Skilled Employee Pool
Part of the inherent ease of doing business in Bonner County is its bounty of skilled workers. And when you're located in a beautiful area that happens to have a lower cost of living, it's particularly easy to find employees who are excited about being part of your growth and productivity. Additionally, Idaho distributes a Workforce Development Training Fund to help Idaho businesses train their workers, so you can have a knowledgeable team up and running in no time.
Low Business Costs
Idaho is teeming with opportunities for business. Did you know that Idaho is ranked 7th in the nation of top states for business by Forbes and 3rd for our economic climate? In Bonner County, you'll also discover some of the lowest workers compensation premiums in the country, thanks to Idaho's emphasis on working safely and productively. Overall, the costs of doing business in Idaho are much lower when compared with other parts of the country. Idaho enjoys a business-friendly government that is committed to helping businesses become successful, profitable assets to its communities.
Why Idaho consistently receives the nod from the business and financial community as a state where business thrives:
- Number One in Patents Issued Per Capita
- Lowest Energy Costs in the Nation
- Best Short Term Employment Growth
- Most New Companies
- Lowest Crime Rate in the Western United States
- Best Overall Change in the Poverty Rate
- Third best High Tech wages vs. Private Sector Wages
- Best Vacation Value
In Bonner County, you’ll also discover some of the lowest workers compensation premiums in the country, thanks to Idaho’s emphasis on working safely and productively. And, having already dropped 36% in the last five years, rates continue to fall steadily, making this an ideal time to relocate your business.Overall, the costs of doing business in Idaho are much lower when compared with other parts of the country.
According to the Regional Financial Associates, Idaho is the seventh best state in the country for total business-related expenditures. For example, many companies find their overall energy costs are half of what they would be in other western regions. And gas prices are just as attractive, as the state is conveniently located on a major north-south natural gas pipeline.Idaho enjoys a business-friendly government that is committed to helping businesses become successful, profitable assets to its communities. And state and local officials have worked hard to ensure a balanced tax structure that has to date resulted in the third lowest per capita tax burden in the West.