August 21, 2019  
 
  Entrepreneurial Resources - Advice for Iowa Entrepreneurs  
  Nevada, Iowa Resources for Entrepreneurs  
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Opening a Business in Nevada, Iowa

Contemplating starting a business in Nevada, Iowa? We walk you through the process of opening a business in Nevada.

Nevada, Iowa Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 1556
5-9 Employees 552
10-19 Employees 384
20-49 Employees 168
50-99 Employees 60
100-249 Employees 24
250-499 Employees 12
500-999 Employees 0
1000+ Employees 0
All Nevada Businesses 2756

As a new Nevada entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Nevada 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
Automotive Parts and Accessories Stores 2
Beauty Salons 1
Beer, Wine, and Liquor Stores 1
Bowling Centers 1
Business Associations 3
Car Washes 1
Caterers 1
Child Day Care Services 3
Civic and Social Organizations 2
Coin-Operated Laundries and Drycleaners 1
Commercial Lithographic Printing 2
Commodity Contracts Brokerage 2
Computer Systems Design Services 1
Convenience Stores 1
Credit Unions 1
Custom Computer Programming Services 2
Ethyl Alcohol Manufacturing 1
Farm Management Services 1
Farm Supplies Merchant Wholesalers 2
Fine Arts Schools 1
Finish Carpentry Contractors 1
Fitness and Recreational Sports Centers 1
Flooring Contractors 1
Full-Service Restaurants 4
Funeral Homes and Funeral Services 2
Furniture Stores 1
General Automotive Repair 1
General Freight Trucking, Local 1
General Medical and Surgical Hospitals 1
Golf Courses and Country Clubs 1
Hardware Stores 1
Historical Sites 1
Household Appliance Stores 1
Human Rights Organizations 1
Insurance Agencies and Brokerages 6
Janitorial Services 3
Landscaping Services 3
Limited-Service Restaurants 6
Machine Shops 2
Manifold Business Forms Printing 1
Manufactured (Mobile) Home Dealers 1
Masonry Contractors 1
Meat Processed from Carcasses 1
Motorcycle Dealers 1
New Car Dealers 2
Newspaper Publishers 1
Nursing Care Facilities 1
Offices of Certified Public Accountants 1
Offices of Chiropractors 2
Offices of Dentists 2
Offices of Lawyers 9
Offices of Optometrists 1
Offices of Real Estate Appraisers 1
Painting and Wall Covering Contractors 2
Pharmacies and Drug Stores 3
Portfolio Management 1
Quick Printing 1
Recreational Vehicle Dealers 1
Residential Remodelers 4
Savings Institutions 1
Securities Brokerage 1
Snack and Nonalcoholic Beverage Bars 1
Software Publishers 1
Solid Waste Collection 3
Tax Preparation Services 1
Testing Laboratories 2
Tire Dealers 1
Title Abstract and Settlement Offices 2
Used Household and Office Goods Moving 1
Veterinary Services 1
Video Tape and Disc Rental 1

What About Franchising Opportunities?

Visit the business district of Nevada and it becomes clear that purchasing a franchise is a common way to get started as an entrepreneur. Is it perhaps smarter to franchise a business instead of doing it from scratch.

Most business experts recommend that you consider franchising as an option. We have many articles on franchises, such as Growth Trends in Franchising. Get a thorough education on franchising by browsing all of our Articles on Franchising.

You can review hundreds of franchise opportunities by browing our Franchise Directory.

Representative franchise opportunities include Happy Tails Dog Spa and American Asphalt Sealcoating. Alternatively, you can browse franchise categories, such as Candy and Chocolate Franchises and Fitness Franchises.

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

Choosing a Company Name

Making the right decision when choosing a company name is very important. There are many decisions you'll make now that you can change later, but changing a company name years down the road is not very easy. So, choose a good company name at the outset.

Pick a company name that isn't too generic. If you do a search engine search for your proposed name and a billion results come up, you may want to reconsider the name. It's much easier to come up in the search engines when your name is fairly unique.

To get up to speed on what makes for a good company name, we encourage you to read this useful article: Branding Advice.

On a final note, given that you are planning on starting a business in Nevada, it's imperative that you check now that your company name has not already been claimed by another Iowa business.

Company Formation in Nevada, Iowa

A critical step is ensuring that you form your business as a legal structure. Doing so will shield you from personal liability for business debts and obligations.

When forming a company, you will select one of many company types, such as a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.

Incorporating is a very common way to legally create a business entity. 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. 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. To learn the fundamentals of company formation, browse articles on our site, such as Pre-Incorporation Agreements. You may also want to seek the advice of an attorney. On a final note, since you will be starting a business in Nevada, Iowa, our web page covering Incorporating in Iowa may be a useful resource if you decide to incorporate in Iowa.

Raising Funding for Your Startup

Raising money to fund your new Nevada business requires strong organization skills and perseverance. 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 Angel Investors.

For Nevada entrepreneurs with great ambition but a shortage of investment capital, check out our List of Iowa Angel Investors and our List of Iowa Venture Capital Firms.

Advancing Your Entrepreneurial Skills

The best business owners know that they don't know everything.

As an entrepreneur who lives in Nevada, Iowa, you should check out some of the many programs available at nearby Iowa universities, colleges and community colleges. You should also check if there are any networking groups or organizations in which Nevada entrepreneurs get together to network and trade their business experiences.

Never Give Up

Most new Nevada businesses underestimate the number of challenges they will face.

From this point on, you control your own destiny.

This site is all about helping entrepreneurs in Nevada and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Nevada 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 Nevada, Iowa

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

  • Resources for Nevada, Iowa Entrepreneurs - Browse a variety of resources we've collected to assist Nevada 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!
  •  

 

 

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