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Business relocates for a wide variety of reasons.
Business relocation North Dakota will look at the reasons to move to this midwestern area of US and the resources available in supporting the relocation. |
Why relocate to North Dakota? What are the available resources that a business could get before making the decision to move?
Business Relocation North Dakota
Located in the Midwestern region of the United States of America, North Dakota is a state on the Canadian border halfway between the Pacific and Atlantic oceans.
North Dakota is the 3rd least populous, with just over 646,844 residents as of 2009. The largest city in North Dakota is Fargo.
With such a number of population, it seems to have some contrast with what we mentioned about huge market supported by large population when talk about best business to start in China.
The major different here is due to the main economy activities.
Although petroleum and food processing are also major industries, agriculture is the largest industry in North Dakota, ranking 24th in the nation in the value of products sold. The state is the largest producer in the U.S. of barley, sunflower seeds, spring and durum wheat for processing, and farm-raised turkeys.
While in the western part of the state, there is currently an oil boom in Western North Dakota: the Tioga, Stanley and Minot-Burlington communities are experiencing rapid growth. The oil reserves may hold up to 400 billion barrels (6.4×1010 m3) of oil.
Besides agricultural and oil, green energy also provides advantages and opportunities to North Dakota.
Wind energy in North Dakota is very cost effective because the state has large rural expanses and wind speeds seldom go below 10 mph (16 km/h).The Great Plains area, which North Dakota is apart of, is called the “Saudi Arabia” of wind energy.
North Dakota has the capability of producing 1.2 billion kilowatt hours of energy (enough to power 25% of the entire country’s energy needs).
As you can see from above, business relocation North Dakota is different from business relocation West Fargo.
Business Relocation North Dakota
Before you make the final decision, you may want to source for some useful information about businesses in North Dakota. Below is a compiled list where you could refer to:
1. The Official Portal for North Dakota State Government
North Dakota’s business climate has gained a reputation for supporting emerging businesses, entrepreneurs and expansions.
Quoted from the Governor John Hoeven
“We have been working hard to build a strong, responsive business climate in North Dakota to provide emerging and expanding businesses with the resources they need to grow and succeed in our state. We’ve simplified our tax system and created new tax incentives, streamlined regulatory processes, developed flexible financing programs, and readied our workforce for the high-demand careers of the future.”
2. North Dakota New Business Registration Website
The topics addressed within this site will assist you in planning and establishing your business. You can get information about what you should do and what you need to do. This includes business planning, licensing, registering your business name, sales tax requirements, protecting your business and other state requirements.
http://www.nd.gov/businessreg/
Besides the local authority websites, there are few other websites that you may refer to:
1. North Dakota Small Business Guide at Business.Gov
Business.gov is the U.S. Government’s official website for small businesses. Business.gov provides access to Federal, state, and local information that helps business owners successfully start and operate while staying compliant with laws and regulations.
http://www.business.gov/states/north-dakota/
2. North Dakota Small Business Development Center
SBDC job is to use their expertise to make your business successful. Their consultants have years of experience & know what it takes to start a business in North Dakota & keep it operating profitably.
http://www.ndsbdc.org/
3. North Dakota Business Directory
This will give you some ideas of what are the businesses in the neighborhood.
http://www.resourcelinks.net/indexnd.htm
For interactive content, you may want to check out the commercial video of why Appareo CFO Ahron Walter choose North Dakota at FOXBusiness.com:
Title: Benefits of Business in North Dakota
Published: Tue, 6 Oct 2009
Description: Appareo CFO Ahron Walter tells FBN’s Jeff Flock why he does business in North Dakota
http://www.foxbusiness.com/search-results/m/26737942/benefits-of-business-in-north-dakota.htm
As with any other business related activities, when it comes to business relocation North Dakota, always do your homework and due diligence before making any decision.
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