Franchise Opportunity in Sioux Falls, South Dakota
Are you looking for an investment opportunity that allows you to be your own boss but still provides outstanding corporate support? Do you want to be your own boss while still receiving ongoing training from an established corporation? Invest in Experimax, the leading franchise opportunity for those who buy, sell, and trade in pre-owned Apple® products. At Experimax, we want only the best for our franchise owners: training, technology, and locations. That’s why we want to expand into Sioux Falls, South Dakota, with its robust economy and resources for business owners. Keep reading to learn more about what Sioux Falls has to offer an Experimax franchise owner.
Though Sioux Falls was established as a mining and agricultural town, the local economy has become extremely diverse in the last few decades. Indeed this economic diversity has led to the city having an extremely low unemployment rate of 2.8%–compared to the national rate of over 6%, Sioux Falls’ unemployment is astronomically low. In addition, job growth is at 2.5%, which is double the national rate. These two factors, and many others, led to Sioux Falls being ranked #3 on Forbes list of the Best Places for Business and Careers.
In order to keep the economy strong and diverse, and thereby maintaining its high ranking as an economic power, Sioux Falls has many resources to offer businesses that want to move or open there. The city’s Economic Development Division, or EDD, is responsible for encouraging investment in the city, fostering job growth, and enhancing the economic base in the city. One of the ways the EDD does this is through tax incremental financing, or TIF, which is a program that offers tax reimbursements to businesses that develop in certain areas of the city. These areas may be low- to middle-income areas that are affected by declining populations, decrepit buildings, or few economic opportunities. Businesses that take an interest in such areas are eligible for TIF refunds or other tax incentives.
With everything Sioux Falls has to offer an Experimax franchise owner, the decision to invest there is a no brainer. The city’s strong economy, resources for business owners, and Experimax’s supportive corporate combine to create an ideal situation for a business owner of any experience level. If you’re ready to get started on your future career, click this LINK to find out how to open an Experimax franchise right away.