Author: Jake Keys

How to Find Young Professional Networking Events in Greensboro

April 6, 2026

Greensboro has one of the most active young professional communities in North Carolina, with a strong lineup of organizations and recurring events built specifically for people who are early in their careers and looking to grow. Whether you’re new to the city or getting more intentional about building connections, finding young professional networking events in Greensboro is easier than you might expect.

6 Young Professional Networking Events in Greensboro

Greensboro’s young professional landscape spans casual monthly mixers, structured weekly groups, and annual leadership summits. Check out a breakdown of the best local networking events for young professionals below:

1. Coffee & Conversation

Hosted by the Greensboro Chamber of Commerce and sponsored by Cone Health, Coffee & Conversation meets on the third Thursday of every month at Sagewell Health & Fitness. Each session pairs open networking with educational programming on topics tied to local economic development, talent, entrepreneurship, and community initiatives.

Members and non-members are both welcome, making it one of the most accessible recurring young professional networking events in Greensboro.

2. WE Connect

WE Connect is the Greensboro Chamber of Commerce’s women’s networking group, meeting monthly at the Chamber’s offices. Topics are chosen for women, by women, with a consistent focus on leadership development, empowerment, and professional education.

The group draws professionals from across industries and is open to all female-identifying individuals who want peer connection alongside targeted development.

3. synerG YP On Tap

Run by synerG Young Professionals, On Tap is a monthly drop-in networking event that rotates across venues throughout Greensboro.

Attendance is free and open to any young professional living or working in the area, with no registration required. For anyone new to the city’s young professionals’ scene, it’s a low-pressure place to get started.

4. synerG Grow Group

Grow Group meets every Tuesday morning from 8:45 to 10:00 AM and from 5:30 to 6:30 PM on the fourth monday of the month. Both meetings are held at Action Greensboro, and you can check their events page to confirm meeting times and the location.

The structured format gives each attendee a spotlight to share who they are and what they’re looking for, whether that’s professional connections, referrals, or collaborators. Young professionals who want consistent, small-group relationship building over a once-a-month mixer will find that Grow Group delivers in a way most networking events don’t.

5. synerG Lead Your City Summit

Lead Your City is synerG’s annual leadership summit, bringing together young professionals from across Greensboro for a full day of keynote presentations, panel discussions, and breakout sessions. Attendees connect with community leaders and subject matter experts who don’t typically show up at casual networking events.

Young professionals who want more than a handshake and a business card will find the summit covers both.

6. Greensboro Jaycees

The Greensboro Jaycees is a leadership organization for professionals aged 21 to 40, with monthly membership meetings built around networking, guest speakers, and leadership training.

The standout event on their calendar is Making Connections, a semi-annual format co-hosted with synerG that places young professionals in rotating small-group conversations with established community leaders across healthcare, design, economic development, and more. Mentorship and peer connection sit side by side here in a way few other organizations offer.

How to Network at an Event: 5 Young Professional Networking Tips

If you want to make the most of your time networking, make sure to follow these five young professional networking tips:

  • Prepare a short introduction: Before you walk in, have a clear, practiced answer to “so, what do you do?” It doesn’t need to be scripted, but it should cover who you are, what you do, and what you’re looking for. Fumbling through that introduction in the first conversation of the night can cost you momentum early.
  • Set a goal before you go: Decide in advance what a successful event looks like for you. It might be meeting three new people in a specific industry, or having one meaningful conversation rather than ten forgettable ones. A small, specific target keeps you focused without making the evening feel transactional.
  • Lead with curiosity, not a pitch: The professionals who build the strongest networks focus on the other person first. Ask questions, listen, and find out what someone is working on before you redirect to yourself. Being genuinely curious leaves a stronger impression than being impressive.
  • Be proactive about starting conversations: Waiting to be approached is a habit that costs you more connections than it saves you comfort. Look for groups with an open spot or people standing alone, and introduce yourself. Most people at a networking event are there for the same reason you are.
  • Follow up within 48 hours: A LinkedIn message or brief email within a day or two is what separates a conversation from an actual relationship. Reference something specific from your exchange so the follow-up feels personal rather than generic.

Find Your Next Networking Event at the Greensboro Chamber of Commerce

At the Greensboro Chamber of Commerce, we’re proud to help young professionals grow their network and build invaluable connections in the Greensboro area.  Review our events page to find our upcoming networking events. If you’re interested in getting more involved in the Chamber, check out the opportunities we provide to our members.

Why Greensboro Is the #1 City for Small Businesses in NC

March 18, 2026

Greensboro earned its #1 ranking among North Carolina cities for small businesses in 2025, according to a report by B2B Reviews that evaluated 49 of the state’s most populated cities across five business-critical metrics. The recognition reflects a combination of quantifiable advantages — from tax rates and real estate costs to workforce depth and entrepreneurial infrastructure — that make the Gate City a standout destination for business owners.

Why Greensboro Is One of the Best Cities in NC to Start and Grow a Small Business

Greensboro’s top ranking wasn’t based on a single standout factor. From the lower cost of doing business to the depth of local support, the city checks a lot of boxes that matter to small business owners.

Learn more about the top eight reasons Greensboro continues to stand out as one of the best places in North Carolina to build a company:

1. One of the Lowest Sales Tax Rates in North Carolina

Greensboro’s combined sales tax rate of 6.75% was one of the primary drivers of its #1 ranking, and it’s a meaningful advantage for small businesses managing tight margins. Both Charlotte and Raleigh carry a 7.25% rate, and Greensboro’s rate is among the lowest available in any of North Carolina’s major cities.

North Carolina also ranks #4 in the nation for the lowest corporate tax rate. As a result, small businesses in Greensboro benefit from a favorable tax environment at both the state and local levels.

2. Affordable Commercial Real Estate

The average cost of commercial real estate in Greensboro sits at roughly $15.66 per square foot, a significant contrast to the $29.59 per square foot average in Charlotte and $27.94 in Raleigh.

For small businesses, this significant gap in real estate costs translates directly into lower overhead, greater flexibility in choosing a location, and more capital available for growth. Whether you’re opening a storefront, leasing office space, or looking for room to expand, Greensboro’s real estate market is one of the most accessible in the state.

3. A Deep and Growing Workforce Pipeline

Greensboro is home to UNC Greensboro, NC A&T State University, and Guilford Technical Community College, with 18 regional colleges and universities contributing to a pool of more than 100,000 undergraduate students in the area. This talent pipeline is a genuine competitive advantage for Geensobro’s small businesses when it comes to hiring, especially as the city’s tech sector has seen substantial job growth in recent years.

The Greensboro Chamber of Commerce also works directly with local colleges and universities to help businesses connect with qualified candidates.

4. A Strong, Established Business Ecosystem

Greensboro accounts for 3.86% of all employer firms in North Carolina, ranking it in the top five statewide for that metric. That figure matters because it reflects a business community where companies are not only launching but sustaining themselves over time.

Small businesses here operate alongside an established network of industries in aerospace, life sciences, advanced manufacturing, and financial services, creating a stable economic environment with real cross-sector opportunity.

5. Steady Population Growth and an Expanding Customer Base

Greensboro’s population grew 2.73% from 2020 to 2024, rising from 299,190 to 307,381. This steady upward trend signals consistent growth in the local consumer base.

With a current population of more than 307,000, the city offers small businesses a substantial and growing market without the congestion and costs that come with North Carolina’s largest metros. A growing city means more potential customers, more hiring opportunities, and a stronger long-term foundation for businesses at every stage.

