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Virginia ranked 4th in nation for small-business friendliness

By Alison Parker, aparker@wdbj7.com
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.

ROANOKE, Va. -

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 Thumbtack.com 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.