Vermont government policy gets an 'A-' from local small business owners

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Vermont government policy gets an 'A-' from local small business owners

Tue, 10/24/2017 - 9:50am -- tim

Vermont Business Magazine Today Thumbtack released the grades from its 2017 Small Business Friendliness Survey, the largest continuous study of small business perceptions of government policy in the US. On overall small business friendliness, Vermont ranked 16 (out of 50), earning an "A-"; in 2012 the state received an "F." Much of Vermont's high ranking this time relative to other states, despite many bad grades on other measures, is due to the excellence of its government web sites. Thumbtack also assigned 12 policy-specific grades, ranging from licensing requirements, tax regulations, health and safety rules and labor regulations. Thumbtack surveyed more than 13,000 small business owners in 50 states and 80 cities to evaluate how easy state and local governments make it to start, operate and grow a small business. Thumbtack is an app and website that finds small businesses local professionals (pros) for any project

"The small business owners we heard from in Vermont were 2% more positive about their state’s support for small businesses than the national average, leading to their A- grade overall," said Thumbtack Economist Lucas Puente, PhD. "And compared to nearby states, such as New Hampshire (A) and Massachusetts (A-), Vermont did similarly."

There are 250,000 pros working on Thumbtack per quarter, across 1,000 different categories, serving customers in every county in the U.S. Compared with American small businesses overall, the small business professionals who use Thumbtack are more diverse across race and gender, and more likely to own a business at a younger age. They are evenly divided across the political spectrum of Democrats, Republicans and Independents. Additionally, more than four-in-five small business owners who use Thumbtack say they "love what they do," far more than the national average of workers.

For more details about the report and the full set of results for Vermont visit Thumbtack.com/VT.

Survey Methodology
Between July 26, 2017 and September 6, 2017, Thumbtack Economist Lucas Puente, PhD, surveyed 13,284 skilled professionals from across the U.S., operating across hundreds of categories, including as electricians, music teachers, wedding planners, wellness professionals and more. The survey asked these entrepreneurs about the policies of their states and cities toward small business, as well as the overall level of support in their community. For the survey methodology, please visit: https://www.thumbtack.com/survey.
 
About Thumbtack
Founded in 2009, Thumbtack created an inventory system for local services that can automatically match a customer with a specific need to a qualified local pro for the job. Offering 1,000 different categories, Thumbtack helped customers complete 25 million jobs – from plumbing, to catering, to personal training and math tutoring – generating over $1 billion in earnings to pros in 2016. Founded in 2009 and headquartered in San Francisco, Thumbtack is backed by Sequoia Capital, Google Capital, Tiger Global Management, Javelin Investment Partners and Baillie Gifford. For more information, please visit: www.thumbtack.com.

SAN FRANCISCO, October 24, 2017Thumbtack