Time to Startup!

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Small Business Survival Index 2010 Released

Published on Dec 23, 2010

Summary

Check out 'Small Business Survival Index 2010 Released' at 'Time to Start Up,' the small business blog by BizFilings.
If you're looking for some interesting reading over the holidays, you may want to skim the Small Business & Entrepreneurship Council's Small Business Survival Index 2010: Ranking the Policy Environment for Entrepreneurship Across the Nation. .open for business2_opt Deciphering the Index As noted in the final paragraph of the introduction to state rankings, "Taxes and regulations matter a great deal to entrepreneurs, small businesses and the economy in general. The Small Business Survival Index makes clear that government-imposed or government-related costs have a deep impact on the entrepreneurial sector of our economy ... The Small Business Survival Index manages to capture much of the governmental burdens affecting critical economic decisions - particularly affecting investment investment and entrepreneurship - state by state. Under the Small Business Survival Index, the lower the index number, the lighter the governmental burdens, and the better the environment for entrepreneurship. The Small Business Survival Index provides a measure by which states can be compared according to how the state and local governments treat small business and entrepreneurs. In essence, it is a comparative measure of economic incentives relating to government policies: the lower the Small Business Survival Index number, the greater the incentives to invest and take risks in that particular state." And the winners are:
  1. South Dakota
  2. Nevada
  3. Texas
  4. Wyoming
  5. Washington
There you have it - the fabulous five prime states for starting a business. Find out where your state ranks by clicking here: Small Business Survival Index 2010: Ranking the Policy Environment for Entrepreneurship Across the Nation. P.S. Happy Holidays!