Santa Clarita’s small business growth is on the rise, with the third largest city in Los Angeles County experiencing a golden era of prosperity. Small businesses in America have faced significant obstacles in recent years, and many have collapsed. Small businesses in Santa Clarita, on the other hand, have benefited from local government incentives, a strong economy, consistent population growth, and low unemployment. Santa Clarita was selected a finalist in the LAEDC Most Business-Friendly City Awards 2021 for the second year in a row, demonstrating its resiliency and improvement. The Small Company Grant Program and the Shop/Eat Local Campaign, as well as a network of professional advisory organizations and a plethora of internet resources, have all contributed to the city’s small business growth. Here’s everything you need to know if you want to start a small business in Santa Clarita.
Best Practices for Growing Your Company
Much of the information needed to start and run a small business in Santa Clarita may be found online. The city’s website provides free publicity for small businesses through its business profile index, while affiliate pages offer a variety of information on every facet of small business operations. There are conversations about the importance of cash flow strategies, how to utilize an invoice template to improve supplier and customer relations, and how to use a credit card for short-term expense relief. Santa Clarita’s continued support for its small business sector through internet interactions and referrals was critical to the city’s ability to stay open during the pandemic.
The pandemic changed the way we do business, and the City of Santa Clarita adapted by keeping its permit offices open 24 hours a day, seven days a week. It continues to welcome new firms into the area while also providing aid packages to struggling enterprises. Following the epidemic, the city provides small businesses with a variety of choices for establishing and expanding. It gives a home office permit to small enterprises whose primary residence is also their place of business, and it expedites permits for tenants who wish to make renovations on commercial buildings. Santa Clarita also encourages good environmental change through initiatives and tax breaks for firms that switch to cleaner, greener operations.
Location, Population, and Prosperity
If you’re one of the over 300,000 people who currently call Santa Clarita home, you’re well aware of the city’s value as a place to live, work, and prosper. Many others are relocating to Santa Clarita from other regions of the state or country, seeking to benefit from the city’s strong population, infrastructural, and industry investment growth. Logix, Quest Diagnostics, Boston Scientifics, and Honda Performance Development are just a few of the prominent enterprises and major employers in Santa Clarita. The wealth and subsidiary markets generated by big enterprises continue to benefit small businesses in the city. Santa Clarita has one of the highest average median household incomes in the state, providing considerable opportunity for small enterprises to thrive.
Many existing and new small businesses in Santa Clarita are expected to thrive in 2022, reflecting the city’s boom-time reputation as a destination of opportunity, location, luxury, and an aspirational lifestyle.