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:
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
In this week’s roundup of great videos for entrepreneurs and business owners, Brandless CEO Tina Sharkey talks about the importance of instilling your business with a sense of purpose, Chicken Soup for the Soul author Jack Canfield shares his formula for leadership success, and Elon Musk says the key to business longevity is building a strong team. Plus, Amplify’s Emily Richett recommends three apps to help streamline your business and…
“Empowering people to make decisions is how you scale,” Gary Vaynerchuk argues in one of this week’s essential videos for entrepreneurs and business owners. He advocates giving trust to employees rather than waiting for them to earn it. Also on deck: Brendon Burchard gives a two-hour live training session on hiring and building teams, Brian Tracy offers tips on how to build a brand and sell products internationally, and the…
This week’s video roundup explores a range of business topics, including how to sell your business at the highest possible value, why firing someone is sometimes beneficial for both parties, and how to decide when to quit the day job to fully pursue your business venture. Plus, Fulton Grace Realty founder TJ Rubin discusses the benefits of giving up some control to others and Kevin O’Leary talks about the necessity…