Viva, Las Vegas.Interested in starting a small business, or joining one? Head for Nevada, and steer steer castrated male cattle beast over a year of age. See also bullock, buller steer. steer bulling see bulling. steer Medtalk verb clear of Washington, D.C., says an advocacy group for smaller firms. Those sites finished first and last, respectively, in a recent survey by the Small Business Survival Committee (SBSC SBSC Small Business Survival Committee SBSC Small Business Support Center (DARPA) SBSC Sprint Business Service Center SBSC Single Base, Single Collector SBSC Scenario-Based Stochastic Program ). The group's sixth annual rankings of the states based on their respective policy climates for small business and entrepreneurship en·tre·pre·neur n. A person who organizes, operates, and assumes the risk for a business venture. [French, from Old French, from entreprendre, to undertake; see enterprise. appears in the Small Business Survival Index 2001. "In an increasingly mobile and competitive national economy, differences in government-imposed costs of doing business can make a huge difference between whether a state grows economically or falls behind," adds SBSC president Darrell McKigney. The index ties together 17 major government-imposed or government-related costs (many tax-related) impacting small businesses and entrepreneurs across a broad spectrum of industries and types of businesses. They are: personal income taxes, capital gains taxes, corporate income taxes, property taxes, sales taxes sales tax, levy on the sale of goods or services, generally calculated as a percentage of the selling price, and sometimes called a purchase tax. It is usually collected in the form of an extra charge by the retailer, who remits the tax to the government. , death taxes, unemployment taxes, health insurance taxes, electricity costs, workers' compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work. costs, crime rates, right to work status, number of bureaucrats, tax limitation status, Internet taxes Before these efforts could gain much headway, however, the United States Congress preempted virtually all conceivable forms of Internet taxation. The purpose of the 1998 Internet Tax Freedom Act was to nip in the bud these incipient taxation efforts. , gas taxes, and state minimum wages. These measures are combined into one index number, with a lower number more favorable fa·vor·a·ble adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. , For a copy of the index, visit SBSC's Web site at www.sbsc.org. The top and bottom 10 are: Small Business Survival Index: State Rankings Rank State SBSI Score 1 Nevada 27.060 2 South Dakota 28.250 3 Washington 32.010 4 Wyoming 32.150 5 Florida 33.180 6 Texas 34.250 7 New Hampshire 36.250 8 Alabama 36.830 9 Mississippi 38.160 10 Tennessee 39.540 42 Vermont 53.514 43 New York 54.005 44 California 54.860 45 New Mexico 55.410 46 Minnesota 55.890 47 Kansas 55.980 48 Maine 56.150 49 Hawaii 57.235 50 Rhode Island 59.011 51 District of Columbia 65.335 Source: SBSC |
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