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Encouraging Growth Through Business Licenses

What’s All This Hype About Utah?

Utah gained its first real international exposure from hosting the 2002 Winter Olympic Games in Salt lake City, and other areas around the region. As the world began to notice the state, our diverse landscape and unique outdoor opportunities drew tourists to the rest of the state, making Zions the number two most visited National Park in the United States, with Bryce Canyon and Arches not far behind at 15 and 16, respectively. 

In the intervening years, Utah has also become one of the hottest markets to do business in the entire country. Consistently ranked as the “Best Places to Do Business” by the American Legislative Exchange Council for the last 15 years, Utah’s business climate has continued to lead the nation because of the state’s focus on “pro-taxpayer reforms” and getting people into the workforce. Utah currently has a 2.4% unemployment rate, which ranks third in the nation (behind the Dakotas, where no one lives).

Utah’s Diverse Business Climate

Much of this success comes on the backs of Utah’s entrepreneurial spirit. Between March 2019 and March 2020, Utahans opened a net total of 1,959 businesses, 1,911 of which were small businesses. Overall, Utah has 313,590 businesses fueling its economy. These range from the so-called Mom-and-Pop Shops to the large enterprises employing tens of thousands of individuals. 

Interestingly, in January of 2023, WalletHub also named Utah the best state to start a business. Each of these businesses had to start somewhere, but opening a business is not always the easiest process to figure out. But Utah has made that process relatively easy. With its Online Business Registration platform, the state’s Department of Commerce has created a OneStop Business registration process, whether you’re opening a new business or a subsidiary. 

Tying Business Licenses To Land Use

The correlation between business license regulations and land use is crucial in the context of planning and development.  Local government officials and planners alike continually strive to create balanced and sustainable communities by strategically managing land uses and business activities.  By aligning business license regulations with land use objectives, local governments can do a lot of incredible things (as evidenced above) such as promoting economic vitality, preserving natural resources, and enhancing the overall quality of life.

Need Advice?

Call Rural Community Consultants today to get expert advice on how to adjust your business license regulations to grow your economy. 

Want to Learn More?

Check out our online training modules! Note:  Rural Community Consultants is able to provide access to specific training modules free of charge courtesy of the Utah Office of the Property Rights Ombudsman.

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