Kentucky Business Startup Guides
Start a Business in Benton, Kentucky
Are you starting a business in Benton, Kentucky? This article discusses the most important things to consider when opening a business in Benton.
What Business to Start
An important decision is what kind of business you want to start. We recommend that you read Business Ideas That Don't Make Sense.
If you still are not sure what type of business to start, peruse the Good Businesses to Start section of our site. For example, you might be interested in our Starting a Lighting Consultants & Designers Business guide or our Starting a Scanning Services Business guide.
Remember that your new startup will be located in Benton. The business you want to start may already be well-represented in Benton. Don't forget to review Benton demographics to see if there's a market for what you want to sell.
Benton, Kentucky Demographic Information
Benton has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Benton demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Benton.
Businesses
As a new Benton entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Benton 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.
Businesses
Don't Forget to Create a Business Plan
A business plan is essential to the health of your new business. In effect, your business plan is your game plan for how you hope to grow your business. Not having a business plan is a recipe for disaster.
To learn more about business plans, read Reasons to Write a Business Plan. You should also take advantage of free business counselors available to you through your local SCORE chapter in Kentucky.
Startup Financing Basics
Getting your Benton business the capital it needs to succeed is a difficult chore. In fact, financing your new business may be the hardest challenge you ever face.
To learn about raising money, we recommend you read the fundraising articles on our site, such as Borrowing Money from Friends and Family.
For Benton entrepreneurs who want to raise money for a new venture, you'll want to take a look at our List of Kentucky Angel Investors and our List of Kentucky Venture Capital Firms.
Promoting Your New Startup
To rise above the crowd in Benton and build your business, you'll need to have a good marketing plan.
You can learn quite a bit about marketing on our site. Yellow Pages Advertising Advice 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.
Selling Tips
Do you know how to sell? In order to attract customers to your new Benton business, you need to focus on sales.
So what does it take to bring in more prospects and close more business? The good news is we can help you to make selling a big competitve advantage for your new firm.
Anticipating Prospect Responses 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.
Now It's Up To You
As an entrepreneur in Benton, you won't be working for the boss anymore. You are the boss.
From this point on, you control your own destiny.
This site is all about helping entrepreneurs in Benton 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 Benton, Kentucky
Here are more links that we believe will help you be successful in starting a business in Benton.
- Resources for Benton, Kentucky Entrepreneurs - Browse a variety of resources we've collected to assist Benton entrepreneurs.
- Kentucky Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Kentucky.
- Kentucky Small Business Development Center - The Kentucky Small Business Development Center (KSBDC) has been assisting Kentucky small business community for more than 25 years. KSBDC is co-sponsored by the U.S. Small Business Administration and is administered by the University of Kentucky in partnership with regional universities, community and private colleges, and the private sector.
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