April 24, 2019  
 
  Entrepreneurial Resources - Advice for Iowa Entrepreneurs  
  Riceville, Iowa Resources for Entrepreneurs  
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Start a Business in Riceville, Iowa

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

Riceville, Iowa Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 136
5-9 Employees 78
10-19 Employees 18
20-49 Employees 12
50-99 Employees 0
100-249 Employees 6
250-499 Employees 0
500-999 Employees 0
1000+ Employees 0
All Riceville Businesses 250

As a new Riceville entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Riceville 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
Animal (except Poultry) Slaughtering 2
Automotive Parts and Accessories Stores 2
Caterers 1
Child Day Care Services 2
Community Food Services 1
Drinking Places (Alcoholic Beverages) 1
Farm Supplies Merchant Wholesalers 1
Floor Covering Stores 1
Framing Contractors 1
Full-Service Restaurants 3
Golf Courses and Country Clubs 1
Home Centers 1
Insurance Agencies and Brokerages 1
Machine Shops 2
Nursing Care Facilities 1
Offices of Dentists 1
Painting and Wall Covering Contractors 1
Pharmacies and Drug Stores 1
Soybean Processing 1
Used Car Dealers 1
Veterinary Services 1

Is a Franchise Opportunity Right For You?

As you drive around Riceville, you'll conclude that many business owners have opted to buy a franchise, rather than starting a business on their own. Is it perhaps smarter to franchise a business instead of doing it from scratch.

Our recommendation is that you consider franchising as an option. We have many articles on franchises, such as Before Buying a Franchise. 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 O'Naturals and KnowledgePoints Development Corp.. Alternatively, you can browse franchise categories, such as Candy and Chocolate Franchises and Fitness Franchises.

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

Picking a Business Name

A big decision when starting a company is choosing a company name. Believe it or not, choosing a good company name can be a big contributor to your business success.

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.

For other considerations regarding naming a company, we recommend this article: Naming a Company.

As a final piece of advice, remember that because you are planning on starting a business in Riceville, it's very important that you make sure no other Iowa company is using the business name you want to use.

Forming a Company in Riceville, Iowa

It's very important that you form your business as a legal structure. 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.

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. If you are starting a business in Iowa, you don't necessarily have to incorporate in Iowa. In fact, you can incorporate wherever you want. 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 basics of company formation, browse articles on our site, such as Company Formation. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Riceville, Iowa, our information on Incorporating in Iowa may be a useful resource if you decide to incorporate in Iowa.

Where to Get Money to Start a Company

Getting your Riceville business the capital it needs to succeed is not an easy task. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.

To learn about raising money, we recommend you read the fundraising articles on our site, such as Bank Credit Lines.

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

Marketing Your New Venture

To rise above the crowd in Riceville and build your business, you'll need to have a good marketing plan.

We have some helpful resources on this site for entrepreneurs who are working on marketing plans. Avoiding Bad Product Launches is a good read to get your marketing juices flowing. That's just a sampling of the many useful articles we have on Marketing a Small Business.

Learning More About Entrepreneurship

Good entrepreneurs recognize that they don't know everything.

As an entrepreneur who lives in Riceville, 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 Riceville networking organizations.

What's Next?

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

We are here to help Riceville businesses to be successful. 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 Riceville, Iowa

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

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