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Want to Start a Business?

Lewistown, Illinois, welcomes entrepreneurs and small business owners looking to establish and grow their businesses in our community. Whether you’re opening a storefront, starting a home-based business, or expanding an existing company, this guide will help you navigate the necessary steps to start your business successfully.

Step 1: Develop a Business Plan

Before launching your business, creating a business plan is essential. A solid plan outlines your business goals, target market, financial projections, and operational strategies.

  • Need assistance? The Small Business Development Center (SBDC) at Bradley University provides free business consulting and planning resources.
  • Contact: (309) 677-2992
  • Website: Illinois SBDC at Bradley University

      Step 2: Choose a Business Structure

      Selecting the right legal structure for your business impacts taxation, liability, and registration requirements. Common business structures include:

      ✔ Sole Proprietorship – Easiest to set up, but owner assumes personal liability.
      ✔ Limited Liability Company (LLC) – Offers liability protection with simpler tax requirements.
      ✔ Corporation (C-Corp or S-Corp) – Best for businesses seeking investors or multiple owners.

      For legal advice, consult an accountant or business attorney.

            Step 3: Register Your Business

            Most businesses in Lewistown need to register at the state and federal levels.

            Register with the State of Illinois

            Apply for an Employer Identification Number (EIN)

            • Required for tax purposes if you have employees.
            • Website: irs.gov

            Get a Business License (If Required)

            • Some businesses may need specific licenses or permits from the City of Lewistown.
            • Contact City Hall: (309) 547-4300

                  Step 4: Secure a Location

                  Finding the right business location is critical to your success.

                  • Check Available Properties in Lewistown – Explore commercial properties for sale or lease.
                  • Contact local real estate agents or the Lewistown Chamber of Commerce for assistance.

                        Step 5: Understand Zoning & Permits

                        Before operating a business, ensure your location complies with zoning laws.

                        • Zoning & Building Permits – Some businesses require permits for signage, renovations, or occupancy.
                        • Contact the Lewistown Building & Zoning Department: (309) 547-4306
                        • Visit the Building & Zoning page for more details.

                              Step 6: Obtain Required Business Permits & Licenses

                              Certain industries require state or local permits, including:

                              ✔ Restaurants & Food Businesses – Health permits from the Fulton County Health Department.
                              ✔ Liquor Sales – License from the Illinois Liquor Control Commission.
                              ✔ Home-Based Businesses – May need a special permit from the city.

                              Contact City Hall at (309) 547-4300 to verify permit requirements.

                                    Step 7: Explore Financial Assistance & Incentives

                                    Lewistown and Fulton County offer programs to help businesses succeed.

                                    ✔ Enterprise Zone Tax Incentives – Qualifying businesses may receive property tax abatements or fee waivers.
                                    ✔ Small Business Loans & Grants – Funding opportunities through the SBA and local economic development organizations.

                                    • Contact the Fulton County Economic Development Office: (309) 647-2677
                                    • Explore Local Business Resources for funding opportunities.

                                          Step 8: Market Your Business

                                          Growing a successful business requires visibility.

                                          ✔ Join the Lewistown Chamber of Commerce – Get featured in the business directory and attend networking events.
                                          ✔ List Your Business on Google – Claim your Google Business Profile to reach local customers.
                                          ✔ Leverage Social Media – Promote your business on Facebook, Instagram, and other platforms.

                                          Contact the Chamber of Commerce: (309) 547-4300

                                                Step 9: Hire Employees (If Needed)

                                                If you plan to hire employees, ensure compliance with state and federal employment laws.

                                                ✔ Register for Illinois Unemployment Insurance – Required for most employers.
                                                ✔ Obtain Workers’ Compensation Insurance – Mandatory for businesses with employees.

                                                Visit Illinois Department of Employment Security for employer requirements.

                                                      Get Started Today!

                                                      Starting a business in Lewistown is a rewarding experience. By following these steps and leveraging the available resources, you can successfully establish and grow your business in our community.

                                                      ? Need More Help? Contact Lewistown City Hall at (309) 547-4300 or visit our Local Business Resources page for additional guidance.

                                                      We look forward to welcoming your business to Lewistown!