When it comes to starting a small business, there’s no better place than Utah. The Beehive State was one of only four to earn an A+ in a recent survey.
Thumbtak.com released its 2012 Small Business Survey today, done in partnership with the Kauffman Foundation. Utah, Idaho, Oklahoma and Texas were the only states to earn the highest possible grade.
Click here to see the interactive map.
Utah scored an A+ in ease of starting a business, an A grade in categories including health and safety, licensing and environmental, and scored an A- in regulations, tax code and zoning.
The survey of 6,000 small business owners was conducted over two months across the country. The data provides ground-level insight on the regulatory climate across the nation and its impact on the economy.
“Six thousand small business owners have told an unusually nuanced story about what they value in their state or city government,” said Sander Daniels, co-founder of Thumbtack.com. “Entrepreneurs value a lot more than just low tax rates. Easy-to-understand licensing regulations and well-publicized training programs are often overlooked as critical tools necessary to support small business.”
Small business owners gave California, Hawaii, Vermont and Rhode Island an F with New York earning a D.
Some of the key findings include:
- Small businesses said licensing requirements were nearly twice as important as tax rates in determining their state or city government’s overall business friendliness.
- An important predictor of small business friendliness was whether small business owners are aware of the state or local government offering training programs for small businesses.
- Among small business owners nationally, women were nine percent more likely than men to feel supported by their state governments.
“Asking entrepreneurs to rank state friendliness to their businesses is a powerful resource for helping policymakers understand the needs of business owners and for helping aspiring founders understand the full dimensions of their business environment,” said Dane Stangler, director of research at the Kauffman Foundation.









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