Indiana Business Startup Guides

Open a Business in Kentland, Indiana

Need help starting a business in Kentland, Indiana? We've got the information you need to open a business in Kentland.

Is Becoming an Entrepreneur Right for You?

An entrepreneurial life is hard work, much harder than working as an employee. Are you certain 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 Kentland. Get their take on what it's really like to be 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. That's the best way to get a truly objective assessment as to whether others think you have what it takes.

Kentland, Indiana Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
126
5-9 Employees
66
10-19 Employees
42
20-49 Employees
18
50-99 Employees
6
100-249 Employees
3
250-499 Employees
6
500-999 Employees
0
1000+ Employees
0
All Kentland Businesses
267

As a new Kentland entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Kentland 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
Beer, Wine, and Liquor Stores
1
Book Publishers
1
Car Washes
1
Drinking Places (Alcoholic Beverages)
3
Electric Power Distribution
2
Electrical Contractors
1
Farm Supplies Merchant Wholesalers
1
Fitness and Recreational Sports Centers
1
Florists
1
Full-Service Restaurants
4
Furniture Stores
1
General Freight Trucking, Local
1
Glass and Glazing Contractors
1
Limited-Service Restaurants
3
New Car Dealers
1
Offices of Dentists
2
Offices of Lawyers
6
Offices of Optometrists
1
Painting and Wall Covering Contractors
1
Pharmacies and Drug Stores
1
Residential Remodelers
1
Savings Institutions
1
Siding Contractors
1
Tax Preparation Services
1
Used Car Dealers
1
Used Merchandise Stores
1
Veterinary Services
1
Wholesale Trade Agents and Brokers
1

Is Franchising a Better Option?

Browse the Yellow Pages for Kentland and you'll see that franchises make up a large percentage of local businesses. But is franchising the right option for you?

We advise the entrepreneurs we work with to consider franchising as an option. We have many articles on franchises, such as Franchisees Versus Licensees. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.

To learn about specific franchise opportunities, check out our Franchise Directory.

Sample franchise opportunities include Benetrends 401K IRA Rollover Plans and Air Traffic - Games of Skill. Alternatively, you can browse franchise categories, such as Golf Franchises and Landscaping Franchises.

Note on Kentland Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Kentland.

Have You Considered Buying an Existing Kentland Business?

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

Before buying a business, be sure to read this article: Hold Harmless Agreements When Buying Businesses.

Choosing a Company Name

Making the right decision when choosing a company name is very important. There are many decisions you'll make now that you can change later, but changing a company name years down the road is not very easy. So, choose a good company name at the outset.

Company names should be fun to say, and they should help people to understand what you do and how you differentiate yourself in the market.

Numerous company naming issues are discussed in more detail in this article: Naming a Company.

On a final note, given that you are planning on starting a business in Kentland, it's critical that you ensure that no Indiana company has already registered the company name you have selected.

Don't Skip the Business Plan

Writing a business plan is vital 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 will greatly reduce your chances of business success.

To learn more about business plans, read Business Plan Software. You should also take advantage of free counseling sessions provided by your local SCORE chapter in Indiana.

Selling Tips

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

So what does it take to bring in more prospects and close more business? Let us help you refine your selling techniques through our many useful sales advice tips.

Closing Sales offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.

Moving Forward

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

From this point on, you control your own destiny.

This site is all about helping entrepreneurs in Kentland and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Kentland 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 Kentland, Indiana

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

Starting-a-Business Guides for Other Cities in Indiana

Starting a Business in Kendallville
Starting a Business in Kewanna

Browse All Business Startup Guides for Indiana
Starting a Business Guides for Other States

 

 

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary