Beardstown businesses consider Enterprise Zone
Over 40 local business owners met at the Elks Club on Thursday, Nov. 5 for an informational meeting about the Beardstown Enterprise Zone - an area within Beardstown that offers a variety of incentives for commercial and industrial businesses within its borders.
Speaker Keith Moran, of Moran Development, explained that Enterprise Zones offer several benefits to local businesses, chief among them a sales tax exemption on building materials. “This is probably the biggest benefit to small businesses,” Moran stated. “A sales tax exemption on a large material purchase can save a business potentially thousands of dollars.”