Every day that Philip Guerin opens the doors of his small, family-owned business in the City and County of Denver, it costs him $882 – an expense he’ll have to cover regardless of whether he makes a single retail sale that day. It’s just the cost of doing business in Denver, he said.
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“As the sixth most regulated state in the nation, Colorado’s regulatory climate continues to be a top concern for businesses statewide,” wrote the Colorado Chamber of Commerce in May. “Small businesses, in particular, consistently identify the state’s high regulatory burden as a significant barrier to doing business.”
A survey of 169 members of the Colorado Chamber of Commerce – conducted by Oklahoma City-based research firm Cole, Hargrave, Snodgrass and Associates in late 2024 – revealed that 71% of respondents believe the state’s business climate is more costly or burdensome than that of other states. Only 5% hold the opposite view.
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