Start a Business in Riverton, Utah

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

What Business to Start

Choosing a business that is right for you is very important. You might get some good ideas about what kind of business to start by reading Finding Your Niche in Life.

For in-depth how-to guides on how to start specific businesses, browse our Good Businesses to Start section of our site. For example, you might be interested in our Opening a Laboratory Equipment Service & Repair Business guide or our Starting a Display Design Services Business guide.

Always keep in mind that your new startup will be located in Riverton. Some businesses will do better in Riverton than others. Make sure you fully understand Riverton demographics before you lock in on your business idea.

Riverton, Utah Demographic Information

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

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

Business Size	# of Businesses
1-4 Employees	13062
5-9 Employees	3549
10-19 Employees	1932
20-49 Employees	945
50-99 Employees	231
100-249 Employees	126
250-499 Employees	21
500-999 Employees	0
1000+ Employees	0
All Riverton Businesses	19866

As a new Riverton entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Riverton 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
Appliance Repair and Maintenance	1
Automotive Glass Replacement Shops	1
Automotive Parts and Accessories Stores	2
Baked Goods Stores	1
Beauty Salons	9
Boat Building	1
Book Publishers	2
Building Inspection Services	1
Car Washes	1
Carpet and Upholstery Cleaning Services	6
Caterers	2
Cemeteries and Crematories	1
Child Day Care Services	9
Commodity Contracts Dealing	1
Computer and Software Stores	2
Computer Systems Design Services	5
Consumer Lending	1
Couriers	2
Credit Unions	2
Custom Computer Programming Services	8
Direct Life Insurance Carriers	1
Document Preparation Services	1
Drafting Services	1
Drinking Places (Alcoholic Beverages)	2
Drywall and Insulation Contractors	16
Electrical Contractors	22
Electronic Computer Manufacturing	1
Electronic Shopping	2
Elementary and Secondary Schools	3
Emergency and Other Relief Services	1
Engineering Services	6
Environmental Consulting Services	1
Fine Arts Schools	2
Finish Carpentry Contractors	21
Fitness and Recreational Sports Centers	1
Flooring Contractors	9
Florists	3
Framing Contractors	29
Freight Transportation Arrangement	5
Full-Service Restaurants	7
Funeral Homes and Funeral Services	1
General Automotive Repair	6
General Freight Trucking, Local	3
General Warehousing and Storage	3
Gift, Novelty, and Souvenir Stores	1
Glass and Glazing Contractors	1
Golf Courses and Country Clubs	1
Graphic Design Services	2
Hand and Edge Tool Manufacturing	1
Hardware Merchant Wholesalers	2
Hardware Stores	1
Hobby, Toy, and Game Stores	1
Home Furnishing Merchant Wholesalers	2
Home Health Care Services	1
Industrial Building Construction	1
Industrial Design Services	1
Insurance Agencies and Brokerages	14
Internet Service Providers	1
Investment Advice	1
Janitorial Services	15
Land Subdivision	7
Landscape Architectural Services	3
Landscaping Services	27
Lessors of Other Real Estate Property	1
Libraries and Archives	1
Limited-Service Restaurants	14
Local Messengers and Local Delivery	2
Mail-Order Houses	1
Marketing Consulting Services	9
Masonry Contractors	15
Mortgage and Nonmortgage Loan Brokers	7
Motion Picture and Video Production	5
Motor Vehicle Towing	2
Musical Instrument and Supplies Stores	1
New Housing Operative Builders	6
Newspaper Publishers	1
Nursing Care Facilities	1
Office Administrative Services	3
Office Supplies and Stationery Stores	1
Offices of Certified Public Accountants	1
Offices of Chiropractors	5
Offices of Dentists	17
Offices of Lawyers	3
Offices of Optometrists	2
Offices of Other Holding Companies	3
Offices of Podiatrists	1
Offices of Real Estate Appraisers	4
Outdoor Power Equipment Stores	1
Painting and Wall Covering Contractors	23
Payroll Services	2
Pet and Pet Supplies Stores	1
Pet Care (except Veterinary) Services	1
Pharmacies and Drug Stores	2
Photography Studios, Portrait	1
Plastics Plumbing Fixture Manufacturing	1
Precision Turned Product Manufacturing	1
Private Mail Centers	2
Professional Organizations	1
Public Relations Agencies	1
Quick Printing	1
Ready-Mix Concrete Manufacturing	1
Real Estate Credit	3
Remediation Services	1
Repossession Services	1
Residential Property Managers	2
Residential Remodelers	13
Reupholstery and Furniture Repair	1
Roofing Contractors	9
Shoe Stores	1
Siding Contractors	7
Site Preparation Contractors	14
Snack and Nonalcoholic Beverage Bars	2
Software Publishers	1
Sports and Recreation Instruction	2
Tax Preparation Services	2
Temporary Help Services	2
Testing Laboratories	2
Tile and Terrazzo Contractors	10
Tire Dealers	2
Title Abstract and Settlement Offices	2
Tour Operators	2
Translation and Interpretation Services	1
Travel Agencies	3
Travel Trailer and Camper Manufacturing	1
Used Car Dealers	1
Veterinary Services	4
Video Tape and Disc Rental	4
Vocational Rehabilitation Services	1
Wholesale Trade Agents and Brokers	2
Wired Telecommunications Carriers	1

