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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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An Encouraging Voyage October 17, 2024 As the economic development organization for our region, the Greater Freeport Partnership continues to adjust its sails, through continuous research, development of varied business initiatives and effective collaboration with its stakeholders to ensure that the economic development voyage of our region stays on course amidst the changing economic climate.    Setting Sail: Workforce Development Efforts  At the heart of this voyage […]
Celebrating Hispanic Businesses for Hispanic Heritage Month October 9, 2024 Greater Freeport Partnership está comprometida a promover la equidad, celebrar la diversidad y crear una cultura de pertenencia en Freeport y el condado de Stephenson. Del 15 de septiembre al 15 de octubre se conmemora el Mes de la Herencia Hispana y el impacto de la cultura hispana en nuestras comunidades. Como organización de desarrollo empresarial para Freeport y el […]
Manufacturing in Stephenson County is an Opportunity for Students October 3, 2024 freeport il, greater freeport partnership, Stephenson County October is National Manufacturing Month. Throughout the month, you will see information regarding economic impact, business spotlights, and promotion of this vital industry. Manufacturing has long been a cornerstone of Stephenson County’s economy. From producing essential goods to driving local employment, the industry plays a crucial role in sustaining the region’s economic growth.    As of recent years, manufacturing has […]
Taking the Bait with a Tourism Event September 27, 2024 Freeport, greater freeport partnership, Stephenson County Did you make it to the Northwest Illinois Air Show this past Saturday? If you did, you weren’t alone! The air show brought more than 1,800 people to the Freeport Albertus Airport to enjoy aerial acrobatics, stunt teams, and other high-flying acts. More importantly, 50 percent of those who attended the air show traveled from outside of Stephenson County. What […]