Every state talks about its positive business climate. In Virginia, we’ve
let others do the talking. In recent months, our state has been named Top State
for Business by CNBC.
And, for the second year in a row, Virginia is ranked the Best State for Business
by Forbes.com.
In both analysis, cost of doing business, quality of workforce, and regulatory
environment all drove Virginia to the top. A Virginia business location will
positively impact your bottom line. Let us show you how.
|
| Virginia ranked #1 in two independent studies
conducted by Forbes.com
and CNBC
evaluating America's top states for business. |
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- Streamlined permitting process
- Recruitment training programs to help new businesses become operational
faster
- Right-to-work law allows individuals the right to work regardless of membership
in a labor union or organization
- AAA bond rating
- 6 percent corporate income tax rate has not been increased since 1972
- Programs at little or no cost to help businesses increase international
sales
- 31 publicly funded and nonprofit small business incubators
- The Richmond Metro Area placed among Forbes.com’s top ten Best
Places For Business And Careers: 2008 while Lynchburg, Northern Virginia,
Virginia Beach, and Roanoke placed within the top 100 large metro areas nationwide.
Additionally, Charlottesville and Blacksburg were chosen among the top ten
Best Small Places For Business And Careers while Winchester and Harrisonburg
were ranked among the top 50 small metro areas nationwide.
- In Governing Magazine’s Government Performance Project, Grading
the States 2008 survey, Virginia earned an overall grade of A- for
management of state government. This is a testament to Virginia's long term
planning and management of money, people, infrastructure, and information.
Two other states, Utah and Washington, received an A- grade, and the national
average was B-. Virginia also received an A- ranking in the most recent “Grading
the States” assessment in 2005.
- Chief Executive Magazine ranked Virginia as the 4th Best State
for Business in its 2008
CEO Confidence Index.
- Virginia ranked 12th in the U.S. Chamber of Commerce’s 2007 State
Liability Systems Ranking Study at doing the best job of creating a fair and
reasonable litigation environment as evaluated by corporate America.
