Thinking about starting a business in Ashland, Illinois? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Ashland.
Are You Sure You Want to Do This?
Most new businesses don't make it, in part because the business owner did not have the entrepreneurial skills and traits needed to succeed. So, before you open a business, consider all of the implications of being an entrepreneur.
With so much at stake when you start a business, we strongly recommend you do the following before you proceed:
- Speak with other entrepreneurs in Ashland. Ask them candidly what it's like to run a business.
- You should read The Entrepreneurial Personality. It's a good read for those who are thinking about becoming an entrepreneur.
- Reach out to a trusted acquaintance. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.
Ashland, Illinois Demographic Information
Ashland has an active business community that includes small businesses,
mid-sized businesses and large businesses.
To give you a better feel for Ashland demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Ashland.
| Business Size | # of Businesses |
| 1-4 Employees |
1785 |
| 5-9 Employees |
408 |
| 10-19 Employees |
357 |
| 20-49 Employees |
51 |
| 50-99 Employees |
0 |
| 100-249 Employees |
0 |
| 250-499 Employees |
0 |
| 500-999 Employees |
0 |
| 1000+ Employees |
0 |
| All Ashland Businesses |
2601 |
As a new Ashland entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Ashland for each business category. By looking at this chart, you can get
a general sense for how much competition there is in the business niche that
you are pursuing.
| Business Type |
# of Businesses |
| Educational Support Services |
1 |
| Farm Supplies Merchant Wholesalers |
3 |
| Finish Carpentry Contractors |
2 |
| Full-Service Restaurants |
2 |
| General Automotive Repair |
1 |
| Gift, Novelty, and Souvenir Stores |
1 |
| Insurance Agencies and Brokerages |
2 |
| Landscape Architectural Services |
1 |
| Landscaping Services |
1 |
| Libraries and Archives |
1 |
| Limited-Service Restaurants |
2 |
| Masonry Contractors |
1 |
| Newspaper Publishers |
1 |
| Offices of Chiropractors |
1 |
| Offices of Dentists |
1 |
| Painting and Wall Covering Contractors |
1 |
| Securities Brokerage |
1 |
| Tax Preparation Services |
1 |
| Veterinary Services |
1 |
| Wholesale Trade Agents and Brokers |
1 |
Have You Considered Buying an Existing Ashland Business?
We've created a useful website page for those who want to Buy a Business in Illinois. Follow that link and you can assess several good businesses for sale in Ashland.
Before buying a business, be sure to read this article: Hold Harmless Agreements When Buying Businesses.
Selecting a Name For Your Business
A good company name can give a big boost to a new startup. It might seem like an easy thing to do, but there are many things to consider when naming a business.
Company names need to be easy to spell, easy to pronounce, and easy to remember.
For other considerations regarding naming a company, we recommend this article: Naming a Business.
As a final piece of advice, remember that because you are planning on starting a business in Ashland, it's imperative that you check now that no other Illinois company is using the business name you want to use.
Where to Get Money to Start a Company
Getting your Ashland business the capital it needs to succeed will be harder than you might expect. In fact, financing your new business may be the hardest challenge you ever face.
Take advantage of our many articles on securing funding, such as SBIR Funding.
For Ashland entrepreneurs who need startup capital, check out our List of Illinois Angel Investors and our List of Illinois Venture Capital Firms.
Letting the World Know You Exist
To grow your Ashland business, you'll need to have a good marketing plan.
There are myriad resources on this site to help you with your marketing plan. Branding Advice discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. That's just one of the many useful articles we have on Marketing a Small Business.
Building Up Your Sales
Mastering the art of selling is essential if you want your new Ashland business to do well.
Good selling involves demonstrating that your wares meet your customer's needs. Fortunately, we've got plenty of good advice to help you improve your selling skills.
Hiring Telemarketing Firms to Generate Sales Leads offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.
Next Steps
Most new Ashland businesses underestimate the number of challenges they will face.
Owning your own business will be a daunting task, but you can do it.
We are here to help Ashland businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Ashland entrepreneur who is just getting started or you are already up and running with your new venture.
More Entrepreneurial Resources for Starting a Business in Ashland, Illinois
Here are more links that we believe will help you be successful in starting a business in Ashland.
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