic information on owners.

Based on the most recent data available, here's a snapshot of the business environment in the 20 states with the biggest number of small businesses.