Georgia Business Startup Guides
Open a Business in Duluth, Georgia
Need help starting a business in Duluth, Georgia? We've got the information you need to open a business in Duluth.
Duluth, Georgia Demographic Information
Duluth has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Duluth demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Duluth.
Businesses
As a new Duluth entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Duluth 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 Business Name
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.
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.
Numerous company naming issues are discussed in more detail in this article: Branding Advice.
There's one other important factor when naming a business. Since you are planning on starting a business in Duluth, it's very important that you make sure no other Georgia company is using the business name you want to use.
Company Formation in Duluth, Georgia
It's very important that you choose the right legal structure for your new entity. Among other things, forming a legal entity for the business limits your liabilities.
The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporation 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. Just because you are starting a business in Georgia, you don't necessarily have to incorporate in Georgia. In fact, you can incorporate in any state you would like to. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.
There's a lot to know about forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Where to Incorporate. You should also consider getting professional assistance from your business lawyer. Finally, if you are starting a business in Duluth, Georgia, our information on Incorporating in Georgia may be a useful resource if you decide to incorporate in Georgia.
Raising Money for Your New Venture
Getting your Duluth business the capital it needs to succeed is very difficult due to the ongoing business credit crunch. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.
Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled 504 Loans.
For Duluth entrepreneurs who want to raise money for a new venture, browse our List of Georgia Angel Investors and our List of Georgia Venture Capital Firms.
Marketing Your New Venture
Whether your goal is to attract Duluth customers or you plan on selling elsewhere, having an excellent marketing plan is fundamental to your succeeding.
We have some helpful resources on this site for entrepreneurs who are working on marketing plans. Marketing Basics is a good read to get your marketing ideas flowing. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.
Ramping Up Sales
Being able to sell is critical to your business success. Whether you are focused on selling local customers in Duluth or are selling to customers throughout Georgia, the United States or even the world, you have to be able to sell.
Why should customers buy from you instead of buying from competitors? Fortunately, we've got plenty of good advice to help you improve your selling skills.
Selling Stuff on the Web offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.
Now It's Up To You
You have a dream -- starting a business in Duluth. To achieve your dream, you have to persevere, even when the odds are against you.
From this point on, you control your own destiny.
We are here to help Duluth businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Duluth 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 Duluth, Georgia
Here are more links that we believe will help you be successful in starting a business in Duluth.
- Resources for Duluth, Georgia Entrepreneurs - Browse a variety of resources we've collected to assist Duluth entrepreneurs.
- Georgia Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Georgia.
- Georgia Small Business Development Center - The Georgia SBDC program helps Georgia entrepreneurs with developing business plans, providing financial analysis, identifying sources of capital, and assessing marketing strategies.
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