North Carolina named the top state for business

A recent report points to North Carolina being a very business-friendly place. This report is Forbes’ 2018 rankings of the best states for companies.

This report ranked North Carolina the best state in the whole nation for business. This is the second year in a row in which the state has been given this top spot.

In ranking the states on business-friendliness, the report looked at 41 factors from six categories:

  • Quality of life
  • Regulatory environment
  • Labor supply
  • Growth prospects
  • Economic climate
  • Business costs

North Carolina did well in all six of these categories. It made the top 10 in half of them. The state ranked 2nd for business costs, 8th for regulatory environment and 10th for growth prospects. In the remaining categories, the state was just barely outside of the top 10. It was ranked 11th for labor supply, 12th for economic climate and 12th for quality of life.

So, this recent set of rankings indicates that North Carolina continues to have very good conditions for businesses. Many things can impact how able a company is to take full advantage of favorable business conditions that it encounters. This includes how good of a job a company does at avoiding missteps when pursuing the opportunities such conditions open up. Errors that could cause problems in this regard include mistakes in the handling of legal matters. This is among the reasons why obtaining quality legal guidance is so important for North Carolina small business owners when legal issues come up for their company.

No Comments

Leave a comment
Comment Information
Best Lawyers Luther D. Starling 2020
Email Us For a Response

Arrange A Consultation

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

405 East Market Street
Smithfield, NC 27577

Phone: 919-300-6982
Fax: 919-934-9536
Smithfield Law Office Map

401 College Street
Clinton, NC 28328

Phone: 910-249-9165
Fax: 910-299-5196
Map & Directions