Illinois Business Startup Guides

Open a Business in Gillespie, Illinois

Need help starting a business in Gillespie, Illinois? We've got the information you need to open a business in Gillespie.

Gillespie, Illinois Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
177
5-9 Employees
57
10-19 Employees
36
20-49 Employees
6
50-99 Employees
12
100-249 Employees
3
250-499 Employees
0
500-999 Employees
0
1000+ Employees
0
All Gillespie Businesses
291

As a new Gillespie entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Gillespie 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
Ambulance Services
1
Automotive Exhaust System Repair
1
Automotive Parts and Accessories Stores
1
Bowling Centers
1
Charter Bus Industry
1
Child Day Care Services
2
Direct Life Insurance Carriers
1
Electric Power Distribution
2
Electrical Contractors
2
Engineering Services
1
Exterminating and Pest Control Services
2
Fitness and Recreational Sports Centers
1
Floor Covering Stores
1
Full-Service Restaurants
4
General Automotive Repair
2
Gift, Novelty, and Souvenir Stores
1
Golf Courses and Country Clubs
1
Hardware Stores
1
Household Appliance Stores
1
Insurance Agencies and Brokerages
2
Janitorial Services
1
Landscaping Services
1
Limited-Service Restaurants
3
Masonry Contractors
1
New Car Dealers
2
Nursing Care Facilities
1
Offices of Dentists
1
Offices of Lawyers
3
Outdoor Power Equipment Stores
1
Pharmacies and Drug Stores
3
Professional Organizations
1
Ready-Mix Concrete Manufacturing
1
Securities Brokerage
1
Site Preparation Contractors
2
Snack and Nonalcoholic Beverage Bars
1
Title Abstract and Settlement Offices
1
Wholesale Trade Agents and Brokers
1
Wired Telecommunications Carriers
1
Women's Clothing Stores
1

What About Buying an Existing Gillespie Business?

We've created a handy website page for those who want to Buy a Business in Illinois. Follow that link and you may find several good businesses for sale in Gillespie.

Before buying a business, be sure to read this article: How to Buy a Business.

Forming a Company in Gillespie, Illinois

It's very important that your business is formed as a legal entity that is separate from its owners. Doing so will separate you from personal liability for business debts and obligations.

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. If you are starting a business in Illinois, you don't necessarily have to incorporate in Illinois. As it turns out, you are allowed to 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. To learn the basics of company formation, browse articles on our site, such as LLC Advantages. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Gillespie, Illinois, our information on Incorporating in Illinois may be a useful resource if you decide to incorporate in Illinois.

Don't Skip the Business Plan

A business plan is vital to the health of your new business. Simply put, a business plan is a written description of the future you envision for your business. Starting a business without a business plan is a recipe for disaster.

If you want more information on writing business plans, we recommend reading Business Plan Contests. A great resource for business planning assistance is the free counseling sessions provided by your local SCORE chapter in Illinois.

Where to Get Money to Start a Company

Getting your Gillespie business the capital it needs to succeed is a difficult chore. 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 raising capital, such as How Equity Dilution Works.

For Gillespie entrepreneurs who want to raise money for a new venture, check out our List of Illinois Angel Investors and our List of Illinois Venture Capital Firms.

Marketing Your New Venture

To grow your Gillespie business, you need a excellent marketing plan.

We have some great resources on this site for entrepreneurs who are working on marketing plans. Billboard Advertising Best Practices discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. That's just one of the many useful articles we have on Marketing a Small Business.

The Art of Selling

Mastering the art of selling is a must if you want your new Gillespie business to do well.

The key to selling is to set sales goals goals and monitor your progress towards those goals. Let us help you refine your selling techniques through our many useful sales advice tips.

How to Build and Motivate a Sales Team is worth reading, as it may give you some good ideas on how to sell your products or services. We have many more good articles on selling that you may enjoy reading.

Next Steps

Most new Gillespie businesses underestimate the number of challenges they will face.

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 Gillespie and throughout the United States . We want to be there for you to answer your business questions, whether you are a new Gillespie 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 Gillespie, Illinois

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

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