Wed 14 Jan 2009
How Small Business Friendly Is Your State?
Posted by Megan Dorn under Small Business
The Small Business and Entrepreneurship Council recently released its Small Business Survival Index 2008, which is basically a ranking of how small business friendly each state is. To come up with its list, the SBEC looks at major government-imposed or government-related costs affecting investment, entrepreneurship and business. They also rank states according to their public policy climates for entrepreneurship. Here is the complete list below. Check to see where your state ranks.
1. South Dakota 14. Missouri 27. Louisiana 40. West Virginia
2. Nevada 15. Utah 28. New Hampshire 41. Hawaii
3. Wyoming 16. Alaska 29. New Mexico 42. Iowa
4. Florida 17. Mississippi 30. Arkansas 43. Vermont
5. Washington 18. Ohio 31. Kansas 44. Massachusetts
6. Texas 19. Michigan 32. Oregon 45. New York
7. South Carolina 20. Indiana 33. Montana 46. Minnesota
8. Alabama 21. Oklahoma 34. Delaware 47. Rhode Island
9. Virginia 22. North Dakota 35. Idaho 48. Maine
10. Colorado 23. Kentucky 36. Nebraska 49. California
11. Tennessee 24. Illinois 37. Connecticut 50. New Jersey
12. Georgia 25. Pennsylvania 38. Maryland 51. Dist. of Columbia
13. Arizona 26. Wisconsin 39. North Carolina
(List ranks from most friendly to least friendly.)
January 14th, 2009 at 10:05 am
The bottom 8 states compose almost 40% of the US GDP.
January 20th, 2009 at 8:05 am
Wow, isn’t that interesting that those states seemingly punish the small business yet they still stay there… Some of the GDP has to do with population in the larger states and major cities obviously, but otherwise quite interesting.