Contemplating starting a business in Indianola, Mississippi? We walk you through the process of opening a business in Indianola.
Choosing the Right Company to Start
An important decision is what kind of business you want to start. 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 a Baling Equipment & Supplies Wholesale & Manufacturers Business guide or our Opening a Hotel & Motel Consultants Business guide.
Don't forget that you are starting a business in Indianola. Some businesses will do better in Indianola than others. A critical consideration is whether Indianola demographics mesh well with your startup concept.
Indianola, Mississippi Demographic Information
Indianola has an active business community that includes small businesses,
mid-sized businesses and large businesses.
To give you a better feel for Indianola demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Indianola.
| Business Size | # of Businesses |
| 1-4 Employees |
2322 |
| 5-9 Employees |
1116 |
| 10-19 Employees |
648 |
| 20-49 Employees |
360 |
| 50-99 Employees |
54 |
| 100-249 Employees |
126 |
| 250-499 Employees |
0 |
| 500-999 Employees |
36 |
| 1000+ Employees |
0 |
| All Indianola Businesses |
4662 |
As a new Indianola entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Indianola 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 |
4 |
|
Beauty Salons |
2 |
| Beer, Wine, and Liquor Stores |
1 |
| Business Associations |
3 |
| Cafeterias |
1 |
| Carpet and Upholstery Cleaning Services |
1 |
| Caterers |
1 |
| Child Day Care Services |
12 |
| Children's and Infants' Clothing Stores |
1 |
|
Civic and Social Organizations |
1 |
| Coin-Operated Laundries and Drycleaners |
1 |
| Commercial Lithographic Printing |
1 |
| Confectionery Merchant Wholesalers |
1 |
| Consumer Lending |
1 |
| Convenience Stores |
1 |
| Cotton Ginning |
2 |
| Credit Unions |
2 |
|
Discount Department Stores |
1 |
| Electric Power Distribution |
3 |
| Electrical Contractors |
2 |
| Elementary and Secondary Schools |
1 |
| Engineering Services |
1 |
| Exam Preparation and Tutoring |
2 |
| Family Clothing Stores |
2 |
| Farm Product Warehousing and Storage |
1 |
|
Farm Supplies Merchant Wholesalers |
1 |
| Finish Carpentry Contractors |
1 |
| Fitness and Recreational Sports Centers |
1 |
| Florists |
1 |
| Food Service Contractors |
1 |
| Fresh and Frozen Seafood Processing |
2 |
| Full-Service Restaurants |
4 |
| Funeral Homes and Funeral Services |
4 |
|
Furniture Stores |
2 |
| General Automotive Repair |
3 |
| General Freight Trucking, Local |
2 |
| General Medical and Surgical Hospitals |
1 |
| General Warehousing and Storage |
1 |
| Gift, Novelty, and Souvenir Stores |
1 |
| Golf Courses and Country Clubs |
1 |
| Hardware Stores |
1 |
|
Hobby, Toy, and Game Stores |
1 |
| Home Centers |
1 |
| Homes for the Elderly |
1 |
| Industrial Building Construction |
1 |
| Insurance Agencies and Brokerages |
6 |
| Interior Design Services |
1 |
| Janitorial Services |
1 |
| Jewelry Stores |
1 |
|
Kidney Dialysis Centers |
1 |
| Landscaping Services |
2 |
| Limited-Service Restaurants |
11 |
| Mail-Order Houses |
2 |
| Natural Gas Distribution |
1 |
| New Car Dealers |
1 |
| Newspaper Publishers |
1 |
| Nursing Care Facilities |
1 |
|
Offices of Certified Public Accountants |
4 |
| Offices of Dentists |
4 |
| Offices of Lawyers |
5 |
| Offices of Optometrists |
2 |
| Paint and Wallpaper Stores |
1 |
| Painting and Wall Covering Contractors |
1 |
| Petroleum Bulk Stations and Terminals |
1 |
| Pharmacies and Drug Stores |
4 |
|
Photography Studios, Portrait |
2 |
| Radio Stations |
1 |
| Ready-Mix Concrete Manufacturing |
1 |
| Residential Remodelers |
1 |
| Shoe Stores |
1 |
| Sporting Goods Stores |
2 |
| Tire Dealers |
1 |
| Used Car Dealers |
1 |
|
Used Merchandise Stores |
1 |
| Veterinary Services |
3 |
| Video Tape and Disc Rental |
2 |
| Wholesale Trade Agents and Brokers |
1 |
| Wired Telecommunications Carriers |
2 |
| Women's Clothing Stores |
2 |
Is a Franchise Opportunity Right For You?
Examine a list of Indianola businesses and it becomes clear that purchasing a franchise is a common way to get started as an entrepreneur. But is franchising the right option for you?
Most business experts recommend that you investigate buying a franchise. To help you learn more about franchising, we've gathered a ton of articles on franchising, including Buying an Existing Franchise. Get a thorough education on franchising by browsing all of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Representative franchise opportunities include Paul Revere's Pizza and Williams Fried Chicken. Alternatively, you can browse franchise categories, such as Franchises that Serve Liquor and Hair Styling Franchises.
Note on Indianola Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Indianola.
Picking a Company Name
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.
Even if the name doesn't do it by itself, many naming experts believe there should be a story behind the name that ties into your company mission.
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Branding Advice.
There's one other important factor when naming a business. Since you are starting a business in Indianola, it's imperative that you check now that no other Mississippi company is using the business name you want to use.
Where to Get Money to Start a Company
Getting your Indianola business the capital it needs to succeed is not an easy task. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.
To learn about raising money, we recommend you read the fundraising articles on our site, such as Investor Turnoffs.
For Indianola entrepreneurs on the hunt for startup funding, check out our List of Mississippi Angel Investors and our List of Mississippi Venture Capital Firms.
Marketing Your New Company
To rise above the crowd in Indianola and accelerate your business, you need a excellent marketing plan.
There are myriad resources on this site to help you with your marketing plan. Responsible Marketing 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.
Improving Your Entrepreneurial Skillset
Good entrepreneurs recognize that they don't know everything.
As an entrepreneur who lives in Indianola, Mississippi, you will want to take advantage of the many programs available at nearby Mississippi universities, colleges and community colleges. It's also smart to see if there are any networking groups or organizations in which Indianola entrepreneurs get together to network and trade their business experiences.
Moving Forward
Most new Indianola businesses underestimate the number of challenges they will face.
From this point on, you control your own destiny.
We are here to help Indianola businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Indianola, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Indianola, Mississippi
Here are more links that we believe will help you be successful in starting a business in Indianola.
- Resources for Indianola, Mississippi Entrepreneurs - Browse a variety of resources we've collected to assist Indianola entrepreneurs.
- Mississippi Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Mississippi.
- Mississippi Small Business Development Center - The Mississippi Small Business Development Centers (MSBDC) is dedicated to helping build and grow businesses in Mississippi. For new entrepreneurs, this is an excellent resource.
- Indianola, Mississippi Newspaper Ad Rates - This is a nearly comprehensive list of advertising rates for Indianola, Mississippi newspapers, including ad costs for newspapers serving the Indianola area.
- Indianola, Mississippi Radio Advertising Prices - To help you in your marketing efforts, we've gathered radio advertising rates for Indianola, Mississippi area radio stations.
- Indianola, Mississippi Payroll Services - This list includes Indianola, Mississippi payroll services, national payroll services for Indianola, and helpful information on choosing a Indianola payroll service.
- Indianola, Mississippi Businesses for Sale - This list includes resources for buying a business in Indianola, Mississippi, such as business brokers in Indianola and other helpful information on how to buy a Indianola business.
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