Missouri Business Startup Guides
Starting a Business in Hazelwood, Missouri
Thinking about starting a business in Hazelwood, Missouri? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Hazelwood.
Will You Be a Good Entrepreneur?
Most startup ventures fail, in part because the entrepreneur did not have the tenacity and/or the skills to succeed. So, before you open a business, consider all of the implications of being an entrepreneur.
To determine whether you have what it takes to run a business, we recommend these three steps to help you decide:
- Talk to other entrepreneurs in Hazelwood. They are usually very willing to share their insights on the ups and downs of being an entrepreneur.
- We recommend reading Should You Become an Entrepreneur?. For aspiring new entrepreneurs, it's a must read article.
- Have a candid conversation with friends and family. Others sometimes know you better than you know yourself.
What Business Are You Starting?
Choosing a business that is right for you is very important. To help you decide on a business type, we encourage you to read Evaluating Your Idea.
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 Opening a Range Hoods & Canopies Business guide or our Starting a Security Guard & Patrol Services Business guide.
Don't forget that starting a business in Hazelwood has some implications. Some businesses will do better in Hazelwood than others. Only by spending some time analyzing Hazelwood demographics can you decide if there will be strong demand for your business idea.
Hazelwood, Missouri Demographic Information
Hazelwood has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Hazelwood demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Hazelwood.
Businesses
As a new Hazelwood entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Hazelwood 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.
Businesses
Is a Franchise Opportunity Right For You?
As you drive around Hazelwood, you may be surprised to see how many franchises there are in the area. Would going with a franchise be a good idea for you?
We advise the entrepreneurs we work with to consider franchising as an option. To help you learn more about franchising, we've gathered a ton of articles on franchising, including Buying a Franchise. Become a franchising expert of sorts by reading more of our Articles on Franchising.
You can find franchise opportunities by browsing our Franchise Opportunities Directory.
Representative franchise opportunities include Pro Golf Discount and Color-Glo International. Alternatively, you can browse franchise categories, such as Candy and Chocolate Franchises and IT Training Franchises.
Note on Hazelwood Franchise Opportunities: To find out if a franchise you are interested in is available in Hazelwood, you will need to get in direct contact with the franchisor.
Where to Get Money to Start a Company
Getting your Hazelwood business the capital it needs to succeed is very difficult due to the ongoing business credit crunch. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.
Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled Business Incubators.
For Hazelwood entrepreneurs on the hunt for startup funding, we have assembled a List of Missouri Angel Investors and our List of Missouri Venture Capital Firms.
Marketing Your New Business
Whether your goal is to attract Hazelwood 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. Telemarketing Service Costs 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.
What's Next?
Most new Hazelwood 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 Hazelwood and throughout the United States . We want to be there for you to answer your business questions, whether you are a new Hazelwood 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 Hazelwood, Missouri
Here are more links that we believe will help you be successful in starting a business in Hazelwood.
- Resources for Hazelwood, Missouri Entrepreneurs - Browse a variety of resources we've collected to assist Hazelwood entrepreneurs.
- Missouri Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Missouri.
- Missouri Small Business Development Center - Missouri Small Business Development Center business specialists are uniquely qualified to help small businesses get started, develop and thrive.
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