Mississippi Business Startup Guides
Opening a Business in Laurel, Mississippi
Contemplating starting a business in Laurel, Mississippi? We walk you through the process of opening a business in Laurel.
Will You Be a Successful Entrepreneur?
An entrepreneurial life is hard work, much more arduous than working as an employee. Are you sure you have the stamina and skills to succeed on your own?
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 Laurel. They are usually very willing to share their insights on the ups and downs of being an entrepreneur.
- 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. Others sometimes know you better than you know yourself.
Laurel, Mississippi Demographic Information
Laurel has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Laurel demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Laurel.
Businesses
As a new Laurel entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Laurel 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
Picking 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 need to be easy to spell, easy to pronounce, and easy to remember.
Numerous company naming issues are discussed in more detail in this article: Naming a Company.
There's one other important factor when naming a business. Since you are opening a business in Laurel, it's critical that you ensure that no other Mississippi company is using the business name you want to use.
Marketing Your New Company
Whether your goal is to attract Laurel customers or you plan on selling elsewhere, you'll need to have a good marketing plan.
There are myriad resources on this site to help you with your marketing plan. Exhibiting at Tradeshows is an article that will stimulate a few thoughts on your marketing plan. That's just a taste of the many useful articles we have on Marketing a Small Business.
Bring in Revenues
Do you know how to sell? In order to attract customers to your new Laurel business, you need to focus on sales.
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.
Sales Forecasting offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.
Learning More About Entrepreneurship
The best entrepreneurs recognize that what they know now may not be enough to ensure their future success.
Given that you are starting a business in Laurel, Mississippi, you will want to take advantage of the many programs available at nearby Mississippi universities, colleges and community colleges. It's also worthwhile to see if there are any networking organizations for Laurel entrepreneurs.
What's Next?
As an entrepreneur in Laurel, you won't be working for the boss anymore. You are the boss.
From this point on, you control your own destiny.
We are here to help Laurel businesses to be successful. We have a wealth of experience in business start-ups, financing, marketing, sales and more...and we've made all of our knowledge available to you.
More Entrepreneurial Resources for Starting a Business in Laurel, Mississippi
Here are more links that we believe will help you be successful in starting a business in Laurel.
- Resources for Laurel, Mississippi Entrepreneurs - Browse a variety of resources we've collected to assist Laurel 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.
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