In a recent survey by Thumbtack.com, cities such as Oklahoma City, Oklahoma, Dallas-Fort Worth, Texas, San Antonio, Texas and Austin, Texas, were given the highest marks for business-friendly regulations.
As reported by the
Wall Street Journal, approximately 6,000
small businesses owners took part in the survey, where they were asked to measure “overall regulatory friendliness” in such areas as environmental and labor rules, health and safety codes. All of which are essential for entrepreneurs to know that are in the market to
buy a business.
Oklahoma City received the highest marks when businesses were asked about in the survey regarding hiring costs, networking programs and regulations toward licensing. Dallas-Fort Worth, San Antonio and Austin followed for having the least cumbersome regulations toward small business owners. States such as South Carolina also ranked high in business regulation-friendly environment for those looking into
buying a business in that area.
If you’re a business owner or are looking to
own a business, how business friendly is your area regarding regulations and taxes?