6. Geographic Reach and Logistics Advantage

Roughly 50% of the U.S. population lives within 650 miles of Greensboro, positioning the city as an efficient hub for businesses that rely on distribution, supply chain access, or regional reach.

Proximity to I-40, I-85, and Piedmont Triad International Airport makes it easy for businesses in Greensboro to move products and connect with partners across the Southeast and beyond. For small businesses that need to serve customers outside of Greensboro, the city’s location is an asset that doesn’t always get the attention it deserves.

7. Robust Entrepreneurial Support Infrastructure

Few cities of Greensboro’s size offer the depth of small business support available here. The Nussbaum Center for Entrepreneurship, SCORE, the SBTDC, and GTCC’s Small Business Center all operate locally, providing counseling, education, and resources at little or no cost to business owners.

The Greensboro Chamber of Commerce adds to that foundation through Launch Greensboro, a suite of entrepreneurship programs including LaunchCamp, LaunchLab 101, and LaunchLab Growth that have helped hundreds of companies get off the ground and scale.

8. North Carolina’s Business Climate Makes Greensboro an Even Stronger Bet

Greensboro’s advantages don’t exist in isolation. North Carolina earned the top spot in CNBC’s 2025 rankings of America’s Top States for Business, a recognition the state has now claimed three times in four years, with high marks in economy, workforce development, and business friendliness.

This state-level strength creates a favorable backdrop for every business operating in Greensboro, from regulatory predictability to ongoing investment in infrastructure and workforce development that supports growth across the region.

Support Your Small Business With the Greensboro Chamber of Commerce

Greensboro’s #1 ranking reflects the community, infrastructure, and resources that have made this city a great place to build a business. The Greensboro Chamber of Commerce is proud to play a role in that ecosystem, offering programs, networking events, and business advisory support designed to help small business owners launch, grow, and connect with other leaders in the community.

Learn more about how the Greensboro Chamber of Commerce can support your business today.

8 Coworking Spaces in Greensboro Perfect for Small Businesses

February 4, 2026

As Greensboro, NC continues to expand as a regional business center, coworking spaces provide small businesses with professional workspace options—without the cost or commitment of traditional office leases.

What Are the Best Coworking Spaces in Greensboro, NC?

Greensboro is home to several coworking spaces that can be great options for small businesses. Take a look at the Greensboro Chamber of Commerce’s picks for the top eight Greensboro coworking spaces for small businesses:

1. THRIVE Coworking

With two locations downtown, THRIVE makes sense for small businesses that want flexibility now and room to scale later, whether that means coworking a few days a week or moving into a dedicated desk or private office. The addresses are 111 West Lewis St, Greensboro, NC 27406, and 111 Bain St, Greensboro, NC 27406.

  • Workspace options: Coworking memberships plus dedicated desks and private offices ranging in size.
  • Meeting support: Bookable meeting rooms for client meetings and team sessions.
  • Business basics: Mailbox options for a professional business address.

2. Nussbaum Center for Entrepreneurship

The Nussbaum Center is a strong fit for small businesses that want a work environment built around entrepreneurship, including a community of founders and business owners. It’s located in south Greensboro at 1451 S Elm-Eugene St, Greensboro, NC 27406.

  • Flexible terms: The center highlights no long-term commitments for office solutions, with month-to-month office rentals available.
  • Built for collaboration: A setting designed to connect you with other entrepreneurs.
  • Professional infrastructure: Meeting-ready support, day-to-day workspace services, and essentials like gigabit internet and reservable conference rooms.

3. The Grove Creative Coworking

If your team wants a campus-style environment, The Grove is located at Revolution Mill and is a good match for small businesses that value a more creative, “settle in for the day” workspace feel. On the Revolution Mill campus, the Grove has offices at the 1250 building and the 2005 building.

  • Included essentials: Rent includes high-speed fiber internet.
  • Conference room access: Built-in access to reservable conference rooms helps with client meetings.
  • Shared amenities: Amenities include a kitchenette, copier, open collaboration space, and coffee.

4. Venture X Greensboro

Venture X is a professional option in the Green Valley area, which can be a plus for small businesses seeking a modern, client-friendly setting and straightforward access for team members from different parts of town. The address is 701 Green Valley Rd, Suite 100, Greensboro, NC 27408.

  • Professional workspace mix: Coworking and private office solutions for different team sizes.
  • Meeting space: Conference rooms and event space options for presentations and team sessions.
  • Convenience: The location offers complimentary parking and doesn’t require long-term contracts.

5. Office Evolution Greensboro

Office Evolution is a good fit for small businesses seeking an office-forward environment, especially for teams that need meeting rooms, day offices, or a business address option while remaining flexible. It’s located in the Friendly Center area at 806 Green Valley Road, Suite 200, Greensboro, NC 27408.

  • Multiple workspace types: Offices, coworking, meeting rooms, and virtual office options.
  • Easy to host clients: Meeting room access supports interviews, trainings, and presentations.
  • Convenient building setup: Ample free parking and close proximity to restaurants and shops.

6. Renaissance Place

Renaissance Place works well for businesses based in south Greensboro that want a coworking setup closer to where employees live and commute. The address is 5900 Scotland Rd, Greensboro, NC 27407.

  • Coworking and office suites: Options that can support both solo workers and small teams.
  • Room to grow: The location has larger offices and coworking spaces across multiple floors.
  • Meeting capability: Conference rooms are part of the offering for client meetings and team sessions.

7. 101 Elm

If you want a downtown address with a more traditional office feel, 101 Elm is a strong option for small businesses that need private offices, daily office rentals, or virtual office services without taking on a full lease. The address is 101 S Elm St, Greensboro, NC 27401.

  • Private office options: One- and two-person offices plus larger traditional office suites.
  • Flexible access: Daily office rentals and virtual office services are available.
  • On-site conveniences: The building lists amenities such as a fitness facility and parking pass options.

8. Regus

Regus can be a practical match for small businesses that want a familiar, fully serviced workspace model with flexible options, including coworking and private offices. With four different office spaces in Greensboro to choose from, Regus also makes it easy for businesses to pick a convenient location for their employees.

  • Multiple workspace formats: Dedicated desks, day coworking, and private office options.
  • Meeting and business services: Business address options and meeting rooms are part of the offering.
  • Flexible terms: Options to rent office space from a single hour to years.

10 Quick Tips for Picking the Right Coworking Space for Your Small Business

As you consider the options listed above, make your decision easier by following these tips for picking the right coworking space:

  • Start with your work style: Look for a setup that matches how your team actually works, including your balance of collaboration, calls, and deep focus time.
  • Ensure the location is convenient: Choose a spot that makes commuting easier for your team and that feels professional and welcoming for clients.
  • Confirm WiFi quality: Ask about internet speed and reliability, and if possible, test it during a tour or trial day before you commit.
    Evaluate your privacy needs: If you take sensitive calls, run interviews, or handle confidential work, make sure the space has phone booths or private rooms you can actually access when needed.
  • List the amenities you will use: Printing, meeting rooms, kitchen access, parking, and A/V support can be valuable, but only if they fit your day-to-day workflows.
  • Ask about flexibility: Check membership terms, hours, and how easy it is to add seats, upgrade to offices, or scale back if needed.
  • Evaluate the atmosphere in person: Noise levels, layout, and overall vibe affect productivity more than most teams expect, so a tour matters.
  • Look for quality operations: Friendly staff, a clean space, and reliable day-to-day management help reduce friction for your business.
    Treat it like a business decision: Compare total costs, including commuting, membership fees, and add-ons, and ask if a trial period is available.

