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Interactive Infographic shows MA high on small biz hospitality, start-up capital

Posted by Jason Keith  January 18, 2013 09:50 AM

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Today I stumbled across one of the most interesting infographics I have seen in a long time.

Not only is it chock full of interesting small business data (which we'll get to in a second) but it's the first "interactive" infographic I have seen. Essentially, you can click on different parts of it to find different pieces of information. It's not "static" like most infographics. Designed so that you spend more time consuming the data, it accomplished it's mission with me. You can click here to navigate to the interactive graphic and scroll through the data yourself.

It was produced by Good Infographics, in conjunction with UPS as part of a "Small Business Collaborative." and it includes some eye popping stats in relation to Massachusetts small businesses. Some interested tidbits included:

Thumbnail image for Main Street USA infographic.JPGToday I stumbled across one of the most interesting infographics I have seen in a long time.

Not only is it chock full of interesting small business data (which we'll get to in a second) but it's the first "interactive" infographic I have seen. Essentially, you can click on different parts of it to find different pieces of information. It's not "static" like most infographics. Designed so that you spend more time consuming the data, it accomplished it's mission with me. You can click here to navigate to the interactive graphic and scroll through the data yourself.

It was produced by Good Infographics, in conjunction with UPS as part of a "Small Business Collaborative." and it includes some eye popping stats in relation to Massachusetts small businesses. Some interested tidbits included:

  • Massachusetts has over 130,000 firms with less than 99 employees.
  • Massachusetts does not have one of the top 10 highest concentrations of small businesses per 1,000 people.
  • The state ranked #1 in terms of small businesses dedicated to the hospitality industry.
  • In terms of the amount invested in starts ups and businesses via venture capital, Massachusetts ranked No. 2, with more than two billion invested over 350 "deals."
  • Ironically, the Commonwealth also ranked as one of the hardest states in which to start a small business, based on friendliness, training and networking programs, zoning, tax codes, licensing, hiring costs and safety and health codes.
The immediate takeaway is that while Massachusetts has a very rich and vibrant small business and start up community, the truth is it could be even better without some of the restraints that are clearly in place, making it one of the harder states to "start up" in.

Let's hope that the continued efforts of Governor Patrick and the legislature foster an "easier" environment for small business development.

This blog is not written or edited by Boston.com or the Boston Globe.
The author is solely responsible for the content.

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About this blog

Jason Keith has been working for and with small businesses in the New England area for more than 10 years, specifically small, micro businesses. Born and raised in Massachusetts and a former journalist, he provides a unique perspective on the issues facing small businesses locally and nationally.To reach him directly email jasonpkeith@gmail.com.

This is a personal blog. The opinions expressed here are the author's alone.

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