Happiness is owning a small business in Boston
You might not know it from listening to talk radio, what with all the belly-aching about red tape and taxes, but small business owners in Greater Boston are among the happiest in North America.
So says TD Bank, which devised a happiness index, then set out to measure the happiness quotient of small business owners in a dozen metro areas in the United States and Canada.
According to the bank, which has a big local presence, its Small Business Happiness Index was calculated with a poll that determined which cities had the most small business owners who ranked in the top quartile on the happiness index. (Extrapolating from the data, a most unscientific observer might conclude that not having a boss is the key to bliss and tranquility.)
To experience true small business bliss, a move to Los Angeles is suggested. LA topped TD Bank's list of the metro area where merchants and small business types were happiest.
On the flip side, you'll want to give Saskatoon a good leaving-alone.
Located on the Saskatchewan steppes, Saskatoon ranked near the bottom of the TD Bank small business happiness index. Only Kelowna, in British Columbia, ranked lower.
In looking at locals, TD Bank said in a press release, "Bostonian small business owners are more likely than their US peers to volunteer their time or make donations to charities, sports teams, and events (91 percent vs. 82 percent, respectively)."
And they "were also more likely to cite taxes, red tape, and the state of the local economy as significant challenges to owning a small business, compared with their peers in other US cities," the release also said.
Taxes and red tape may be annoying, but they are not nearly enough to plunge Hub small business owners into a fretful funk, the TD Bank happiness index suggests.