Have You Considered Franchising?

As you drive around Riverton, you'll notice that many local entrepreneurs have gone the franchising route. But is franchising the right option for you?

Our recommendation is that you look into purchasing a franchise. We have many articles on franchises, such as Why Franchises Fail. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.

You can find franchise opportunities by browsing our Franchise Opportunities Directory.

Representative franchise opportunities include Accountants Inc. and EXPRESSTAX. Alternatively, you can browse franchise categories, such as Retail Franchises and Frozen Yogurt Franchises.

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

Company Formation in Riverton, Utah

A critical step is ensuring that your business is formed as a legal entity that is separate from its owners. Without a legal structure for the business, you can be held personally liable for the actions, debts and obligations of your company.

When forming a company, you will pick from many company types, such as 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. Just because you are starting a business in Utah, you don't necessarily have to incorporate in Utah. As it turns out, 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'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 Nevada Incorporation. You may also want to seek the advice of an attorney. On a final note, since you will be starting a business in Riverton, Utah, our web page covering Incorporating in Utah may be a useful resource if you decide to incorporate in Utah.

Don't Skip the Business Plan

A business plan is essential in maximizing the prospects of your new company. In effect, a business plan is a written description of the future you envision for your business. Not having a business plan is a recipe for disaster.

Before you start writing a business plan, we suggest you skim The Art of the Executive Summary. You can also get face-to-face free consulting available from your local SCORE chapter in Utah.

Raising Money for Your New Venture

Raising money to fund your new Riverton business will be harder than you might expect. The reality is that there is very little funding available for new small businesses, and you have to explore every possible alternative.

To learn about raising money, we recommend you read the fundraising articles on our site, such as Business Incubators.

For Riverton entrepreneurs on the hunt for startup funding, check out our List of Utah Angel Investors and our List of Utah Venture Capital Firms.

Next Steps

You have a dream -- starting a business in Riverton. 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 Riverton 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 Riverton, Utah

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

• Resources for Riverton, Utah Entrepreneurs - Browse a variety of resources we've collected to assist Riverton entrepreneurs.
• Utah Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Utah.
• Utah Small Business Development Center - The Utah Small Business Development Centers will lead the way in entrepreneurial education, advocacy, and business development statewide.
• Riverton, Utah Newspaper Ad Rates - This is a nearly comprehensive list of advertising rates for Riverton, Utah newspapers, including ad costs for newspapers serving the Riverton area.
• Riverton, Utah Payroll Services - This list includes Riverton, Utah payroll services, national payroll services for Riverton, and helpful information on choosing a Riverton payroll service.

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