Turn to the Greensboro Chamber of Commerce for Additional Business Support

As you grow your company with a dedicated office space, the Greensboro Chamber of Commerce is here to support you. With a variety of networking events and business advisory programs, we make it easy for small business owners to connect with other business leaders and expand their skillset.

Learn more about how we can support your business today.

2026 Business Awards Greensboro Companies Should Apply For

January 15, 2026

One of the best ways for Greensboro businesses to raise their local profile is to be nominated for and win an award from a local organization. If you’re interested in receiving one of Greensboro’s prestigious business awards, review our guide to the primary award opportunities in the city.

4 Awards Available to Greensboro Businesses

With awards from the Greensboro Chamber of Commerce, the Triad Business Journal, and the city of Greensboro’s Office of Sustainability and Resilience, businesses have a few different chances throughout the year to be nominated for awards. Find out more about the four primary small business awards in Greensboro below:

1. Greensboro Chamber of Commerce 2026 Small Business Awards

The Greensboro Chamber’s Small Business Awards celebrate the local companies and owners who help keep Greensboro growing, from creativity and entrepreneurship to real community impact.

Each year, the community nominates standout “business heroes,” before public voting and Chamber evaluation help spotlight winners and finalists. When businesses win, they’ll receive their award at the Small Business Awards event, receiving a heartfelt thank-you for their remarkable contributions to Greensboro. Find out more about each small business award a company can be nominated for below:

  • Mayor’s Committee Awards: These awards recognize employers and organizations that have successfully employed people with disabilities or helped build a barrier-free community in Greensboro. They’re presented through the Mayor’s Committee for Persons with Disabilities in partnership with the Chamber.
  • People’s Choice Award: This community-driven award allows nominees to earn extra recognition through public support and voting.
    Community Contributor Award: This award highlights an organization or individual that meaningfully supports Greensboro’s small business community, serving as an advocate, champion, and practical resource that helps others succeed.
  • Culture Creator Award: This recognition goes to a small business that intentionally builds an inclusive, equitable workplace culture and invests in employee well-being and development, proving that a strong culture isn’t only for big companies.
  • Ignition Award: This award spotlights an early-stage business that is already gaining momentum and contributing to the local economy. To be eligible, a business needs to have opened within the past three years.
  • Entrepreneur of the Year Award: This award recognizes a person or company whose entrepreneurial success has built a thriving, sustainable business and who continues contributing to Greensboro’s entrepreneurial ecosystem.
  • Small Business of the Year Award: This prestigious business award recognizes a company that demonstrates both business success and civic leadership, with community involvement, management practices, and financial performance as primary criteria.
When Can You Be Nominated for a 2026 Small Business Award?

Nominations typically open early in the year, and community members can nominate eligible Greensboro small businesses that meet the Chamber’s criteria.

When Do Nominations Close for the 2026 Small Business Award?

Deadlines are not published yet for 2026, but recent cycles closed roughly 10–11 weeks before the awards date.

2. Live Green Awards

Over the past few years, the City of Greensboro’s Office of Sustainability and Resilience has recognized local sustainability leadership through its annual Live Green Awards. The program honors businesses, individuals, and community organizations whose work advances a healthier, more resilient Greensboro, with an emphasis on initiatives that are innovative, inclusive, and environmentally responsible.

Greensboro’s Community Sustainability Council, with support from the Office of Sustainability and Resilience, created the Live Green Awards Program in 2023 to celebrate sustainability leadership across the community. These awards include:

  • Energy Wise Award: The Energy Wise Award honors a standout commitment to energy progress in Greensboro, including renewable energy use, energy efficiency improvements, air pollution reductions, and other innovative energy practices.
  • Sustainability Champion Award: The Sustainability Champion Award recognizes leaders who spread sustainability awareness and literacy while also taking action to create a more sustainable Greensboro.
  • Waste Not Award: The Waste Not Award spotlights exceptional sustainable waste management, including recycling, composting, waste avoidance, responsible sourcing, and waste recovery.
  • In Touch With Nature Award: The In Touch With Nature Award honors environmental stewardship through natural resource conservation, tree and land preservation, native plants, and sustainable landscaping, with a focus on innovative, locally meaningful practices.
  • Unity in Sustainability Award: The Unity in Sustainability Award recognizes sustainability leadership that centers diversity, equity, and resilience. It celebrates efforts that build inclusive environments, support marginalized communities, and develop socially just solutions to climate challenges.
When Can You Be Nominated for a Live Green Award?

Nominations open annually. For the 2026 Live Green Awards, the City accepted nominations from Nov. 3 through Dec. 5, 2025. Customers, neighbors, business partners, and other community members regularly nominate businesses for these awards.

When Do Nominations Close for the Live Green Awards?

For 2026, nominations closed Dec. 5, 2025. Deadlines can change each year, so check the current call for nominations.

3. Triad Business Journal Nominations

Triad Business Journal (TBJ) runs a slate of annual awards that spotlight standout companies and leaders across the Piedmont Triad, including Greensboro, Winston-Salem, and High Point.

For Triad-area businesses, these programs can be a smart credibility boost, especially for recruiting, sales enablement, and local PR. Many of TBJ’s awards are built around measurable impact, like employee experience, growth over time, or demonstrated leadership, which gives winners and finalists a strong story to share. If you’re interested in receiving one, please review the following TBJ awards:

  • Best Places to Work 2026 (nominations due January 16, 2026): This program recognizes companies with strong employee satisfaction and workplace culture, and it’s typically supported by a confidential employee survey process.
  • HR Impact Awards (nominations due February 5, 2026): Honors top human resources leaders in the Triad, highlighting the people shaping workplace culture, talent strategy, and employee experience.
  • Leaders in Diversity – Company Awards (Nominations due February 6, 2026): Recognizes organizations excelling in diversity and inclusion practices, with a focus on meaningful efforts in the workplace and community.
  • Leaders in Diversity – Individual Awards (Nominations due February 6, 2026): Highlights individuals advancing diversity and inclusion through leadership and measurable influence in their workplaces and communities.
  • Triad C-Suite Awards (Nominations due March 2, 2026): Celebrates top executives, including CEOs, CFOs, COOs, CIOs, and CTOs, recognized for performance, innovation, and leadership.
  • Family Business Awards (Nominations due March 26, 2026): Spotlights family-owned businesses across the Triad and the long-term leadership and community footprint that often comes with multigenerational ownership.
  • Fast 50 Awards (Nominations due April 30, 2026): Recognizes high-growth companies in the Triad, typically emphasizing sustained growth over multiple years and the business discipline required to scale.
  • Triad Commercial Real Estate Awards – Best Projects (Nominations due July 6, 2026): Recognizes the Triad’s 50 fastest-growing private companies, ranked using growth over the past three years.
  • Triad Commercial Real Estate Awards – Rising Star Award (Nominations due July 6, 2026): Recognizes rising stars in the Triad’s commercial real estate industry.
When Can You Be Nominated for a Triad Business Journal Award?

Nomination windows open throughout the year, and most programs accept nominations from employers, peers, clients, and sometimes self-nominations.

When Do Nominations Close for Triad Business Journal Awards?

There’s no single cutoff. Each award has its own deadline, and in 2026, those deadlines run from January 16 through July 6.

4. NC Department of Labor Safety Awards

The N.C. Department of Labor (NCDOL) Safety Awards Program recognizes private firms and public agencies across North Carolina that achieve and maintain strong workplace safety records. The goal is to promote accident prevention and encourage employers and employees to maintain a safe, healthful workplace.

