Thursday, September 26, 2019
How can California become a more small business friendly state Essay
How can California become a more small business friendly state - Essay Example Whichever the reason, there is the need to enhance the attractiveness of California as a state, towards the small business enterprises. This paper therefore, examines the root causes of Californiaââ¬â¢s low rank in small business friendliness, and the possible ways of enhancing the stateââ¬â¢s attractiveness towards the small business enterprises. Fundamentally, the United States was once considered the hub of small businesses but this mantle appears to be shifting away due to the hostile environments of some states to small business people. Perhaps, this is due to lack of proper policies that would encourage many small businesses to thrive in certain states within the U.S. For instance, California has been on the business headlines for the wrong reasons, especially as far as attracting and retaining small businesses is concerned. In the year 2013, the small Business & Entrepreneurship Council (SBC) ranked all the fifty states in the U.S. according to their levels of business friendliness. The results of the survey were astonishing because, California persistently remained at the bottom despite concerted efforts to woo small entrepreneurs into the state. Definitely, it is important to fist examine the eligibility criteria for small businesses in the United States and how some states have enforced this policy to their advantage. Intrinsically, there are certain requirements that businesses seeking certification in the United States must meet. The first requirement is that all small businesses must be operated and owned independently without any interference whatsoever from the government or any other interest group. Of course, the fact that it is a small business only means that such an enterprise should not dominate over other enterprises in the build of interest. More specifically, any small business seeking certification in California must have its main offices situated in California. Of course, this is a requisite
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