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Forbes ranks Georgia as the 11th best state for businesses

Chances are very good that the last time you accessed the Internet, you encountered a story or link to a story discussing some sort of new rankings report from some sort of publication.

Indeed, from schools and hospitals to cars and consumer products, these rankings are now so ubiquitous that it's sometimes easy to lose track of them. 

Nevertheless, there are still certain ratings that transcend this ennui, conveying important information that makes readers anxious to hear about any new developments since the last iteration.

One of these is, of course, Forbes' annual "Best States for Business" feature, which arrives at its rankings after considering a sizeable data pool consisting of information gathered from the Department of Commerce's U.S. Census Bureau, Moody's Analytics and other highly influential sources.

Interestingly enough, this year's ratings have now been released and they reveal that Georgia has moved five spots up from last year to occupy the number 11 slot for 2015.

Here, the authors report that while the state's growth has receded in recent years, its overall economic climate nevertheless remains both strong and decidedly pro-business. In support of this proposition, it points to the enduring presence of such major business entities as Home Deport, Southern Company and Coca-Cola.  

Breaking the report down further, Forbes ranked Georgia ninth in the nation for regulatory environment, thirteenth for labor supply, 32nd for quality of life and 34th for business costs.

As for the states with the best business climates, the top five, starting with the best, were Utah, North Carolina, Nebraska, North Dakota and Colorado. Conversely, the bottom five, starting with the worst, were West Virginia, Mississippi, Maine, New Mexico, and Rhode Island.  

What all of this really serves to underscore is that Georgia remains a great place for entrepreneurs and that those looking to make their dreams a reality should strongly consider speaking with an experienced legal professional who can help them with a host of important issues, including selecting the right entity and managing other corporate concerns.

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Robert Kaufman has been selected as a 2013 Top Rated Lawyer in ‘Commercial Litigation’ as will be published in the May issue of The American Lawyer & Corporate Counsel magazine.Alex Kaufman has been selected as a 2013 Top Rated Lawyer in ‘Commercial Litigation’ as will be published in the December issue of The American Lawyer & Corporate Counsel magazine.

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