Whenever anyone releases a ranking of states that are best or worst for business, someone -- the states at the bottom of the list -- is bound to grumble.
CNBC has taken a more comprehensive look at 10 factors important to businesses in its annual Best States for Business. Each state gets 10 separate rankings in addition to the overall best. Different businesses may need different things, so their owners can better evaluate the states for those factors most important to their needs.
While California ranks 32nd overall, tied with Arkansas, the Golden State is first in technology/innovation and in access to capital (measured only by venture capital investment). However, it has the highest cost of living, tied with Hawaii, ranks 49th in business friendliness (a measure of regulations and legal system) and 48th in cost of business (taxes and commercial lease rates).
To read the full, original article click on this link: CNBC study ranks California best ... and worst ... for business - San Jose Mercury News
Author: Jan Norman
