Texas Is the Most Small-Business-Friendly State According to Entrepreneurs
You can’t chalk this one up to simple Texas pride. For the fourth year in a row, Texas has been ranked as the state most friendly to small businesses in Thumbtack.com’s small-biz friendliness survey drawing from the opinions of nearly 18,000 entrepreneurs. Texas and Utah were the only states to earn an “A+” from small-business owners—the opposite end of the spectrum from the “F” grade scored by California and Rhode Island. Texas small-biz owners have a lot to be thankful for.
Thumbtack.com’s Small Business Friendliness Survey looked deep into the state and local business environments across the nation. They graded on things like the availability of training and networking programs, zoning laws, environmental regulations, licensing requirements, tax codes, health and safety, ease of starting a business and hiring employees, and overall friendliness. Texas ranked at or near the top in most of these categories, garnering an “A+” for overall friendliness, with small-biz owners in Dallas and Austin giving their cities the highest marks.
The lowest-rated category for Texas is “ease of hiring,” which scored a “B.” Not too shabby, right? But it did prevent Texas from getting straight A’s.
“Small business owners on Thumbtack have consistently told us that they welcome support from their government but are frequently frustrated by unnecessary bureaucratic obstacles,” said Jon Lieber, Thumbtack’s chief economist. “Given that there is a crisis of entrepreneurship in the United States, seen in the broad collapse of self-employment across industries and states, creating the right environment for business start-ups is more important than ever.”
You can view a detailed map of Thumbtack’s Small Business Friendliness Survey here:
https://www.thumbtack.com/survey#/2015/1/states
Out-of-state entrepreneurs fed up with unfriendliness of their local and state governments to small businesses, we welcome you here! Texas is big enough for all of us.
READ MORE FROM AMERICAN COMMERCIAL CAPITAL
Business Video Roundup: The CEO Test, How Empathy Drives Success & More
Image: LightFieldStudios / Envato Elements
In this week’s roundup of great videos for entrepreneurs and business owners, Gary Vaynerchuk talks shop with Dell CEO Michael Dell, Brian Tracy explains how to use criticism as means of reflection and growth, and The CEO Test author Adam Bryant explores some essential points from his “leadership playbook.” Plus, Golden State Warriors head coach Steve Kerr sits down for a View from the…
Invoice Factoring vs. Bank Loans: 6 Reasons to Choose Factoring for Your Business
Image: LightFieldStudios / Envato Elements
When it comes to injecting your business with positive cash flow, there are several reasons you should consider invoice factoring over bank loans. Invoice factoring, for those who don’t know, is the process of selling your accounts receivables to a factoring company, thereby turning your unpaid invoices into immediate cash. In other words, you’re not waiting 30 to 90 days for a client payment—you…
Business Video Roundup: How to Deal with Setbacks, Disrupt an Industry & More
Image: friends_stock / Envato Elements
In this week’s business video roundup, Gary Vaynerchuk and Clearco’s Michele Romanow launch a new weekly series aimed to help you build your business, Maven co-founder Wes Kao reveals a better way to look at entrepreneurial setbacks, and Brain Tracy talks about his seven essential pillars of personal development. Plus, Stanford Graduate School of Business takes a deep look at the work environment post-COVID,…
