Contemplating starting a business in Aurora, Missouri? We walk you through the process of opening a business in Aurora.
Do You Have Entrepreneurial Drive and Passion?
Being an entrepreneur is hard work, and can be orders of magnitude more strenuous than working as an employee. Are you certain you want to start a business?
Because entrepreneurship is not for everyone, we recommend you do the following to help you assess whether you should move forward with starting a business:
- Talk to other entrepreneurs in Aurora. Get their candid feedback on what it takes to start a successful business.
- We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
- Get feedback from somebody whom you trust. A support network of family and friends can be a great sounding board for good advice before you decide for sure to go into business.
Aurora, Missouri Demographic Information
Aurora has an active business community that includes small businesses,
mid-sized businesses and large businesses.
To give you a better feel for Aurora demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Aurora.
| Business Size | # of Businesses |
| 1-4 Employees |
7515 |
| 5-9 Employees |
2610 |
| 10-19 Employees |
1260 |
| 20-49 Employees |
855 |
| 50-99 Employees |
270 |
| 100-249 Employees |
180 |
| 250-499 Employees |
90 |
| 500-999 Employees |
0 |
| 1000+ Employees |
0 |
| All Aurora Businesses |
12780 |
As a new Aurora entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Aurora 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 |
|
Ambulance Services |
1 |
| Automotive Glass Replacement Shops |
1 |
| Automotive Parts and Accessories Stores |
3 |
| Beauty Salons |
6 |
| Business Associations |
1 |
| Cable and Other Program Distribution |
1 |
| Child Day Care Services |
5 |
| Coin-Operated Laundries and Drycleaners |
1 |
|
Commercial Lithographic Printing |
1 |
| Community Food Services |
1 |
| Consumer Lending |
1 |
| Convenience Stores |
3 |
| Discount Department Stores |
1 |
| Dog and Cat Food Manufacturing |
1 |
| Drafting Services |
1 |
| Drinking Places (Alcoholic Beverages) |
1 |
|
Drive-In Motion Picture Theaters |
1 |
| Electrical Contractors |
5 |
| Electronic Shopping |
1 |
| Family Clothing Stores |
1 |
| Farm Supplies Merchant Wholesalers |
2 |
| Finish Carpentry Contractors |
1 |
| Flooring Contractors |
1 |
| Florists |
3 |
|
Food Service Contractors |
1 |
| Framing Contractors |
1 |
| Full-Service Restaurants |
12 |
| Funeral Homes and Funeral Services |
1 |
| Furniture Stores |
1 |
| General Automotive Repair |
3 |
| General Freight Trucking, Local |
1 |
| General Medical and Surgical Hospitals |
1 |
|
Gift, Novelty, and Souvenir Stores |
1 |
| Golf Courses and Country Clubs |
1 |
| Hat, Cap, and Millinery Manufacturing |
1 |
| Home Centers |
3 |
| Home Furnishing Merchant Wholesalers |
1 |
| Home Health Care Services |
2 |
| Home Health Equipment Rental |
1 |
| Homes for the Elderly |
1 |
|
Household Appliance Stores |
1 |
| Insurance Agencies and Brokerages |
7 |
| Janitorial Services |
1 |
| Jewelry Stores |
1 |
| Landscaping Services |
2 |
| Lessors of Other Real Estate Property |
1 |
| Limited-Service Restaurants |
9 |
| Luggage Manufacturing |
2 |
|
Machine Shops |
1 |
| Masonry Contractors |
3 |
| Motor and Generator Manufacturing |
1 |
| Motorcycle Dealers |
1 |
| New Car Dealers |
2 |
| New Housing Operative Builders |
2 |
| Newspaper Publishers |
1 |
| Nursing Care Facilities |
3 |
|
Office Supplies and Stationery Stores |
1 |
| Offices of Certified Public Accountants |
2 |
| Offices of Dentists |
6 |
| Offices of Lawyers |
3 |
| Offices of Optometrists |
2 |
| Petroleum Bulk Stations and Terminals |
1 |
| Pharmacies and Drug Stores |
1 |
| Photography Studios, Portrait |
1 |
|
Plate Work Manufacturing |
1 |
| Recreational Vehicle Dealers |
1 |
| Residential Remodelers |
1 |
| Roofing Contractors |
2 |
| Securities Brokerage |
1 |
| Site Preparation Contractors |
4 |
| Snack and Nonalcoholic Beverage Bars |
2 |
| Solid Waste Collection |
1 |
|
Special Needs Transportation |
1 |
| Spice and Extract Manufacturing |
1 |
| Sporting Goods Stores |
1 |
| Tax Preparation Services |
1 |
| Temporary Help Services |
1 |
| Tire Dealers |
2 |
| Tobacco Stores |
2 |
| Used Car Dealers |
1 |
|
Used Merchandise Stores |
2 |
| Vending Machine Operators |
1 |
| Veterinary Services |
2 |
| Video Tape and Disc Rental |
1 |
| Vocational Rehabilitation Services |
1 |
| Water Supply and Irrigation Systems |
1 |
| Wholesale Trade Agents and Brokers |
1 |
Is Franchising a Better Option?
