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Virginia ranked 4th in nation for small-business friendliness

Published On: Aug 06 2014 08:59:03 AM EDT   Updated On: Jun 23 2014 07:18:36 AM EDT

Virginia was ranked 4th in the country for small-business friendliness.


Perhaps some good news for local entrepreneurs -- Virginia has been ranked as the fourth most small business-friendly state in the nation.

That's according to a survey that and the Ewing Marion Kauffman Foundation administered.

The organizations surveyed more than 12,000 small business owners across the U.S., questioning them in categories such as ease of starting a business, health and safety, zoning, taxes and licensing.

Using a rating scale, business owners answered questions such as:

  • "In general, how would you rate your state's support of small business owners?"
  • "Would you discourage or encourage someone from starting a new business in your state?" and
  • "Do you think you pay your fair share of taxes?"

Virginia ranked in the top five states along with Utah, Idaho, Texas and Louisiana. According to the survey results, the lowest-rated states were Rhode Island, Illinois, California, Connecticut and New Jersey.

To read the full methodology, click here. To see a summarized version of results for Virginia, click here.