States ranked by friendliness to small business
South Dakota and Nevada come out on top. New Jersey and Washington, D.C., fill out the bottom.
The Small Business & Entrepreneurship Council has published its latest Small Business Survival Index, answering the question, “How friendly is your state to small businesses like yours?” The trade group looks at dozens of criteria and scores the 50 states and Washington, D.C., accordingly.
See where your state falls on the list this year, ranked from friendliest to least-friendly policy environments for entrepreneurship:
Small Business Survival Index 2009: State Rankings
(Ranked from the friendliest to the least-friendly policy environments for entrepreneurship)
1. South Dakota
7. South Carolina
17. North Dakota
28. New Mexico
33. New Hampshire
36. West Virginia
39. North Carolina
45. Rhode Island
48. New York
50. New Jersey
51. District of Columbia
When it comes to state and local property taxes affecting property owners and leaseholders, the top five states were Alabama, Oklahoma, Arkansas, Delaware, and New Mexico. The worst were Rhode Island, Wyoming, New Jersey, Vermont, and New Hampshire.
Electric utility costs were lowest in Wyoming, Idaho, Kentucky, West Virginia, and North Dakota, with the highest in New Hampshire, Massachusetts, New York, Connecticut, and Hawaii.
Click here to open a PDF of the full report.