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Ranking the Entrepreneurial States: South Dakota Down to DC
South Dakota was recently named the most entrepreneur friendly state in the Small Business Survival Index http://www.sbecouncil.org/uploads/SBSI2009.pdf put out each year by the Small Business & Entrepreneurship Council. The 2009 edition again ranks the policy environment of all 50 states plus the District of Columbia – which again finished last.
The fourteenth annual index examines 36 major government-imposed or government-related costs impacting small businesses and entrepreneurs — with a heavy emphasis on various tax rates (e.g. personal, corporate, capital gains, property, sales) and regulatory costs.
The top states? (in order from 1st – 10th)
* South Dakota
* Nevada
* Texas
* Wyoming
* Washington
* Florida
* South Carolina
* Colorado
* Alabama
* Virginia
The bottom?
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