Contemplating starting a business in Hendersonville, Tennessee? We walk you through the process of opening a business in Hendersonville.
Do You Have Entrepreneurial Drive and Passion?
Before quitting your day job, 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:
- Talk to other entrepreneurs in Hendersonville. Get their candid feedback on what it takes to start a successful business.
- We recommend reading Characteristics of Successful Entrepreneurs. For aspiring new entrepreneurs, it's a must read article.
- Seek the advice of somebody who knows you well. A support network of family and friends can be a great sounding board for good advice before you decide for sure to go into business.
Hendersonville, Tennessee Demographic Information
Hendersonville has an active business community that includes small businesses,
mid-sized businesses and large businesses.
To give you a better feel for Hendersonville demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Hendersonville.
| Business Size | # of
Businesses |
| 1-4 Employees |
4030 |
| 5-9 Employees |
1464 |
| 10-19 Employees |
930 |
| 20-49 Employees |
540 |
| 50-99 Employees |
126 |
| 100-249 Employees |
114 |
| 250-499 Employees |
12 |
| 500-999 Employees |
0 |
| 1000+ Employees |
0 |
| All Hendersonville Businesses |
7216 |
As a new Hendersonville entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Hendersonville 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 |
|
Adhesive Manufacturing |
1 |
| Architectural Services |
1 |
| Art Dealers |
1 |
| Audio and Video Equipment Manufacturing |
2 |
| Automotive Exhaust System Repair |
1 |
| Automotive Glass Replacement Shops |
2 |
| Automotive Parts and Accessories Stores |
4 |
| Automotive Transmission Repair |
2 |
|
Beauty Salons |
17 |
| Beer, Wine, and Liquor Stores |
3 |
| Blind and Shade Manufacturing |
1 |
| Boat Dealers |
4 |
| Book Publishers |
1 |
| Book Stores |
1 |
| Bowling Centers |
1 |
| Broadwoven Fabric Finishing Mills |
1 |
|
Building Inspection Services |
1 |
| Business Associations |
1 |
| Cafeterias |
1 |
| Car Washes |
3 |
| Carpet and Upholstery Cleaning Services |
4 |
| Caterers |
4 |
| Cemeteries and Crematories |
1 |
| Child Day Care Services |
16 |
|
Civic and Social Organizations |
2 |
| Claims Adjusting |
3 |
| Clothing Accessories Stores |
1 |
| Coin-Operated Laundries and Drycleaners |
1 |
| Collection Agencies |
1 |
| Commercial Lithographic Printing |
2 |
| Commercial Photography |
1 |
| Commercial Screen Printing |
1 |
|
Computer and Software Stores |
3 |
| Computer Systems Design Services |
5 |
| Construction Machinery Manufacturing |
1 |
| Consumer Lending |
4 |
| Continuing Care Retirement Communities |
1 |
| Convenience Stores |
2 |
| Couriers |
1 |
| Credit Bureaus |
1 |
|
Curtain and Drapery Mills |
1 |
| Custom Computer Programming Services |
6 |
| Dental Laboratories |
2 |
| Digital Printing |
2 |
| Direct Life Insurance Carriers |
2 |
| Direct Title Insurance Carriers |
3 |
| Discount Department Stores |
4 |
| Drafting Services |
1 |
|
Drywall and Insulation Contractors |
5 |
| Educational Support Services |
1 |
| Electrical Contractors |
21 |
| Electronic Shopping |
1 |
| Elementary and Secondary Schools |
2 |
| Engineering Services |
4 |
| Environmental Consulting Services |
1 |
| Exam Preparation and Tutoring |
1 |
|
Exterminating and Pest Control Services |
4 |
| Family Clothing Stores |
2 |
| Farm Supplies Merchant Wholesalers |
2 |
| Fine Arts Schools |
4 |
| Finish Carpentry Contractors |
3 |
| Fitness and Recreational Sports Centers |
6 |
| Floor Covering Stores |
5 |
| Flooring Contractors |
3 |
|
Florists |
2 |
| Food (Health) Supplement Stores |
2 |
| Food Service Contractors |
1 |
| Framing Contractors |
5 |
| Freight Transportation Arrangement |
1 |
| Full-Service Restaurants |
34 |
| Funeral Homes and Funeral Services |
2 |
| Furniture Merchant Wholesalers |
1 |
|
Furniture Stores |
2 |
| General Automotive Repair |
16 |
