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Every state talks about its positive business climate.
In Virginia, we’ve let others do the talking. For the third straight year, Virginia
is ranked the Best State for Business by Forbes.com. And, Virginia is among the
Top States for Business according to CNBC. In each 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.
- 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, reaffirmed by Moody's, Fitch, and Standard & Poor's in November 2008
- 6 percent corporate income tax rate has not been increased
since 1972
- Programs at little or no cost to help businesses increase
international sales
- 30 publicly-funded and nonprofit small business incubators
- The Richmond and Northern Virginia Metro Areas placed among Forbes.com’s top
50 Best
Places For Business And Careers: 2009 while Virginia Beach, Lynchburg and Roanoke placed within the top 100 large metro areas
nationwide. Additionally, Charlottesville, Blacksburg, Winchester
and Harrisonburg were chosen among
the top 50 Best Small Places For Business And Careers.
- 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 placed Virginia among the top ten best states for business in its 2009 "Best and Worst States" survey. Virginia ranked second in the nation in "business friendliness" and in the top 15 in five other categories.
- Virginia ranked 6th in the U.S. Chamber of Commerce’s
2008 State Liability Systems Ranking Study at doing the best job of creating a fair
and reasonable litigation environment as evaluated by corporate America.
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