Baking Good Legislation
On August 27, Governor Pritzker signed into law the Home-to-Market Act. The Home-to-Market Act allows producers of home-based food products to sell their goods directly to customers. This new law goes into effect on January 1, 2022. This will foster the growth of home-based entrepreneurs, known as the cottage food businesses.
Prior to the passage of the Home-to-Market Act, cottage food producers were only allowed to sell their products at farmer's markets. They were prohibited from selling at fairs or festivals, and online. Compared to other states, Illinois has one of the most restrictive regulations governing the cottage food industry. This new act will open the door for a vast increase in sales and provide cottage producers the opportunity to start or grow their businesses. The Home-to-Market Act comes at the perfect time as many of these home-based food businesses and farms were hit hard by the pandemic. During the pandemic, many farmer's markets delayed their openings, leaving cottage food producers unable to sell their products. The new bill will especially benefit women-owned businesses, as 77% of cottage food businesses are owned by women.
The SBAC is a strong advocate for home-based businesses. Check out our most recent win regarding HBBs.
SIGNATURE BANK
Signature Bank was founded in 2006 for one reason: We knew there was a better way to help mid-sized businesses grow, thrive, and succeed-on both a business level and a personal level. As a mid-sized business owner, you don’t have time to worry about every financial detail to keep your business running smoothly. That’s what…
STEADFAST
Let Us Support Your Digital Transformation A Simpler Way to Get Into the Cloud We know it’s hard to believe. But, it’s true. There is a much simpler way to embark on your cloud journey. While there are many well-known cloud providers, most offer off-the-shelf packages that either don’t address your specific needs or “package” in a…
TANDEM HR
Tandem HR helps our clients focus on mission-critical business objectives by outsourcing the transactional aspects of human resources, workers’ compensation, risk management, employee benefits, and payroll administration. As the largest privately-held Chicago PEO, we pride ourselves on our ability to customize HR solutions. Tandem HR offers a variety of carve-out options and flexible human resource…
