Vermont Business for Sale - The Business Broker Journal

Per Capita Real GDP: $34,472 Rank: 29/50 (2006)

Population: 608,827 Rank: 49/50 (2000)

Per Capita Personal Income: $34,264 Rank: 24/50 (2006)

Unemployment Rate: 4.20% Rank: 19/50 (2008)

Business Tax Climate Index: Rank: 44/50 (2008)

Corporate Tax Rate: 6.0%

Individual Tax Rate: 3.6% - 9.5%

Sales Tax Rate: 6%

Business Tax Climate Index:

Individual Income Tax Index Rank: 46

Sales Tax Index Rank: 15

Unemployment Insurance Tax Index Rank: 16

Property Tax Index Rank: 46

Business Tax Climate Index: 44

Corporate Tax Index Rank: 32

Vermont The State

In Vermont’s beginning, farming was the strongest contributor to its economy, but manufacturing took over in the twentieth century. Electrical equipment is currently the leading manufactured product, contributing about a third of the industry’s income. In the last several decades the service industry has seen the most growth, with tourism consistently on the rise. Vermont is the nation's leading producer of maple syrup, accounting for over 25% of the nation's total. The extraction of maple syrup is also pictured on the state quarter.

State Information

Abbreviation: VT

Capital: Montpelier

Nick Name Green Mountain State

State Web Site: http://www.vermont.gov

Motto: Freedom and unity

Top 5 Export Partner Countries

Canada, Taiwan, Singapore, Korea, South, Hong Kong

Top 5 Export Merchandise

Electrical Equipment Sales

Machinery Sales

Electrical Equipment Manufacturing

Plastic and Rubber Products Manufacturing

Printing Manufacturing

Major Cities

Burlington, Rutland, South Burlington

Main Airports:

BTV Burlington International Burlington

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Vermont Secretary of State:

Secretary of State (SOS): Information about elections, registered businesses, trademarks, and lobbyists.

Vermont Small Business Administration:

Small Business Administration

Offers business development counseling and training programs and information on SBA loan programs.

Vermont SCORE Offices

Essex Junction - Champlain Valley SCORE

Business People Vermont

Business People Vermont is a monthly business periodical that showcases the business leaders and success stories of the state. It also offers commentary and advice pieces, as well as state news briefs.

Department of Economic Development

The Vermont Department of Economic Development helps both in and out-of-state businesses who wish to establish themselves locally or abroad. Its website contains a wealth of resources, including economic data and industry specific information. The department is also part of several state initiatives, and provides various services to businesses.

Vermont Center for Emerging Technology (VCET)

The VCET is a business incubator, focused primarily on technology start-ups. It offers office and laboratory, as well as a mentoring service with members that include local business leaders and professionals. Residents of the incubator also gain access to the facilities and knowledge base of the University of Vermont.

Vermont Chamber of Commerce

The chamber represents the business community of Vermont in fostering the state’s economic development and growth. It focuses primarily on business advocacy and assistance, facilitating B2B and networking opportunities amongst members. Aside from this, its website also features information for visitors to the Green Mountain state.

Vermont Environmental Consortium (VEC)

The VEC is dedicated to companies achieve sustainability and profitability by improving their processes. A few of the services it provides includes business development assistance, brand building, and networking opportunities.

Vermont Manufacturing Extension Center (VMEC)

The VMEC helps smaller businesses within the state by optimizing their business processes. Services it provides include consultations, training workshops, and even one-on-one coaching.

Vermont Micro Business Development Program (MBDP)

The Vermont MBDP focuses on providing assistance to members of the low to middle income community, who wish to start or expand their own businesses. Its services range from one-on-one counseling to classroom training programs that teach management and business readiness.

Vermont Small Business Development Center (VtSBDC)

The Vermont SBDC is dedicated to promoting success and growth within the small business community of the state. It provides free counseling services, as well as affordable training programs in areas such as starting a business and entrepreneurship. The center’s website contains numerous resource links, and an extensive guide to E-commerce.

Vermont Women’s Business Center (VWBC)

The VWBC is dedicated to promoting the growth and development of women businesses and entrepreneurs. It provides numerous services, a number of which are free of charge. These include the creation of business and marketing plans, financial management, E-commerce, and internet marketing.

Vermont.gov

The official site of the state of Vermont, this site provides information on government, business, education, living, visiting, and working in the state. Business links include resources for starting a business in Vermont, licensing information, and state laws and regulations. The site also features news stories from around the state.

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Melanie Heinis

Meredith, NH