Illinois' Small Business Friendliness Notches a Failing Grade

Date: September 02, 2015

When it comes to starting or growing a small business, Illinois doesn’t provide the best soil.

According to a new survey by Thumbtack, the state received  “Fs” for “overall friendliness,” “ease of starting a business,” “employment, labor & hiring,” “tax code,” and “licensing.” That’s not to mention a number of “Ds” and other less-than-stellar marks for small business-related metrics.

“Small business owners on Thumbtack have consistently told us that they welcome support from their government but are frequently frustrated by unnecessary bureaucratic obstacles,” said Jon Lieber, chief economist of Thumbtack.com. “Given that there is a crisis of entrepreneurship in the United States, seen in the broad collapse of self-employment across industries and states, creating the right environment for business start-ups is more important than ever.”

The study accumulated data from 18,000 small business owners across the country, including many across Illinois.

Illinois was among the lowest performing states in the study, along with California, Connecticut and Rhode Island.

Related Content: Small Business News | Economy | Illinois

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