03/28/2024
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NC-got-a-B-SAN FRANCISCO, Calif. — August 25, 2015 — Small business owners gave North Carolina a B- for its business friendliness, with B+ grades for labor regulations and ease of hiring, according to Thumbtack’s annual Small Business Friendliness Survey. Complete results for North Carolina will be published at https://www.thumbtack.com/nc/.

Nearly 18,000 U.S. small business owners responded to the survey, including 633 in North Carolina. The study asked respondents to rate their state and city governments across a broad range of policy factors. Thumbtack.com then evaluated states and cities against one another along more than a dozen metrics.

“Small business owners on Thumbtack have consistently told us that they welcome support from their governments but are frequently frustrated by unnecessary bureaucratic obstacles,” said Jon Lieber, Chief Economist of Thumbtack. “North Carolina struggled this year in the ease of starting a business, which dragged its score down below the average of neighboring Southern states.”

“Doing business in North Carolina is both easy and hard,” commented a computer repair specialist in Charlotte. “While regulations and taxes are lower than the rest of the country, finding the resources to interpret the tax code and regulation laws is difficult.”

Key Findings for North Carolina:

  • North Carolina performed better in 2015 than it did in 2014, when it ranked #21 and earned a C+ overall.
  • North Carolina’s best scores included a B+ for ease of hiring, as well as B+ grades for both its labor and zoning regulations.
  • Durham, NC came in strong with an A- grade for overall friendliness, while Winston-Salem finished towards the bottom with an overall score of an F.
  • North Carolina’s worst score was a C+ for ease of starting a business.
  • Neighboring South Carolina earned an overall friendliness score of an A and ranked #11 nationally.

For the complete press release click here.

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