Per Forbes, Washington ranks highly for growth prospects, labor supply, and economic climate. But the regulatory environment and the quality of life (most likely due to the higher cost of living) rank at the lower middle of the pack.
knowledge
In California, employers experiencing a hardship as a result of COVID-19 may request up to a 60-day extension of time from the EDD to file their state payroll reports and/or deposit state payroll taxes without penalty or interest. A written request for extension must be received within 60 days from the original delinquent date of the payment or return.
Fit Small Business praises Mississippi for the lowest cost of living in the nation. But apart from a middle of the road tax level, everything else is below par. In particular, the costs of starting a business, quality of life, and labor market are in the bottom ten. Labor market is a measure of the desirability of an area, along with the number of people with bachelor’s degrees.
In 2019, Dollar Sprout reported Minnesota is the number six best place to start a business in the nation.
Dollar Sprout reports a great business 10-years survival rate and a modest cost of living. Plus there is low unemployment, and some business filings are now free. But watch out for those winters!
You have worked so very, very hard to cultivate customer and brand loyalty. Changing the name of your business is going to put a dent in that, no matter what you do. Of course, you might recover. But it may take a while, and it’s expensive – just ask Exxon, formerly Esso. Or ask Nuance, formerly Dictaphone. Or Altria, formerly Philip Morris. You get the idea. But even good business names might not be so great eventually.
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