Doing business in South Dakota creates steadfast economic growth as you get access to all the assets of the state. Places like Mount Rushmore and Badlands National Park are tourist spots contributing to the booming tourism sector in the state. Other sectors like agriculture, manufacturing and finance all contribute to South Dakota’s economy. Due to the presence of many other sectors like healthcare, IT and finance the state has created a diverse workforce having strong skills; which could benefit new industries and businesses.
South Dakota has no corporate income tax or personal income tax, all benefiting new and existing companies in the state. Forbes has ranked South Dakota as the 4th best state for starting a business. It has identified many positive features of the state like its support for small businesses, business survival rate (74%), grants, programs and low cost of living.
List of the top MLM companies in South Dakota
The MLM companies in US are creating waves through their groundbreaking business ideas and models. Many US households are making passive income through direct selling. Broadly speaking, many consider MLM entrepreneurship to be profitable.
While South Dakota may not be a major location for direct selling companies, there are still many thriving MLM companies in the state. Here’s a list of the network marketing companies currently existing in the state:
# | Company | Revenue 2024 (in million USD) |
Revenue 2023 (in million USD) |
Growth Rate | Year Founded |
---|---|---|---|---|---|
1 | Valentus Global | 12 | 5 | 140% | 2014 |
2 | Fifth Avenue Collection | 10 | 10 | 0% | 1987 |
Data updated in June 2025
*The above list is subject to market changes and modifications.
Impact of Direct Selling by State, 2023
13 Million People Involved • $36.7 Billion in Retail Sales
State/Territory | People Involved | Retail Sales |
---|
Top 10 States by People Involved in Direct Selling
Top 10 States by Direct Selling Retail Sales
Source: Direct Selling Education Foundation (DSEF) • Data from 2023
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MLM businesses who strive to progress in South Dakota could make use of its features like low operating cost and tax structure. Also, sectors like food processing, healthcare and renewable energy are all major contributors to the state’s growth. MLM businesses and entrepreneurs can flourish by utilizing the state’s key industry sectors and supportive environment.
Disclaimer: Epixel neither promotes nor supports any of the companies mentioned in this article nor their products or services. The facts published here are represented as reported in the direct selling industry. The facts don't reflect our priorities. The article was compiled based on available resources and does not represent special mentions or priorities to organizations, persons, or products.
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