Winners are recognized at regional awards events co-sponsored by local groups like chambers of commerce. For Greensboro-area employers, the Greensboro Chamber of Commerce partners with NCDOL every other year to host the local Safety Awards event, giving recipients a high-visibility moment to celebrate their safety performance with peers. The three awards provided by the program include:

  • Gold Award: Based on an employer’s DART rate (days away, restricted, or transferred), which reflects cases involving days away from work, restricted activity, or job transfer (using OSHA Form 300A).
  • Silver Award: Based on cases with days away from work only (also drawn from OSHA Form 300A), meaning incidents where an employee missed at least one full day of work (not including the day of injury).
  • Million-Hour Safety Awards: Given to organizations that accumulate one million employee hours with no injury or illness cases involving days away from work, with additional awards for each subsequent one million safe hours.
When Can You Apply for the NCDOL Safety Awards?

Applications open annually, with the NCDOL typically notifying employers when it’s time to submit (for 2026, NCDOL noted an email went out on January 9, 2026). Applications are due by February 15, 2026, and if you’d like to be notified about the awards going forward, join the NCDOL’s mailing list.

How to Apply for the NCDOL Safety Awards

Complete NCDOL’s online safety awards application, using your organization’s calendar year data and the requested incident-rate information.

NCDOL recommends reviewing the posted instructions and reference materials (including the rate chart) before submitting, and they encourage organizations to apply even if they don’t qualify, so they remain active in the program.

Apply for Small Business Awards in Greensboro

Interested in winning one of Greensboro’s awards for businesses? The Greensboro Chamber of Commerce is here to help. We’re proud to offer a number of programs that help entrepreneurs network, develop their skills, and foster talent at their company. The information and guidance provided at these programs can help you grow your name in Greensboro, putting you in a better position to receive an award.

Learn more about how the Greensboro Chamber of Commerce can support your business’s success. If you have any questions about our 2026 Greensboro Awards before we announce them, please contact us.

A Rundown of Small Business Tax Accountants in Greensboro, NC​

December 16, 2025

If you’re just starting a new business or want to ensure your existing business follows the law and engages in healthy financial practices, you need an expert tax accountant. Find out how to pick the best small business tax accountant, and check out our list of the most well-reviewed accountants in Greensboro.

Why Are Small Business Tax Accountants Important for Startups?

Small business tax accountants help startups and new owners stay compliant, choose the right structure, and plan ahead, protecting cash flow and reducing costly mistakes. They can help offer:

  • Smarter business setup from day one
  • Fewer compliance headaches
  • Better use of deductions and credits
  • Year-round tax planning instead of once-a-year scrambling
  • Cleaner books that support growth and funding

 

11 Best Small Business Accountants in Greensboro, NC

As you look for a small business account, you can narrow your search by starting with a few of the most well-reviewed CPAs in Greensboro. Learn about 11 Greensboro small business accountants that have a strong presence in Greensboro and are frequently well-reviewed below:

 

1. Decimals Tax and Accounting Services

Decimals Tax and Accounting Services is a Greensboro-based firm offering tax prep and bookkeeping support designed to help small business owners stay organized and focused on day-to-day growth.

Their service scope may be a match for startups that want support with routine filings and day-to-day financial organization in one place.

 

2. BRC

BRC is a long-established North Carolina firm with a strong presence in Greensboro and a broad menu of services that extends beyond tax into assurance, consulting, and wealth planning.

For small businesses seeking a partner to support compliance and future planning, BRC’s services may be a good fit.

 

3. Chad Collins & Associates, Inc.

Chad Collins & Associates is a smaller Greensboro firm that provides a full range of business, financial, and tax services.

New owners who prefer a smaller practice and a more direct point of contact may find that Chad Collins & Associates aligns with their preferences.

 

4. Dimov Tax Specialists

Dimov Tax Specialists is a full-service CPA firm that serves businesses nationwide, with a Greensboro location offering local access to a larger team.

Businesses with multi-state operations or more complex tax needs may lean toward this firm, as they’re built to support that level of complexity.

 

5. NS CPA PLLC

Founded by Nabil Sibay, NS CPA PLLC brings 25+ years of experience and offers tailored services for individuals and businesses across the Triad and beyond.

An owner-led practice like this may appeal to small businesses that want a more personal, consistent working relationship.

 

6. NSKT Global

NSKT Global provides accounting, bookkeeping, and tax services with additional capabilities that can extend into higher-level advisory needs.

As a business grows, NSKT Global’s mix of services can offer businesses room to expand from routine accounting to more strategic guidance.

 

7. Delman & Company Certified Public Accountants

Delman & Company is a Greensboro firm offering a wide range of services that go beyond basic filing, including tax planning, bookkeeping, and management advisory support.

They also note QuickBooks-certified expertise, which can be valuable for small teams that want practical help keeping books accurate throughout the year.

 

8. Shahbaz, Carothers & Company, P.A

With roots in Greensboro stretching back decades, Shahbaz, Carothers & Company offers comprehensive services including accounting, auditing, bookkeeping, and tax preparation.

Businesses that prefer consolidated support across multiple accounting needs may find this breadth of services useful.

 

9. DMJPS PLLC

DMJPS PLLC is a sizable regional firm with a Greensboro office providing tax, accounting, assurance, succession planning, and consulting for a wide range of industries and business sizes.

Companies that expect more specialized needs over time may value having access to a deeper bench of services while working with DMJPS PLLC.

 

10. Debbie Brower CPA PLLC

Debbie Brower CPA is a Greensboro-based, full-service firm that emphasizes an approachable, affordable experience for business owners and independent professionals. Standard services they provide include tax prep, tax planning, succession planning, payroll, cash flow management, and strategic business planning.

Owners who want a wide range of support from a smaller practice may find this style of firm aligns with their needs.

 

11. Button & Button CPAs, PLLC

Button & Button focuses on accounting, payroll, tax, and related support for small and emerging businesses in Greensboro and the broader region.

Businesses that want ongoing financial management paired with tax planning may find the firm’s service coverage helpful as operations become more formal.

 

How to Pick a Small Business Tax Accountant

The best small business tax accountants will be properly credentialed, have expertise in your industry, and be able to meet all of your needs beyond filing tax returns.

For additional advice, review the Greensboro Chamber of Commerce’s top eight tips for picking a small business tax accountant below:

 

1. Verify Credentials and Confirm They are a Legitimate Tax Pro

Start by checking that your shortlist includes credentialed professionals such as a Certified Public Accountant (CPA) or an Enrolled Agent (EA), depending on your needs.

Also, always check that a paid preparer has a Preparer Tax Identification Number (PTIN) to enter on your federal tax return. Less reliable/experienced preparers (e.g., ghost preparers) won’t have a PTIN at all, meaning they’re not registered with the IRS and are more likely to make mistakes.

 

2. Look for Business and Industry-Fit Experience

A tax accountant who regularly works with businesses like yours can spot early pitfalls and implement best practices before things get complicated.

Industry familiarity often translates into more practical, proactive guidance because they already understand your revenue patterns, standard deductions, and compliance rhythm.

 

3. Define Your Service Needs Beyond Filing a Tax Return

Many founders hire help for taxes but quickly realize they also need bookkeeping cleanup, quarterly estimates, payroll guidance, or entity-structure support.

Choosing someone who can meet all your needs while advising year-round can reduce surprises and support smarter decisions as you grow.

 

4. Compare Fees and Watch for Pricing Red Flags

Get written quotes from multiple firms and make sure you understand whether you are being charged hourly, by project, or on a monthly package.

