Another Report Card, Another Failing Grade for Minnesota

Date: September 10, 2015

A recent survey highlights some of the state’s lingering problems.

report card might look familiar: It’s the second time in just a few months that
the tax climate has received an F.

recent Thumbtack survey, which mirrors an earlier report card, polled more than
11,000 small businesses nationwide and ranked states according to the responses
from 18,000 small business owners. The new survey broke down results into two
categories: business friendliness and business sentiment. 

overall friendliness, Minnesota received a C+, down from a B last year. In the
business sentiment category, Minnesota ranked 22nd in the nation as
small business respondents said they had a somewhat positive outlook in the

Report Highlights

is not bad in Minnesota. In terms of business friendliness, the state got an A-
for its ease of starting a business and for training and networking programs. 

doesn’t quite put Minnesota on the honor roll, though. In addition to the
aforementioned F for its tax code, the state received a D+ for regulations,
health and safety, environmental, and employment, labor, and hiring. Minnesota
also received a D for licensing. 

on 60 responses from the survey, here are Minnesota’s top five problems, ranked
from its biggest to lowest:

Access to credit

Cost/quality of labor


Access to healthcare or health costs

Interest rates

Related Content: Small Business News | Economy | Minnesota

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