Are you starting a business in Lincolnton, North Carolina? This article discusses the most important things to consider when opening a business in Lincolnton.
Do You Have Entrepreneurial Drive and Passion?
Before you get too far along in the process, assess your entrepreneurial instincts and capabilities.
Here are three things we recommend you do before you fully commit to starting a new business of your own.
- Grab a meal or cofee with other entrepreneurs in Lincolnton. Get their candid feedback on what it takes to start a successful business.
- Take a look at Starting a Company. It's a short article but it's a good reality check for those are about to jump into the world of entrepreneurship.
- Talk it over with a close friend or partner. A support network of family and friends can be a great sounding board for good advice before you decide for sure to go into business.
Lincolnton, North Carolina Demographic Information
Lincolnton has an active business community that includes small businesses,
mid-sized businesses and large businesses.
To give you a better feel for Lincolnton demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Lincolnton.
| Business Size | # of
Businesses |
| 1-4 Employees |
2704 |
| 5-9 Employees |
972 |
| 10-19 Employees |
480 |
| 20-49 Employees |
348 |
| 50-99 Employees |
156 |
| 100-249 Employees |
60 |
| 250-499 Employees |
48 |
| 500-999 Employees |
12 |
| 1000+ Employees |
0 |
| All Lincolnton Businesses |
4780 |
As a new Lincolnton entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Lincolnton 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 |
| Appliance Repair and Maintenance |
1 |
| Automotive Exhaust System Repair |
1 |
| Automotive Glass Replacement Shops |
1 |
| Automotive Parts and Accessories Stores |
7 |
| Ball and Roller Bearing Manufacturing |
1 |
| Barber Shops |
3 |
| Beauty Salons |
11 |
| Beer, Wine, and Liquor Stores |
1 |
| Book Stores |
1 |
| Broadwoven Fabric Finishing Mills |
1 |
| Business Associations |
2 |
| Cable and Other Program Distribution |
1 |
| Cafeterias |
1 |
| Car Washes |
3 |
| Caterers |
1 |
| Cemeteries and Crematories |
1 |
| Charter Bus Industry |
1 |
| Child and Youth Services |
2 |
| Child Day Care Services |
10 |
| Civic and Social Organizations |
6 |
| Coin-Operated Laundries and Drycleaners |
1 |
| Computer and Software Stores |
3 |
| Computer Systems Design Services |
1 |
| Consumer Lending |
2 |
| Convenience Stores |
5 |
| Credit Bureaus |
1 |
| Credit Unions |
2 |
| Curtain and Drapery Mills |
1 |
| Custom Computer Programming Services |
1 |
| Dental Laboratories |
1 |
| Diagnostic Imaging Centers |
1 |
| Discount Department Stores |
1 |
| Drywall and Insulation Contractors |
4 |
| Electrical Contractors |
15 |
| Elementary and Secondary Schools |
3 |
| Emergency and Other Relief Services |
1 |
| Engineering Services |
2 |
| Exterminating and Pest Control Services |
1 |
| Family Clothing Stores |
1 |
| Fine Arts Schools |
2 |
| Finish Carpentry Contractors |
2 |
| Fitness and Recreational Sports Centers |
2 |
| Floor Covering Stores |
2 |
| Florists |
3 |
| Food (Health) Supplement Stores |
1 |
| Food Service Contractors |
3 |
| Freight Transportation Arrangement |
1 |
| Full-Service Restaurants |
28 |
| Funeral Homes and Funeral Services |
2 |
| Furniture Stores |
6 |
| General Automotive Repair |
8 |
| General Freight Trucking, Local |
5 |
| General Medical and Surgical Hospitals |
1 |
| Gift, Novelty, and Souvenir Stores |
4 |
| Golf Courses and Country Clubs |
1 |
| Grantmaking Foundations |
1 |
| Graphic Design Services |
2 |
| Greeting Card Publishers |
1 |
| Hand and Edge Tool Manufacturing |
1 |
| Hardware Merchant Wholesalers |
1 |
| Hardware Stores |
2 |
| Hobby, Toy, and Game Stores |
1 |
| Home Centers |
1 |
| Home Health Care Services |
1 |
| Home Health Equipment Rental |
2 |
| Homes for the Elderly |
2 |
| Household Appliance Stores |
3 |
| Industrial Launderers |
1 |
| Insurance Agencies and Brokerages |
14 |
| Interior Design Services |
1 |
| Investment Advice |
2 |
| Iron and Steel Mills |
1 |
| Janitorial Services |
4 |
| Jewelry Stores |
4 |
| Kidney Dialysis Centers |
1 |
| Land Subdivision |
1 |
| Landscape Architectural Services |
1 |
| Landscaping Services |
5 |
| Limited-Service Restaurants |
22 |
| Local Messengers and Local Delivery |
1 |
| Locksmiths |
1 |
| Logging |
1 |
| Machine Shops |
4 |
| Manifold Business Forms Printing |
1 |
| Manufactured (Mobile) Home Dealers |
2 |
| Masonry Contractors |
9 |
| Medical Laboratories |
1 |
| Motor Vehicle Towing |
1 |
| Museums |
1 |
| Musical Groups and Artists |
1 |
| Musical Instrument Manufacturing |
2 |
| Nail Salons |
1 |
| Natural Gas Distribution |
1 |
| New Car Dealers |
5 |
| New Housing Operative Builders |
1 |
| Newspaper Publishers |
1 |
| Nonwoven Fabric Mills |
2 |
