Thinking about starting a business in Molalla, Oregon? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Molalla.
Will You Be a Good Entrepreneur?
An entrepreneurial life is hard work, much harder than working as an employee. Are you sure you have the stamina and skills to succeed on your own?
With so much at stake when you start a business, we strongly recommend you do the following before you proceed:
- Speak with other entrepreneurs in Molalla. They are usually very willing to share their insights on the ups and downs of being an entrepreneur.
- You should read Business Failure. It's a good read for those who are thinking about becoming an entrepreneur.
- Involve a spouse, family member or trusted friend in the decision. Others sometimes know you better than you know yourself.
Molalla, Oregon Demographic Information
Molalla has an active business community that includes small businesses,
mid-sized businesses and large businesses.
To give you a better feel for Molalla demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Molalla.
| Business Size | # of
Businesses |
| 1-4 Employees |
583 |
| 5-9 Employees |
177 |
| 10-19 Employees |
105 |
| 20-49 Employees |
66 |
| 50-99 Employees |
9 |
| 100-249 Employees |
9 |
| 250-499 Employees |
3 |
| 500-999 Employees |
0 |
| 1000+ Employees |
0 |
| All Molalla Businesses |
952 |
As a new Molalla entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Molalla 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 |
|
Architectural Services |
1 |
| Automotive Exhaust System Repair |
1 |
| Automotive Parts and Accessories Stores |
3 |
| Beauty Salons |
2 |
| Bed-and-Breakfast Inns |
1 |
| Beer, Wine, and Liquor Stores |
1 |
| Building Inspection Services |
1 |
| Business Associations |
1 |
|
Car Washes |
1 |
| Carpet and Upholstery Cleaning Services |
1 |
| Child and Youth Services |
1 |
| Child Day Care Services |
1 |
| Civic and Social Organizations |
2 |
| Coin-Operated Laundries and Drycleaners |
1 |
| Commercial Lithographic Printing |
1 |
| Computer Training |
1 |
|
Convenience Stores |
1 |
| Custom Computer Programming Services |
1 |
| Document Preparation Services |
1 |
| Drinking Places (Alcoholic Beverages) |
1 |
| Drywall and Insulation Contractors |
3 |
| Electrical Contractors |
5 |
| Electronic Shopping |
1 |
| Elementary and Secondary Schools |
1 |
|
Environmental Consulting Services |
1 |
| Finish Carpentry Contractors |
4 |
| Fitness and Recreational Sports Centers |
5 |
| Floor Covering Stores |
1 |
| Florists |
1 |
| Food (Health) Supplement Stores |
1 |
| Food Service Contractors |
1 |
| Framing Contractors |
8 |
|
Full-Service Restaurants |
9 |
| Funeral Homes and Funeral Services |
1 |
| General Automotive Repair |
2 |
| General Freight Trucking, Local |
3 |
| Glass and Glazing Contractors |
1 |
| Golf Courses and Country Clubs |
1 |
| Grantmaking Foundations |
1 |
| Graphic Design Services |
1 |
|
Hardware Stores |
1 |
| Home Health Care Services |
2 |
| Homes for the Elderly |
1 |
| Ice Manufacturing |
1 |
| Industrial Building Construction |
1 |
| Industrial Design Services |
1 |
| Insurance Agencies and Brokerages |
5 |
| Janitorial Services |
1 |
|
Landscaping Services |
4 |
| Lessors of Other Real Estate Property |
2 |
| Limited-Service Restaurants |
8 |
| Logging |
12 |
| Machine Shops |
2 |
| Masonry Contractors |
3 |
| Men's Clothing Stores |
1 |
| Metal Tank (Heavy Gauge) Manufacturing |
1 |
|
Mortgage and Nonmortgage Loan Brokers |
1 |
| Motor Vehicle Towing |
1 |
| Nail Salons |
1 |
| New Car Dealers |
2 |
| Newspaper Publishers |
1 |
| Nitrogenous Fertilizer Manufacturing |
1 |
| Nursing Care Facilities |
1 |
| Offices of Certified Public Accountants |
2 |
|
Offices of Chiropractors |
2 |
| Offices of Dentists |
5 |
| Offices of Optometrists |
1 |
| Offices of Real Estate Appraisers |
1 |
| Painting and Wall Covering Contractors |
1 |
| Pet Care (except Veterinary) Services |
2 |
| Petroleum Bulk Stations and Terminals |
1 |
| Pharmacies and Drug Stores |
3 |
|
Polystyrene Foam Product Manufacturing |
1 |
| Portfolio Management |
1 |
| Ready-Mix Concrete Manufacturing |
1 |
| Real Estate Credit |
1 |
| Residential Property Managers |
1 |
| Residential Remodelers |
2 |
| Retail Bakeries |
1 |
| Roofing Contractors |
1 |
|
Savings Institutions |
1 |
| Sawmills |
2 |
| School and Employee Bus Transportation |
1 |
