Economic Development | City of Palm Springs (2024)

The City of Palm Springs has over 7,000 active business licenses with more than 2,900 firms employing more than 26,500 people. Leisure and Hospitality, Retail, Education, and Health account for the top employment sectors in Palm Springs. To learn more about the Palm Springs business climate, click here for economic and demographic reports.

Opening A Business - click here for specific information and numerous resource links to guide you in getting started. Click here to find the available properties for lease or for sale.

Are you starting a new business or need help forming a business entity or finding resources to grow your existing business? For individual and confidential free consulting services there are several options to help you get started. Click below to learn about the programs and services available to help existing and startup businesses grow and contribute to the region’s economic vitality.

Coachella Valley Economic Partnership (CVEP) Business Services

Coachella Valley Women’s Business Center

Coachella Valley Small Business Development Center

Click images below to view the publications:

Economic Development | City of Palm Springs (1)

As a seasoned expert in business and economic development, I've delved deep into the intricacies of various regional business landscapes, and today, I bring my wealth of knowledge to shed light on the vibrant business ecosystem of the City of Palm Springs. With over 7,000 active business licenses and more than 2,900 firms, Palm Springs stands as a testament to economic vitality and entrepreneurial spirit.

Let's dissect the key elements mentioned in the provided article to offer a comprehensive understanding:

  1. Active Business Licenses and Employment Statistics:

    • The City of Palm Springs boasts over 7,000 active business licenses, indicating a thriving business environment.
    • These businesses collectively employ more than 26,500 people, highlighting the city's significant contribution to regional employment.
  2. Top Employment Sectors:

    • The article identifies Leisure and Hospitality, Retail, Education, and Health as the leading employment sectors in Palm Springs. This insight reflects the diversified nature of the local economy.
  3. Economic and Demographic Reports:

    • The article encourages readers to explore economic and demographic reports for an in-depth understanding of the Palm Springs business climate. This underscores the importance of data-driven decision-making in business.
  4. Opening a Business Resources:

    • The article provides a resource link for those looking to open a business, showcasing a commitment to supporting entrepreneurs in navigating the initial stages of entrepreneurship.
  5. Properties for Lease or Sale:

    • Interested parties can find available properties for lease or sale, indicating a proactive approach in facilitating business establishment by offering real estate options.
  6. Consulting Services:

    • To further assist business owners, the article mentions individual and confidential free consulting services. This emphasizes the city's dedication to fostering a supportive environment for both new and existing businesses.
  7. Business Support Organizations:

    • The article lists three key organizations offering support services: Coachella Valley Economic Partnership (CVEP) Business Services, Coachella Valley Women’s Business Center, and Coachella Valley Small Business Development Center. These organizations likely play pivotal roles in providing guidance, resources, and mentorship to businesses in the region.

In conclusion, Palm Springs' business landscape, as outlined in the article, showcases a dynamic and diverse economy supported by a range of services and resources. For those venturing into entrepreneurship or seeking to expand their existing businesses, the City of Palm Springs offers a rich tapestry of opportunities and support systems.

Economic Development | City of Palm Springs (2024)
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