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Thursday, April 21, 2011

Barriers to Small Business Development in Chapel Hill

In 2010 the Town Manager's office completed this report to assess concerns with small business development in Chapel Hill.

http://www.ci.chapel-hill.nc.us/Modules/ShowDocument.aspx?documentid=6503

Instead of repeating the specific complaints listed in this document I will instead address issues that may inadvertently deter African American entrepreneurs and business owners from attempting to begin their business in Chapel Hill. One of the main things that was cited as a con to opening a business in downtown Chapel Hill aside from parking and bureaucracy hurdles was the high cost and how it is comparably cheaper and in some ways easier to open a business in other places like Durham or Carrboro. Though the issues in this report are pertinent for all small businesses interested in developing in Chapel Hill it could be a particularly important factor for minority owned businesses who are historically at an economic disadvantage and may prefer setting up their business in other nearby downtown areas where it is more economically advantageous due to lower costs. These businesses may also feel more welcome in Durham where there is a greater number of minority and particularly African American-owned businesses.

Starting a Business in Downtown Chapel Hill

This is a manual describing the steps for starting a business in Downtown Chapel Hill.

http://www.downtownchapelhill.com/storage/development-pdfs/StartingNewBusiness.pdf

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