December 22, 2014  
 
  Entrepreneurial Resources - Advice for Mississippi Entrepreneurs  
  Greenwood, Mississippi Resources for Entrepreneurs  
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Opening a Business in Greenwood, Mississippi

Contemplating starting a business in Greenwood, Mississippi? We walk you through the process of opening a business in Greenwood.

Greenwood, Mississippi Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 13104
5-9 Employees 5508
10-19 Employees 3312
20-49 Employees 2592
50-99 Employees 936
100-249 Employees 504
250-499 Employees 72
500-999 Employees 72
1000+ Employees 0
All Greenwood Businesses 26100

As a new Greenwood entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Greenwood 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
Advertising Agencies 1
Amusement Arcades 1
Animal (except Poultry) Slaughtering 1
Appliance Repair and Maintenance 1
Architectural Services 1
Automotive Exhaust System Repair 1
Automotive Parts and Accessories Stores 11
Automotive Transmission Repair 1
Baked Goods Stores 1
Beauty Salons 5
Bed-and-Breakfast Inns 1
Beer and Ale Merchant Wholesalers 2
Beer, Wine, and Liquor Stores 6
Book Stores 2
Bowling Centers 1
Business Associations 4
Cable and Other Program Distribution 1
Carpet and Upholstery Cleaning Services 1
Cemeteries and Crematories 1
Child and Youth Services 1
Child Day Care Services 13
Civic and Social Organizations 3
Clothing Accessories Stores 1
Commercial Lithographic Printing 2
Community Food Services 1
Confectionery Merchant Wholesalers 1
Construction Sand and Gravel Mining 1
Consumer Lending 6
Convenience Stores 4
Couriers 2
Custom Computer Programming Services 1
Cut Stock, Resawing Lumber, and Planing 1
Direct Life Insurance Carriers 4
Discount Department Stores 1
Drinking Places (Alcoholic Beverages) 1
Electric Power Distribution 2
Electrical Contractors 8
Electronic Shopping 1
Elementary and Secondary Schools 4
Engineering Services 2
Exterminating and Pest Control Services 1
Facilities Support Services 1
Family Clothing Stores 6
Farm Product Warehousing and Storage 2
Farm Supplies Merchant Wholesalers 3
Fine Arts Schools 1
Fish and Seafood Markets 1
Fitness and Recreational Sports Centers 3
Floor Covering Stores 2
Flooring Contractors 1
Florists 5
Food (Health) Supplement Stores 1
Food Service Contractors 4
Freight Transportation Arrangement 1
Full-Service Restaurants 15
Funeral Homes and Funeral Services 3
Furniture Merchant Wholesalers 1
Furniture Stores 5
General Automotive Repair 5
General Freight Trucking, Local 1
General Medical and Surgical Hospitals 1
General Rental Centers 1
Gift, Novelty, and Souvenir Stores 4
Golf Courses and Country Clubs 1
Hardware Stores 1
Hobby, Toy, and Game Stores 1
Home Centers 1
Home Health Care Services 2
Homes for the Elderly 2
Household Appliance Stores 2
Industrial Launderers 3
Insurance Agencies and Brokerages 13
Iron and Steel Mills 1
Janitorial Services 3
Jewelry Stores 5
Kidney Dialysis Centers 1
Land Subdivision 1
Landscape Architectural Services 1
Landscaping Services 1
Lessors of Other Real Estate Property 2
Limited-Service Restaurants 20
Linen Supply 1
Locksmiths 1
Machine Shops 1
Meat Markets 1
Men's Clothing Stores 2
Miscellaneous Intermediation 4
Motor Vehicle Towing 1
Motorcycle Dealers 1
Museums 1
Natural Gas Distribution 1
New Car Dealers 3
New Housing Operative Builders 1
Newspaper Publishers 1
Nonresidential Property Managers 2
Nursing Care Facilities 3
Office Equipment Merchant Wholesalers 2
Office Supplies and Stationery Stores 1
Offices of Certified Public Accountants 7
Offices of Chiropractors 3
Offices of Dentists 10
Offices of Lawyers 20
Offices of Optometrists 1
Offices of Podiatrists 1
Outdoor Power Equipment Stores 1
Paint and Wallpaper Stores 2
Painting and Wall Covering Contractors 2
Pharmacies and Drug Stores 6
Photography Studios, Portrait 1
Portfolio Management 2
Power-Driven Handtool Manufacturing 1
Radio Stations 3
Ready-Mix Concrete Manufacturing 4
Real Estate Credit 3
Recreational Vehicle Dealers 1
Repossession Services 1
Residential Property Managers 3
Residential Remodelers 1
Retail Bakeries 1
Reupholstery and Furniture Repair 2
Roofing Contractors 3
Scheduled Passenger Air Transportation 1
Securities Brokerage 1
Security Guards and Patrol Services 1
Sheet Metal Work Manufacturing 2
Shoe Stores 5
Site Preparation Contractors 2
Sporting Goods Stores 2
Tax Preparation Services 1
Telecommunications Resellers 1
Testing Laboratories 1
Tile and Terrazzo Contractors 1
Tire Dealers 4
Tobacco Stores 1
Tradebinding and Related Work 1
Travel Agencies 1
Travel Trailer and Camper Manufacturing 1
Used Car Dealers 7
Used Merchandise Stores 2
Veterinary Services 3
Video Tape and Disc Rental 2
Vocational Rehabilitation Services 1
Water Supply and Irrigation Systems 1
Wholesale Trade Agents and Brokers 2
Wired Telecommunications Carriers 3
Women's Clothing Stores 4