Avoid anyone who bases fees on a percentage of your refund or promises substantial refunds before reviewing your records.

 

5. Interview Outside the Busy Season

If you wait until late winter to hire an accountant, you may only get rushed conversations focused on immediate filing.

In contrast, meeting in summer or fall gives an accountant more room to understand your business, offer planning ideas, and help you set up a smoother year-end strategy.

 

Questions to Ask Before Hiring an Accountant

While you interview accountants, asking a few questions can help you ensure the accountant will meet your needs. Some common questions to ask a small business accountant include:

  • What software do you use?
  • Have you worked with similar businesses in the past? What accounting issues are typically in my industry?
  • How often will we communicate?
  • What is included in your monthly services?
  • What are your fees?
  • What turnaround times should I expect?
  • Who will be handling my account? And will that person always be handling my account?
  • What certifications do you have?
  • How long have you been in business?
  • Do you have references or client testimonials for review?
  • How do I contact you? Will I always need an appointment to speak with you?
  • Do you help outside of tax season?

 

Find Your Next Small Business Accountant Through the Greensboro Chamber of Commerce

At the Greensboro Chamber of Commerce, we regularly work with small businesses and accountants based in Greensboro. Through our networking events, entrepreneur-focused classes, and talent development initiatives, many small businesses turn to us for support as they grow. We also have a directory of local accountants that you can browse to find a trusted partner.

Review the full list of accountants registered with the Greensboro Chamber of Commerce today. If you’d like additional support growing your business, check out our resources and classes for entrepreneurs.

Greensboro Entrepreneurs: Your Guide to Financial Planning

October 8, 2025

If you’re interested in growing your business without constantly taking on debt or scrambling to find extra money to pay off debt, review our guide to financial planning for Greensboro-based entrepreneurs:

The Basics of Financial Planning

A financial plan is a document that includes details and strategies for improving your current financial situation and meeting your short-term and long-term financial goals.

Creating a financial plan helps entrepreneurs:

  • Pay bills on time
  • Identify and set priorities
  • Make a schedule to pay off debt
  • Set aside money for emergencies
  • Develop a plan for growing their business responsibly

3 Financial Planning Tips for Entrepreneurs in Greensboro, NC

Review our top three financial planning tips, especially for Greensboro entrepreneurs, below:

1. Understand Your Existing Finances and Create SMART Goals Based on Them

Start by listing your income, fixed monthly costs that don’t change (like rent), variable costs that do change (like supplies), any debt, your savings, and your business bank accounts. Next, calculate how much cash you spend each month and the minimum sales needed to pay bills.

Potential Actions to Take If You Find High or Unsustainable Expenses

As you list your expenses and income, you may find some costs that are too high to remain sustainable. Some common actions entrepreneurs take to reduce unnecessary expenses include:

  • Refinance high-interest debt: If you have a loan with a high interest rate, consider taking a new loan with a lower rate to pay it off. This new loan can reduce your monthly costs and the total you pay over time. Refinancing also provides your business with the opportunity to adjust your payment frequency to one that better suits your needs.
  • Reduce discretionary costs: Discretionary spending refers to nonessential costs that businesses can eliminate or adjust without directly affecting their core operations. Some common discretionary costs you might consider eliminating or scaling back include travel, investments unrelated to day-to-day operations, marketing, subscriptions for nonessential software, and entertainment-related spending.
  • Create a conservative budget: In general, most small businesses need to stick to a more conservative budget that anticipates uneven income in the early stages. To create a conservative budget, it should be based on the expectations of low income and high expenses. This approach prepares your company for the worst and often leaves businesses with extra cash at the end of the month due to higher-than-expected income or lower-than-expected costs.

How to Create SMART Goals

Once you have a comprehensive understanding of your expenses and have an idea about some actions you could take to reduce them (if needed), you can begin to create SMART goals to help you achieve them.

To successfully create them, your business’s goals should be:

  • Specific
  • Measurable
  • Achievable
  • Relevant
  • Time-bound

Example of a SMART Goal for Entrepreneurs

  • Non-SMART Goal: I want my business to increase sales.
  • SMART Goal: Over the next six months, I plan to increase sales by an average of $5,000 per month.

2. Include Core Financial Best Practices in Your Plan

Whether it’s building a contingency fund or monitoring cash flow, you set your business up for future success by adding a few implementable financial best practices to your plan. These best practices include the following tips:

Separate Personal and Business Money

Instead of using your personal checking account or credit card to pay for your business expenses, open a business checking account and a business credit card. These new accounts should be used exclusively for business expenses and never for personal purchases.

Keeping money separate makes bookkeeping and tax filing easier, while also helping to protect your personal assets if your company is an LLC or corporation.

Keep Your Compensation Reasonable

Unless you’re planning on not taking a salary for some time, you’ll need to decide on sustainable owner pay.

Generally, owner compensation should cover your personal budget (meaning it’s sufficient for you to live on) without being so high that it starts draining the cash your business needs for day-to-day bills.

The U.S. Chamber of Commerce also offers a fairly detailed resource for calculating a business owner’s salary, which we recommend reviewing when determining your salary.

Build a Contingency Fund to Stay Resilient

Save an emergency fund for unexpected expenses, such as a broken machine or a slow month. Keep this money readily available, such as in cash or a savings account.

To build your contingency fund, allocate a percentage of your monthly revenue to be automatically transferred to the account each month.

Greensboro Chamber of Commerce Tip: Aim for at least three to six months of operating expenses when building your contingency fund. This buffer buys time to adapt during a challenging business period.

Create and Monitor Your Budget

Create a practical operating budget. List fixed costs like rent, payroll, and software, and variable costs like inventory and marketing.

Next, compare those costs to a realistic expectation of the revenue your business will generate each month and over the next year. Doing so will give you an idea of how much extra cash you can expect to have each month once all your expenses are covered.

Each week, compare what you planned to what you really spent and earned. Follow up on late payments, and try to buy big items when you have cash coming in.

Plan for Local, State, and Federal Taxes Year-Round

As a self-employed entrepreneur, you’ll need to pay quarterly payments to North Carolina and the federal government. While the penalties for missed quarterly payments are fairly low (under 1% currently), they can still be expensive if you have a lot of taxable income.

Do your research on how much you’ll owe each quarter, and set aside a percentage of every dollar you earn that matches the tax you’ll need to pay. Keep this taxed income in a separate account and ensure that you pay your taxes by the quarterly due date.

Greensboro Chamber of Commerce Tip: Don’t forget local taxes! You should check how much you owe to Greensboro, as the city taxes real property (e.g., commercial buildings and land) and personal property (e.g., equipment and machinery). You’ll also need to pay sales taxes to Guilford County.

3. Decide What Outside Assistance You Plan to Rely On

Any entrepreneur will eventually need outside assistance. Whether you’re raising capital, securing needed insurance, or finding a CFP, external partners and advisors can be essential to a new business’s success.

While looking for external help, follow these tips:

Choose Funding Sources Strategically, Not Emotionally
When looking for funding, start with low-risk money like savings, small grants, or help from friends and family. Raise only enough to reach your next goal, and understand the tradeoffs, such as giving up ownership or adhering to repayment rules.

Greensboro Chamber of Commerce Tip: If you’re unsure about raising capital, it can be well worth taking the time to join entrepreneurship programs in Greensboro that provide education on securing funding. Look for programs that also have opportunities for mentorships and networking.

Manage Risk With the Right Insurance
List the biggest things that could go wrong at work, and purchase insurance that protects your business from those risks.

