Colorado Business Startup Guides
Starting a Business in Leadville, Colorado
Thinking about starting a business in Leadville, Colorado? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Leadville.
Which Business to Choose?
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 Business Ideas That Don't Make Sense.
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 How to Start a Snowboard Sales & Rental Business guide or our Opening a Sun Tanning Products Wholesale & Manufacturers Business guide.
Remember that starting a business in Leadville has some implications. Some businesses will do better in Leadville than others. Make sure you fully understand Leadville demographics before you lock in on your business idea.
Leadville, Colorado Demographic Information
Leadville has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Leadville demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Leadville.
Businesses
As a new Leadville entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Leadville 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
Is Franchising a Better Option?
As you drive around Leadville, it's apparent that franchising has become a very popular way to start a business. Is it perhaps smarter to franchise a business instead of doing it from scratch.
Our recommendation is that you investigate buying a franchise. To help you learn more about franchising, we've gathered a ton of articles on franchising, including 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.
Sample franchise opportunities include The Gardener and Green Life Interiors. Alternatively, you can browse franchise categories, such as Cartridge Recycling Franchises and Child Entertainment Franchises.
Note on Leadville Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Leadville.
Forming a Company in Leadville, Colorado
It's very important that you choose the right legal structure for your new entity. Doing so will shield you from personal liability for business debts and obligations.
When forming a company, you will pick from many company types, such as 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. If you are starting a business in Colorado, you don't necessarily have to incorporate in Colorado. In fact, you are allowed to incorporate in the state of your choosing. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.
There are many nuances to forming a company. To learn the basics of company formation, browse articles on our site, such as Incorporation Advice. You may also want to seek the advice of an attorney. On a final note, since you will be starting a business in Leadville, Colorado, our web page covering Incorporating in Colorado may be a useful resource if you decide to incorporate in Colorado.
Getting the Word Out About Your New Business
Whether your goal is to attract Leadville customers or you plan on selling elsewhere, you need a great marketing plan.
You can learn quite a bit about marketing on our site. Sponsoring Local Events is an article that will generate a few thoughts on your marketing plan. That's just a sampling of the many useful articles we have on Marketing a Small Business.
The Art of Selling
Do you know how to sell? In order to attract customers to your new Leadville business, you need to focus on sales.
Clever sales techniques can transform any business from good to great. 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.
Next Steps
As an entrepreneur in Leadville, you won't be working for the boss anymore. You are the boss.
Owning your own business will be a daunting task, but you can do it.
We are here to help Leadville 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 Leadville, Colorado
Here are more links that we believe will help you be successful in starting a business in Leadville.
- Resources for Leadville, Colorado Entrepreneurs - Browse a variety of resources we've collected to assist Leadville entrepreneurs.
- Colorado Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Colorado.
- Colorado Small Business Development Center - The Colorado Small Business Development Center (SBDC) Network is dedicated to helping small businesses throughout Colorado achieve their goals by providing free confidential counseling and various training programs.
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