Have You Considered Franchising?

As you drive around Greenwood, you'll notice that many local entrepreneurs have gone the franchising route. So, it probably makes sense for you to consider franchising too.

Our advice is to consider franchising as an option. We have many articles on franchises, such as Buying an Existing Franchise. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.

To learn about specific franchise opportunities, check out our Franchise Directory.

Sample franchise opportunities include The Crack Team and iSold It eBay Store. Alternatively, you can browse franchise categories, such as Auto Repair Franchises and Print and Sign Franchises.

Note on Greenwood Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Greenwood.

Have You Considered Buying an Existing Greenwood Business?

We've created a useful website page for those who want to Buy a Business in Mississippi. Follow that link and you can review several good businesses for sale in Greenwood.

For anybody who wants to buy a business, we recommend reading this useful article: Buying a Business.

Raising Money for Your New Venture

Getting your Greenwood business the capital it needs to succeed is not an easy task. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.

To learn about raising money, we recommend you read the fundraising articles on our site, such as Borrowing Money from Friends and Family.

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

Promoting Your New Venture

To grow your Greenwood business, having an excellent marketing plan is fundamental to your successs.

There are myriad resources on this site to help you with your marketing plan. Making the Most of Trade Shows is a good read to get your marketing juices 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 fundamental to your business success. Whether you are focused on selling local customers in Greenwood or are selling to customers throughout Mississippi, 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? The good news is we can help you to make selling a big competitve advantage for your new firm.

Closing Sales offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.

Learning More About Entrepreneurship

Successful business owners recognize that what they know now may not be enough to ensure their future success.

Given that you are starting a business in Greenwood, Mississippi, you will want to take advantage of the many programs available at nearby Mississippi universities, colleges and community colleges. It's also beneficial to see if there are any networking groups or organizations in which Greenwood entrepreneurs get together to network and trade their business experiences.

Next Steps

You have a dream -- starting a business in Greenwood. 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.

Our goal here is to promote the vitality and growth of small businesses in Greenwood and throughout the United States . We have a wealth of experience in business start-ups, financing, marketing, sales and more...and we've made all of our knowledge available to you.

More Entrepreneurial Resources for Starting a Business in Greenwood, Mississippi

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

 

 

Additional Resources for Entrepreneurs

Buying a Business - Writing a Business Plan - Raising Money - Incorporate

Small Business Marketing - Advertising Advice - Public Relations -

Customer Service Tips - Entrepreneurial Selling - Workplace Safety