Open a Business in Belgrade, Montana

Are you starting a business in Belgrade, Montana? This article discusses the most important things to consider when opening a business in Belgrade.

Is Becoming an Entrepreneur Right for You?

Most startup businesses don't make it, in part because the entrepreneur did not have the tenacity and/or the skills to succeed. So, before jumping into the world of entrepreneurship, consider all of the implications of being an entrepreneur.

To determine whether you have what it takes to run a business, we recommend these three steps to help you decide:

• Talk to other entrepreneurs in Belgrade. Get their take on what it's really like to be an entrepreneur.
• We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
• Get feedback from somebody whom you trust. That's the best way to get a truly objective assessment as to whether others think you have what it takes.

Belgrade, Montana Demographic Information

Belgrade has an active business community that includes small businesses, mid-sized businesses and large businesses.

To give you a better feel for Belgrade demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Belgrade.

Business Size	# of Businesses
1-4 Employees	3888
5-9 Employees	927
10-19 Employees	477
20-49 Employees	333
50-99 Employees	54
100-249 Employees	9
250-499 Employees	9
500-999 Employees	0
1000+ Employees	0
All Belgrade Businesses	5697

As a new Belgrade entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Belgrade 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
Air Traffic Control	1
Animal (except Poultry) Slaughtering	2
Architectural Services	1
Automotive Glass Replacement Shops	1
Automotive Parts and Accessories Stores	1
Beauty Salons	2
Beer, Wine, and Liquor Stores	1
Breweries	2
Building Inspection Services	2
Business and Secretarial Schools	1
Business Associations	1
Car Washes	1
Carpet and Upholstery Cleaning Services	1
Casinos (except Casino Hotels)	1
Child Day Care Services	8
Commercial Lithographic Printing	1
Computer and Software Stores	1
Computer Facilities Management Services	1
Computer Systems Design Services	4
Consumer Lending	1
Copper Foundries (except Die-Casting)	1
Couriers	1
Custom Computer Programming Services	4
Drinking Places (Alcoholic Beverages)	8
Drywall and Insulation Contractors	11
Electrical Contractors	7
Elementary and Secondary Schools	1
Engineering Services	6
Fertilizer (Mixing Only) Manufacturing	1
Finish Carpentry Contractors	5
Fitness and Recreational Sports Centers	2
Flight Training	1
Floor Covering Stores	1
Flooring Contractors	4
Florists	2
Framing Contractors	9
Full-Service Restaurants	9
General Automotive Repair	14
General Freight Trucking, Local	2
General Warehousing and Storage	1
Gift, Novelty, and Souvenir Stores	1
Glass and Glazing Contractors	2
Graphic Design Services	1
Hardware Stores	3
Home Centers	1
Home Health Equipment Rental	1
Homes for the Elderly	3
Insurance Agencies and Brokerages	7
Interior Design Services	2
Janitorial Services	11
Land Subdivision	1
Landscaping Services	11
Limited-Service Restaurants	11
Machine Shops	3
Mail-Order Houses	1
Manufactured (Mobile) Home Dealers	4
Masonry Contractors	11
Mobile Food Services	1
Mortgage and Nonmortgage Loan Brokers	2
Motor Vehicle Towing	1
Motorcycle Dealers	2
Musical Instrument and Supplies Stores	1
Musical Instrument Manufacturing	1
New Housing Operative Builders	3
Newspaper Publishers	1
Office Administrative Services	1
Offices of Certified Public Accountants	4
Offices of Chiropractors	3
Offices of Dentists	4
Offices of Lawyers	2
Offices of Optometrists	1
Offices of Real Estate Appraisers	3
Outdoor Power Equipment Stores	1
Painting and Wall Covering Contractors	9
Parking Lots and Garages	1
Passenger Car Rental	5
Pet and Pet Supplies Stores	2
Pet Care (except Veterinary) Services	2
Pharmacies and Drug Stores	1
Photography Studios, Portrait	1
Polystyrene Foam Product Manufacturing	1
Racetracks	1
Radio Stations	1
Ready-Mix Concrete Manufacturing	1
Recreational Vehicle Dealers	1
Refrigerated Warehousing and Storage	1
Remediation Services	1
Residential Property Managers	2
Residential Remodelers	8
Roofing Contractors	3
Scheduled Passenger Air Transportation	3
Securities Brokerage	1
Security Guards and Patrol Services	1
Septic Tank and Related Services	1
Siding Contractors	3
Sign Manufacturing	2
Site Preparation Contractors	16
Snack and Nonalcoholic Beverage Bars	3
Sporting Goods Stores	2
Support Activities for Metal Mining	1
Tax Preparation Services	3
Taxi Service	1
Tile and Terrazzo Contractors	7
Tire Dealers	3
Title Abstract and Settlement Offices	1
Travel Trailer and Camper Manufacturing	1
Truss Manufacturing	1
Used Car Dealers	5
Used Merchandise Stores	3
Veterinary Services	7
Video Tape and Disc Rental	2
Vocational Rehabilitation Services	1
Wholesale Trade Agents and Brokers	2
Wood Preservation	1

