August 23, 2019  
 
  Entrepreneurial Resources - Advice for Iowa Entrepreneurs  
  Hudson, Iowa Resources for Entrepreneurs  
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Opening a Business in Hudson, Iowa

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

Are You Ready for Entrepreneurship?

An entrepreneurial life is difficult, much harder than working as an employee. Are you sure you are ready to take on this challenge?

Here are three things we recommend you do before you fully commit to starting a new business of your own.

  • Speak with other entrepreneurs in Hudson. Listen closely to their experiences and see if you think you too can be successful.
  • You should read The Entrepreneurial Personality. It's a good read for those who are thinking about becoming an entrepreneur.
  • Reach out to a trusted acquaintance. Ask them directly: Do I have what it takes to be an entrepreneur? Listen carefully to their answer, as they presumably know your strengths and weaknesses.

What Business Are You Starting?

There are many businesses that you can start. How do you know which type of business is right for you? You might get some good ideas about what kind of business to start by reading How to Evaluate a Business Idea.

If you still are not sure what type of business to start, peruse the Good Businesses to Start section of our site. For example, you might be interested in our Opening a Machine Shafting Business guide or our How to Start a Massage School guide.

Remember that you are starting a business in Hudson. Some businesses will do better in Hudson than others. Make sure you fully understand Hudson demographics before you lock in on your business idea.

Hudson, Iowa Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 1728
5-9 Employees 768
10-19 Employees 336
20-49 Employees 240
50-99 Employees 96
100-249 Employees 0
250-499 Employees 0
500-999 Employees 0
1000+ Employees 0
All Hudson Businesses 3168

As a new Hudson entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Hudson 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 1
Beauty Salons 1
Beer, Wine, and Liquor Stores 1
Child Day Care Services 1
Civic and Social Organizations 1
Commercial Lithographic Printing 1
Cut Stock, Resawing Lumber, and Planing 1
Drinking Places (Alcoholic Beverages) 1
Drywall and Insulation Contractors 1
Electrical Contractors 1
Finish Carpentry Contractors 1
Floor Covering Stores 1
Florists 1
General Automotive Repair 1
Insurance Agencies and Brokerages 2
Landscaping Services 2
Machine Shops 1
Motor Vehicle Towing 1
New Car Dealers 1
Newspaper Publishers 1
Offices of Chiropractors 2
Offices of Dentists 1
Offices of Lawyers 1
Pet Care (except Veterinary) Services 1
Petroleum Bulk Stations and Terminals 1
Plate Work Manufacturing 1
Professional Organizations 1
Residential Remodelers 1
Savings Institutions 1
Securities Brokerage 1
Solid Waste Collection 1
Tax Preparation Services 1
Travel Trailer and Camper Manufacturing 1
Veterinary Services 2

What About Buying an Existing Hudson Business?

If you have some capital to play with, you may want to Buy a Business in Iowa. Follow that link and you may find several good businesses for sale in Hudson.

If you are intent on buying a business, you may want to read this article: Buying a Business.

Company Formation in Hudson, Iowa

It's very important that you are forming a legal entity that operates independently from you. Doing so will shield you from personal liability for business debts and obligations.

The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.

Incorporating is a very popular way to form a business. A key decision is whether to form and S-Corp or a C-Corp, and you also must decide in which state you will incorporate. Just because you are starting a business in Iowa, it doesn't mean you are required to incorporate in Iowa. As it turns out, you can incorporate in any state you would like to. 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. To learn the basics of company formation, browse articles on our site, such as Incorporating Online. You may also want to seek the advice of an lawyer. Finally, if you are starting a business in Hudson, Iowa, our information on Incorporating in Iowa may be a useful resource if you decide to incorporate in Iowa.

The Art of Selling

Do you know how to sell? In order to attract customers to your new Hudson business, you need to focus on sales.

The key to selling is to set sales goals goals and monitor your progress towards those goals. Let us help you refine your selling techniques through our many useful sales advice tips.

Writing Great Proposals is worth reading, as it may give you some good ideas on how to sell your products or services. We have many more good articles on selling that you may enjoy reading.

Never Give Up

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

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

This site is all about helping entrepreneurs in Hudson and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Hudson, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Hudson, Iowa

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

  • Resources for Hudson, Iowa Entrepreneurs - Browse a variety of resources we've collected to assist Hudson 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