Growing entrepreneurs in Oklahoma's business-friendly environment

In a recent survey of 6,000 small-business owners, Oklahoma was one of only three states to receive an A+ in business friendliness.
BY TOM WALKER twalker@i2e.org Published: May 22, 2012
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In a recent survey (www.thumbtack.com/survey) of more than 6,000 small-business owners nationwide, Oklahoma was one of only three states to receive an A+ in business friendliness.

This two-month business climate survey, conducted by Thumbtack.com in partnership with the Kauffman Foundation, is unique in that it draws on data that comes from small-business owners themselves.

That makes for particularly informative reading for public officials and business and community leaders who seek to create an environment that encourages the formation of new companies as the engine of job creation.

The survey found that business owners and entrepreneurs prioritized easy-to-understand licensing regulations and well-publicized training programs ahead of tax-related issues as the most important elements in determining a state or city government's small-business friendliness.

Over the last decade-plus, through assisting more than 1,000 startup companies, Oklahoma entrepreneurs have helped i2E learn the types of training and support they need.

Developing a business plan that matches critical milestones to capital requirements, identifying and pursuing sources of nondilutive capital, constructing a reasonable valuation that won't drive investors away, building a board of directors with the experience and will to help the company gain traction and grow — we deliver help in all these areas through our Venture Advisory Services.

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DID YOU KNOW?

Among small business owners nationally, women were 9 percent more likely than men to feel supported by their state governments.

Source: 2012 Thumbtack Small Business Survey, in partnership with Kauffman Foundation

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