Are you starting a business in Connersville, Indiana? This article discusses the most important things to consider when opening a business in Connersville.
Are You Ready for the Challenges of Being an Entrepreneur?
Most startup ventures do not succeed, 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.
Before you move forward with starting a business, be sure to do these three things:
- Speak with other entrepreneurs in Connersville. Listen closely to their experiences and see if you think you too can be successful.
- You should read Starting a Company. It's a good read for those who are thinking about becoming an entrepreneur.
- Talk it over with a close friend or partner. Ask them directly: Do I have what it takes to be an entrepreneur? Listen carefully to their answer, as they presumably know your strengths and weaknesses.
Connersville, Indiana Demographic Information
Connersville has an active business community that includes small businesses,
mid-sized businesses and large businesses.
To give you a better feel for Connersville demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Connersville.
| Business Size | # of Businesses |
| 1-4 Employees |
777 |
| 5-9 Employees |
381 |
| 10-19 Employees |
165 |
| 20-49 Employees |
123 |
| 50-99 Employees |
36 |
| 100-249 Employees |
24 |
| 250-499 Employees |
6 |
| 500-999 Employees |
0 |
| 1000+ Employees |
3 |
| All Connersville Businesses |
1515 |
As a new Connersville entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Connersville 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 |
| Aluminum Extruded Product Manufacturing |
1 |
| Architectural Services |
1 |
| Automotive Exhaust System Repair |
2 |
| Automotive Parts and Accessories Stores |
3 |
| Beauty Salons |
1 |
| Beer, Wine, and Liquor Stores |
5 |
| Book Stores |
1 |
| Bowling Centers |
1 |
| Business Associations |
3 |
| Cable and Other Program Distribution |
2 |
| Cafeterias |
1 |
| Carpet and Upholstery Cleaning Services |
2 |
| Cemeteries and Crematories |
1 |
| Child Day Care Services |
2 |
| Civic and Social Organizations |
12 |
| Coin-Operated Laundries and Drycleaners |
2 |
| Collection Agencies |
1 |
| Commercial Lithographic Printing |
3 |
| Construction Sand and Gravel Mining |
1 |
| Consumer Lending |
3 |
| Convenience Stores |
1 |
| Couriers |
1 |
| Credit Unions |
3 |
| Crop Harvesting, Primarily by Machine |
1 |
| Dental Laboratories |
1 |
| Discount Department Stores |
2 |
| Drinking Places (Alcoholic Beverages) |
5 |
| Drywall and Insulation Contractors |
1 |
| Educational Support Services |
1 |
| Electric Power Distribution |
2 |
| Electrical Contractors |
2 |
| Elementary and Secondary Schools |
1 |
| Engineering Services |
2 |
| Family Clothing Stores |
1 |
| Family Planning Centers |
1 |
| Fine Arts Schools |
1 |
| Finish Carpentry Contractors |
1 |
| Fitness and Recreational Sports Centers |
2 |
| Floor Covering Stores |
1 |
| Flooring Contractors |
1 |
| Florists |
3 |
| Food Service Contractors |
1 |
| Framing Contractors |
1 |
| Freight Transportation Arrangement |
1 |
| Full-Service Restaurants |
16 |
| Funeral Homes and Funeral Services |
2 |
| Furniture Stores |
1 |
| General Automotive Repair |
7 |
| General Freight Trucking, Local |
2 |
| General Medical and Surgical Hospitals |
1 |
| General Rental Centers |
1 |
| Gift, Novelty, and Souvenir Stores |
2 |
| Glass and Glazing Contractors |
1 |
| Golf Courses and Country Clubs |
1 |
| Grantmaking Foundations |
1 |
| Hardware Stores |
2 |
| Hazardous Waste Treatment and Disposal |
1 |
| Home Health Care Services |
1 |
| Household Appliance Stores |
2 |
| Industrial Design Services |
2 |
| Insurance Agencies and Brokerages |
9 |
| Investment Advice |
1 |
| Janitorial Services |
3 |
| Jewelry Stores |
3 |
| Landscaping Services |
6 |
| Lessors of Other Real Estate Property |
1 |
| Limited-Service Restaurants |
24 |
| Linen Supply |
1 |
| Machine Shops |
5 |
| Marinas |
1 |
| Masonry Contractors |
1 |
| Metal Stamping |
1 |
| Mobile Food Services |
1 |
| Mortgage and Nonmortgage Loan Brokers |
1 |
| Motor Vehicle Metal Stamping |
1 |
| Natural Gas Distribution |
1 |
| New Car Dealers |
3 |
| Newspaper Publishers |
1 |
| Nursing Care Facilities |
5 |
| Offices of Certified Public Accountants |
2 |
| Offices of Chiropractors |
5 |
| Offices of Dentists |
8 |
| Offices of Lawyers |
