August 22, 2019  
 
  Entrepreneurial Resources - Advice for Iowa Entrepreneurs  
  Marshalltown, Iowa Resources for Entrepreneurs  
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Open a Business in Marshalltown, Iowa

Need help starting a business in Marshalltown, Iowa? We've got the information you need to open a business in Marshalltown.

What Type of Business Should You Start?

There are many businesses that you can start. How do you know which type of business is right for you? You might get some good ideas about what kind of business to start by reading Evaluating Your Idea.

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 an Inspection & Testing Engineers Business guide or our Starting a Production Control Equipment & Systems Business guide.

Remember that your new startup will be located in Marshalltown. Some businesses will do better in Marshalltown than others. Study Marshalltown demographics and do a competitive analysis as part of your startup planning process.

Marshalltown, Iowa Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 1083
5-9 Employees 585
10-19 Employees 336
20-49 Employees 201
50-99 Employees 54
100-249 Employees 48
250-499 Employees 6
500-999 Employees 3
1000+ Employees 9
All Marshalltown Businesses 2325

As a new Marshalltown entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Marshalltown 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
Aluminum Die-Casting Foundries 1
Animal (except Poultry) Slaughtering 1
Architectural Services 2
Art Dealers 1
Automotive Exhaust System Repair 1
Automotive Glass Replacement Shops 1
Automotive Parts and Accessories Stores 4
Automotive Transmission Repair 1
Beauty Salons 10
Beer and Ale Merchant Wholesalers 1
Book Stores 2
Bowling Centers 1
Broadwoven Fabric Finishing Mills 1
Business Associations 5
Cable and Other Program Distribution 1
Cafeterias 3
Car Washes 5
Carpet and Upholstery Cleaning Services 2
Caterers 1
Cemeteries and Crematories 2
Child and Youth Services 2
Child Day Care Services 6
Civic and Social Organizations 5
Clothing Accessories Stores 1
Coin-Operated Laundries and Drycleaners 2
Commercial Lithographic Printing 1
Computer and Software Stores 2
Computer Systems Design Services 1
Concrete Block and Brick Manufacturing 1
Confectionery and Nut Stores 1
Construction Sand and Gravel Mining 1
Consumer Lending 1
Copper Foundries (except Die-Casting) 1
Couriers 1
Credit Unions 3
Custom Computer Programming Services 3
Dental Laboratories 2
Diet and Weight Reducing Centers 1
Direct Life Insurance Carriers 1
Discount Department Stores 1
Drinking Places (Alcoholic Beverages) 15
Drywall and Insulation Contractors 2
Electric Power Distribution 4
Electrical Contractors 7
Electronic Auctions 1
Elementary and Secondary Schools 1
Emergency and Other Relief Services 1
Employment Placement Agencies 1
Engineering Services 4
Exterminating and Pest Control Services 3
Family Clothing Stores 3
Family Planning Centers 1
Farm Labor Contractors and Crew Leaders 1
Finish Carpentry Contractors 3
Fitness and Recreational Sports Centers 3
Floor Covering Stores 3
Flooring Contractors 2
Florists 2
Food (Health) Supplement Stores 1
Food Service Contractors 5
Freight Transportation Arrangement 1
Full-Service Restaurants 21
Funeral Homes and Funeral Services 3
Furniture Stores 6
General Automotive Repair 7
General Freight Trucking, Local 3
General Medical and Surgical Hospitals 1
General Rental Centers 4
Gift, Novelty, and Souvenir Stores 2
Golf Courses and Country Clubs 2
Grantmaking Foundations 1
Hand and Edge Tool Manufacturing 1
Hardware Stores 1
Home Centers 1
Home Health Care Services 2
Home Health Equipment Rental 1
Homes for the Elderly 2
Household Appliance Stores 5
Industrial Building Construction 2
Industrial Launderers 2
Institutional Furniture Manufacturing 1
Insurance Agencies and Brokerages 15
Internet Service Providers 3
Investment Advice 1
Janitorial Services 8
Jewelry Stores 3
Landscaping Services 4
Lessors of Other Real Estate Property 1
Limited-Service Restaurants 19
Livestock Merchant Wholesalers 1
Machine Shops 3
Manufactured (Mobile) Home Dealers 2
Men's Clothing Stores 1
Metal Tank (Heavy Gauge) Manufacturing 1
Mineral Wool Manufacturing 1
Motor Vehicle Towing 4
Museums 1
Natural Gas Distribution 1
Navigational Services to Shipping 1
New Car Dealers 5
Newspaper Publishers 1
Nonresidential Property Managers 1
Nursing Care Facilities 4
Office Administrative Services 1
Office Equipment Merchant Wholesalers 2
Office Supplies and Stationery Stores 2
Offices of Certified Public Accountants 3
Offices of Chiropractors 6
Offices of Dentists 10
Offices of Lawyers 17
Offices of Optometrists 1
Offices of Podiatrists 3
Offices of Real Estate Appraisers 4
Optical Goods Stores 1
Outdoor Power Equipment Stores 1
Paging 1
Paint and Coating Manufacturing 2
Paint and Wallpaper Stores 2
Painting and Wall Covering Contractors 5
Periodical Publishers 1
Pet and Pet Supplies Stores 1
Pet Care (except Veterinary) Services 1
Pharmacies and Drug Stores 5
Photography Studios, Portrait 3
Portfolio Management 2
Prepress Services 1
Private Mail Centers 1
Quick Printing 1
Radio Stations 2
Ready-Mix Concrete Manufacturing 2
Real Estate Credit 2
Recreational Vehicle Dealers 1
Refrigerated Warehousing and Storage 1
Residential Property Managers 2
Residential Remodelers 5
Roofing Contractors 3
Satellite Telecommunications 1
Savings Institutions 2
Securities Brokerage 6
Security Guards and Patrol Services 3
Sheet Metal Work Manufacturing 1
Shoe Stores 5
Siding Contractors 5
Sign Manufacturing 1
Site Preparation Contractors 2
Snack and Nonalcoholic Beverage Bars 5
Solid Waste Collection 3
Sporting Goods Stores 4
Tax Preparation Services 3
Telemarketing Bureaus 1
Telephone Answering Services 1
Temporary Help Services 3
Temporary Shelters 2
Tire Dealers 3
Title Abstract and Settlement Offices 2
Travel Agencies 1
Used Car Dealers 6
Used Household and Office Goods Moving 1
Used Merchandise Stores 5
Veterinary Services 3
Video Tape and Disc Rental 2
Vocational Rehabilitation Services 1
Warehouse Clubs and Supercenters 1
Wholesale Trade Agents and Brokers 2
Wired Telecommunications Carriers 1
Women's Clothing Stores 5
Wood Office Furniture Manufacturing 1

