Florida Business Startup Guides
Start a Business in Daytona Beach, Florida
Are you starting a business in Daytona Beach, Florida? This article discusses the most important things to consider when opening a business in Daytona Beach.
Is Becoming an Entrepreneur Right for You?
Most startup businesses fail, in part because the founder did not have the entrepreneurial skills and traits needed to succeed. So, before you start your 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:
- Grab a meal or cofee with other entrepreneurs in Daytona Beach. Get their take on what it's really like to be an entrepreneur.
- Take a look at Business Failure. It's a short article but it's a good reality check for those are about to jump into the world of entrepreneurship.
- Involve a spouse, family member or trusted friend in the decision. That's the best way to get a truly objective assessment as to whether others think you have what it takes.
What Business to Start
An important decision is what kind of business you want to start. To help you decide on a business type, we encourage you to read Finding Your Niche in Life.
To view an extensive list of business types, complete with startup instructions, spend some time in the Good Businesses to Start section of our site. For example, you might be interested in our How to Start a Natural & Cut Stone Dealership guide or our Starting a Public Opinion Analysis Business guide.
Remember that Daytona Beach is the place where you are starting a business. Some businesses will do better in Daytona Beach than others. Study Daytona Beach demographics and do a competitive analysis as part of your startup planning process.
Daytona Beach, Florida Demographic Information
Daytona Beach has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Daytona Beach demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Daytona Beach.
Businesses
As a new Daytona Beach entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Daytona Beach 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
Choosing a Company Name
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.
Pick a company name that isn't too generic. If you do a search engine search for your proposed name and a billion results come up, you may want to reconsider the name. It's much easier to come up in the search engines when your name is fairly unique.
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Business.
On a final note, given that you are starting a business in Daytona Beach, it's imperative that you check now that no other Florida company is using the business name you want to use.
Make Sure You Have a Business Plan
Creating a business plan is critical in laying a solid foundation for your business success. Simply put, a business plan describes what you plan to do with the business and how you plan to do it. Starting a business without a business plan
To learn more about business plans, read Business Plan Contests. A great resource for business planning assistance is the free business counselors available to you through your local SCORE chapter in Florida.
Startup Financing Basics
Getting your Daytona Beach business the capital it needs to succeed will be harder than you might expect. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.
Take advantage of our many articles on securing funding, such as 504 Loans.
For Daytona Beach entrepreneurs in need of startup financing, check out our List of Florida Angel Investors and our List of Florida Venture Capital Firms.
Building Up Your Sales
Mastering the art of selling is essential if you want your new Daytona Beach business to do well.
Clever sales techniques can transform any business from good to great. Fortunately, we've got plenty of good advice to help you improve your selling skills.
Good Sales Strategies offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.
Interviews With Daytona Beach Entrepreneurs
We're compiling a number of interviews with Daytona Beach entrepreneurs. Enjoy!
Moving Forward
Most new Daytona Beach 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 Daytona Beach 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 Daytona Beach, Florida
Here are more links that we believe will help you be successful in starting a business in Daytona Beach.
- Resources for Daytona Beach, Florida Entrepreneurs - Browse a variety of resources we've collected to assist Daytona Beach entrepreneurs.
- Florida Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Florida.
- Florida Small Business Development Center - The Florida Small Business Development Center Network (FSBDCN) is a statewide economic development partnership between higher education and other stakeholder organizations dedicated to providing entrepreneurs and established businesses with the assistance needed to start, grow and succeed, contributing to the Florida economy.
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