Purchasing a company that is already in existence is a valid alternative. If you are interested in potentially acquiring a business instead of starting one from the ground up, there are several vital questions to answer.
Did you know that much of Stanislaus County and Tuolumne County are designated as HubZones by the Small Business Administration (SBA)! This can provide great benefit to your business if you contract with federal agencies
In an effort to spur economic development a program called Opportunity Zones were created under the 2017 Tax Cuts and Jobs Act. The goal is to attract long-term investments by giving tax incentives to those will re-invest their unrealized capital gains in a Qualified Opportunity Fund (QOF).