What are essential businesses in Wisconsin?
In Wisconsin, “essential businesses” refer to industries and services that are critical to the health, safety, and economic stability of the state. This designation was especially important during the COVID-19 pandemic, and while it is no longer an official legal classification in Wisconsin, it can still serve as a reference for identifying sectors that are resilient and vital in times of crisis.
Industries that were considered essential in Wisconsin during the COVID-19 emergency and are often regarded as critical in times of crisis, included:
- Healthcare and Public Health: Hospitals, clinics, pharmacies, and medical supply chains.
- Food and Agriculture: Grocery stores, food manufacturers, farms, and distribution centers.
- Energy and Utilities: Power generation, water utilities, and fuel suppliers.
- Transportation and Logistics: Shipping, trucking, public transit, and warehousing.
- Financial Services: Banks, credit unions, and institutions that support economic transactions.
- Critical Manufacturing: Industries tied to defence, technology, and public safety equipment.
For entrepreneurs and investors, these sectors can serve as a guide to identifying areas with high demand and resilience, even though they are not part of an official state classification. Companies in such industries are usually at an advantage of having more stable operations, being able to access government support programs, and gaining the trust of investors.
If you wish to open or expand your business in Wisconsin, OneIBC USA will be your best partner to make the process smoother. We offer company formation, registered agent support, and compliance management services, which are specifically tailored to Wisconsin regulations. Partnering with OneIBC will allow you to set up your business in a way that is conducive to sustainable growth, be it an entry into the essential sectors such as healthcare, logistics, and financial services, or a move towards the vibrant industries.