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Main image for 5 Ways States are Luring Small Business
News

5 Ways States are Luring Small Business

CNBC.com

6.24.2014

At a time when many states are looking to attract job-creating businesses to their cities, more are getting serious about making themselves inviting to entrepreneurs. According to a recent study cited by the Kauffman Foundation for Entrepreneurial Leadership, 95 percent of municipalities offer some type of incentive to run a business within their borders. But given the number of states and localities offering incentives, they alone aren’t always enough to attract entrepreneurial talent.

Here are five key attributes that states should offer if they hope to attract and retain small businesses.

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Media item: Howard M. Berkower
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