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How does regulation positively impact your business?* Creates fairness, keeps industry honest, and increases business 64% Regulation is good when it is necessary 24% Regulation is good when it is consistent for all businesses 10% How does regulation negatively impact your business?* Regulation is harmful, inconsistent, and unchecked 39% Makes business more expensive 29% Confusing, divert important time and resources 21% 9. What specific taxes are barriers to starting or expanding a business in Minnesota?* Property taxes 40% Income taxes 24% Taxes in general 13% Sales taxes 13% Taxes are not a problem 12% Corporate taxes 8% Unemployment taxes 7% Workman's Compensation taxes 6% Payroll taxes 5% 10.Which are the following are most important for the success of your business? Healthy tax environment 21% Close proximity to customers 17% Well educated workforce 16% Good lending environment 14% Low-interest loans 12% Good transportation system 10% Government grants 5% Business subsidies 3% I 1. Does Minnesota have a healthy lending market?* No 60% Yes 27% Sometimes 5% How difficult or easy is it for a small business to get a loan?* There are too many requirements 23% Few banks are lending 17% Having relationships and a history with the bank helps 16% Banks are only lending to stable organizations I4% SBA loans are difficult to get 8% Difficult to build a history or a relationships with lenders 8% Small banks are lending, big banks are not 6% How could Minnesota's lending market improve?* Provide loans exclusively for small businesses 20% Lower interest rates 20% Reduce government interference 13% *indicates respondents could choose more than one option, or that the question was open-ended