Study ranks Seattle at 125th in the country.
Washington’s cities fared poorly on a new list of best places to start a business. Of the 150 biggest U.S. cities, WalletHub rated Tacoma as 116th for entrepreneurs, Seattle as 125th and Vancouver as 132nd. Only Spokane, at 40, was in the top half of the list.
The best city for starting a business was Shreveport, Louisiana, and the worst was Newark, New Jersey. Portland came in at 139th.
The study took into account a variety of factors: accessibility of financing, affordability of office space, employee availability, median annual income, corporate taxes, cost of living, length of average workday, workforce education, entrepreneurial activity, five-year establishment survival rate, number of small businesses per capita, industry variety and the Small Business Friendliness Index.
In another recent study, WalletHub rated the top 65 best-run big cities in the country. The only Washington city on the list, Seattle, came in at 49th.
