How We Support Taylorsville Businesses
Taylorsville, Utah is a thriving city in Salt Lake County with a population of 59,010, featuring a robust economy with a 5.15% increase in median household income to $85,608 from 2022 to 2023. Supported by a labor force of approximately 30,400 employees, key industries including retail trade (4,075 people), manufacturing (4,032 people), and health care (3,327 people) drive economic vitality. At ChamberWest, we are dedicated to fostering the growth and success of Taylorsville businesses by providing tailored support, connecting entrepreneurs with valuable networking opportunities to build relationships with business leaders, clients, and community influencers.Â
Through advocacy, we represent the interests of Taylorsville’s business community, ensuring their voices are heard on civic and political issues that impact their operations. By joining ChamberWest, Taylorsville businesses gain a partner committed to driving economic prosperity and creating a stronger, more vibrant community.Â
ChamberWest Member Map
Discover ChamberWest’s vibrant network of Taylorsville businesses through our Member Map. From retailers to professional services, our diverse members collaborate to drive growth and innovation. This interactive tool connects you with local businesses, highlights enhanced members, and offers networking opportunities tailored to your needs.Â
Explore our member map to find businesses like yours making an impact in Taylorsville and beyond.Â
Why Choose Taylorsville for Your Business?
Undeveloped Land
Taylorsville, UT, offers significant opportunities for growth with available undeveloped land, including parcels within areas like the Sorenson Research Park. This space provides businesses with the flexibility to establish custom facilities or expand operations in a central Salt Lake Valley location, ideal for innovative projects and long-term development in a community focused on economic revitalization.
Population
With a population exceeding 57,000 residents, Taylorsville is a thriving hub in the heart of the Salt Lake Valley. Its diverse and steadily growing community creates a robust customer base and a vibrant market for businesses, complemented by a youthful median age of 33.7, ensuring a dynamic and engaged populace.
Labor Force
Taylorsville provides access to a skilled labor pool, with over half a million potential employees within a reasonable commuting distance. The city’s workforce is notably younger and better educated than the national average, bolstered by Utah’s high rankings in high school and college graduates, making it a prime spot for recruiting top talent.
Universities
Within a 40-mile radius, Taylorsville, Utah is surrounded by numerous educational institutions, including the Utah State University – Salt Lake Center located right in the city. With 40 universities nearby, businesses benefit from a continuous supply of graduates in fields ranging from technology to business, fostering innovation and a highly skilled workforce.
Transportation
Strategically positioned, Taylorsville offers seamless connectivity via major arteries like I-215, Redwood Road, and Bangerter Highway, as well as the upcoming Midvalley Connector Bus Rapid Transit line. Just 15 minutes from Salt Lake City International Airport, businesses enjoy efficient access to regional and global markets for shipping and travel.
Regional Airport
Taylorsville is conveniently located near the South Valley Regional Airport in West Jordan, less than 10 miles away. This proximity enhances logistics and travel options, providing businesses with a regional aviation resource for corporate needs, trade, and streamlined operations in the Salt Lake Valley.
*Statistics are sourced from https://www.taylorsvilleut.gov/business/why-choose-taylorsvilleÂ
ChamberWest Events for Taylorsville Businesses
ChamberWest Events are designed to bring the Taylorsville, UT, business community together, offering a diverse range of opportunities to connect, grow, and contribute. From networking mixers that spark meaningful professional relationships to luncheons featuring inspiring keynote speakers, our events provide valuable insights and foster collaboration among members. Whether you’re looking to expand your network, gain industry knowledge, or make a positive impact, ChamberWest Events are your gateway to building a stronger, more engaged business presence in Taylorsville.
Steps to Start a Business in Taylorsville
Launching a business in Taylorsville is a rewarding endeavor, and with the right steps, you can establish a strong foundation for success. Here’s a streamlined guide to help you navigate the process and get started in this vibrant community.
Research and Plan Your Business
Kick off your journey by crafting a solid business idea and conducting thorough market research. Tap into resources like the Utah Small Business Development Center (SBDC) to polish your business plan, pinpoint your target market, and evaluate local competition in Taylorsville.