Typically, most businesses will start with three common policies: General Liability (injury or damage claims), Property Insurance (damage to buildings, equipment, inventory), and Professional Liability for service businesses (claims that your advice or work caused a loss).

You may also need Cyber Liability or Business Interruption depending on your operations.

Work With a Fee-Only CFP and CPA Who Understands Entrepreneurs
Hire a fee-only Certified Financial Planner and a Certified Public Accountant who puts your interests first. They can help choose a business type, improve your financial plan, reduce taxes, and test big decisions. Meet twice a year to refresh your goals and plan.

Greensboro Chamber of Commerce Tip: Contact our team to receive recommendations for local CFPs and CPAs who have successfully worked with Greensboro entrepreneurs.

Connect With the Entrepreneur Center in Greensboro, NC, for Financial Planning Assistance

If you’re an entrepreneur ready to create your financial plan in Greensboro, the Greensboro Chamber of Commerce is ready to serve you. Our entrepreneur center in Greensboro, NC, is home to a variety of programs directed toward helping entrepreneurs. When you join one of our programs or contact us for assistance, a member of our staff can provide financial planning advice and connect you with trusted CFPs and CPAs.

Learn more about our Entrepreneur Center today!

A Guide to the City of Greensboro, NC Business License

September 11, 2025

If you’re planning on operating a business within Greensboro, you may have to apply for a business privilege license or a business permit from the city. While the state of North Carolina has specific licenses for different types of businesses (no general NC business license exists), the city of Greensboro also has specific permitting and licensing requirements that some businesses will need to meet.

Before launching your company, review our guide to the city of Greensboro’s NC business licenses to make sure you’re covered legally.

What Business Licenses Does the City of Greensboro Issue to Business Owners?

While you can find more specific permits (e.g., those for food trucks) on Greensboro’s Permits & Licenses page, business privilege licenses and business permits are the two main licenses the city of Greensboro issues to local companies.

What Is Greensboro’s Business Privilege License?

The business privilege license in Greensboro, NC, is a required authorization for certain types of businesses operating within the city’s limits. Specifically, it applies to businesses such as taxicabs and those involved in the sale of beer and/or wine.

The license must be obtained before beginning business operations, and its renewal is annual.

What to Know About Greensboro’s Privilege Licenses

For more details on Greensboro’s privilege licenses, review the following information:

  • Required for: Taxi cabs, and businesses that sell wine or beer within Greensboro’s corporate limits
  • Coverage periods: July 1 – June 30 (Taxicabs); May 1 – April 30 (Beer/Wine retailers)
  • Renewal deadlines: July 1 for taxicabs; May 1 for beer/wine sales.
  • Penalties: 5% late fee per month (up to 25%) and possible retroactive taxes if operating without a license.
  • Fees: $5–$15 for most beer/wine licenses, $15 for taxicabs, and up to $62.50 for wholesale beer & wine.
  • Multiple licenses: An additional 10% fee for each extra license under the same owner.

How to Apply for a Business Privilege License in Greensboro

New businesses must fill out and submit a Privilege License Application to the city of Greensboro. While you can fill out a hard copy, they have an easy online submission system for applications.

Once you’ve completed the application and submitted it, you can pay for your privilege license at the City’s Collections Division in the Melvin Municipal Office Building.

If you already have a business privilege license, you only need to pay for a license renewal. Renewal payments for beer/wine privilege licenses are due May 1, while those for taxicabs are due July 1.

What Is Greensboro’s Business Permit?

The Business Permit is a required authorization for specific types of businesses operating within Greensboro, NC. It applies to peddlers, itinerant merchants, mobile food vendors, commercial solicitors, and massage businesses that are physically located within city limits.

What to Know About Greensboro’s Business Permits

For more details on Greensboro’s business permits, review the following information:

  • Required for: Peddlers, itinerant merchants, mobile food vendors, commercial solicitors, and massage businesses.
  • Coverage period: July 1 – June 30 each year.
  • Renewal deadline: July 1 annually.
  • Fees: Free for most permits; $50 annual fee for mobile food vendors.
  • Application timing: Must be obtained before or on the first day of business operation.
  • Enforcement: Businesses without the proper permit risk revocation of the permit or business closure.

How to Apply for a Business Permit in Greensboro

New and existing businesses that need a business permit should submit their application via the online business permit application. If you’d like to fill out the application by hand, you can visit the Melvin Municipal Office Building (Room 11, UG Level) or call the City’s Collections Division at 336-373-2501 to receive an application and permit.

These applications must be submitted before or on the first day of your business operation. The accepted application will cover the period of July 1 through June 30, with renewals due on July 1 each year.

Difference Between Business Permits and Business Privilege Licenses

The business privilege license is a tax requirement for alcohol sales and taxi operations, while the business permit is a regulatory safeguard for specific business types with more oversight needs.

The business privilege license applies specifically to taxicabs and businesses that sell beer or wine. It is essentially a local tax on these business activities, with fees that vary depending on whether the business sells beer, wine, or both, and whether it’s wholesale or retail. Operating without this license can result in retroactive taxes and monetary penalties.

In contrast, the business permit applies to businesses that require closer oversight because of their type of activity. Unlike the privilege license, most permits are free, with the exception of a $50 fee for mobile food vendors.

Instead of functioning as a tax, the business permit is designed to ensure compliance with zoning, public safety, and infrastructure use. Failing to obtain this permit can lead to business closure rather than financial penalties.

Greensboro Business License vs. Business Permit Chart

How Can I Find Out If North Carolina Has Any Business Licenses Required for My Business?

While not all businesses will need a license from the state of North Carolina, there’s a good chance your business likely requires one. Fortunately, you can quickly check if your business requires a license issued by the state via NC BOLD.

You can also review our guide to starting a business in NC to make sure all your bases are covered.

Take Your Business to the Next Level With the Greensboro Chamber of Commerce

Whether you’re opening up your first business or working on your fifth, the Greensboro Chamber of Commerce can help. We run a variety of entrepreneurship programs to give new business owners the resources and know-how they need to launch their business. Alongside these programs, business owners can take advantage of our networking events, talent development resources, and mentorship opportunities.

Learn more about how we can serve your business today.

JetZero in Greensboro, NC: Boosting Local Customers, Businesses, and Workforce Opportunities

August 21, 2025

In June of 2025, Governor Josh Stein announced that JetZero, Inc., would be investing close to $5 billion in North Carolina to build a manufacturing facility. While this news is great for the state as a whole, it’s even better for Greensboro, as JetZero plans to build the facility at the Piedmont Triad International Airport (GSO).
Learn more about what this investment will do for Greensboro, review our guide to JetZero and the benefits the company’s new aerospace facility will bring to the city.

JetZero: A Background

JetZero is a California-based aerospace startup founded in 2021 by Tom O’Leary and Mark Page. The company is pioneering the development of the Z4, the world’s first commercial all-wing aircraft, which uses a blended-wing body (BWB) design.
This innovative aircraft merges the wings and fuselage into a single lifting surface, significantly enhancing aerodynamic efficiency. The Z4’s unique design also reduces fuel consumption by up to 50% compared to traditional aircraft designs.
As the company still has more testing to perform, they’re aiming for the Z4 to have its first full-scale flight in 2027.

What Is JetZero Building in Greensboro?

