South Dakota is the most entrepreneur friendly state in the nation, reports Northern Plains News.
This month, the Small Business & Entrepreneurship Council
released its 19th annual "Small Business Policy Index 2014: Ranking the States on Policy Measures and Costs Impacting Small Business and Entrepreneurship." Find the full report
online and attached to this post.
The Index ranks the 50 states according to 42 different policy measures, including a wide array of tax, regulatory and government spending measurements.
The most entrepreneur-friendly states under the "Small Business Policy Index 2014" are:
- South Dakota
- North Dakota
"Top-tier policy states like Texas, Nevada, South Dakota, Florida and Wyoming continue to leverage their long-standing policy advantage and are doing things to get even better," said SBE council president and CEO Karen Kerrigan.
In contrast, according to the Index, the most negative policy environments for entrepreneurs are:
40. Rhode Island
48. New York
49. New Jersey