Lake of the Ozarks Regional Economic Development Council

Assessing the Workforce at the Lake of the Ozarks The Lake of the Ozarks Regional Economic Development Council (LOREDC) commissioned a Workforce Assessment to obtain a measure of the Quality of Labor in Camden, Miller, and Morgan counties. The purpose of assessing the workforce is to provide employers with labor information necessary to make better-informed decisions for private investment that minimizes risks for hiring, retaining, and developing the workforce. Further, to support quality economic growth, this data provides local officials information to promote a better understanding on the competitive realities in today’s workforce market, to develop the strategies for improving the skills, quality and availability of its workforce, and to enable the Lake of the Ozarks counties and its employers to better compete at all market levels.   Some Highlights of the Assessment RESPONSES A total of 28 business firms completed the online Workforce Assessment. This repr...

Make the Lake of the Ozarks home for your business! The Lake of the Ozarks is a vibrant and diverse area that offers a fantastic business climate and a quality of life that is one of the best in the USA.  While it may be the natural beauty of Lake of the Ozarks that first catches your eye, a closer look reveals a strong lakefront economy ... poised to help the long-term growth of your business. Centrally located in the heart of the Midwest, Lake of the Ozarks is an ideal location for industry , manufacturing, retail, entrepreneurial endeavors, tourism, and retirement. Central location and a robust infrastructure The Lake of the Ozarks is located in the heart of the Mid-West and allows businesses reach to many markets in the Central United States.  We have a robust infrastructure with affordable utilities and a major system of roadways.  With recent improvements in our road system, we now have major highways to the North and South allowing businesses th...

The Lake of the Ozarks has some of the lowest tax rates in Missouri! One big reason to consider moving your business to the Lake of the Ozarks area is the low tax rates for businesses and their employees.  The taxable wage base in Missouri is $11,000 , meaning an employer pays contributions/taxes on the first $11,000 paid to each employee. After the taxable wage base has been met, the employer continues to report the individual for the remainder of the year but is no longer required to pay taxes on those wages. The new employer contribution rate for general employers is 3.51% with the exceptions being those new employers in the construction-related industry, those employers are assigned a rate of 3.832% and employers in the mining industry receive the contribution rate of 3.567%. Sales Tax rates for the Lake Area Camden County - 5.475% Miller County - 5.725% Morgan County - 5.725% Camdenton - 7.475% Eldon - 8.125% Lake Ozark - 7.725% Laurie - 7.725% Osag...

Welcome to our new blog! Lake of the Ozarks - Your Strategy for Business Growth While it may be the natural beauty of Lake of the Ozarks that first catches your eye, a closer look reveals a strong lakefront economy ... poised to help the long-term growth of your business. Centrally located in the heart of the Midwest, Lake of the Ozarks is an ideal location for industry, manufacturing, retail, entrepreneurial endeavors, tourism, and retirement. The Lake of the Ozarks Regional Economic Development Council is here to serve as your liaison for Lake of the Ozarks area. Our goal is to make your site search as easy as possible and to provide you with all the information and resources you need to consider our community during your site search. In this blog we'll be sharing information about the beautiful Lake of the Ozarks community, business climate, infrastructure, development projects, and more. Please subscribe and enjoy! Lake of the Ozarks Regional E...