10 Best States for Business 2012: Slideshow

No. 1

Texas is the Best State for Business 2012

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Development Trend Indicator—Neutral
Still a leading jobs magnet, but persistent drought pinches many businesses.
CEO Comments
“No personal income tax is a plus in Texas.”

“North Dakota and Texas clearly provide the best business climate due primarily to limited and sensible regulations and taxation.”

“Poor governorship in Wisconsin, Michigan, Ohio, Texas, and others, results in negative international press attention, a contentious environment, hostile unions, ineffective work force training, and marginal support services.”

“Texas – what else needs to be said – great people, low tax, low regulation, great central location.”

“Texas continues to be a state where we will expand.”

“Texas continues to develop and grow businesses. The State attracts Top level talent across the income divisions. Laws and taxation are creating opportunities that benefit expansion and job growth.”

“Texas is extremely business friendly. Virginia is also excellent for business. Between the two they provide excellent options to relocate a business and grow the business.”

“The lack of government interference in Texas makes it an ideal state for business.”

“We are moving our headquarters from Oregon to Texas. We looked at all of the other surrounding states to Oregon and found that in order to get pro business environment, quality workforce and great living environment we needed to move into the southern US.”

“Weather, time zone, politics, airport, taxes all make Texas best.”

Click here to see an in-depth analysis of the Best/Worst States for Business 2012

 

No. 2

Florida is the 2nd Best State for Business 2012

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Development Trend Indicator—Positive
New tax relief—and boosterish Gov. Scott—excite owners and executives.
CEO Comments
“Florida is getting much better.”

“Florida is not that banker friendly. The foreclosure process takes several years on average and this is holding their recovery back.”

“Florida has a bad business environment for insurance companies with tough regulations.”

“I am a one-woman business. The only things important to me are weather/climate and status of state income taxes. Florida nor Texas have state income taxes, and they have great weather—with El paso topping everything.”

“The Carolinas, Florida, and Texas have become very business friendly, with excellent workforces, high quality of life, and moderate cost of living.”

“Florida is now the worst state for third party bad faith. Trial bar is running the state. Citizens Insurance is a major problem that could bankrupt the state if a major disaster hits Florida.”

Click here to see an in-depth analysis of the Best/Worst States for Business 2012

 

No. 3

North Carolina is the 3rd Best State for Business 2012

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Development Trend Indicator—Negative
Stalled recently on issues including tort reform, school funding and taxes.
CEO Comments
“North Carolina appears to have a good balance between taxes/regulation and work environment/resources.”

“Texas and North Carolina are easy to work with but NC taxes are beginning to cause us to look elsewhere.”

Click here to see an in-depth analysis of the Best/Worst States for Business 2012

 

No. 4

Tennessee is the 4th Best State for Business 2012

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Development Trend Indicator—Neutral
Business community awaits substantial unemployment-insurance reform.
CEO Comments
“Recently moved from New York state to Tennessee. Differences in ambience/climate/cost of living/attitude of government towards business are outstanding!”

“Good states have quality work force, affordable housing, good infrastructure and business friendly regulations with low income taxes, none of these apply to Illinois or California but do so in Tennessee and Texas.”

Click here to see an in-depth analysis of the Best/Worst States for Business 2012

 

No. 5

Indiana is the 5th Best State for Business 2012

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Development Trend Indicator—Positive
Becoming right-to-work state already making it a bigger magnet for business.
CEO Comments
“Taxes need to be low, regulations need to be minimal, and absence of unionization. Indiana just became a right-to-work state, and that clinches their status.”

“I applaud what Wisconsin and Indiana are trying to do. As a “Badger”, I’m hopeful Gov. Walker is allowed to complete his term and I hope that the Right to Work legislation takes effect in Indiana.”

“Indiana is centrally located, has a balanced budget and excess reserves on hand, is a low overall tax environment, is business friendly and is now a right to work state. If you want to locate in the Midwest, there is no other state in its class.”

“Indiana is like a breath of fresh air. I have operated on both coasts, the southeast, and Chicago, and Indiana is where I will keep my manufacturing operations.”

“Indiana’s workermens compensation laws and insurance costs are very good. Illinois’s workermens compensation laws and insurance costs are anti-business and very expensive.”

“Ohio, Indiana & Texas are very pro business in many areas.”

Click here to see an in-depth analysis of the Best/Worst States for Business 2012

 

No. 6

Virginia is the 6th Best State for Business 2012

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Development Trend Indicator—Positive
Has focused on entrepreneur-friendliness and leveraging higher-ed advantages.
CEO Comments
“California is a mess. Virginia is tops for governance and attractiveness to business. Colorado is great for living and governance. Only problem is not on a coast.”

“Texas is extremely business friendly. Virginia is also excellent for business. Between the two they provide excellent options to relocate a business and grow the business.”

“It’s not only low taxes; it’s a bi-partisan environment that views business as positive and works to address issues. Virginia is terrific at this.”

Click here to see an in-depth analysis of the Best/Worst States for Business 2012

 

No. 7

South Carolina is the 7th Best State for Business 2012

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Development Trend Indicator—Neutral
Is now tackling reform of taxes, worker’s comp and unemployment insurance.
CEO Comments
“New York is moving in the right direction. I would expect them to move up in coming years. Texas, North and South Carolina are in a class by themselves.”

“The tax and regulation climate in Illinois has become stifling. Add to that the additional taxes of being in the city of Chicago, and it makes it difficult to stay here. California is a basket case, and we do all we can to avoid being there. The tort bar in South Carolina is very difficult, and nuisance lawsuits are out of control in that state.”

Click here to see an in-depth analysis of the Best/Worst States for Business 2012

 

No. 8

Georgia is the 8th Best State for Business 2012

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Development Trend Indicator—Positive
More conservative statehouse holds line on taxes; workforce becomes major plus.
CEO Comments
“Georgia has high premium taxes.”

“Georgia is a great place to do business, the airport the weather the cost of living. Good talent pool to pick from.”

“Georgia understands business needs, even industry specifics, and goes all out in ensuring the atmosphere is staged for business success.”

Click here to see an in-depth analysis of the Best/Worst States for Business 2012

 

No. 9

Utah is the 9th Best State for Business 2012

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Development Trend Indicator—Neutral
Ground-breaking health-insurance exchange is big new risk in business-friendly state.
CEO Comments
“Texas and Utah actively support business development. New Hampshire is coming on strong. If they can ever institute “Right to Work” legislation, they could rise to number one.”

“Would love to live and retire in Texas, Utah or Idaho due to quality of life, west of the Mississippi, Not gun restrictive and in Utah and Idaho’s example, limited population.”

Click here to see an in-depth analysis of the Best/Worst States for Business 2012

 

No. 10

Arizona is the 10th Best State for Business 2012

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Development Trend Indicator—Positive
Entrepreneurial activity surges as companies hope for personal-property tax relief.
CEO Comments
“Arizona has poor education rating, a Right to Work Law that has employees paid poorly & a very high turn over rating in good times & bad. Many are over qualified for most jobs because AZ employers do not want to hire or give decent pay to live on if you are a Ph.D. &/or have more than 5 years of experience.”

“Arizona only appears on the surface to be business friendly – for micro mainstreet businesses they appear to do their best to make it difficult to do business in this state – counties and cities are difficult to work around.”

“Arizona provides the best bottom line operating environment and the least regulation – so that business needs get met. It’s an overlooked west coast location.”

 

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