May 2013 Archives

Chicago small businesses poised for growth?

Residents of Chicago are likely aware of what a difficult economy means to their household budget. Over the course of the past few years people have held off on taking vacations or making larger purchases due to the state of the nation's economy. Businesses of all sizes took similar measures to try to keep from going under. For small businesses that made it through the last few years, there may be a light at the end of the tunnel. A recent report determined that businesses of this size have shifted gears from trying to stay afloat to growing.

Chicago area appealing to smaller business expansions

In previous posts we have written about larger businesses relocating headquarters to the Chicago area. While there are likely many reasons behind the decision, clearly such a move is advantageous to the business or such a huge undertaking would not be taken on. As it turns out, some small businesses are finding the Chicago area to be a good business climate as well. A pet hotel currently based in another Midwest state is looking to expand into Vernon Hill.

Lead in molasses prompts contract dispute

Throughout the nation, including the state of Illinois, many individuals like to sit down, turn on a movie and eat popcorn and licorice. For many, the licorice of choice is Red Vines. In addition to the red version, the manufacturer also produces a black version. A major ingredient to the black version is refiners syrup, also known as molasses.

Study finds state business climate rankings not consistent

It's no secret that individuals who run the city of Chicago and state of Illinois are doing what they can to make the locations appealing to businesses of all sizes and at various stages in development. They are not the only areas in the nation doing this. In an effort to make it easier for businesses to decide the best location various organizations create rankings regarding the business climates of various states. One of the things taken into consideration is each state's business tax situation.

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