Company Formation in Marshalltown, Iowa

A critical step is ensuring that your business is formed as a legal entity that is separate from its owners. Doing so will protect 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. Just because you are starting a business in Iowa, you don't necessarily have to incorporate in Iowa. As it turns out, 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's a lot to know about forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Why Incorporate in Delaware. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Marshalltown, Iowa, our information on Incorporating in Iowa may be a useful resource if you decide to incorporate in Iowa.

Do You Need a Business Plan?

A business plan is essential in maximizing the prospects of your new company. Simply put, your business plan is your game plan for how you hope to grow your business. Not having a business plan is a recipe for disaster.

To learn more about business plans, read Business Plan Contests. You can also get free counseling sessions provided by your local SCORE chapter in Iowa.

Marketing Your New Venture

To grow your Marshalltown business, you need a solid marketing plan.

You can learn all about marketing on our site. Planning an Event is a good read to get your marketing juices flowing. That's just one of the many useful articles we have on Marketing a Small Business.

The Art of Selling

Being able to sell is critical to your business success. Whether you are focused on selling local customers in Marshalltown or are selling to customers throughout Iowa, the United States or even the world, you have to be able to sell.

Good selling involves demonstrating that your wares meet your customer's needs. The good news is we can help you to make selling a big competitve advantage for your new firm.

Selling Stuff on the Web offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.

Moving Forward

You have a dream -- starting a business in Marshalltown. 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.

Our goal here is to promote the vitality and growth of small businesses in Marshalltown and throughout the United States . We want to be there for you to answer your business questions, whether you are a new Marshalltown entrepreneur who is just getting started or you are already up and running with your new venture.

More Entrepreneurial Resources for Starting a Business in Marshalltown, Iowa

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

  • Resources for Marshalltown, Iowa Entrepreneurs - Browse a variety of resources we've collected to assist Marshalltown entrepreneurs.
  • Iowa Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Iowa.
  • Iowa Small Business Development Center - The Iowa SBDC conducts research, counsels, and trains business people in management, financing, and operating small businesses. They provide comprehensive information services and access to experts in a variety of fields. This is a great resource for Iowa entrepreneurs!
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Additional Resources for Entrepreneurs

Buying a Business

Writing a Business Plan

Raising Money

Incorporate

Small Business Marketing

Advertising Advice

Public Relations -

Customer Service Tips

Entrepreneurial Selling

Workplace Safety