According to the Thumbtack Small Business Friendliness Survey, New Hampshire is the best state for a woman to open a small business. New Hampshire also ranked as the second friendliest state for both male and female entrepreneurs. Texas took the top spot overall and came in second for women-owned businesses.
The researchers surveyed 18,000 small business owners across the United States, and using responses to questions about local tax laws, regulatory environments, licensing rules, and training and networking opportunities for businesses, they ranked all 50 states in terms of how “friendly” they are to small business owners.
Based on the research results, the top 10 states for women-owned small businesses are:
- New Hampshire
- South Carolina
The top 10 states for small businesses overall (owned by men or women) are:
- New Hampshire
You can check out the interactive map to see how your state ranked.
The survey also ranked the top concerns that women business owners have. According to the data, the top three issues are tax regulations, training opportunities, and labor rules. And when asked what the top priorities for the federal government should be, women ranked federal budget deficit, health care costs, and unemployment and the job market in the top three spots.
What state is your business in? Are you satisfied with the local tax laws, regulatory environment, and licensing rules in your state? What has your experience been with the opportunities for training and networking in your state? Are you satisfied? Leave a comment and share your opinion.