February 22, 2019  
 
  Entrepreneurial Resources - Advice for Iowa Entrepreneurs  
  Denver, Iowa Resources for Entrepreneurs  
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Start a Business in Denver, Iowa

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

Denver, Iowa Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 795
5-9 Employees 150
10-19 Employees 90
20-49 Employees 45
50-99 Employees 0
100-249 Employees 15
250-499 Employees 0
500-999 Employees 0
1000+ Employees 0
All Denver Businesses 1095

As a new Denver entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Denver 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
Beauty Salons 3
Beer, Wine, and Liquor Stores 1
Child Day Care Services 3
Drywall and Insulation Contractors 1
Electrical Contractors 1
Engineering Services 1
Fitness and Recreational Sports Centers 1
Floor Covering Stores 1
Florists 1
Framing Contractors 1
Full-Service Restaurants 3
Funeral Homes and Funeral Services 1
General Automotive Repair 2
Golf Courses and Country Clubs 1
Hardware Stores 1
Insurance Agencies and Brokerages 3
Janitorial Services 1
Landscaping Services 2
Lessors of Other Real Estate Property 1
Machine Shops 1
Metal Heat Treating 1
Motor Vehicle Towing 1
Newspaper Publishers 2
Nursing Care Facilities 1
Offices of Certified Public Accountants 1
Offices of Chiropractors 1
Offices of Dentists 1
Offices of Lawyers 1
Offices of Other Holding Companies 1
Pharmacies and Drug Stores 3
Residential Remodelers 1
Sporting Goods Stores 1

Forming a Company in Denver, Iowa

It's essential that you choose the right legal structure for your new entity. The principal advantage of forming your new business as a legal entity is that it separates your business liabilities from your personal liabilities.

The entity you form can be a corporation, LLC, sole proprietorship, partnership or other structure.

Incorporating is a very popular way to form a business. A key decision is whether to form and S-Corp or a C-Corp, and you also must decide in which state you will incorporate. If you are starting a business in Iowa, it doesn't mean you are required to incorporate in Iowa. In fact, you can incorporate in the state of your choosing. 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 Corporate Formalities. You should also consider getting professional assistance from your business lawyer. Finally, if you are starting a business in Denver, Iowa, our information on Incorporating in Iowa may be a useful resource if you decide to incorporate in Iowa.

The Role of the Business Plan

A business plan is critical in laying a solid foundation for your business success. In effect, a business plan describes what you plan to do with the business and how you plan to do it. Failure to write a business plan is a recipe for disaster.

To learn more about business plans, read Business Plan Contests. You should also take advantage of free counseling sessions provided by your local SCORE chapter in Iowa.

Getting the Word Out About Your New Company

To rise above the crowd in Denver and grow your business, you need a great marketing plan.

There are myriad resources on this site to help you with your marketing plan. Print Advertising Costs is an article that will stimulate a few thoughts on your marketing plan. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.

The Art of Selling

Do you know how to sell? In order to attract customers to your new Denver business, you need to focus on sales.

Good selling involves demonstrating that your wares meet your customer's needs. The good news is we can help you to make selling a big competitve advantage for your new firm.

Selling on the Phone is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.

How to Improve Your Entrepreneurial Abilities

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

As an entrepreneur who lives in Denver, Iowa, you will want to take advantage of the learning programs at local Iowa educational institutions. It's also worthwhile to see if there are any networking organizations for Denver entrepreneurs.

Next Steps

As an entrepreneur in Denver, you won't be working for the boss anymore. You are the boss.

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

We are here to help Denver businesses to be successful. 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 Denver, Iowa

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

  • Resources for Denver, Iowa Entrepreneurs - Browse a variety of resources we've collected to assist Denver entrepreneurs.
  • Iowa Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Iowa.
  • Iowa Small Business Development Center - The Iowa SBDC conducts research, counsels, and trains business people in management, financing, and operating small businesses. They provide comprehensive information services and access to experts in a variety of fields. This is a great resource for Iowa entrepreneurs!
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Additional Resources for Entrepreneurs

Buying a Business

Writing a Business Plan

Raising Money

Incorporate

Small Business Marketing

Advertising Advice

Public Relations -

Customer Service Tips

Entrepreneurial Selling

Workplace Safety