Opening a Business in Grangeville, Idaho

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

Are You Sure You Want to Do This?

Before announcing to the world that you are going to start your own business, assess your entrepreneurial instincts and capabilities.

While entrepreneurship has become a popular career choice, we recommend you do the following before you take the plunge:

• Grab a meal or cofee with other entrepreneurs in Grangeville. Ask them candidly what it's like to run a business.
• Take a look at The Entrepreneurial Personality. It's a short article but it's a good reality check for those are about to jump into the world of entrepreneurship.
• Reach out to a trusted acquaintance. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.

What Business to Start

There are many businesses that you can start. How do you know which type of business is right for you? To stir your creative juices on what kind of business to start, take a look at Free Business Ideas.

For in-depth how-to guides on how to start specific businesses, browse our Good Businesses to Start section of our site. For example, you might be interested in our How to Start a Christmas Trees & Wreaths Wholesale & Manufacturers Business guide or our Starting a Felt & Felt Products Business guide.

Always keep in mind that starting a business in Grangeville has some implications. Think about what needs are currently being underserved in Grangeville. Don't forget to review Grangeville demographics to see if there's a market for what you want to sell.

Grangeville, Idaho Demographic Information

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

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

Business Size	# of Businesses
1-4 Employees	443
5-9 Employees	123
10-19 Employees	111
20-49 Employees	18
50-99 Employees	9
100-249 Employees	3
250-499 Employees	0
500-999 Employees	0
1000+ Employees	0
All Grangeville Businesses	707

As a new Grangeville entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Grangeville 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 Glass Replacement Shops	1
Automotive Parts and Accessories Stores	3
Beauty Salons	1
Book Stores	1
Cafeterias	1
Carpet and Upholstery Cleaning Services	1
Child Day Care Services	2
Civic and Social Organizations	1
Commercial Lithographic Printing	1
Computer Systems Design Services	1
Convenience Stores	1
Couriers	2
Credit Unions	1
Custom Computer Programming Services	1
Drinking Places (Alcoholic Beverages)	1
Drywall and Insulation Contractors	1
Educational Support Services	1
Electric Power Distribution	2
Electrical Contractors	1
Elementary and Secondary Schools	1
Family Clothing Stores	1
Family Planning Centers	1
Farm Supplies Merchant Wholesalers	1
Fitness and Recreational Sports Centers	3
Floor Covering Stores	2
Florists	1
Food Service Contractors	1
Full-Service Restaurants	10
Funeral Homes and Funeral Services	1
Furniture Stores	1
General Automotive Repair	2
General Freight Trucking, Local	3
General Medical and Surgical Hospitals	1
Gift, Novelty, and Souvenir Stores	2
Golf Courses and Country Clubs	1
Graphic Design Services	1
Hardware Stores	2
Home Health Equipment Rental	1
Homes for the Elderly	1
Household Appliance Stores	1
Insurance Agencies and Brokerages	6
Internet Service Providers	1
Jewelry Stores	1
Limited-Service Restaurants	1
Logging	7
Machine Shops	2
Marketing Consulting Services	1
Motor Vehicle Towing	1
Motorcycle Dealers	1
New Car Dealers	2
Newspaper Publishers	1
Nursing Care Facilities	1
Offices of Certified Public Accountants	1
Offices of Chiropractors	1
Offices of Dentists	3
Offices of Lawyers	5
Offices of Optometrists	1
One-Hour Photofinishing	1
Painting and Wall Covering Contractors	1
Petroleum Bulk Stations and Terminals	1
Pharmacies and Drug Stores	1
Portfolio Management	1
Private Mail Centers	1
Quick Printing	1
Ready-Mix Concrete Manufacturing	1
Residential Property Managers	1
Residential Remodelers	2
Savings Institutions	2
Sawmills	1
School and Employee Bus Transportation	1
Securities Brokerage	1
Shoe Stores	1
Site Preparation Contractors	2
Snack and Nonalcoholic Beverage Bars	1
Solid Waste Collection	1
Sporting Goods Stores	5
Support Activities for Forestry	2
Surface Active Agent Manufacturing	1
Tax Preparation Services	1
Tire Dealers	2
Title Abstract and Settlement Offices	2
Veterinary Services	2
Video Tape and Disc Rental	2
Wired Telecommunications Carriers	2

Choosing a Company 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.

Before you decide on a company name, run it by some prospective customers and see what they think. If they don't like it, it's probably a good idea to go back to the drawing board.

For other considerations regarding naming a company, we recommend this article: Naming a Business.

On a final note, given that you are opening a business in Grangeville, it's very important that you make sure you will be the only Idaho company using the business name you have chosen.

Raising Money for Your New Venture

Finding the funds to fuel the growth of your Grangeville 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 Bank Credit Lines.

For Grangeville entrepreneurs on the hunt for startup funding, we have assembled a List of Idaho Angel Investors and our List of Idaho Venture Capital Firms.

Getting the Word Out About Your New Business

To rise above the crowd in Grangeville and grow your business, you'll need to have a good marketing plan.

We have some helpful resources on this site for entrepreneurs who are working on marketing plans. Bus Bench Advertising Costs is a good read to get your marketing ideas flowing. That's just a sampling of the many useful articles we have on Marketing a Small Business.

Building Up Your Sales

Being able to sell is critical to your business success. Whether you are focused on selling local customers in Grangeville or are selling to customers throughout Idaho, the United States or even the world, you have to be able to sell.

So what does it take to bring in more prospects and close more business? Fortunately, we've got plenty of good advice to help you improve your selling skills.

Closing Sales Techniques is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.

Next Steps

You have a dream -- starting a business in Grangeville. To achieve your dream, you have to persevere, even when the odds are against you.

If you choose the right business and love what you do, you will greatly increase your odds of success.

We are here to help Grangeville businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Grangeville, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Grangeville, Idaho

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

• Resources for Grangeville, Idaho Entrepreneurs - Browse a variety of resources we've collected to assist Grangeville entrepreneurs.
• Idaho Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Idaho.
• Idaho Small Business Development Center - The Idaho Small Business Development Center (Idaho SBDC) is a university-based organization offering a wealth of free and low-cost services to help small businesses and entrepreneurs be successful.
• Grangeville, Idaho Newspaper Ad Rates - This is a nearly comprehensive list of advertising rates for Grangeville, Idaho newspapers, including ad costs for newspapers serving the Grangeville area.
• Grangeville, Idaho Radio Advertising Prices - To help you in your marketing efforts, we've gathered radio advertising rates for Grangeville, Idaho area radio stations.

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