| Septic Tank and Related Services |
1 |
| Siding Contractors |
9 |
| Site Preparation Contractors |
2 |
| Snack and Nonalcoholic Beverage Bars |
2 |
| Software Publishers |
1 |
|
Sporting Goods Stores |
1 |
| Support Activities for Forestry |
2 |
| Tax Preparation Services |
1 |
| Tire Dealers |
3 |
| Travel Agencies |
1 |
| Used Car Dealers |
1 |
| Used Household and Office Goods Moving |
1 |
| Used Merchandise Stores |
1 |
|
Veterinary Services |
2 |
| Video Tape and Disc Rental |
1 |
| Warehouse Clubs and Supercenters |
1 |
| Wholesale Trade Agents and Brokers |
3 |
| Wineries |
1 |
| Wired Telecommunications Carriers |
1 |
| Wood Window and Door Manufacturing |
1 |
Forming a Company in Molalla, Oregon
A critical step is ensuring that your business is formed as a legal entity that is separate from its owners. Doing so will shield you from personal liability for business debts and obligations.
The entity you form can be a corporation, LLC, sole proprietorship, partnership or other structure.
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 Oregon, it doesn't mean you are required to incorporate in Oregon. In fact, you can incorporate in the state of your choosing. For example, it's very popular to incorporate in Delaware, and incorporating in Nevada has become very trendy as well. Don't forget, though, that you will have to register as a foreign entity in all states that you do business in.
There are many nuances to forming a company. To learn the fundamentals of company formation, browse articles on our site, such as Nevada Incorporation. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Molalla, Oregon, our information on Incorporating in Oregon may be a useful resource if you decide to incorporate in Oregon.
Don't Skip the Business Plan
A business plan is critical 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. Failure to write a business plan is a recipe for disaster.
To learn more about business plans, read Business Presentations. You should also take advantage of face-to-face free consulting available from your local SCORE chapter in Oregon.
Building Up Your Sales
Do you know how to sell? In order to attract customers to your new Molalla business, you need to focus on sales.
Why should customers buy from you instead of buying from competitors? Fortunately, we've got plenty of good advice to help you improve your selling skills.
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.
How to Improve Your Entrepreneurial Abilities
Good business owners recognize that they need to continually improve.
With your business being located in Molalla, Oregon, you will want to take advantage of the many programs available at nearby Oregon universities, colleges and community colleges. It's also worthwhile to see if there are any Molalla networking organizations.
What's Next?
As an entrepreneur in Molalla, you won't be working for the boss anymore. You are the boss.
From this point on, you control your own destiny.
This site is all about helping entrepreneurs in Molalla and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Molalla 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 Molalla, Oregon
Here are more links that we believe will help you be successful in starting a business in Molalla.
- Resources for Molalla, Oregon Entrepreneurs - Browse a variety of resources we've collected to assist Molalla entrepreneurs.
- Oregon Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Oregon.
- Oregon Small Business Development Center - Oregon Small Business Development Centers use a client-centered approach to deliver counseling, training, information and technical assistance in all aspects of small business management. There is no fee for their assistance.
- Molalla, Oregon Newspaper Ad Rates - This is a nearly comprehensive list of advertising rates for Molalla, Oregon newspapers, including ad costs for newspapers serving the Molalla area.
- Molalla, Oregon Payroll Services - This list includes Molalla, Oregon payroll services, national payroll services for Molalla, and helpful information on choosing a Molalla payroll service.
- Molalla, Oregon Businesses for Sale - This list includes resources for buying a business in Molalla, Oregon, such as business brokers in Molalla and other helpful information on how to buy a Molalla business.
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