Opening a business is an enormous venture -- it demands time, assets, and lots of information.  This is why it is so important to connect with the appropriate resource partners and allies when getting started. Support from the local government can be particularly valuable as you make plans to open and pursue your business development goals. Here are a few reasons to work with one.

Why work with your local government to open a business?

1. Get Important Planning Information

If you’re entirely new to launching a business, you probably need much more help than you realize.  Local governments are a great resource for comprehensive data on the community and its existing businesses, identifying potential business locations, and assisting with business licensing and building permits.  All of these resources can save you time and energy, in addition to the dollars you will need to get your business started.   

2. Connect With Valuable Resources

As you focus on opening your doors, the local government can provide plenty of contacts. This may include the area chamber of commerce, which can help with important steps like marketing and networking. Additionally, the local government can connect you with workforce development agencies to help find workers, business plan and startup experts, and the providers of financial assistance programs.  

3. Maximize Your Investment

Starting a business is a major investment.  To ensure a maximum return on investment (ROI), the local government can evaluate your business to determine whether any state and local tax incentives, such as property tax abatements or sales tax rebates, apply to you. They’ll also provide details on potential job training funds to aid with hiring of new employees or special taxing districts to defray the infrastructure cost.    

4. Save Time and Be First to Market

The beginning stages of launching a business is packed with important decisions that will influence your ability to succeed.  Your local government's economic development team is experienced and prepared to help find the right answers quickly. This would include evaluating potential work spaces, sharing requirements your business must meet to open, and guiding you through the process.  All done in an effort to help your business start as efficiently and effectively as possible. 

If you seek a reliable resource for your business development needs, turn to Select O’Fallon. Proudly serving professionals throughout the St. Louis, MO, metropolitan region, they can assist with everything from economic and workforce development to obtaining a commercial lease. Visit their website to learn more about becoming a part of the area’s business community, or call (636) 379-5532 to discuss your plans.