When it comes to growing a small businesses, the state of Indiana provides good soil.
That’s according to the fourth annual Thumbtack.com Small Business Friendliness Survey. It’s a nationwide study of 18,000 small business owners aimed at assessing the state’s economic performance on 11 different metrics, from “ease of starting a business,” for which the state received a “B,” to “zoning, for which the state received an “A-.”
Indiana received a B+ overall, an uptick from it’s B- last year. In 2012, the first year of the survey, the state scored a B+, too. This year’s metrics included a “A-“ for the state’s “regulations,” a “C” for “ease of hiring,” and a “B+” for its tax code.
Texas, New Hampshire, Utah, Louisiana, and Colorado owners ranked their states as the most friendly to small business. Meanwhile, states such as California, Connecticut, Illinois, and Rhode Island received “Fs.”
“Small business owners on Thumbtack have consistently told us that they welcome support from their government but are frequently frustrated by unnecessary bureaucratic obstacles,” said Jon Lieber, chief economist of Thumbtack.com. “Given that there is a crisis of entrepreneurship in the United States, seen in the broad collapse of self-employment across industries and states, creating the right environment for business start-ups is more important than ever.”