Here are the 10 best — and 10 worst — US states to start a new business, according to a new report

Here are the 10 best — and 10 worst — US states to start a new business, according to a new report

The financial site WalletHub recently released a study on the best and worst states to launch a business. A new report from financial website WalletHub looked at which states were the best for starting a business. The study analyzed states according to metrics like access to resources and potential business costs. Here are the top 10 best and worst states to start a business. The 10 best The financial website WalletHub recently ranked the 50 states according to which ones were the best and worst for starting a business. Where you start a business can make a big impact on how well it fares. A new WalletHub study evaluated states across three metrics: "Business Environment" looked at 14 factors ranging from five-year business survival rate to the average length of the work week. "Access to Resources" considered 6 factors, like the amount of venture capital investment per capita and the college-educated share of the population. While "Business Costs" examined seven types of costs including office-space affordability, labor costs, and state and local tax rates. For those who are entertaining thoughts of launching a new business, Insider did the homework for you. Here are 10 best states to launch a […]

Montrose Environmental: Attractive Business Model That Is Insulated From Economic Cycles

Montrose Environmental: Attractive Business Model That Is Insulated From Economic Cycles

Written by Both a full-time investor and a full-time operations manager. I’ve learned about investing over the years b… Summary The environmental industry is extremely complex, regulated, and hard to navigate. MEG offers a one-stop-shop solution for companies to address all their demand, across countries and regions. Latest earnings demonstrated that MEG is still growing as planned. We Are Summary I recommend to buy Montrose Environmental (NYSE: MEG ). The environmental industry is challenging to enter due to its complex regulations and fragmented market. As a result, customers are seeking environmental solutions providers that can handle issues throughout their entire life cycle and across different jurisdictions. MEG aims to target oversaturated markets with many competitors, many of which specialize in a particular niche or regulation. MEG has the advantage of being able to attract and retain clients and grow relationships due to its global reach and diverse range of offerings. When competing for large accounts that need a national scale provider, MEG stands out with its ability to offer unified, geographically dispersed services and a single point of contact for all of a client’s needs. Company overview Environmental testing and testing for air quality are among the services that […]

Crypto conglomerate Digital Currency Group to shut down a CT business

Crypto conglomerate Digital Currency Group to shut down a CT business

This is a carousel. Use Next and Previous buttons to navigate At a news conference at 290 Harbor Drive in Stamford on Nov. 29, 2021, DCG announced plans to create more than 300 jobs in the state in the next five years. From left are Caroline Simmons, then Stamford mayor-elect, then-Mayor David Martin, Sen. Richard Blumenthal, Gov. Ned Lamont, Digital Currency Group founder and CEO Barry Silbert, U.S. Rep. Jim Himes and state Department of Economic and Community Development Commissioner David Lehman. STAMFORD — Embattled cryptocurrency conglomerate Digital Currency Group is shutting down one of its Stamford-based subsidiaries, while another of its businesses has filed for bankruptcy and faces federal charges — pressures that reflect widespread disruption in its industry. In a letter last week to shareholders, DCG founder and Chief Executive Officer Barry Silbert said the company had “made the difficult decision to wind down” HQ, the wealth management business that DCG founded in 2020. Employing about 30 people, most of whom are based in Stamford, HQ is set to be dissolved by the end of this month. “While we still believe in the HQ concept and its outstanding leadership team, the current downturn is not conducive for […]

How To Succeed In The World’s Most Attractive Market For Business

How To Succeed In The World’s Most Attractive Market For Business

The allure of America draws many international companies to expand there. But success can be … [+] Getty Images Many a U.K. business has found it impossible to resist the allure of the U.S. — often with less than ideal results. Retail group Marks & Spencer’s ill-fated acquisition of the preppy clothing brand Brooks Brothers, which it sold in 2001 for a third of the amount it paid for it 13 years earlier, is one of the clearest examples of how it can go wrong. But there have been many others. No doubt, as the urge to grow fuels expansion plans, there will be still more. But a new book suggests that the U.S. does not have to be a graveyard for companies from the U.K., or indeed anywhere else. In Make It In America , Matthew Lee Sawyer , a strategist and consultant whose business, Rocket Market Development, helps companies identify opportunities and succeed in U.S.markets, sets out a few pointers for avoiding disaster. Among the success stories he recounts are how a Turkish immigrant rose from running a feta cheese company to buying a bankrupt dairy factory and creating Chobani , which within five years became the […]

QuickBooks Is Expanding Its Business Network…And Other Small Business Tech News This Week

QuickBooks Is Expanding Its Business Network…And Other Small Business Tech News This Week

BRAZIL – 2021/09/05: In this photo illustration the QuickBooks (Intuit) logo seen displayed on a … [+] SOPA Images/LightRocket via Getty Images Here are five things in technology that happened this past week and how they affect your business. Did you miss them? 1 – Intuit QuickBooks Business Network plans to accelerate and automate B2B payments for millions of U.S. businesses. Global financial technology platform Intuit QuickBooks recently expanded the Intuit QuickBooks Business Network to make it available to millions of small and mid-sized businesses throughout the United States. This expansion now makes it one of the biggest B2B networks geared toward automating and accelerating B2B payments and enhancing cash flow. (Source: Business Wire ) Why this is important for your business: With so many businesses already using QuickBooks, why not provide a way to connect them to each other so that transactions can be faster? Kind of a no brainer. In addition to the network’s other benefits the things that will help my clients will be the ability for a business to send an invoice directly to their customer’s or vendor’s QuickBooks account, having QuickBooks instantly create a bill for the customer or vendor using auto-populated information from […]