| General Freight Trucking, Local |
1 |
| General Medical and Surgical Hospitals |
1 |
| General Rental Centers |
1 |
| Gift, Novelty, and Souvenir Stores |
5 |
| Glass and Glazing Contractors |
1 |
| Golf Courses and Country Clubs |
1 |
|
Graphic Design Services |
1 |
| Hardware Stores |
2 |
| Historical Sites |
1 |
| Home Centers |
1 |
| Home Furnishing Merchant Wholesalers |
2 |
| Home Health Care Services |
1 |
| Home Health Equipment Rental |
1 |
| Homes for the Elderly |
4 |
|
Household Appliance Stores |
1 |
| Industrial Mold Manufacturing |
1 |
| Insurance Agencies and Brokerages |
30 |
| Interior Design Services |
3 |
| Investment Advice |
1 |
| Iron and Steel Mills |
1 |
| Janitorial Services |
14 |
| Jewelry Stores |
4 |
|
Land Subdivision |
3 |
| Landscaping Services |
16 |
| Lessors of Other Real Estate Property |
1 |
| Limited-Service Restaurants |
28 |
| Local Messengers and Local Delivery |
1 |
| Machine Shops |
6 |
| Mail-Order Houses |
1 |
| Marinas |
3 |
|
Marketing Consulting Services |
5 |
| Masonry Contractors |
3 |
| Media Representatives |
1 |
| Mobile Food Services |
1 |
| Mortgage and Nonmortgage Loan Brokers |
2 |
| Motion Picture and Video Production |
3 |
| Motor Vehicle Towing |
2 |
| Motorcycle Dealers |
1 |
|
Music Publishers |
1 |
| Musical Groups and Artists |
11 |
| Musical Instrument Manufacturing |
2 |
| Nail Salons |
2 |
| New Car Dealers |
2 |
| New Housing Operative Builders |
5 |
| Nursing Care Facilities |
1 |
| Office Administrative Services |
6 |
|
Office Supplies and Stationery Stores |
1 |
| Offices of Certified Public Accountants |
11 |
| Offices of Chiropractors |
5 |
| Offices of Dentists |
24 |
| Offices of Lawyers |
18 |
| Offices of Optometrists |
2 |
| Offices of Podiatrists |
1 |
| Offices of Real Estate Appraisers |
5 |
|
Outdoor Power Equipment Stores |
2 |
| Packing and Crating |
1 |
| Paint and Wallpaper Stores |
2 |
| Painting and Wall Covering Contractors |
6 |
| Parking Lots and Garages |
1 |
| Payroll Services |
1 |
| Periodical Publishers |
2 |
| Pet and Pet Supplies Stores |
2 |
|
Pharmacies and Drug Stores |
8 |
| Photography Studios, Portrait |
2 |
| Plastics Plumbing Fixture Manufacturing |
1 |
| Portfolio Management |
1 |
| Precision Turned Product Manufacturing |
2 |
| Private Mail Centers |
2 |
| Professional Employer Organizations |
1 |
| Professional Organizations |
2 |
|
Quick Printing |
2 |
| Ready-Mix Concrete Manufacturing |
1 |
| Real Estate Credit |
10 |
| Real Estate Investment Trusts |
2 |
| Record Production |
1 |
| Remediation Services |
3 |
| Residential Property Managers |
6 |
| Residential Remodelers |
4 |
|
Retail Bakeries |
2 |
| Roofing Contractors |
4 |
| Sales Financing |
1 |
| Securities Brokerage |
4 |
| Security Guards and Patrol Services |
1 |
| Shoe Stores |
3 |
| Siding Contractors |
2 |
| Sign Manufacturing |
3 |
|
Site Preparation Contractors |
3 |
| Snack and Nonalcoholic Beverage Bars |
5 |
| Solid Waste Collection |
2 |
| Sound Recording Studios |
2 |
| Sporting Goods Stores |
5 |
| Sports and Recreation Instruction |
3 |
| Tax Preparation Services |
4 |
| Television Broadcasting |
3 |
|
Temporary Help Services |
1 |
| Temporary Shelters |
1 |
| Theater Companies and Dinner Theaters |
1 |
| Tile and Terrazzo Contractors |
1 |
| Tire and Tube Merchant Wholesalers |
1 |
| Tire Dealers |
4 |
| Title Abstract and Settlement Offices |
4 |
| Tobacco Stores |
2 |
|
Tour Operators |
1 |
| Travel Agencies |
3 |
| Used Car Dealers |
7 |
| Used Household and Office Goods Moving |
2 |
| Used Merchandise Stores |
3 |
| Vending Machine Operators |
1 |
| Veterinary Services |
6 |
| Video Tape and Disc Rental |
5 |
|
Wholesale Trade Agents and Brokers |
9 |
| Window Treatment Stores |
2 |
| Wired Telecommunications Carriers |
2 |
| Women's Clothing Stores |
2 |
Company Formation in Hendersonville, Tennessee
A critical step is ensuring that your business is formed as a legal entity that is separate from its owners. Doing so will insulate you from personal liability for business debts and obligations.
