Springs ranked top in friendliness for small business

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business womenColorado Springs was rated the most friendly city in the country toward small businesses, by Thumbtack.com and the Ewing Marion Kauffman Foundation.

More than 12,000 entrepreneurs nationally participated in the survey. The Thumbtack.com small business friendliness survey was the largest survey of its kind and is the only one to obtain data from a national sample of small business owners to determine the most business-friendly locations.

After a two-month survey of thousands of small business owners nationwide, Colorado Springs took the top spot out of 82 cities that we looked at for its friendliness towards small business,” said Jon Lieber, chief economist of Thumbtack.com. “Creating a business climate that is welcoming to small, dynamic businesses is more important than ever, and policy-makers in Colorado Springs have done a great job understanding and responding to the needs of small businesses.”

Some of the key findings for Colorado Springs – and Colorado generally – include:

Colorado Springs dominated the ratings like very few cities, earning eight A+ grades and three A grades across the 11 metrics rated.

Colorado Springs had the friendliest licensing rules in the country and the highest rate in the nation for the overall friendliness of regulations.

Two other Colorado cities made the list. Fort Collins was rated 24th for friendliness to small business and Denver was rated 28th.

Male business owners in Colorado Springs were significantly more likely to have an optimistic view of the local economy than female business owners, reporting scores that were 17 percent higher on average.

Small businesses in Colorado Springs were the third happiest in the country with their tax burden, with 69 percent reporting they paid the right share of taxes.

After Colorado Springs, the top rated cities overall were Boise, Houston, Austin and Louisville.

The lowest rated cities were Sacramento, Providence, Buffalo, Bridgeport and San Diego.

To view the nationwide results:


One Response to Springs ranked top in friendliness for small business

  1. Colorado Springs will patronize and support your business if you are part of a national franchise. If you are a small local business then your job just got exponentially more difficult.

    Steven Shepard
    June 10, 2014 at 12:04 pm