Ohio Business Startup Guides
Opening a Business in Eaton, Ohio
Contemplating starting a business in Eaton, Ohio? We walk you through the process of opening a business in Eaton.
Eaton, Ohio Demographic Information
Eaton has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Eaton demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Eaton.
Businesses
As a new Eaton entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Eaton 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
What About Buying an Existing Eaton Business?
We've created a helpful website page for those who want to Buy a Business in Ohio. Follow that link and you can review several good businesses for sale in Eaton.
For anybody who wants to buy a business, we recommend reading this useful article: Hold Harmless Agreements When Buying Businesses.
Naming the Business
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.
Company names should be fun to say, and they should help people to understand what you do and how you differentiate yourself in the market.
For other considerations regarding naming a company, we recommend this article: Naming a Business.
On a final note, given that you are planning on starting a business in Eaton, it's very important that you make sure no Ohio company has already registered the company name you have selected.
Forming a Company in Eaton, Ohio
It's essential that your business is formed as a legal entity that is separate from its owners. The principal advantage of forming your new business as a legal entity is that it separates your business liabilities from your personal liabilities.
When forming a company, you will choose from many company types, such as a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporation 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 Ohio, you don't necessarily have to incorporate in Ohio. As it turns out, you can incorporate wherever you want. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.
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. On a final note, since you will be starting a business in Eaton, Ohio, our web page covering Incorporating in Ohio may be a useful resource if you decide to incorporate in Ohio.
Where to Get Money to Start a Company
Obtaining startup financing for your Eaton business requires strong organization skills and perseverance. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.
On the bright side, this site contains dozens of articles on raising money, including one we recommend entitled 504 Loans.
For Eaton entrepreneurs who want to raise money for a new venture, you'll want to take a look at our List of Ohio Angel Investors and our List of Ohio Venture Capital Firms.
Getting the Word Out About Your New Company
Whether your goal is to attract Eaton customers or you plan on selling elsewhere, having an excellent marketing plan is fundamental to your beating the competition.
You can learn all about marketing on our site. Media Kits is a good read to get your marketing juices flowing. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.
Never Give Up
You have a dream -- starting a business in Eaton. To achieve your dream, you have to persevere, even when the odds are against you.
Owning your own business will be a daunting task, but you can do it.
Our goal here is to promote the vitality and growth of small businesses in Eaton and throughout the United States . We believe entrepreneurship is an amazing engine for job creation in Eaton, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Eaton, Ohio
Here are more links that we believe will help you be successful in starting a business in Eaton.
- Resources for Eaton, Ohio Entrepreneurs - Browse a variety of resources we've collected to assist Eaton entrepreneurs.
- Ohio Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Ohio.
- Ohio Small Business Development Center - Whether you're starting your business, expanding your business, or just looking to stay in business, the Small Business Development Centers of Ohio (SBDCs of Ohio) can help with professional guidance by connecting you with research, financing sources, and training opportunities.
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