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Small Business Resource Guide

Small Business Resource Guide

This Resource Guide is designed to provide access to information needed to start or grow a business in Freeport and Stephenson County. It includes many links to documents and websites that will assist in answering questions for someone to open their business. The Starting a Business Resource Guide is designed to provide you with access to information and resources to make your entrepreneurial journey more successful!

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Table of Contents to Guide

Introduction

  1. So You want to Start A Business
  2. About the Greater Freeport Partnership
    1. Contact information
  3. The Business Resource Guide
  4. The Business Start-Up Process (graphic)

Evaluate Your Idea

  1. Where Do I Start?
    1. 30 Questions
    2. Are you ready to start your own business?

Business Plan

  1. Components of a Business Plan
  2. Small Business Development Center
  3. SBA Business Plan
  4. SCORE Business Plan

Build Your Business

  1. Business Ownership
    1. Business Ownership Options
  2. Registering Your Business in Illinois
    1. State of Illinois Registration
    2. Illinois Department of Professional Regulations
    3. Stephenson County
    4. City of Freeport and other municipalities
  3. Federal Tax Identification Number
  4. State of Illinois Tax Number
  5. Sales Tax
  6. Developing a Startup Support Team
  7. Financing Your Business
    1. Your personal credit
    2. Possible Business Financing Resources
    3. Local Business Financing Resources
    4. Possible Site-Specific Financing Resources
  8. Business Insurance
  9. Lawyers
  10. Accountants
  11. Real Estate and Leasing
    1. Utility Contact Information

Grow Your Business

  1. Assembling Your Team
  2. Hiring Employees
    1. Writing a Job Description
    2. Writing an Employee Manual
    3. State of Illinois Unemployment
    4. Workers Compensation
    5. Insurance
    6. Minimum Wage Laws
  3. Sales and Marketing
  4. Plan for Growth

Appendices and Attachments

Appendix A: Resources

Appendix B: Employment Posters

Appendix C: Feasibility Checklist

Key Industries

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Healthcare

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Construction, Plumbing, Heating, & Service

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Private Label Food Manufacturing

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Local Marketing Tips for Small Business Month May 20, 2022 While there have already been so many reasons to celebrate the month of May, we can not forget National Small Business Month! Small businesses and entrepreneurs employ almost half of America’s workforce and that is an even greater percentage locally. As these businesses grow and evolve, they have found innovative ways to set themselves apart from others and become necessary […]
Entrepreneur Ecosystem & Digital Community Business Academy May 13, 2022 Happy National Economic Development Week! In the spirit of celebration, and because entrepreneurial development and small business support is important to the overall economic health of our region, I wanted to share some exciting news about an upcoming program the Partnership is developing.  Since September 2021, Partnership staff have been participating in the National League of Cities, City Innovation Ecosystem […]