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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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Enterprise Zone – A Tool for your Project? January 20, 2023 The cold winter months are always a great time to plan for the upcoming spring construction project. While you plan, something to consider is potential cost reduction tools, such as the Northwest Illinois Enterprise Zone. As economic development professionals, one way we support growth and development is by ensuring businesses know what cost reduction tools are available to them. Locally, […]
Celebrations of Service January 19, 2023 On Friday, the Greater Freeport Partnership Ambassadors celebrated the end of their 50th anniversary year with a dinner where Ambassador alumni and employers joined current Ambassadors in celebration. It was a fun event geared towards commemorating all the Ambassadors stand for and all that they have accomplished.  I have been involved with the Ambassadors since I joined the Partnership more […]