As you drive around Aurora, you'll see that franchises make up a large percentage of local businesses. But is franchising the right option for you?
We highly recommend you consider franchising as an option. We have many articles on franchises, such as Five Franchise Opportunities To Watch. Get a thorough education on franchising by browsing all of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Sample franchise opportunities include Mr. Sub and Critter Control. Alternatively, you can browse franchise categories, such as ATM Franchises and Home Repair Franchises.
Note on Aurora Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Aurora.
Company Formation in Aurora, Missouri
It's essential that you form your business as a legal structure. Doing so will separate you from personal liability for business debts and obligations.
The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporating is a very popular way to form a business. Of course, you have to decide which type of corporation to form and where to incorporate. Just because you are starting a business in Missouri, you don't necessarily have to incorporate in Missouri. In fact, you can incorporate in any state you would like to. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.
There's a lot to know about forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Nevada Incorporation. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Aurora, Missouri, our information on Incorporating in Missouri may be a useful resource if you decide to incorporate in Missouri.
Startup Financing Basics
Getting your Aurora business the capital it needs to succeed is not an easy task. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.
Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled Borrowing Money from Friends and Family.
For Aurora entrepreneurs who need startup capital, check out our List of Missouri Angel Investors and our List of Missouri Venture Capital Firms.
Marketing Your New Startup
To grow your Aurora business, you need a great marketing plan.
You can learn quite a bit about marketing on our site. Avoiding Bad Product Launches is an article that will stimulate a few thoughts on your marketing plan. That's just a sampling of the many useful articles we have on Marketing a Small Business.
Bring in Revenues
Do you know how to sell? In order to attract customers to your new Aurora business, you need to focus on sales.
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.
Sales Prospecting is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.
Now It's Up To You
As an entrepreneur in Aurora, you won't be working for the boss anymore. You are the boss.
If you choose the right business and love what you do, you will greatly increase your odds of success.
This site is all about helping entrepreneurs in Aurora and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Aurora, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Aurora, Missouri
Here are more links that we believe will help you be successful in starting a business in Aurora.
- Resources for Aurora, Missouri Entrepreneurs - Browse a variety of resources we've collected to assist Aurora entrepreneurs.
- Missouri Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Missouri.
- Missouri Small Business Development Center - Missouri Small Business Development Center business specialists are uniquely qualified to help small businesses get started, develop and thrive.
- Aurora, Missouri Newspaper Ad Rates - This is a nearly comprehensive list of advertising rates for Aurora, Missouri newspapers, including ad costs for newspapers serving the Aurora area.
- Aurora, Missouri Radio Advertising Prices - To help you in your marketing efforts, we've gathered radio advertising rates for Aurora, Missouri area radio stations.
- Aurora, Missouri Payroll Services - This list includes Aurora, Missouri payroll services, national payroll services for Aurora, and helpful information on choosing a Aurora payroll service.
- Aurora, Missouri Businesses for Sale - This list includes resources for buying a business in Aurora, Missouri, such as business brokers in Aurora and other helpful information on how to buy a Aurora business.
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