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WANTED: Entrepreneur Seeks Business Friendly State to Start Business

Date: 11/04/2005 | Category: Business | Author: developers

In October, the Small Business & Entrepreneurship Council released its tenth annual ranking of the states according to their public policy climates for small business and entrepreneurships. The Index serves as a state-by-state gauge to assist in determining if public policies are helping or hurting the entrepreneurial sector.

This comprehensive index analyzes 26 major government-imposed or government-related costs affecting small businesses and entrepreneurs, including a variety of tax issues and measures that reflect various regulatory costs. These government-imposed or government-related costs are added together to compute an overall rating.

Topping the list as the top ten most entrepreneur-friendly states are: 1) South Dakota, 2) Nevada, 3) Wyoming, 4) Washington, 5) Michigan, 6) Florida, 7) Mississippi, 8) Alabama, 9) Indiana, and 10) Colorado.

In contrast, the ten most “anti-entrepreneurâ€? states are: 42) Massachusetts, 43) Vermont, 44) New York, 45) New Jersey, 46) Hawaii, 47) Minnesota, 48) Rhode Island, 49) Maine, 50) California, and 51) the District of Columbia.

For more information on conducting business in any of these states, about Resident agent or Incorporation  visit us at or call at 888-284-3821