JetZero is constructing a state-of-the-art, $4.7 billion manufacturing facility at GSO. The facility will be responsible for building the Z4, and once the facility is operational, JetZero plans to move its headquarters to Greensboro.
The 3-million-square-foot aerospace facility will integrate advanced digital and AI-driven manufacturing processes, aiming to streamline production and enhance operational efficiency.
Construction is slated to begin in early 2026, with the first deliveries of the Z4 anticipated in the early 2030s. By the late 2030s, JetZero estimates that the facility will manufacture up to 20 Z4s a month.

6 Benefits of JetZero for the Greensboro Workforce & Business Environment

The massive investment JetZero is making in Greensboro will provide several benefits to the city and North Carolina as a whole. From offering thousands of new jobs and supporting local businesses to enhancing infrastructure and providing new workforce training opportunities, JetZero will play a key role in Greensboro’s continued development.
Learn more about the top six benefits JetZero will bring to Greensboro below:

1. Thousands of New Jobs and Workforce Opportunities

When JetZero’s manufacturing facility opens up, the company plans to hire 14,500 employees to fill open positions. This substantial employment boost will contribute to the growing workforce in Greensboro, NC, creating job opportunities in aerospace manufacturing, engineering, and other sectors.
Alongside growing the workforce, prospective employees will be happy to know that salaries are expected to be high-paying. For example, the company’s average annual salary will likely be $89,340, which is close to $30,000 more than Guilford County’s average salary of $60,195.

2. More Business for Local Greensboro Businesses

The influx of jobs and greater investment in the Greensboro area will likely also increase business for other local companies, especially those located near GSO.
With potentially thousands of new employees moving to the area, demand for goods and services will rise, benefiting retail stores, restaurants, and other service industries.

3. Enhanced Infrastructure and Regional Development

To support JetZero’s operations, significant infrastructure improvements will be made, including road expansions, utility upgrades, and airport logistics enhancements.
These developments will improve regional accessibility, attract further investment, and foster long-term economic growth in Greensboro. The investments in infrastructure also make Greensboro a more attractive destination for other aerospace companies looking to build new facilities.

4. Advancements in Education and Workforce Training

JetZero is collaborating with local institutions like North Carolina A&T State University to provide specialized training programs in aerospace manufacturing and artificial intelligence. The North Carolina Community College System is also developing a customized training plan through the NCEdge program to develop and prepare students for an aerospace career.
JetZero’s partnerships with local educational institutions will help build a highly skilled workforce in Greensboro, NC, enabling local residents and Guilford Technical Community College students to access high-paying, future-oriented job opportunities.

5. Environmental Benefits and Sustainable Aviation

Since JetZero’s Z4 aircraft promises up to 50% greater fuel efficiency than traditional aircraft designs, the company (and Greensboro!) will play a key role in reducing carbon emissions in the aviation sector.
The facility will also be designed to integrate sustainable aviation fuels and explore hydrogen-powered aircraft, further contributing to environmental sustainability and reducing fossil fuel reliance. As a result, the facility will help Greensboro further establish itself as a forward-thinking, environmentally-conscious city.

6. Easier Access to a Greatly Improved Experience for Flyers

With JetZero building its Z4 aircraft in Greensboro, those who frequently travel out of GSO will likely find it easier to book a flight on a Z4 and receive a greatly improved customer experience.
When you fly on a Z4, you can expect personal space in every passenger class, dedicated overhead storage for each seat, and a seamless, stress-free boarding experience. All of these features equal a much more comfortable and convenient way to fly.
Greensboro Chamber of Commerce: Your Resource for JetZero Opportunities
Whether you’re a long-time resident of Greensboro or interested in relocating to the city, the Greensboro Chamber of Commerce can help you with the resources to find a job at JetZero. With hiring beginning in 2026, we’ve compiled a list of resources that provide information on relevant educational training programs, local events, and university degrees that can help you get a leg up on the competition.

A Helpful Guide to Greensboro Small Business Grants

July 16, 2025

Greensboro is home to a thriving small business community, and local business owners have a range of opportunities to secure funding through Greensboro-focused grants. The city and surrounding counties offer various financial support programs designed to help businesses grow, revitalize spaces, and enhance their operations. If you’re looking for a small business grant in Greensboro, our guide covers the top options and other NC-focused business grants.

5 Greensboro Small Business Grants

The primary provider of small business grants in Greensboro is Downtown Greensboro Incorporated (DGI), which supports businesses in the downtown area. If your business is located outside of downtown, Guilford Works and M&F Bank also offer grants to qualifying businesses. As you look for a grant, review the following five grants for Greensboro small businesses:

1. Facade Improvement Program

The Facade Improvement Program (FIP) offered by DGI is designed to enhance the visual appeal of the downtown area and stimulate new investments in local businesses. This program provides financial incentives for renovating building facades to improve their aesthetic quality, maintain the historic character of the area, and provide a better business environment.
DGI offers up to $5,000 for improvements to the exterior of commercial, institutional, or mixed-use properties located in downtown Greensboro. Eligible properties include any structure facing a street, from the roofline down to the ground level. To apply, a simple application must be submitted before starting construction.
Since the FIP fund doesn’t have a set deadline and only provides the grant until funding runs out, businesses should apply as soon as possible. If you’re interested in receiving this grant, review FIP’s guidelines before submitting your application.

2. DGI Catalyst Grant Program

The DGI Catalyst Grant Program is designed to support the revitalization of Greensboro’s Central Business District. This program offers financial assistance to property and business owners who are looking to enhance or redevelop their commercial spaces. The goal of this grant is to stimulate investment in older properties, help increase local sales, and encourage business retention downtown.
The Catalyst Grant focuses on projects that will:

  • Boost the local property tax base by encouraging investment in aging downtown properties.
  • Increase sales for both new and existing businesses, helping to expand the local sales tax base.
  • Aid in complex commercial projects requiring additional financial support.
  • Attract new businesses that meet the needs of residents, employees, and visitors.
  • Retain businesses that might otherwise relocate from downtown.
  • Provide targeted assistance to specific areas of downtown needing economic development.

Before beginning your application, ask yourself whether your business meets an unmet need in the downtown area, how your project will increase vibrancy, and the potential benefits it will bring to the community. If your project will create jobs or significantly increase investments, you may be eligible for this grant.

Review the Catalyst Grant’s guidelines and begin the application by filling out the grant’s interest form.

3. M&F Bank’s Empowering Growth Small Business Grant

The Empowering Growth Small Business Grant from M&F Bank supports small businesses by providing funding to help entrepreneurs take their businesses to the next level. The next round of applications will open on August 1, 2025, with a $10,000 grant available for one Greensboro-based business.
To be eligible, businesses must have gross revenues of $750,000 or less, be in operation for 10 years or less as of January 31, 2025, and have no more than 25 employees. Eligible businesses also have to operate in Forsyth, Stokes, Yadkin, Davidson, or Randolph County. Ineligible entities include nonprofits, real estate firms, businesses with ties to M&F Bank, and M&F Bank employees or their relatives.
The application deadline for this round is August 31, 2025, so make sure to mark your calendar if you meet the eligibility criteria.

4. DGI Vibrancy Grant

The DGI Vibrancy Grant is designed to support small businesses in downtown Greensboro with financial assistance for projects aimed at enhancing services, expanding commercial opportunities, and beautifying storefronts. This grant provides up to $2,500 for eligible expenses, including:
New technology for sales efficiency, such as point-of-sale systems and digital marketing/advertising efforts.
Investments to expand services and commerce, such as physical space improvements or new equipment.
Storefront beautification projects to increase the location’s curb appeal, such as painting, signage, lighting fixtures, and outdoor seating areas.
While this grant is not currently available for 2025, it has been offered in the fall of previous years (e.g., the grant was offered between September 9 and October 11 in 2024). To ensure you don’t miss out, stay up-to-date with DGI’s announcements for future funding opportunities.

