May 28, 2023

State Small Business Credit Initiative Program

APEX Mattress Manufacturing, Inc., a mattress manufacturing company, today announced plans to establish operations in Colleton County. The more than $1.9 million investment will create 50 new jobs. Allegiance Flag Supply, a producer of high-quality American flags, today announced plans to expand operations in Charleston County.

I am in the process of moving to working in the office, so seeing how hard the staff works to make sure our caregivers and clients are taken care of is really incredible. However, unlike many other states, in South Carolina the SOS does not register DBA or trade names for South Carolina Small Businesses Near Me . The SOS only keeps a registry of legal names of domestic business entities. In most cases, these names are reserved when you are first setting up your business and registering it with the SOS.

While creating a website is an essential step, some may fear that it’s out of their reach because they don’t have any website-building experience. While this may have been a reasonable fear back in 2015, web technology has seen huge advancements in the past few years that makes the lives of small business owners much simpler. Once you feel confident about your answers to these questions, it’s time to move onto your business name. Your business name is the cornerstone of good branding and a successful business. To learn more about creating the best name for your business, read our How to Name a Business guide. Builds your company’s credit history, which can be useful to raise capital (e.g., small business loansand small business grants) later on.

The Small Business Administration defines a small business as one with fewer than 500 employees, while the Greater Columbia Chamber of Commerce considers companies with 50 or less employees to be small businesses. As much as 80 percent of chamber membership includes businesses of 50 employees or less. South Carolina’s office and shared services industry prove that the Palmetto State is home to a diversified and dynamic economy. During the impacts of COVID-19, SC Commerce is steadfast in supporting the business community with access to critical and timely resources. Where people can build a good life while building products and services, and businesses great and small can prosper. Cannonborough Beverage Company, a craft soda company, today announced plans to expand operations in Charleston County.

To file the Articles of Incorporation for a corporation in South Carolina, you must submit formation documents to the Secretary of State online or by mail along with the $110 filing fee and $25 initial report fee. LLCs are the simplest formal business structure to form and maintain. With less paperwork than other business structures, you can easily form an LLC in five easy steps. Whether you’re opening a brick-and-mortar establishment or starting a business from home — your business location informs the type of licensing and permits you’ll need as well as your business’s growth potential.

The goal of market research is to better understand your target market and competitors in order to craft an effective business plan. When readers purchase services discussed on our site, we often earn affiliate commissions that support our work. His curriculum at USC Aiken is naturally focused on entrepreneurship and small business management, along with leadership, Excel training, and motion picture strategic management electives. He also serves on the Business Advisory Council for the School of Business. Regarding prior education, he is a 2011 alumnus of USC Aiken and a 2013 MBA alumnus of UNC Greensboro Bryan School of Business. The economy, market trends and more affect small businesses.

Find support, information, and help to start and grow your business. You can also size up your competition with SCDOC’s newest online tool to help you make better decisions around competitive benchmarking, customers, suppliers, as well as marketing and advertising. “”Before working with eHealth I thought buying group health insurance would be difficult. I didn’t expect it to be as EASY as eHealth made it. My advice, work with eHealth – it’s easy.”” This is a complete guide on how you can start a business in South Carolina with a minimal investment. Follow the steps sequentially to establish your dream business successfully.

In addition to helping promote economic development and create jobs in South Carolina, the SSBCI Loan Participation Program benefits both small businesses and lenders. South Carolina’s program is funded by the federal Small Business Administration with support from private enterprise, state and local governments, institutions of higher learning and local economic development organizations. The South Carolina Department of Commerce today released its 2020 industry recruitment results. In total, the state won 126 economic development projects, accounting for $4 billion in capital investment and 11,147 new jobs. “”eHealth’s customer service makes group health insurance easy. At renewal time, eHealth answered all my questions and showed me all the options they offer.”” In South Carolina, companies with 50 or more full-time employees must provide health insurance coverage.

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