S.I.E.D.O. - Business Costs

After analyzing labor costs, tax burdens and energy costs, Economy.com ranks Idaho the second lowest state in the West in overall costs of doing business.

Compare overall business costs in western states:* Percent of National Average
Idaho	90%
Arizona	98%
California	112%
Colorado	102%
Nevada	95%
Oregon	97%
Utah	92%
Washington	101%
*Moody's Economy.com Index, May 2007

START UP COSTS

While building costs widely vary depending on need, location and other factors, the following offers general construction cost averages. Costs are based on a per square foot average and subject to change.

Local start up costs:*
Warehouse Space	$45
Retail Space (Shell Only)	$56
Retail - Tenant Improvement	$65
Professional Office	$105
Industrial Building	$58
Medical Office Building	$170
Technology Center	$130
Manufacturing Facility	$58
Concrete tilt up building or block and steel building with brick façade	$74

Twin Falls and Jerome follow the 2006 edition of the International Building Code (IBC).

Permit turn around time is currently 30 - 90 days.

*Starr Corporation, August 2008

WORKER'S COMP

Idaho employers with workers' compensation insurance pay some of the lowest premiums in the country. If lower than normal rates create a surplus, policyholders will save in the form of rate deviations or actual dividends.

Compare Annual Workers Compensation Costs in Western State (in thousand)*
Idaho	$55.7
Arizona	$56.9
California	$927.1
Colorado	$58.9
Nevada	$76.4
Oregon	$68.5
Utah	$51.9
Washington	$124.9
*Idaho State Insurance Fund, May 2006