Virginia received an A for overall friendliness on Thumbtack.com’s fourth annual Small Business Friendliness Survey. Virginia was the highest ranked state in the Mid-Atlantic and top 10 nationwide. Nearby competitors Maryland received a D+ and North Carolina a B-.
Thumbtack.com surveyed 17,633 small businesses across the U.S. with 36 questions to evaluate the friendliness of state and local policies toward small businesses on more than a dozen metrics.
Highlights for the Commonwealth include an A+ for ease of starting a business, licensing regulations and environmental factors.
“Small business owners on Thumbtack have consistently told us that they welcome support from their governments but are frequently frustrated by unnecessary bureaucratic obstacles,” said Jon Lieber, chief economist of Thumbtack.com. “Virginia's policies that support entrepreneurs could provide a helpful guide as we fight a general decline in business startups nationwide.”
“There is an excellent climate for small business in Virginia,” commented a translator and professor in Roanoke. “It is a great place to start and run a business because the state offers support, networking, referral and community enthusiasm.”
Richmond was ranked the No. 3 friendliest city in the U.S. and received an A+.
The survey results once again illustrate that Virginia is a great place for entrepreneurs to start and grow a business. To learn more about the Commonwealth’s pro-business policies, strategic location, competitive operating costs, leading research institutions and highly educated workforce, click here.
Image courtesy of Thumbtack.com