Small Business Finance News
SBE Council Released 'SMB Survival Index 2009'
Written by Jenna Weiner
The SBE Council released its Small Business Survival Index 2009, ranking states according to SMB-friendly policies.
In recent news for entrepreneurs, the Small Business & Entrepreneurship Council recently released its 14th annual rankings of states according to their public policy climates for small business and entrepreneurship in The Small Business Survival Index 2009: Ranking the Policy Environment for Entrepreneurship Across the Nation.
The Small Business Survival Index takes into account taxes, various regulatory costs, government spending, property rights, health care costs, and more to determine which states are truly SMB-friendly. The SBE Council believes these factors are critical to the competitiveness of each state and to the health of SMBs.
The SBE Council believes this information should matter not only to SMB owners, but also to the general public. According to SBE Council chief economist Raymond J. Keating, author of the study, " If we want to get our economy back on a solid, robust growth track, then we need pro-entrepreneur policies at the federal, state and local levels."
SBE Council members - and SMB owners - might be interested to know that the Administration does have plans to help SMBs at the federal level. In an upcoming National Press Club luncheon, Karen Mills, the head of the U.S. Small Business Administration, will discuss the Administration's efforts to boost the small business sector to drive economic recovery.
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