Thinking about starting a business in Springville, Utah? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Springville.
Is Becoming an Entrepreneur Right for You?
An entrepreneurial life is demanding, much more challenging than working as an employee. Are you positive you have the stamina and skills to succeed on your own?
Because entrepreneurship is not for everyone, we recommend you do the following to help you assess whether you should move forward with starting a business:
- Talk to other entrepreneurs in Springville. Get their take on what it's really like to be an entrepreneur.
- We recommend reading Should You Become an Entrepreneur?. For aspiring new entrepreneurs, it's a must read article.
- