Survey: Idaho 'Friendliest' State for Small Business


Idaho tops the list of the latest rankings of the nation's friendliest states for small businesses. A new poll, released this morning by and the Kauffman Foundation, ranked Idaho, Texas, Oklahoma, Utah and Louisiana as the top five. Idaho, Texas, Oklahoma and Utah all scored an "A+," while Louisiana scored an "A."

Rankings were based on how small businesses rated their state's support, the ease of starting a new business and whether they would encourage other businesses to do the same.

Idaho won "A+" scores for "friendliness of tax code" and "state regulations." But Idaho pulled down a "D" for new-employee hiring costs.

The survey indicated the least friendly states to small businesses were Rhode Island, Vermont, Hawaii, California and New York.