10 |
| Offices of Optometrists |
1 |
| Offices of Podiatrists |
1 |
| Offices of Real Estate Appraisers |
1 |
| Paint and Coating Manufacturing |
1 |
| Paint and Wallpaper Stores |
2 |
| Painting and Wall Covering Contractors |
2 |
| Pharmacies and Drug Stores |
4 |
| Photography Studios, Portrait |
1 |
| Plate Work Manufacturing |
1 |
| Professional Organizations |
1 |
| Radio Stations |
1 |
| Ready-Mix Concrete Manufacturing |
1 |
| Residential Property Managers |
1 |
| Residential Remodelers |
3 |
| Roofing Contractors |
1 |
| Savings Institutions |
2 |
| School and Employee Bus Transportation |
1 |
| Securities Brokerage |
2 |
| Sheet Metal Work Manufacturing |
1 |
| Shoe Stores |
3 |
| Site Preparation Contractors |
6 |
| Snack and Nonalcoholic Beverage Bars |
1 |
| Sporting Goods Stores |
1 |
| Tax Preparation Services |
1 |
| Testing Laboratories |
1 |
| Tire Dealers |
2 |
| Title Abstract and Settlement Offices |
1 |
| Tobacco Stores |
2 |
| Travel Agencies |
2 |
| Used Car Dealers |
9 |
| Vending Machine Operators |
2 |
| Veterinary Services |
1 |
| Video Tape and Disc Rental |
1 |
| Vocational Rehabilitation Services |
1 |
| Water Supply and Irrigation Systems |
2 |
| Wired Telecommunications Carriers |
3 |
| Women's Clothing Stores |
1 |
Have You Considered Franchising?
Visit the business district of Connersville and you may be surprised to see how many franchises there are in the area. Should you be giving franchising serious consideration?
We highly recommend you look into purchasing a franchise. We have many articles on franchises, such as Franchising My Business. Become a franchising expert of sorts by reading more of our Articles on Franchising.
You can find franchise opportunities by browsing our Franchise Opportunities Directory.
Sample franchise opportunities include Top Dog Daycare and Contem 1g Franchising Ltda. Alternatively, you can browse franchise categories, such as Tax Preparation Franchises and Child Safety Franchises.
Note on Connersville Franchise Opportunities: To find out if a franchise you are interested in is available in Connersville, you will need to get in direct contact with the franchisor.
Naming the Company
A big decision when starting a company is choosing a company name. Believe it or not, choosing a good company name can be a big contributor to your business success.
We strongly advocate that you make sure the ".com" domain name is available for your company name. Every business needs a strong Web presence these days, and having a non ".com" domain means somebody else may outrank you in the search results for your own company name.
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Branding Advice.
On a final note, given that you are opening a business in Connersville, it's imperative that you check now that no other Indiana company is using the business name you want to use.
Raising Money for Your New Venture
Getting your Connersville business the capital it needs to succeed is very difficult due to the ongoing business credit crunch. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.
On the bright side, this site contains dozens of articles on raising money, including one we recommend entitled Borrowing Money from Friends and Family.
For Connersville entrepreneurs who need startup capital, check out our List of Indiana Angel Investors and our List of Indiana Venture Capital Firms.
Improving Your Entrepreneurial Skillset
Successful entrepreneurs recognize that they need to continually improve.
With your business being located in Connersville, Indiana, you will want to take advantage of the many programs available at nearby Indiana universities, colleges and community colleges. It's also worthwhile to see if there are any networking organizations for Connersville entrepreneurs.
Never Give Up
Most new Connersville businesses underestimate the number of challenges they will face.
If you choose the right business and love what you do, you will greatly increase your odds of success.
We are here to help Connersville businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Connersville 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 Connersville, Indiana
Here are more links that we believe will help you be successful in starting a business in Connersville.
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