MONTGOMERY — A website that connects customers with local professionals announced results from its annual small business survey which gave Alabama an A-.
The website Thumbtack released findings from its “2018 Small Business Friendliness Survey” which ranked Alabama 12th in terms of business friendliness in all 50 states. That’s 10 spots better than last year, when it ranked 22nd and received a B+. As a comparison, Alabama scored higher than Mississippi (B), but lower than Georgia (A).
The survey ranks all 50 states, as well as 57 cities, based on factors including license requirements, tax regulations and labor and hiring regulations.
“Small business entrepreneurs are creating sustainable jobs, and policymakers must continue to empower this segment of the workforce,” said Lucas Puente, Lead Economist at Thumbtack. “It is critical for local, state, and federal governments to support small business owners as they adapt to rapid change and innovation in today’s economy.”
Based on the evaluations, Thumbtack also assigned eight policy-specific grades to evaluate how easy local governments make it to start, operate, and grow a small business.