August 21, 2019  
 
  Entrepreneurial Resources - Advice for Iowa Entrepreneurs  
  Hampton, Iowa Resources for Entrepreneurs  
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Opening a Business in Hampton, Iowa

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

Are You Sure You Want to Do This?

Being an entrepreneur is hard work, much more arduous than working as an employee. Are you positive you are ready to take on this challenge?

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 Hampton. Ask them candidly what it's like to run a business.
  • We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
  • Get feedback from somebody whom you trust. 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 Are You Starting?

Choosing a business that is right for you is very important. You might get some good ideas about what kind of business to start by reading Good 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 Starting an Incense & Potpourri Retailer guide or our How to Start a Roof Structures & Trusses Wholesale & Manufacturers Business guide.

Always keep in mind that your new startup will be located in Hampton. The business you want to start may already be well-represented in Hampton. Study Hampton demographics and do a competitive analysis as part of your startup planning process.

Hampton, Iowa Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 5382
5-9 Employees 2145
10-19 Employees 936
20-49 Employees 429
50-99 Employees 156
100-249 Employees 156
250-499 Employees 0
500-999 Employees 0
1000+ Employees 0
All Hampton Businesses 9204

As a new Hampton entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Hampton 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 2
Beauty Salons 1
Beer, Wine, and Liquor Stores 1
Business Associations 2
Car Washes 1
Child Day Care Services 3
Civic and Social Organizations 2
Computer Systems Design Services 1
Drinking Places (Alcoholic Beverages) 2
Electric Power Distribution 3
Electrical Contractors 2
Elementary and Secondary Schools 1
Farm Management Services 1
Farm Supplies Merchant Wholesalers 6
Fertilizer (Mixing Only) Manufacturing 1
Finish Carpentry Contractors 1
Fitness and Recreational Sports Centers 1
Floor Covering Stores 1
Florists 2
Full-Service Restaurants 3
Funeral Homes and Funeral Services 1
General Automotive Repair 5
General Freight Trucking, Local 2
General Medical and Surgical Hospitals 1
Gift, Novelty, and Souvenir Stores 3
Golf Courses and Country Clubs 1
Hardware Stores 1
Home Health Care Services 1
Insurance Agencies and Brokerages 8
Internet Service Providers 1
Iron and Steel Forging 1
Iron Foundries 1
Janitorial Services 1
Jewelry Stores 1
Landscaping Services 1
Lessors of Other Real Estate Property 1
Limited-Service Restaurants 4
Livestock Merchant Wholesalers 1
Machine Shops 2
Masonry Contractors 1
Newspaper Publishers 2
Nursing Care Facilities 3
Offices of Bank Holding Companies 1
Offices of Certified Public Accountants 1
Offices of Chiropractors 3
Offices of Dentists 4
Offices of Lawyers 8
Offices of Optometrists 2
Offices of Real Estate Appraisers 2
Petroleum Bulk Stations and Terminals 3
Petroleum Refineries 2
Pharmacies and Drug Stores 3
Portfolio Management 1
Radio Stations 1
Ready-Mix Concrete Manufacturing 1
Residential Remodelers 2
Retail Bakeries 1
Roofing Contractors 1
Sawmills 1
Securities Brokerage 1
Sign Manufacturing 1
Site Preparation Contractors 1
Tax Preparation Services 2
Testing Laboratories 1
Tire Dealers 1
Title Abstract and Settlement Offices 1
Used Car Dealers 1
Used Merchandise Stores 1
Veterinary Services 1
Video Tape and Disc Rental 3
Wholesale Trade Agents and Brokers 1
Wired Telecommunications Carriers 2

Have You Considered Buying an Existing Hampton Business?

An excellent way to get started in business is to Buy a Business in Iowa. Follow that link and you can review several good businesses for sale in Hampton.

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

Naming the Company

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.

Companies like Starbucks, Apple, Target, Microsoft and Intuit all have strong company names that are easy to remember and have become well-loved brands. Wouldn't it be nice if your new company name got on a similar track?

To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Business.

As a final piece of advice, remember that because you are opening a business in Hampton, it's critical that you ensure that no Iowa company has already registered the company name you have selected.

Marketing Your New Company

Whether your goal is to attract Hampton customers or you plan on selling elsewhere, you'll need to have a good marketing plan.

There are myriad resources on this site to help you with your marketing plan. Customer Loyalty 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.

Next Steps

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

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

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

  • Resources for Hampton, Iowa Entrepreneurs - Browse a variety of resources we've collected to assist Hampton entrepreneurs.
  • Iowa Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Iowa.
  • Iowa Small Business Development Center - The Iowa SBDC conducts research, counsels, and trains business people in management, financing, and operating small businesses. They provide comprehensive information services and access to experts in a variety of fields. This is a great resource for Iowa entrepreneurs!
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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