Tuesday, August 18, 2015

Nashville Scores A+, Ranks in Top 10 Cities Nationwide for Small Business Friendliness

Manchester, Dallas, and Richmond top rankings in Thumbtack annual Small Business Friendliness Survey; New York City, Los Angeles, and Chicago among the least friendly cities
SAN FRANCISCO, Calif. -- August 18, 2015 -- Small business owners rated Nashville as one of the best business climates in the United States, giving the city an A+ for business friendliness and rating it in the top ten nationally, according to Thumbtack’s annual Small Business Friendliness Survey. Complete results for Nashville are published at https://www.thumbtack.com/tn/nashville/.
Nearly 18,000 U.S. small business owners responded to this year’s survey, including 138 in Nashville and 316 in Tennessee. The study asked respondents to rate their state and city governments across a broad range of policy factors. Thumbtack 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. “Nashville did incredibly well in our survey across various measures of starting and running a business, but business owners tell us the city could do more to help them succeed.”
“The community in Nashville is very close and supportive of small businesses,” commented a graphic designer in Nashville. “There is a large amount of freedom and creativity here that everyone supports.”

Key Findings for Nashville:

  • Nashville earned a A+ overall for small business friendliness, ranking #6 out of 95 cities ranked this year.
  • Nashville's exceptional A+ in the 2015 survey was an improvement from its A grade in 2014.
  • Nashville earned A grades from small businesses for licensing and tax regulations, and an A+ for ease of starting a business.
  • Tennessee earned an A+ for its licensing regulations, as well as an A for tax and labor regulations.
  • The worst score for Nashville was a C- in training and networking programs.
  • Nashville and Knoxville both earned A+ grades in overall friendliness and ranked #6 and #5 respectively.

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