August 21, 2019  
 
  Entrepreneurial Resources - Advice for Iowa Entrepreneurs  
  Pella, Iowa Resources for Entrepreneurs  
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Start a Business in Pella, Iowa

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

Pella, Iowa Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 738
5-9 Employees 300
10-19 Employees 218
20-49 Employees 126
50-99 Employees 27
100-249 Employees 15
250-499 Employees 3
500-999 Employees 0
1000+ Employees 9
All Pella Businesses 1436

As a new Pella entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Pella 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
Ambulance Services 1
Architectural Services 1
Automotive Parts and Accessories Stores 4
Baked Goods Stores 2
Barber Shops 1
Beauty Salons 6
Boat Dealers 1
Book Stores 3
Bowling Centers 1
Business Associations 1
Cafeterias 1
Car Washes 1
Cemeteries and Crematories 1
Child and Youth Services 1
Child Day Care Services 4
Civic and Social Organizations 2
Commercial Lithographic Printing 3
Commercial Photography 1
Community Food Services 1
Computer and Software Stores 1
Computer Systems Design Services 2
Construction Machinery Manufacturing 1
Convenience Stores 1
Credit Unions 1
Custom Computer Programming Services 1
Diagnostic Imaging Centers 1
Direct Life Insurance Carriers 1
Discount Department Stores 1
Document Preparation Services 1
Drinking Places (Alcoholic Beverages) 4
Drywall and Insulation Contractors 1
Educational Support Services 1
Electric Power Distribution 1
Electrical Contractors 7
Electronic Shopping 1
Elementary and Secondary Schools 3
Environmental Consulting Services 1
Exterminating and Pest Control Services 1
Family Clothing Stores 1
Farm Supplies Merchant Wholesalers 2
Finish Carpentry Contractors 5
Fitness and Recreational Sports Centers 1
Floor Covering Stores 2
Florists 2
Framing Contractors 3
Full-Service Restaurants 9
Funeral Homes and Funeral Services 2
Furniture Stores 2
General Automotive Repair 11
General Medical and Surgical Hospitals 1
General Rental Centers 1
General Warehousing and Storage 1
Gift, Novelty, and Souvenir Stores 7
Glove and Mitten Manufacturing 1
Golf Courses and Country Clubs 2
Graphic Design Services 3
Hardware Stores 1
Historical Sites 1
Home Health Equipment Rental 1
Homes for the Elderly 1
Household Appliance Stores 1
Industrial Mold Manufacturing 1
Insurance Agencies and Brokerages 9
Interior Design Services 1
Iron Foundries 1
Janitorial Services 1
Jewelry Stores 1
Land Subdivision 2
Landscaping Services 8
Lessors of Other Real Estate Property 1
Limited-Service Restaurants 9
Linen Supply 1
Machine Shops 1
Marinas 2
Marketing Consulting Services 2
Masonry Contractors 1
Meat Markets 2
Motorcycle Dealers 1
Musical Instrument and Supplies Stores 1
New Car Dealers 3
Newspaper Publishers 1
Nonresidential Property Managers 1
Nursing Care Facilities 2
Office Administrative Services 1
Office Equipment Merchant Wholesalers 2
Offices of Certified Public Accountants 3
Offices of Chiropractors 5
Offices of Dentists 6
Offices of Lawyers 8
Offices of Optometrists 2
Offices of Other Holding Companies 1
Offices of Real Estate Appraisers 2
Outdoor Power Equipment Stores 1
Painting and Wall Covering Contractors 1
Payroll Services 1
Periodical Publishers 1
Petroleum Bulk Stations and Terminals 2
Pharmacies and Drug Stores 1
Photography Studios, Portrait 2
Portfolio Management 1
Prepress Services 1
Private Mail Centers 1
Professional Employer Organizations 1
Radio Stations 1
Ready-Mix Concrete Manufacturing 2
Repossession Services 1
Residential Property Managers 1
Residential Remodelers 3
Retail Bakeries 1
Rolled Steel Shape Manufacturing 1
Roofing Contractors 2
Securities Brokerage 5
Shoe Stores 1
Site Preparation Contractors 2
Snack and Nonalcoholic Beverage Bars 2
Solid Waste Collection 1
Sporting Goods Stores 1
Tire and Tube Merchant Wholesalers 2
Tire Dealers 2
Travel Agencies 3
Used Car Dealers 3
Used Merchandise Stores 3
Vending Machine Operators 2
Veterinary Services 2
Video Tape and Disc Rental 1
Vocational Rehabilitation Services 2
Voluntary Health Organizations 1
Wholesale Trade Agents and Brokers 1
Women's Clothing Stores 3
Wood Container and Pallet Manufacturing 1
Wood Window and Door Manufacturing 1

Should You Franchise?

As you drive around Pella, you may be surprised to see how many franchises there are in the area. Is franchising maybe a better way for you to start your business?

We highly recommend you evaluate the possibility of your buying a franchise opportunity. To help you learn more about franchising, we've gathered a ton of articles on franchising, including Opportunities in International 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.

Sample franchise opportunities include EPMARK, Inc. and Moving Solutions Franchise. Alternatively, you can browse franchise categories, such as ATM Franchises and Home Repair Franchises.

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

What About Buying an Existing Pella Business?

An excellent way to get started in business is to Buy a Business in Iowa. Follow that link and you can review several good businesses for sale in Pella.

If you are intent on buying a business, you may want to read this article: How to Buy a Business.

Company Formation in Pella, Iowa

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 traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.

Incorporation 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 are allowed to incorporate wherever you want. 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 Dissolving a Corporation. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Pella, 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 vital in maximizing the prospects of your new company. Indeed, a business plan is a written description of the future you envision for your business. Starting a business without a business plan is a recipe for disaster.

If writing a business plan is on your to-do list, be sure to read Business Plan Contests. A great resource for business planning assistance is the face-to-face free consulting available from your local SCORE chapter in Iowa.

Getting Money to Start a Business

Getting your Pella business the capital it needs to succeed is very difficult due to the ongoing business credit crunch. In fact, financing your new business may be the hardest challenge you ever face.

Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled Getting a Small Business Loan.

For Pella entrepreneurs who need startup capital, you'll want to take a look at our List of Iowa Angel Investors and our List of Iowa Venture Capital Firms.

How to Improve Your Entrepreneurial Abilities

Successful business owners know that they don't know everything.

As an entrepreneur who lives in Pella, Iowa, you will want to take advantage of the many programs available at nearby Iowa universities, colleges and community colleges. It's also worthwhile to see if there are any networking organizations for Pella entrepreneurs.

Now It's Up To You

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

If you choose the right business and love what you do, you will greatly increase your odds of success.

This site is all about helping entrepreneurs in Pella and elsewhere to achieve real success. 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 Pella, Iowa

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

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