User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


32° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

SD Business Climate In Top 10

August 22, 2012, 10:00 PM by Peggy Moyer

SD Business Climate In Top 10
SIOUX FALLS, SD -

South Dakota is one of the best states in the country when it comes to offering a good business climate.

Pollina Corporate Real Estate's recent survey ranked South Dakota seventh in the nation on its top ten business list.

Don Smith enjoys preparing Margherita Cheesecake, one of his signature desserts at Casa Del Rey. Smith opened the restaurant in Sioux Falls more than 30 years ago.

And at one time Smith had up to six restaurants in several states. But he says South Dakota has the most business-friendly environment.

"Our economy seems to be so stable here. The taxes are low. We don't have a corporate tax like all the other states around us," Smith said.

South Dakota's commissioner for economic development isn't surprised by the recent survey's results.

"The two focuses we see are the tax environment, the labor issues and I think productivity also goes into that," Governor's Office of Economic Development Commissioner Pat Costello said.

Having owned businesses in other states, Smith knew when he came to South Dakota that the stable economy was good for his business.

"It makes it possible for you to get in business and stay in business without worrying about losing all your profits to taxes right away," Smith said.

And Costello plans to use the state's top 10 ranking when it comes to recruiting out of state businesses.

"That gives us a third party credibility, an additional one, to add to the list that people can hold out and say, 'hey, this is an independent study and this is what they're saying.' It's not just us saying it," Costello said.

And for businesses, paying less tax is kind of like the icing on the "cheese" cake.

Previous Story

Next Story


Comments







 
Find Local Businesses on KELO Pages!

View business

You may also like

Sioux Falls Nail Salon Shut Down By SD Cosmetology Commission

10/30/2014 11:00 AM

The South Dakota Cosmetology Commission has shut down #1 Nails Salon in Sioux Falls.  The commission revoked the license of owner Ngoc Lan T...

Full Story
Nail Salon's License Revoked

10/30/2014 6:07 PM

Bribery attempts and safety and sanitary violations have put a Sioux Falls nail salon owner out of business.

Full Story | Watch
SD Unclaimed Property Fund Up To $65 Million

10/30/2014 1:45 PM

South Dakota's unclaimed property fund is now up to $65 million.

Full Story
Sioux Falls To Get Second Five Guys Location

10/29/2014 11:45 AM

Five Guys Burgers and Fries will open up a second location in Sioux Falls in the former Extreme Automotive building at 49th Street and Louise Avenue.

Full Story
Three Sushi Restaurants Back Open

10/27/2014 11:10 AM

The three sushi restaurants that closed last week in Sioux Falls were back open for business over the weekend.

Full Story


Events