Ask anyone in Utah and they will tell you that the entrepreneurial spirit here runs strong. Now there’s even more validation to that fact.
A new survey by the Ewing Marion Kauffman Foundation and Thumbtack reveals that Utah is the best state for entrepreneurs (as reported by Entrepreneur). Let’s add this to Utah’s growing list of accolades, the most recent of which includes Forbes’ Best State for Business three years in a row and Pollina’s top Pro Business state for the second year.
Thumbtack calls Utah the “friendliest state for small business.” This is largely thanks to Utah’s stable and low regulatory climate. With straightforward business laws, entrepreneurs are able to better focus on their business rather than have to constantly jump through legal hoops. Utah is an easy state to start a business and to make it grow.
Though Utah’s population is largely concentrated along the Wasatch Front corridor, there are a few online resources that help those from more remote parts of the state start up a business and stay connected. For example, we have Business Resource Centers, OneStop Business Registration, services available from entrepreneurial associations like Grow Utah Ventures.
The Salt Lake Chamber’s Women’s Business Center is a great resource for entrepreneurs as well, providing free training and counseling.
The Ewing Marion Akuffman Foundation and Thumbtack surveyed 7,766 small businesses on 16 different categories. Other states who made the best states for entrepreneurs list include Alabama, New Hampshire, Idaho and Kansas.