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One Stop Shop for Businesses
One Stop Shop for Businesses                                                                         

         
About St. Joseph
New to the St. Joseph area or looking for quality information about the City and its residents? This Market Profile contains valuable demographic, spending, and market segmentation information.  For a summary of the community of St. Joseph download this Community Profile, the information was compiled for use by site selectors and will be useful for business prospects and those contemplating expansion. 

 
Business Assistance Available
The City of St. Joseph Economic Development Authority has a variety of financial and technical resources available to businesses within the community. Details are available by clicking here. The Minnesota Department of Employment and Economic Development also has a variety of financial and technical programs available. Click here for more information.  

Evaluating a Business Opportunity

Before investing in a potential business opportunity, successful entrepreneurs, franchisees, and business purchasers must evaluate the potential success of the business venture. The internet, your local library, state / federal offices, local governments, white papers, research material, etc. are excellent resources to tap into when evaluating a business opportunity. Personal interviews can add further dimension to your evaluation. A market study completed for St. Joseph by McComb Group, LTD and retail & service purchasing power, market share, sales potential & supportable square footage forecasts can add perspective to the local economy and retail/service business opportunities.

The Small Business Administration (SBA) provides a variety of resources, including helping you evaluate potential business ventures, choosing a business structure, creating a business plan, and international, federal a state licenses and permits.

Business Organization
Before going into business you will need to decide what type of business organization is best for you. A myriad of tax and non-tax factors will likely influence your choice of business organization. Types of business organizations include: sole proprietorship, partnership (general or limited liability), corporation (C or S), professional organizations, cooperative associations, and business trusts. Legal, tax, and accounting professionals can provide valuable insight and information to you when choosing a business organization. The Minnesota Department of Employment and Economic Development has published "A Guide to Starting a Business" which is an excellent source of initial information regarding business organizations. 

Business Licenses & Permits - City of St. Joseph
Some types of businesses or retailers require a license / permit from the City of St. Joseph. Information regarding business licenses or permits for required by the City of St. Joseph follows: