| Follow Us: Facebook Twitter Youtube RSS Feed

Buzz

Study gives Minnesota a high grade for small-business friendliness

Online service Thumbtack.com, in partnership with the entrepreneurship organization Kauffman Foundation, conducted its second annual study about business friendliness, compiling survey results from over 7,000 small business owners throughout the United States.
 
Minnesota received a grade of "A-" in the study, showing marked improvement over its "B" grade in 2012. Survey respondents gave high grades to the ease of starting a business in the state and overall friendliness. Zoning and training programs both received lower scores of "B-."
 
In terms of areas for improvement, the state's small business owners gave the state a "D+" for ease of hiring and a "C+" for regulatory issues like health and safety and the tax code.
 
The site also includes some comments from survey respondents, highlighting both advantages and challenges for small businesses in the state. For example, the owner of a moving company in St. Paul complained that "workman's comp in Minnesota is extremely brutal," while an entrepreneur in Cottage Grove noted: "This is a great place to start a business." 
Signup for Email Alerts
Signup for Email Alerts