Naming the Company

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.

Companies like Starbucks, Apple, Target, Microsoft and Intuit all have strong company names that are easy to remember and have become well-loved brands. Wouldn't it be nice if your new company name got on a similar track?

To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Company.

There's one other important factor when naming a business. Since you are opening a business in Belgrade, it's imperative that you check now that no Montana company has already registered the company name you have selected.

Forming a Company in Belgrade, Montana

It's essential that your business is formed as a legal entity that is separate from its owners. Doing so will separate you from personal liability for business debts and obligations.

When forming a company, you will pick from many company types, such as a corporation, LLC, sole proprietorship, partnership or other structure.

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. If you are starting a business in Montana, you don't necessarily have to incorporate in Montana. In fact, you can incorporate wherever you want. For example, it's very popular to incorporate in Delaware, and incorporating in Nevada has become very trendy as well. Don't forget, though, that you will have to register as a foreign entity in all states that you do business in.

There are many nuances to forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as How to Incorporate. You may also want to seek the advice of an attorney. On a final note, since you will be starting a business in Belgrade, Montana, our web page covering Incorporating in Montana may be a useful resource if you decide to incorporate in Montana.

Bring in Revenues

Mastering the art of selling is a must if you want your new Belgrade business to do well.

The key to selling is to set sales goals goals and monitor your progress towards those goals. The good news is we can help you to make selling a big competitve advantage for your new firm.

Writing Great Proposals is worth reading, as it may give you some good ideas on how to sell your products or services. We have many more good articles on selling that you may enjoy reading.

Learning More About Entrepreneurship

Good entrepreneurs recognize that what they know now may not be enough to ensure their future success.

With your business being located in Belgrade, Montana, you should check out some of the many programs available at nearby Montana universities, colleges and community colleges. Another way to keep up on your entrepreneurial education is to investigate networking groups or organizations in which Belgrade entrepreneurs get together to network and trade their business experiences.

Moving Forward

Most new Belgrade businesses underestimate the number of challenges they will face.

Owning your own business will be a daunting task, but you can do it.

This site is all about helping entrepreneurs in Belgrade and elsewhere to achieve real success. We have a wealth of experience in business start-ups, financing, marketing, sales and more...and we've made all of our knowledge available to you.

More Entrepreneurial Resources for Starting a Business in Belgrade, Montana

Here are more links that we believe will help you be successful in starting a business in Belgrade.

• Resources for Belgrade, Montana Entrepreneurs - Browse a variety of resources we've collected to assist Belgrade entrepreneurs.
• Montana Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Montana.
• Montana Small Business Development Center - The Montana Small Business Development Centers focus on the creation, retention and expansion of Montana small businesses.
• Belgrade, Montana Newspaper Ad Rates - This is a nearly comprehensive list of advertising rates for Belgrade, Montana newspapers, including ad costs for newspapers serving the Belgrade area.
• Belgrade, Montana Radio Advertising Prices - To help you in your marketing efforts, we've gathered radio advertising rates for Belgrade, Montana area radio stations.

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