Nebraska Business Startup Guides

Start a Business in Madison, Nebraska

Are you starting a business in Madison, Nebraska? This article discusses the most important things to consider when opening a business in Madison.

Are You Sure You Want to Do This?

Being an entrepreneur is difficult, much harder than working as an employee. Are you certain you have the stamina and skills to succeed on your own?

To determine whether you have what it takes to run a business, we recommend these three steps to help you decide:

  • Reach out to other entrepreneurs in Madison. Ask them candidly what it's like to run a business.
  • Peruse Characteristics of Successful Entrepreneurs. This is one of our more popular articles for folks who want to go into business for themselves.
  • Seek the advice of somebody who knows you well. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.

Madison, Nebraska Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
3410
5-9 Employees
660
10-19 Employees
660
20-49 Employees
396
50-99 Employees
132
100-249 Employees
0
250-499 Employees
0
500-999 Employees
0
1000+ Employees
66
All Madison Businesses
5324

As a new Madison entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Madison 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
Beauty Salons
3
Business Associations
1
Cafeterias
1
Child and Youth Services
1
Civic and Social Organizations
1
Community Food Services
1
Drinking Places (Alcoholic Beverages)
3
Elementary and Secondary Schools
2
Florists
1
Food Service Contractors
1
Full-Service Restaurants
1
General Automotive Repair
1
General Freight Trucking, Local
1
Golf Courses and Country Clubs
1
Insurance Agencies and Brokerages
3
Investment Advice
1
Limited-Service Restaurants
1
New Car Dealers
2
Offices of Chiropractors
1
Offices of Dentists
1
Offices of Lawyers
1
Savings Institutions
1
Solid Waste Collection
1
Title Abstract and Settlement Offices
1
Veterinary Services
1
Video Tape and Disc Rental
1
Wood Container and Pallet Manufacturing
1

Have You Considered Franchising?

Visit the business district of Madison and it's apparent that franchising has become a very popular way to start a business. Is franchising maybe a better way for you to start your business?

Our recommendation is that you look into purchasing a franchise. To help you learn more about franchising, we've gathered a ton of articles on franchising, including Credit and Franchise Purchasing. Become a franchising expert of sorts by reading more of our Articles on Franchising.

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

Sample franchise opportunities include The Blind Guy, Inc. and McGruff Safe Kids Total Identification System. Alternatively, you can browse franchise categories, such as Ice Cream Franchises and Pest Control Franchises.

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

Have You Considered Buying an Existing Madison Business?

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

If you are serious about buying a business, you may want to read this article: Buying a Business.

Raising Money for Your New Venture

Obtaining startup financing for your Madison business is not an easy task. In fact, financing your new business may be the hardest challenge you ever face.

To learn about raising money, we recommend you read the fundraising articles on our site, such as Choosing VC Firms.

For Madison entrepreneurs who need startup capital, check out our List of Nebraska Angel Investors and our List of Nebraska Venture Capital Firms.

Promoting Your New Startup

To grow your Madison business, having an excellent marketing plan is fundamental to your beating the competition.

You can learn quite a bit about marketing on our site. Advertising on the Web 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.

Bring in Revenues

Do you know how to sell? In order to attract customers to your new Madison 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.

Sales Prospecting is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.

Next Steps

As an entrepreneur in Madison, 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 Madison businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Madison, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Madison, Nebraska

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

More Business Startup Guides for Nebraska

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Starting a Business in McCook

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Starting a Business Guides for Other States

 

 

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Additional Resources for Entrepreneurs

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Franchise Opportunities

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