State | WI | State 2 | Oshkosh | Official Name | Racine | States | <span style="font-size: 1.1em;color:green"><br />
<div class="fa-3x"> <i class="fa-duotone fa-mountain fa-3x" style="--fa-primary-color:blue ; --fa-secondary-color:gold"> </i></div><br />here are some benefits for starting a small business in Wisconsin:
<h4>Low Cost of Doing Business</h4>
Wisconsin has a relatively low cost of doing business, which can save you money on things like rent, utilities, and labor. According to a 2021 study by the Small Business Administration, Wisconsin ranked 11th in the nation for the cost of doing business.
<h4>Business-Friendly Environment</h2>
Wisconsin is a business-friendly state with a strong economy. The state government is supportive of small businesses, and there are a number of resources available to help you start and grow your business. For example, the Wisconsin Department of Economic Development offers a variety of programs and services, including loans, grants, and training.
<h4>Access to a Skilled Workforce</h4>
Wisconsin has a skilled workforce that is well-educated and experienced. This can be a valuable asset for your business, as it will give you access to the talent you need to succeed. According to a 2021 report by the Wisconsin Department of Workforce Development, the state has a labor force participation rate of 69.8%, which is higher than the national average of 63.3%.
<h4>Strong Economy</h4>
Wisconsin has a strong economy with low unemployment and a growing population. This can be a good sign for your business, as it means that there is a demand for your products or services. According to the U.S. Bureau of Labor Statistics, the unemployment rate in Wisconsin was 3.6% in May 2023, which is below the national average of 3.9%.
<h4>Access to Capital</h4>
There are a number of sources of capital available to small businesses in Wisconsin, including loans, grants, and equity investments. This can help you get the funding you need to start or grow your business. According to a 2021 report by the Wisconsin Economic Development Corporation, the state has over $1 billion in available capital for small businesses.
<h4>Tax Incentives</h4>
Wisconsin offers a number of tax incentives for small businesses, including tax credits, deductions, and exemptions. These can help you save money on your taxes, which can free up cash flow for your business. According to the Wisconsin Department of Revenue, the state offers over $1 billion in tax breaks for small businesses each year.<br><br>
In addition to these benefits, Wisconsin also has a number of other resources available to help small businesses, such as:<br><br>
The Wisconsin Small Business Development Center: This organization provides free consulting services to small businesses.
The Wisconsin Women's Business Initiative Corporation: This organization provides loans, grants, and other resources to women-owned businesses.<br><br>
The Wisconsin Technology Council: This organization provides resources and networking opportunities for technology businesses.<br><br><h4>Statewide Business Licenses in Wisconsin</h4>
<ul>
<li>Seller's Permit</li>
<li>Withholding Tax Registration</li>
<li>Unemployment Insurance Account</li>
<li>Workers' Compensation Insurance</li>
<li>Corporation, LLC, or LLP</li>
<li>Professional Licenses (such as for engineers, lawyers, doctors, etc.)</li>
<li>Food & Restaurant Licenses (Food Establishment Permit, Food Processor License, etc.)</li>
<li>Liquor Licenses</li>
<li>Agricultural Licenses</li>
<li>Environment & Conservation Permits</li>
</ul>
<h4>County Business Licenses in Wisconsin</h4>
<ul>
<li>County Health Department Permits</li>
<li>Building and Construction Permits</li>
<li>Zoning and Land Use Permits</li>
<li>Local Business Occupational Licenses</li>
<li>Fire Department Permits</li>
</ul>
<h4>City Business Licenses in Wisconsin</h4>
<ul>
<li>City Business License</li>
<li>Local Health Permits</li>
<li>Signage Permits</li>
<li>Alarm Permit</li>
<li>Home Occupation Permit</li>
</ul> | State City | Milwaukee | Largest City | Madison | Capital | Madison | State Cities | State of Wisconsin | State Abbreviation | Wisconsin |
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