5. Guilford Works Training Grants

Guilford Works offers two types of grants designed to support businesses in Guilford County by reimbursing them for training expenses. The following grants focus on enhancing employee skills and helping businesses grow their workforce:

  • On-the-Job Training (OJT) Grant: This grant reimburses businesses for up to 50% of training costs for new, full-time employees. The training can last from three to six months, and the company will receive monthly reimbursements for wages paid during this period.
  • Small Business Training Grant: This grant offers up to $20,000 to established businesses in Guilford County to help improve the skills of existing employees. The training must address identified skill gaps, and businesses can reapply for additional funding in subsequent years.

To qualify, businesses must operate in Guilford County, have at least five employees, and meet other eligibility criteria related to tax obligations and employee status. The application deadline is the last business day of each month, with reviews and decisions made within 30 business days. Review the guidelines for each of these grants before applying.

What Other North-Carolina-Based Grants Are Available to Small Businesses?

In addition to local grants in Greensboro, small businesses throughout North Carolina can access state-level funding opportunities. Some of the notable NC-based grant programs include:

Turn to the Greensboro Chamber of Commerce for Assistance With Greensboro Small Business Grants​

The Greensboro Chamber of Commerce offers a wealth of support for small businesses looking to apply for grants. With networking and mentorship opportunities, educational programs, and access to resources, the Chamber can guide you through the grant application process and help you take full advantage of the funding available to your business.
Learn more about how we can support your business today. If you have any questions about small business grants in North Carolina or our services, please contact us.

A Quick & Easy Guide to Small Business Insurance Options in North Carolina

May 14, 2025

Navigating the world of small business insurance can feel overwhelming, but it doesn’t have to be. Whether you’re launching a new venture or growing an established company, the right insurance coverage helps you manage risk and protect your future.

If you’re starting a small business in North Carolina, you’ll need to decide what insurance you’ll be purchasing. While North Carolina only requires businesses to purchase commercial auto insurance (for businesses that own vehicles) and workers’ compensation (for businesses with three or more employees), you can find a few other types of insurance plans that can be well worth the cost.
As you try to reduce your business’s financial risk, you should be aware of the primary types of small business insurance in North Carolina and what businesses they’re best for.

The 9 Types of Small Business Insurance in North Carolina

From general liability insurance and workers’ compensation to business owners’ policies and commercial auto insurance, you have lots of small business insurance options. Before you make a decision on which plan you need, take a moment to review the nine most common types of small business insurance plans in NC below:

1. General Liability Insurance

General liability insurance is the most popular type of small business insurance in North Carolina since it protects companies from common liability issues. For example, personal injury by a third party, property damage, and bodily injury are typically covered by general liability insurers. If your business has this insurance, you’ll be covered if you or an employee damages property that isn’t owned by your company or if a non-employee gets hurt.

2. Commercial Property Insurance

Another very common type of small business insurance in North Carolina is commercial property insurance. This type of insurance policy protects your equipment and property from loss, damage, or theft, making it a good choice for any company with expensive property and equipment. However, if your business primarily relies on remote workers, you may be able to skip this insurance without taking on much risk.

3. Business Owner’s Policy

If you plan to purchase general liability and commercial property insurance, you might want to consider a Business Owner’s Policy (BOP). This type of insurance policy combines general liability and commercial property insurance. Typically, the rate for BOP will be cheaper than if you bought commercial property and general liability insurance separately, making it a cost-effective option for companies that need both.

4. Workers’ Compensation Insurance

Due to the North Carolina Workers’ Compensation Act, businesses that have three or more employees must be certified as self-insured or have workers’ compensation insurance. These requirements apply to limited liability companies, partnerships, corporations, and sole proprietorships. If you select the self-insured option, your business will have to assume all financial responsibility for its employees’ workers’ comp claims and will have to manage the claims process yourself.
Since workers’ comp claims can be quite costly, many companies choose to purchase workers’ compensation insurance. With this no-fault insurance, the provider will pay workers for missed workdays due to injuries. Alongside covering lost wages, workers’ compensation should cover at least some of the medical expenses related to a work-related injury or illness.

5. Professional Liability Insurance

Also called errors and omissions insurance, professional liability insurance protects businesses from claims of service-related mistakes. Some professionals who provide advisory services may need this insurance to meet state licensing requirements. Accountants, real estate agents, brokers, IT professionals, and other professionals who provide advisory services often benefit from having this insurance.

6. Commercial Auto Insurance

Due to North Carolina’s laws, any business that uses vehicles in their work must have commercial auto insurance. If you use a vehicle in the course of business, commercial auto insurance will protect your company from financial losses due to injuries, accidents, or property damage involving company-owned vehicles. These plans are usually very similar to personal auto plans but with more tailored coverage for business risks. North Carolina’s minimum liability limits for a company’s commercial auto insurance include:

  • $30,000 per person for bodily injury
  • $60,000 per accident for bodily injury
  • $25,000 per accident for property damage

7. Business Interruption Insurance

Business interruption insurance protects companies from various events that could cause production to shut down. For example, supply chain problems and natural disasters could interrupt production, resulting in lost revenue. With business interruption insurance, you’ll insure your income and protect your company against financial loss.

8. Commercial Flood Insurance

Businesses located in parts of North Carolina that are at risk of flooding should seriously consider commercial flood insurance. This insurance plan protects your premises and physical assets from flood damage, which can save your business from having to pay for expensive repairs to your business, as well as any equipment and inventory you might have to replace.
Businesses that operate in parts of North Carolina that experience harsher winters with quick thawing in the spring are more prone to flooding and should usually purchase commercial flood insurance. Similarly, businesses in parts of North Carolina that deal with moderate to heavy rain often purchase it to protect themselves from flooding.

9. Insurance Plans for Employees

Alongside purchasing insurance for your business, you might want to extend insurance to your employees as part of a benefits package. Some common insurance plans offered by employers to their staff might include:

  • Health Insurance
  • Dental Insurance
  • Vision Care Insurance
  • Specific Disease Insurance
  • Medicare Supplement Policies
  • Hospital/Medical Expense Indemnity Insurance
  • Nursing Home/Long Term Care Insurance
  • Credit Insurance

FAQs About Small Business Insurance in NC

What Types of Business Insurance Are Businesses Required to Have in NC?

Worker’s compensation insurance is required for businesses with three or more employees and commercial auto insurance is required for businesses with vehicles.

Other forms of insurance aren’t required by state law, but are often recommended to reduce risk.

Can NC Businesses Opt Out of Worker’s Compensation Coverage?

Unless a business has fewer than three employees, you can’t opt out of worker’s compensation coverage.

However, corporate officers can choose to be excluded from coverage.

How Much Does Small Business Insurance Cost in North Carolina?

The cost of small business insurance will vary based on the business’s industry, type, location, number of employees, and other relevant factors. As a result, small business insurance costs can var y widely.

The varying costs means you should make sure to compare multiple quotes before you pick a plan. Doing so can prevent paying  for an overpriced premium.

Let the Greensboro Chamber of Commerce Help You Grow Your Business

Insurance is just one piece of the puzzle when you’re building a successful business. From startup guidance to networking with local experts, the Greensboro Chamber of Commerce is here to support your entrepreneurial journey every step of the way.

Learn more about how we can help your business today. If you have any questions about what we can assist your business with, please contact us.

We know and grow Greensboro.