With North Carolina's business climate a hot topic in the governor's race, there is a new survey that gives the state so-so grades for its climate for small businesses.
The survey was conducted by Thumbtack.com of San Francisco in partnership with the Kauffman Foundation. It interviewed 6,000 small business owners across the country. Unlike groups which have an agenda, like the Tax Foundation, an anti-tax group, Thumbtack says its not aligned with any particular cause.
The survey found that North Carolina ranked 26th in overall small business friendliness with Thumbtack giving it a grade of C plus. North Carolina was ranked 27th in the ease of starting a small business giving a grade of C. It was graded 10th in the cost of hiring a new employees giving it a grade of A minus. It was ranked 31st in regulatory friendliness giving it a record a grade of C minus. It was ranked 27th in friendless of health and safety regulations or grade C. It was ranked 38th in friendliness of employment, labor and hiring regulations or a grade of D.
North Carolina was ranked 34th in friendliness of tax code for a grade of D plus, 33rd in friendliness of licensing regulations or C minus, 25th in friendliness of environmental regulations or C plus, 25th in zoning regulations or C plus, 38th in publicity of training programs or a D; 25th in publicity of networking programs or a C plus, 27th in current economic health of small business, 25th in change in revenue over the past 12 months, and 22nd in forecast of small business's future economic health.
In regional rankings, Texas is first while North Carolina is next to last ahead of only Florida.