Small Businesses Thrive … Under the Right Conditions (Credit: AnyTimeDelivery)
Which states are the most business and entrepreneur friendly? Which are the least friendly?
Those states most friendly to business and job growth have fewer taxes, regulations, frivolous lawsuits … and a climate that allows:
- New businesses to start
- Existing businesses to grow
- Job expansion
- Income growth
- New job opportunities
Here are the lists:
Top Ten Best States for Business
Rank State
1 Nevada
2 Texas
3 South Dakota
4 Wyoming
5 Florida
6 Washington
7 Alabama
8 Arizona
9 Ohio
10 Indiana
Top Ten Worst States for Business
41 Maine
42 Iowa
43 Oregon
44 Connecticut
45 Vermont
46 Hawaii
47 Minnesota
48 New York
49 New Jersey
50 California
Did your state make the list? Which one? Email me at [email protected]
2 Comments on “Top 10 Best and Worst States for Job Growth and Business Opportunity”
Unfortunately, Craig, my wife and I still live in California, Number 50, the worst state for business. It’s no wonder that so many businesses are leaving this state for greener pastures elsewhere. You’re inundated with regulations here and regulations there, here a regulation, there a regulation, everywhere a regulation, to paraphrase a song. Ugh, I’ve lived my whole life here and I’m sick of this government, mostly Democratic controlled. Plus, we need to go back to a part-time Sacramento Legislature, like we used to have. So they don’t have so much time on their hands to come up with more strangling regulations!
As a small business owner with 22 employees, I understand first-hand how difficult it is to remain open and profitable. Workers Compensation now costs 30 cents to every payroll dollar I give, thanks to California’s corrupt system. Liability insurance penalizes me by auditing my sales and charging more because I grew my business – even though we had no claims. There went my profit from all my hard work! We need insurance reform in this state if small businesses are going to survive and thrive!