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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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Downtown Freeport Celebrates Successful Launch of “The Great Pretzel Bite” During Pretzel Fest May 13, 2026 FREEPORT — Downtown Freeport made history on April 25 as community members gathered for the inaugural Great Pretzel Bite, a new signature event held during the Greater Freeport Partnership’s annual Pretzel Fest celebration. A total of 216 participants joined together in downtown Freeport to simultaneously take a bite of their pretzels, officially establishing the benchmark for future Great Pretzel Bite […]
New tourism brand “Simply Stephenson County” invites visitors to discover more May 4, 2026 The Greater Freeport Partnership is proud to announce the official launch of Simply Stephenson County, a new tourism brand designed to showcase the communities, attractions, and locally owned businesses of Freeport and Stephenson County as a Midwest outdoor getaway destination.  Unveiled this week to coincide with National Travel and Tourism Week, the brand reflects a growing demand among travelers for meaningful, affordable, […]
BASE Camp Pitch Competition awards local entrepreneurs May 4, 2026 The Greater Freeport Partnership is proud to announce the winners of its 2026 BASE Camp Pitch Competition, the culminating event of its Business Academy for Small Businesses & Entrepreneurs (BASE) Camp program.  After weeks of intensive coursework and business development training, three local entrepreneurs were selected as top finalists and awarded cash prizes to support the growth of their businesses:  First […]
Freeport Selected to Participate in National Program for Downtown Revitalization and Economic Resilience February 19, 2026 freeport il, Stephenson County Freeport – Freeport is one of four cities to have been selected to participate in the 2026 national cohort to advance downtown revitalization and economic resilience. The program, Recast Leaders, is an initiative of Recast City that has successfully energized downtown revitalization and economic resilience in more than 200 cities in 44 states over 11 years. The other three cities […]