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Small Business and Entrepreneurship Council releases its 2009 Small Business Survival Index

Published on Dec 18, 2009

Summary

Read our article, 'Small Business and Entrepreneurship Council releases its 2009 Small Business Survival Index' at 'Time to Start Up,' the small business blog by BizFilings.
The Small Business and Entrepreneurship Council (SBE Council) recently released its 14th annual Small Business Survival Index 2009: Ranking the Policy Environment for Entrepreneurship Across the Nation.  Each year this index ranks states according to their public policies regarding small businesses and entrepreneurs. There are many different views on how much or how little the Federal Government is doing for small businesses and entrepreneurs these days. In order to bypass the muddy waters of the federal level, the author of the study Raymond J. Keating, SBE Council chief economist, says "The Index helps business owners and investors understand the public policies in place at the state level, and ranks each state accordingly." The Small Business Survival Index gets at the public policy costs and trends that both directly or indirectly, affect small businesses or entrepreneurs. It’s the most comprehensive measure of which states are truly "friendly" to small businesses and which are lacking in terms of public policy. Factors for the rankings include taxes, regulatory costs, government spending, property rights, health care, energy costs, among other factors. According to the Small Business Survival Index, the top-ten entrepreneur friendly states are:
  1. South Dakota
  2. Nevada
  3. Texas
  4. Wyoming
  5. Washington
  6. Florida
  7. South Carolina
  8. Colorado
  9. Alabama
  10. Virginia
Complete rankings, and the entire Index can be seen at the SBE Council website, http://sbecouncil.org/survivalindex2009/.