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Wednesday, October 25, 2017
F is for Fail: 2017 Honolulu Small Business Friendliness
By Selected News Articles @ 2:25 PM :: 5206 Views :: Hawaii Statistics, Small Business

2017 Thumbtack.com Small Business Friendliness Survey

From Thumbtack.com October 24, 2017

The 2017 Thumbtack.com Small Business Friendliness Survey polled over 13,000 small business owner-operators from across the country on their policy preferences and evaluations of their state and local governments. With this survey data, we provide three novel contributions.

First, we grade 50 states and 80 metropolitan areas on 12 dimensions, ranging from overall business friendliness to more specific measures, such as the friendliness of an area’s labor regulations. Second, we use econometric procedure known as dominance analysis to determine what small businesses want most from their state and local governments. This exercise revealed that licensing requirements and tax regulations are single biggest determinants of small businesses' evaluations of their local and state governments, respectively.

Finally, we use regression analysis to determine how improving along different policy measures affects perceptions of overall friendliness. These results indicate that, among other things, requiring a service provider to hold a license is only negatively correlated with friendliness evaluations if that license is also seen as being difficult to comply with.

With these results, we look forward to working with state and local officials to help improve policy conditions for small businesses across America.

read … Full Report

2017 Honolulu Small Business Friendliness

F Overall friendliness

F Ease of starting a business

D Ease of hiring

F Regulations

F Health & safety

F Employment, labor & hiring

F Tax code

F Licensing

B- Environmental

F Zoning

D+ Training & networking programs

C Government websites

Link: Compare 2012, 2013 and 2017 Results for Honolulu

2017 Hawaii Small Business Friendliness

C- Overall friendliness

F Ease of starting a business

D Ease of hiring

F Regulations

D+ Health & safety

F Employment, labor & hiring

F Tax code

F Licensing

D Environmental

F Zoning

F Training & networking programs

B+ Government websites

Link: Compare 2012, 2013 and 2017 Results for Hawaii

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