State Incentive Programs Snapshot
by Admin
Posted on 21-02-2024 10:13 PM
Marked by an ever-evolving pro-
business
climate, gilbert, arizona benefits from significant incentive programs on the state and local levels. These programs provide qualifying gilbert-based businesses with significant reductions in property, sales and income tax liabilities. Additional depreciation – reduces personal property tax liability on class 1 (commercial and industrial) and class 2 (agricultural) property.
The schedule is applied to the first five years of the property assessment and accelerates depreciation to 89% of the scheduled value in year five. Angel investment tax credit – income tax credit of up to 30% of the investment amount (35% for investment in bioscience) available to those who invest in a qualified small business with no more than $10 million in assets.
Businesses for sale in Gilbert, AZ
With funding from a grant from the u. S. Small business administration (sba) and matching funds contributed by the arizona commerce authority (aca), the aca runs arizona’s state trade expansion program (step). Azstep assists arizona small businesses to enter export markets for the first
time
or to expand into new markets. This will enable these businesses (which account for 98% of the businesses in arizona) to increase their revenues via international sales and to thereby be even more significant engines for job creation and economic growth in arizona.
“our strategic decision to locate our new delivery center in the metro-phoenix area expands upon our nearly 60-year investment in, and commitment to, arizona. The new center will further enhance our leadership position in the region by leveraging a deep talent pool of highly-skilled workers to serve our clients across industry sectors. ”jonas mccormick, arizona managing principal, deloitte “technology continues to be an instigator for change in gilbert. Our community continuously proves to be one that embraces new technology and challenges. Everywhere we turn we’re exposed to innovative forms of digital interaction. It’s this type of “tomorrow land” mindset that attracts more businesses to the area and positions us as a trailblazing community.
Located near the original town site, gilbert’s opportunity zone is one square mile and encompasses the community’s northwest growth area and the downtown heritage district. Focused revitalization efforts are underway in these key growth areas and gilbert is making strategic infrastructure improvements, encouraging private sector reinvestment and new development, which in return is increasing property values, and improving quality of life in the community. Over the past ten years, gilbert’s heritage district has undergone a renaissance, transforming it into a premier entertainment district and employment destination within metro phoenix. Since 2012 the heritage district has had more than $60 million in public investment and attracted over $80 million in private investment.
Gilbert, az very profitable and established easy valley dry cleaning store for sale, with full plant and expanded shirt laundry facility. Business is located in a grocery store anchored center with lower rent, $345,000.
Busy Growing Senior Care Services Business In Gilbert
$139,900 furniture / fixtures included sales revenue: cash flow: $257,500 this particular business is part of a brand that was one of the very first companies in the united states to offer in-home care to seniors and adults with disabilities, illnesses, or injuries, and we are focused on delivering compassionate care for each and every client we serve. This is a busy and 26-years established “non-medical” senior care company. 25 years of positive growth, system-wide, year over year. Our services also include in-home care, technology, wellness checks and nutrition to ensure our clients have round the clock total care even when a caregiver is not in the home.
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