Michigan Improves Small Business-Friendliness Ranking

Date: April 19, 2016 Last Edit: April 21, 2016

Report: State climbs two places thanks to tax and fiscal climate.

Michigan Improves Small Business-Friendliness Ranking

comeback continues, and it has landed the state on a list of the most
entrepreneur-friendly states in the nation.

ranked the 12th friendliest state in the nation on the Small Business Policy
Index 2016, an annual report published by the Small Business &
Entrepreneurship  Council scoring a 65.499, just ahead of Utah (No. 13)
and behind Colorado (No. 11).

survey uses 50 measures, of which 25 are tax-related, 18 focus on rules and
regulations, five address fiscal issues and two focus on government

year’s ranking represents an increase for Michigan, which ranked No. 14 on the most recent
SBE Council report.

Small Business Policy Index provides the most comprehensive comparison of state
policies that affect entrepreneurship, small business and investment,” said
Raymond J. Keating, SBE Council’s chief economist and author of the study. “And
make no mistake, tax, regulatory, government spending and other governmental
performance and cost measures matter state by state. They have real impacts not
only on entrepreneurship, investment, small businesses and their workers, but
naturally therefore, on the overall economy of each state.”

are the top 12 states:

  1. Nevada
  2. Texas
  3. South Dakota
  4. Wyoming
  5. Florida
  6. Washington
  7. Alabama
  8. Arizona
  9. Ohio
  10. Indiana
  11. Colorado
  12. Michigan

full report is available here.

Related Content: Small Business News | Economy | Michigan | Taxes

Subscribe For Free News And Tips

Enter your email to get FREE small business insights. Learn more

Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Learn More

Or call us today

© 2001 - 2022 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy