Wisconsin Business Startup Guides
Start a Business in Reedsburg, Wisconsin
Are you starting a business in Reedsburg, Wisconsin? This article discusses the most important things to consider when opening a business in Reedsburg.
Reedsburg, Wisconsin Demographic Information
Reedsburg has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Reedsburg demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Reedsburg.
Businesses
As a new Reedsburg entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Reedsburg 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.
Businesses
Is Franchising a Better Option?
As you drive around Reedsburg, you'll notice that many local entrepreneurs have gone the franchising route. But is franchising the right option for you?
We advise the entrepreneurs we work with to investigate buying a franchise. We have many articles on franchises, such as Franchising My Business. Get a thorough education on franchising by browsing all of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Sample franchise opportunities include A Place To Tan and AtWork HelpingHands Services. Alternatively, you can browse franchise categories, such as Senior Care Franchises and Meal Preparation Franchises.
Note on Reedsburg Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Reedsburg.
Have You Considered Buying an Existing Reedsburg Business?
An excellent way to get started in business is to Buy a Business in Wisconsin. Follow that link and you can assess several good businesses for sale in Reedsburg.
Before buying a business, be sure to read this article: Hold Harmless Agreements When Buying Businesses.
Selecting a Name For Your Venture
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.
Before you decide on a company name, run it by some prospective customers and see what they think. If they don't like it, it's probably a good idea to go back to the drawing board.
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Company.
As a final piece of advice, remember that because you are planning on starting a business in Reedsburg, it's very important that you make sure no other Wisconsin company is using the business name you want to use.
Company Formation in Reedsburg, Wisconsin
A critical step is ensuring that your business is formed as a legal entity that is separate from its owners. Doing so will separate 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 Wisconsin, you don't necessarily have to incorporate in Wisconsin. In fact, you are allowed to 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 Piercing the Corporate Veil. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Reedsburg, Wisconsin, our information on Incorporating in Wisconsin may be a useful resource if you decide to incorporate in Wisconsin.
Startup Financing Basics
Getting your Reedsburg business the capital it needs to succeed will be harder than you might expect. In fact, financing your new business may be the hardest challenge you ever face.
Take advantage of our many articles on raising capital, such as Getting a Small Business Loan.
For Reedsburg entrepreneurs on the hunt for startup funding, you'll want to take a look at our List of Wisconsin Angel Investors and our List of Wisconsin Venture Capital Firms.
How to Sell
Being able to sell is a key enabler to your business success. Whether you are focused on selling local customers in Reedsburg or are selling to customers throughout Wisconsin, the United States or even the world, you have to be able to sell.
Not knowing how to sell can result in lost customers and minimal market share. Let us help you refine your selling techniques through our many useful sales advice tips.
Hiring Telemarketing Firms to Generate Sales Leads is worth reading, as it may give you some good ideas on how to sell your products or services. We have many more good articles on selling that you may enjoy reading.
Moving Forward
You have a dream -- starting a business in Reedsburg. To achieve your dream, you have to persevere, even when the odds are against you.
From this point on, you control your own destiny.
Our goal here is to promote the vitality and growth of small businesses in Reedsburg and throughout the United States . 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 Reedsburg, Wisconsin
Here are more links that we believe will help you be successful in starting a business in Reedsburg.
- Resources for Reedsburg, Wisconsin Entrepreneurs - Browse a variety of resources we've collected to assist Reedsburg entrepreneurs.
- Wisconsin Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Wisconsin.
- Wisconsin Small Business Development Center - Wisconsin Small Business Development Centers offer a variety of educational services to small-businesses. The low-cost courses, seminars, and workshops cover both basic and complex topics, from marketing to management techniques to business plan development.
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