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This is Marty Carpenter of the Salt Lake Chamber with your Utah Business Report.
When it comes to small business friendliness, Utah trumps all other states, according to the Thumbtack.com Small Business Friendliness Survey. The newest results were released recently and Utah jumped from the fourth spot in 2012 to number one.
Utah got an A-plus in overall friendliness and ease of starting a business. Our state garnered high scores. In fact, our lowest score was a B in ease of hiring. The Beehive State also received high marks for the training and networking programs available to small businesses.
Salt Lake City, in particular, earned an A grade for its overall small business friendliness and is ranked as the seventh easiest city to start a business.
There were a few key findings that Thumbtack took from the survey. Two of the most important factors for starting a small business were the professional licensing requirements and the ease of obtaining health insurance. One-third of small business owners cited that it was very difficult to get and retain health insurance.
The Thumbtack.com survey revealed that for most businesses, simple licensing regulations and helpful training programs are even more important to success than tax rates.
This is Marty Carpenter for KSL News Radio.
