Across the board, Virginia’s business climate received flawless ratings. From the ease of starting a business to training and networking programs, the state of Virginia has improved in almost all categories.
On April 19, Thumtack.com, in partnership with the Ewing Marion Kauffman Foundation, released their second annual Thumbtack.com Small Business Friendliness Survey showing that Virginia continues to be a top state for small businesses. On the whole, the survey ranks the friendliness of states and cities towards small businesses. The rankings are based on a survey of more than 7,700 real small business owners nationwide. Virginia excelled, earning an overall ‘A’ grade - a repeat of its ‘A’ grade from last year and moving up to #6 in the rankings for overall business friendliness.
The Thumbtack.com Small Business Friendliness Survey is the only survey to obtain data from an extensive, nationwide universe of job creators and entrepreneurs in order to determine the most business-friendly locations. While there are various “business climate rankings” that rate locations as good or bad for business, there are no others that draw upon considerable data from small business owners themselves. Accordingly, the survey asked questions about the friendliness of states and cities toward small business, such as:
“For the second year, Virginia set an outstanding example of providing a supportive environment for small business,” said Sander Daniels, co-founder of Thumbtack.com. “Our research with thousands of small businesses points to the importance of clear and consistent regulations and relevant training programs, and these are exactly the areas where Virginia excels.”
Some of the key findings for Virginia include:
“It is critical to the economic health of every city and state to create an entrepreneur-friendly environment,” said Dane Stangler, director of Research and Policy at the Kauffman Foundation. “Policymakers put themselves in the best position to encourage sustainable growth and long-term prosperity by listening to the voices of small business owners themselves.”
The full survey results can be seen here and include full sets of rankings, regional comparisons within states, and Census data comparing Virginia's key demographics against those of other states.