Utah has nabbed another business accolade. The second-annual Thumbtack.com Small Business Survey undertaken in partnership with the Ewing Marion Kauffman Foundation, a nonprofit organization dedicated to promoting entrepreneurship, ranks Utah as the best state for small businesses.
Utah also recently was named the Best State for Business three years in a row by Forbes Magazine.
Thumbtack, a website that provides referrals to homeowners and others who need to hire professional service providers, make these observations:
- Small business operators believed Utah deserved an "A" grade for its business-friendly regulations.
- They awarded the state and "A+" for the ease of starting a new business.
- They presented Utah with an "A-" for the friendliness of its tax code for small businesses.
- Utah deserves to be ranked at the top because of its pro-business climate, said Linda Muir, director of the Center for Entrepreneurship at Westminster College in Salt Lake City.
- "We have a culture of self-reliance here that leads many of the state's residences, including those who are college age, to want to start their own businesses.