Choose a Business Structure
Select the legal framework that best suits your venture—whether it’s a sole proprietorship, LLC, or corporation. Each option affects taxes, liability, and paperwork differently, so consider seeking advice from a legal or financial expert to make an informed choice.
Register Your Business
Secure your business name by registering it with the Utah Division of Corporations and Commercial Code. Verify that your name is unique and meets state guidelines to establish your brand in Taylorsville.Â
Obtain Required Licenses and Permits
Depending on your business type, Taylorsville and Salt Lake County may mandate specific licenses or permits. Apply for your business license through the Taylorsville city website and connect with ChamberWest to ensure compliance with all local and state regulations.
Secure Funding
Explore financing options such as the B:Side Fund or other Utah-based programs offering loans, grants, and mentorship. These resources can provide the capital and guidance needed to launch and grow your Taylorsville business.
Set Up Taxes and Insurance
Obtain an Employer Identification Number (EIN) from the IRS for tax filing. Check if your business needs to collect sales tax and register with the Utah State Tax Commission. Protect your venture by securing appropriate business insurance tailored to your needs.
Find the Right Location
Taylorsville boasts a range of commercial opportunities, including spaces in areas like Sorenson Research Park and along key corridors like Redwood Road. The city’s Economic Development team can help you locate the ideal spot to bring your vision to life.
Connect with Local Resources
Join ChamberWest to tap into a network of local businesses, gain access to valuable tools, and deepen your understanding of the Taylorsville market. Additional support from groups like the Better Business Bureau and Local First Utah can enhance your credibility and growth.
Business Resources in Taylorsville
Taylorsville Economic Development
The City of Taylorsville’s Economic Development team is dedicated to cultivating a supportive environment for local businesses. They provide tailored assistance, including help with site selection, market insights specific to Taylorsville, and connections to community resources, ensuring entrepreneurs have the tools to thrive in this growing city.
Utah Small Business Development Center (SBDC) – Taylorsville
The Utah SBDC offers free, expert consulting and training for Taylorsville entrepreneurs. With a local presence, they assist with crafting business plans, understanding regulatory requirements, and building effective marketing strategies—making them a vital partner for startups and small businesses in the area.
Salt Lake County Economic Development – Taylorsville Initiatives
Salt Lake County Economic Development collaborates with Taylorsville to drive business success. They provide access to financing options, workforce development programs, and workshops tailored to help Taylorsville businesses remain competitive and innovative in the Salt Lake Valley market.
B:Side Fund for Taylorsville Entrepreneurs
The B:Side Fund supports Taylorsville’s small business community with flexible financing solutions. Focused on empowering underserved entrepreneurs, they offer loans and mentorship customized to meet the unique needs of businesses in Taylorsville, fostering growth and resilience.
Better Business Bureau (BBB) Serving Northern Nevada and Utah
The BBB partners with Taylorsville businesses to enhance credibility and consumer confidence. Through accreditation, dispute resolution, and educational resources, they equip local companies with the tools to distinguish themselves in both the Taylorsville and broader regional markets.
Economic Development Corporation of Utah (EDCUtah)
EDCUtah works alongside Taylorsville’s Economic Development team to attract and support businesses expanding or relocating to the area. They provide market research, site selection guidance, and local partnerships, all designed to boost economic vitality in Taylorsville.
ChamberWest Members – Leveraging Local Expertise
ChamberWest links Taylorsville businesses with a network of seasoned members who bring local knowledge and collaboration opportunities. Whether it’s industry-specific advice, referrals, or strategic partnerships, connecting with ChamberWest members helps entrepreneurs overcome obstacles, expand their influence, and grow sustainably within the Taylorsville community.
Join Our Chamber of Commerce
Joining ChamberWest means stepping into a vibrant network of businesses and professionals committed to driving success in Taylorsville. As a member, you’ll unlock exclusive resources, networking events, and opportunities tailored to help your business flourish. Whether you aim to broaden your reach, sharpen your skills, or forge connections with fellow entrepreneurs, ChamberWest equips you with the support and tools to realize your ambitions. Together, let’s build a stronger, more thriving Taylorsville, UT, business community.