VIRGINIA BEACH--Virginia Beach is the easiest city in which to start a business, and the second-friendliest to small businesses, according to new ratings published by CNNMoney.com.
Virginia Beach received an A+ in both friendliness and ease of starting a business.
The study rates metropolitan areas for ease of starting a business, government support of entrepreneurs and more, according to the Thumbtack.com report.
The study, drawing upon data from more than 7,000 small business owners, provides insights into state and local business environments across the nation.
Virginia Beach made the list because of the amount of federal dollars available for small businesses. Proximity to the world's largest naval station was cited as a key factor. The city’s status as a haven for veterans and as a vacation destination plays into its success as well.
"We've got the best of both worlds,” said Kevin Kordek, president of A-Active Termite & Pest Control in Virginia Beach. “The military and resorts provide a constant influx of consumers buying goods and services." Kordek started his business in 1995.
“We know that a lot of the city’s growth and success is from small businesses,” said Warren Harris, director of the Virginia Beach Department of Economic Development. “We are proud to be recognized for our innovative programs and welcoming business climate.”