For the third year in a row, Thumbtack.com has partnered with the Kauffman Foundation to conduct a survey of small businesses nationwide. With this particular survey, the goal is to learn what small businesses believe is a healthy political a regulatory climate by having them rate how it is to do business where they live. The survey aims to learn what creates a healthy, vibrant local business environment by asking owners & operators directly about these issues in the cities in which they live.
Here’s what people are saying about the Fort Worth business climate:
“The State of Texas is a great place to live and do business. I formerly lived in California and there is no comparison.” – Builder, Hurst
“The local and state governments make it easy to register and keep up with taxes. Sales tax can be paid online each quarter with minimal to no paperwork.” – Videographer/Photographer, Hurst
“I cannot imagine expanding my business beyond where it is today because I could not keep up with government regulations.” – Psychic Medium, Flower Mound
“Forming a business is fairly straightforward, but keeping a business can be somewhat of a hardship after taxes are paid and contract workers are hired.” – Photographer/Designer, Fort Worth
Categories on the survey include:
Overall Friendliness – “In general, how would you rate your state’s support of small business owners?”
Ease of Starting a Business – “How difficult or easy do you think it is to start a business in your state?”
Ease of Hiring – “How difficult or easy is it to hire a new employee at your business?”
Regulations – “How unfriendly or friendly is your state or local government with regard to business regulations generally?”
Health & Safety – “How unfriendly or friendly is your state or local government with regard to health and safety regulations?”
Employment, Labor, & Hiring – “How unfriendly or friendly is your state or local government with regard to employment, labor and hiring regulations?”
Tax Code – “How unfriendly or friendly is your state or local government with regard to tax code and tax-related regulations?”
Licensing – “How unfriendly or friendly is your state or local government with regard to licensing forms, requirements, and fees?”
Environmental – “How unfriendly or friendly is your state or local government with regard to environmental regulations?”
Zoning – “How unfriendly or friendly is your state or local government with regard to zoning or land use regulations?”
Training & Networking Programs – “Does your state or local government offer helpful training or networking programs for small business owners?”
According to Thumbtack, some of the key findings for Fort Worth include:
• Small business owners rated Fort Worth's tax code as the second friendliest in the country.
• Five Texas cities made the top ten for overall business friendliness - Houston (#3), Austin (#4), Dallas (#6), Fort Worth (#7), and San Antonio (#8).
• Small business owners gave Fort Worth an A+ for its regulations, including an A+ for health and safety regulations and the tax code.
• Fort Worth had an unusually high portion of businesses - 18% - that had only been operating for one year.
• Fort Worth earned a D+ for ease of hiring, one of the worst grades in the nation (rating at 67th out of 82) and the worst grade in Texas.
For more information about the survey & to review its full methodology and analysis from the link below:
2014 Thumbtack.com Small Business Friendliness Survey: Methodology & Analysis