The Week in Business: The Debt Limit and Politics

The Week in Business: The Debt Limit and Politics

Giacomo Bagnara What’s Up? (Jan. 15-21) The U.S. Hits Its Debt Ceiling The United States hit its borrowing cap of $31.4 trillion on Thursday, setting the stage for a bitter fiscal fight in Congress over raising the limit. Treasury Secretary Janet L. Yellen said the government would take “ extraordinary measures ,” at least until early June, to keep paying its bills. Democrats and the White House , as well as forecasters and economists, have warned that the nation risks a financial crisis and other dire economic scenarios if lawmakers do not raise the limit before the Treasury Department exhausts its ability to buy more time. But Republicans have said that they will not raise the borrowing limit again unless President Biden agrees to steep cuts in federal spending. “Samcoins” and FTX’s Final Days As the government continues building a case against the founder of the cryptocurrency exchange FTX, Sam Bankman-Fried, more details are emerging about the workings of the exchange. Rivals said that Mr. Bankman-Fried often promoted digital currencies, known as “ Samcoins .” Mr. Bankman-Fried was said to use his influence to persuade people to buy large quantities of the coins, inflating their value artificially, to make […]

Unlimited holiday time for workers is good for business – even small ones

Unlimited holiday time for workers is good for business – even small ones

Work-life balance is a critical benefit, and offering it can be a powerful recruiting tool and unexpected cost saver Companies that offer generous vacation plans are the ones meeting workers’ needs. Last week Microsoft Corporation joined a growing number of companies around the country by announcing that it was now offering an unlimited paid time off (PTO) plan to its employees. “How, when, and where we do our jobs has dramatically changed,” a company HR executive explained in a memo . “And as we’ve transformed, modernizing our vacation policy to a more flexible model was a natural next step.” This makes sense and not just for Microsoft and other big companies. Unlimited PTO should be considered by every business, big and small. My small business offers it. And I have a number of clients who do the same. Along with health insurance and retirement benefits, companies that offer generous vacation plans are the ones that are meeting today’s workers’ needs. There are many recent studies – like this one from the Society for Human Resource Management – that have shown that flexibility, four-day work weeks, remote working arrangements and generous vacation plans are in high demand. Telling a prospective […]

This longtime Berkeley business worried the pandemic would be its end. Then sales surged

This longtime Berkeley business worried the pandemic would be its end. Then sales surged

This is a carousel. Use Next and Previous buttons to navigate Thomas Beeson, door specialist, carries a door to the Building Materials receiving department at Urban Ore in Berkeley. Entering the vast warehouse that is the Urban Ore salvage yard in Berkeley has the uncanny feeling of wading into the subconscious of a well-organized hoarder. Visitors are greeted by orderly rows of secondhand clothes, metal and glass appliances from ages past and well-loved wooden furniture. High above, paper mache flying saucers, dragon’s heads, flags and fading posters festoon the rafters. Keeping the place on its feet is Max Wechsler, Urban Ore’s operations manager whose reddish beard, black ballcap and measured, pensive tone belie an intense commitment to the zero-waste ethos that keeps the store standing as much as its sheet metal walls. The Chronicle’s flagship news podcast. Listen and subscribe on your favorite app. Click the player below for the latest episode. Chase DiFeliciantonio is a reporter at The San Francisco Chronicle on the Transformation team, where he covers tech culture, workplace safety and labor issues in San Francisco, Silicon Valley and beyond. Prior to joining The Chronicle, he covered immigration for the Daily Journal, a legal affairs newspaper, […]

Columbia tattoo businesses face additional restriction on new local business sites

Columbia tattoo businesses face additional restriction on new local business sites

Artist Jazmin Murphy works on a customer at Southern Cypress Tattoo in Columbia’s Five Points neighborhood on Jan. 20. Mike Fitts/The Post and Courier. COLUMBIA — A tattoo shop owner looking to expand as her business grows ran into an unexpected obstacle: a restriction that the city passed quietly in late 2021. A city ordinance, passed as part of a revision to zoning rules, prevents tattoo shops from being approved to open within 1,000 feet — or about two city blocks — from an existing tattoo parlor. That rule has blocked Stephanie Melora, owner of Southern Cypress Tattoo in Five Points, from adding three new booths across Greene Street from her shop, as that building has an existing tattoo parlor in it, plus her main space and another parlor nearby. Melora made a plea before Columbia City Council on Jan. 17 to win an exception that would allow her to expand in Five Points, where she is on the district’s board. “This is my home,” Melora told the council. “These are my people, and I want to see my business continue to grow in the community I love and serve.” Inks and equipment are at the ready inside Southern […]

How The Shift To Adult Learning Is Changing Business

How The Shift To Adult Learning Is Changing Business

Business people learning about new project getty Every business is built on its human resources. Those humans have experienced unprecedented change since 2020 and, with them, the companies they work for. Many employers are paying more, increasing benefits and adding flexibility to once-rigid scheduling to attract and retain the best talent. Meanwhile, economic uncertainties are causing other companies to rein in costs until they can ride it out. In this tug-of-war, it’s tough to anticipate which approaches can help a business move ahead of its competitors. It’s not sound strategy to achieve growth by grinding employees down to a nub. Instead, companies should focus on building their employees themselves so they, in turn, can grow the business. Adult learning may be the perfect way to achieve this. The shift toward helping employees bloom where they are planted is once again changing business as usual. And companies that make that shift accordingly will benefit. Here are a few reasons why you don’t want to miss out. Adult Learning Lifts Everyone You have probably heard the Doctor Seuss passage: “The more you read, the more things you shall know. The more that you learn, the more places you shall go.” The […]