| Nursing Care Facilities |
4 |
| Office Supplies and Stationery Stores |
2 |
| Offices of Certified Public Accountants |
7 |
| Offices of Chiropractors |
3 |
| Offices of Dentists |
12 |
| Offices of Lawyers |
7 |
| Offices of Optometrists |
3 |
| Offices of Real Estate Appraisers |
3 |
| Packaging and Labeling Services |
1 |
| Paint and Wallpaper Stores |
1 |
| Painting and Wall Covering Contractors |
2 |
| Passenger Car Rental |
1 |
| Payroll Services |
2 |
| Pet Care (except Veterinary) Services |
1 |
| Pharmacies and Drug Stores |
6 |
| Photography Studios, Portrait |
2 |
| Polystyrene Foam Product Manufacturing |
1 |
| Printing Ink Manufacturing |
1 |
| Private Mail Centers |
1 |
| Professional Organizations |
1 |
| Quick Printing |
1 |
| Radio Stations |
1 |
| Ready-Mix Concrete Manufacturing |
1 |
| Real Estate Credit |
1 |
| Remediation Services |
1 |
| Residential Property Managers |
3 |
| Residential Remodelers |
8 |
| Reupholstery and Furniture Repair |
4 |
| Roofing Contractors |
1 |
| Sales Financing |
1 |
| Savings Institutions |
2 |
| Securities Brokerage |
5 |
| Septic Tank and Related Services |
1 |
| Sheet Metal Work Manufacturing |
1 |
| Shoe Stores |
2 |
| Siding Contractors |
2 |
| Sign Manufacturing |
1 |
| Site Preparation Contractors |
5 |
| Snack and Nonalcoholic Beverage Bars |
2 |
| Sporting Goods Stores |
4 |
| Sports and Recreation Instruction |
1 |
| Support Activities for Forestry |
1 |
| Tax Preparation Services |
6 |
| Temporary Help Services |
3 |
| Testing Laboratories |
1 |
| Textile Machinery Manufacturing |
1 |
| Theater Companies and Dinner Theaters |
1 |
| Tire Dealers |
2 |
| Travel Agencies |
1 |
| Used Car Dealers |
9 |
| Used Merchandise Stores |
2 |
| Veterinary Services |
1 |
| Video Tape and Disc Rental |
5 |
| Vocational Rehabilitation Services |
3 |
| Wholesale Trade Agents and Brokers |
3 |
| Wired Telecommunications Carriers |
2 |
| Women's Clothing Stores |
4 |
| Wood Office Furniture Manufacturing |
1 |
| Yarn Spinning Mills |
3 |
Is Buying an Existing Lincolnton Business a Good Strategy?
If you have some capital to play with, you may want to Buy a Business in North Carolina. Follow that link and you can assess several good businesses for sale in Lincolnton.
If you are going to be buying a business, you may want to read this article: Hold Harmless Agreements When Buying Businesses.
Forming a Company in Lincolnton, North Carolina
It's essential that you form your business as a legal structure. Doing so will shield you from personal liability for business debts and obligations.
The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporating is a very popular way to form a business. Of course, you have to decide which type of corporation to form and where to incorporate. If you are starting a business in North Carolina, it doesn't mean you are required to incorporate in North Carolina. In fact, you can incorporate in any state you would like to. 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 Incorporating Online. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Lincolnton, North Carolina, our information on Incorporating in North Carolina may be a useful resource if you decide to incorporate in North Carolina.
Marketing Your New Startup
To rise above the crowd in Lincolnton and build your business, you need a solid marketing plan.
You can learn plenty about marketing on our site. Telemarketing Service Costs is a good read to get your marketing juices flowing. That's just a taste of the many useful articles we have on Marketing a Small Business.
Building Up Your Sales
Being able to sell is a key enabler to your business success. Whether you are focused on selling local customers in Lincolnton or are selling to customers throughout North Carolina, the United States or even the world, you have to be able to sell.
Not knowing how to sell can result in lost customers and minimal market share. Let us help you refine your selling techniques through our many useful sales advice tips.
Hiring Good Sales People is worth reading, as it may give you some good ideas on how to sell your products or services. We have many more good articles on selling that you may enjoy reading.
Now It's Up To You
You have a dream -- starting a business in Lincolnton. To achieve your dream, you have to persevere, even when the odds are against you.
If you choose the right business and love what you do, you will greatly increase your odds of success.
We are here to help Lincolnton 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 Lincolnton, North Carolina
Here are more links that we believe will help you be successful in starting a business in Lincolnton.
More Business Startup Guides for North Carolina
Starting a Business in Lillington
Starting a Business in Littleton
Browse All
Business Startup Guides for North Carolina
