Georgia Business Startup Guides
Starting a Business in Lagrange, Georgia
Thinking about starting a business in Lagrange, Georgia? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Lagrange.
Is Becoming a Business Owner Right for You?
Before you get too far along in the process, consider your entrepreneurial instincts and capabilities.
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 Lagrange. Get their take on what it's really like to be an entrepreneur.
- We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
- Get feedback from somebody whom you trust. That's the best way to get a truly objective assessment as to whether others think you have what it takes.
Lagrange, Georgia Demographic Information
Lagrange has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Lagrange demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Lagrange.
Businesses
As a new Lagrange entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Lagrange 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
Should You Franchise?
As you drive around Lagrange, you'll notice that many local entrepreneurs have gone the franchising route. But is franchising the right option for you?
We advise the entrepreneurs we work with to look into purchasing a franchise. This site has dozens of articles on franchising, such as Franchising Pros and Cons. 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 Paciugo Italian Gelato and Bark Busters. Alternatively, you can browse franchise categories, such as Employment and Staffing Franchises and Auto Repair Franchises.
Note on Lagrange Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Lagrange.
Choosing 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.
Pick a company name that isn't too generic. If you do a search engine search for your proposed name and a billion results come up, you may want to reconsider the name. It's much easier to come up in the search engines when your name is fairly unique.
For other considerations regarding naming a company, we recommend this article: Naming a Company.
There's one other important factor when naming a business. Since you are opening a business in Lagrange, it's very important that you make sure no other Georgia company is using the business name you want to use.
Getting Money to Start a Business
Getting your Lagrange business the capital it needs to succeed requires strong organization skills and perseverance. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.
Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled 504 Loans.
For Lagrange entrepreneurs on the hunt for startup funding, check out our List of Georgia Angel Investors and our List of Georgia Venture Capital Firms.
The Art of Selling
Being able to sell is critical to your business success. Whether you are focused on selling local customers in Lagrange or are selling to customers throughout Georgia, the United States or even the world, you have to be able to sell.
The key to selling is to set sales goals goals and monitor your progress towards those goals. Fortunately, we've got plenty of good advice to help you improve your selling skills.
Anticipating Prospect Responses is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.
Moving Forward
You have a dream -- starting a business in Lagrange. To achieve your dream, you have to persevere, even when the odds are against you.
From this point on, you control your own destiny.
We are here to help Lagrange businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Lagrange, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Lagrange, Georgia
Here are more links that we believe will help you be successful in starting a business in Lagrange.
- Resources for Lagrange, Georgia Entrepreneurs - Browse a variety of resources we've collected to assist Lagrange entrepreneurs.
- Georgia Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Georgia.
- Georgia Small Business Development Center - The Georgia SBDC program helps Georgia entrepreneurs with developing business plans, providing financial analysis, identifying sources of capital, and assessing marketing strategies.
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