When forming a company, you will pick from many company types, such as a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporation is a very common way to legally create a business entity. Of course, you have to decide which type of corporation to form and where to incorporate. Just because you are starting a business in Tennessee, it doesn't mean you are required to incorporate in Tennessee. In fact, you can incorporate in the state of your choosing. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.
There's a lot to know about forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as LLC Advantages. You may also want to seek the advice of an lawyer. On a final note, since you will be starting a business in Hendersonville, Tennessee, our web page covering Incorporating in Tennessee may be a useful resource if you decide to incorporate in Tennessee.
Don't Skip the Business Plan
Having a business plan is essential in maximizing the prospects of your new company. Simply put, a business plan describes what you plan to do with the business and how you plan to do it. Not having a business plan makes you more prone to becoming a business failure statistic.
To learn more about business plans, read Business Plan Software. You can also get free counseling sessions provided by your local SCORE chapter in Tennessee.
Where to Get Money to Start a Company
Obtaining startup financing for your Hendersonville business is a difficult chore. In fact, financing your new business may be the hardest challenge you ever face.
The good news is this site contains dozens of articles on raising money, including one we recommend entitled Realistic Debt Financing Options.
For Hendersonville entrepreneurs who need startup capital, browse our List of Tennessee Angel Investors and our List of Tennessee Venture Capital Firms.
How to Sell
Being able to sell is critical to your business success. Whether you are focused on selling local customers in Hendersonville or are selling to customers throughout Tennessee, 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.
Selling Products on eBay offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.
Now It's Up To You
You have a dream -- starting a business in Hendersonville. To achieve your dream, you have to persevere, even when the odds are against you.
From this point on, you control your own destiny.
This site is all about helping entrepreneurs in Hendersonville and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Hendersonville, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Hendersonville, Tennessee
Here are more links that we believe will help you be successful in starting a business in Hendersonville.
- Resources for Hendersonville, Tennessee Entrepreneurs - Browse a variety of resources we've collected to assist Hendersonville entrepreneurs.
- Tennessee Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Tennessee.
- Tennessee Small Business Development Center - If you are a small business owner, entrepreneur or you are thinking about starting a new business, the Tennessee Small Business Development Center (TSBDC) is ready to help you every step of the way!
- Hendersonville, Tennessee Newspaper Ad Rates - This is a nearly comprehensive list of advertising rates for Hendersonville, Tennessee newspapers, including ad costs for newspapers serving the Hendersonville area.
- Hendersonville, Tennessee Payroll Services - This list includes Hendersonville, Tennessee payroll services, national payroll services for Hendersonville, and helpful information on choosing a Hendersonville payroll service.
- Hendersonville, Tennessee Businesses for Sale - This list includes resources for buying a business in Hendersonville, Tennessee, such as business brokers in Hendersonville and other helpful information on how to buy a Hendersonville business.
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