Georgia Business Startup Guides

Starting a Business in Folkston, Georgia

Thinking about starting a business in Folkston, Georgia? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Folkston.

Do You Have Entrepreneurial Drive and Passion?

Running your own business is difficult, much harder than working as an employee. Are you certain you want to start a business?

Because entrepreneurship is not for everyone, we recommend you do the following to help you assess whether you should move forward with starting a business:

  • Talk to other entrepreneurs in Folkston. Get their candid feedback on what it takes to start a successful business.
  • We recommend reading Characteristics of Successful Entrepreneurs. For aspiring new entrepreneurs, it's a must read article.
  • Seek the advice of somebody who knows you well. A support network of family and friends can be a great sounding board for good advice before you decide for sure to go into business.

Folkston, Georgia Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
273
5-9 Employees
138
10-19 Employees
51
20-49 Employees
15
50-99 Employees
12
100-249 Employees
9
250-499 Employees
3
500-999 Employees
0
1000+ Employees
0
All Folkston Businesses
501

As a new Folkston entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Folkston 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
Automotive Parts and Accessories Stores
3
Book Stores
1
Business Associations
2
Child Day Care Services
2
Children's and Infants' Clothing Stores
1
Computer Systems Design Services
2
Consumer Lending
1
Credit Unions
1
Electrical Contractors
2
Facilities Support Services
1
Family Clothing Stores
1
Finish Carpentry Contractors
1
Fitness and Recreational Sports Centers
1
Flooring Contractors
1
Florists
2
Full-Service Restaurants
5
Funeral Homes and Funeral Services
1
Furniture Stores
3
General Automotive Repair
4
General Freight Trucking, Local
1
General Medical and Surgical Hospitals
1
Golf Courses and Country Clubs
1
Household Appliance Stores
1
Insurance Agencies and Brokerages
2
Landscaping Services
5
Lessors of Other Real Estate Property
1
Limited-Service Restaurants
10
Logging
16
Motorcycle Dealers
1
Nursing Care Facilities
1
Office Supplies and Stationery Stores
1
Offices of Certified Public Accountants
2
Offices of Dentists
1
Offices of Lawyers
3
Petroleum Bulk Stations and Terminals
1
Pharmacies and Drug Stores
2
Sawmills
1
Site Preparation Contractors
2
Sporting Goods Stores
3
Support Activities for Forestry
2
Truck Trailer Manufacturing
1
Truss Manufacturing
1
Used Car Dealers
2
Wholesale Trade Agents and Brokers
2
Wired Telecommunications Carriers
1

Have You Considered Buying an Existing Folkston Business?

If you have some capital to play with, you may want to Buy a Business in Georgia. Follow that link and you may find several good businesses for sale in Folkston.

If you are headed down the path of buying a business, you may want to read this article: Buying a Business.

Company Formation in Folkston, Georgia

A critical step is ensuring that your business is formed as a legal entity that is separate from its owners. Without a legal structure for the business, you can be held personally liable for the actions, debts and obligations of your company.

The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.

Incorporating 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, it doesn't mean you are required 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 Pre-Incorporation Agreements. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Folkston, Georgia, our information on Incorporating in Georgia may be a useful resource if you decide to incorporate in Georgia.

Letting the World Know You Exist

Whether your goal is to attract Folkston customers or you plan on selling elsewhere, you need a great marketing plan.

You can learn quite a bit about marketing on our site. Dealing with Angry Customers is an article that will stimulate a few thoughts on your marketing plan. That's just a sampling of the many useful articles we have on Marketing a Small Business.

Advancing Your Entrepreneurial Skills

Good entrepreneurs know that they don't know everything.

Given that you are starting a business in Folkston, Georgia, you will want to take advantage of the many programs available at nearby Georgia universities, colleges and community colleges. It's also smart to see if there are any Folkston networking organizations.

Now It's Up To You

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

From this point on, you control your own destiny.

We are here to help Folkston businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Folkston 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 Folkston, Georgia

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

Starting-a-Business Guides for Other Cities in Georgia

Starting a Business in Fitzgerald
Starting a Business in Forest Park

Browse All Business Startup Guides for Georgia
Starting a Business Guides for Other States

 

 

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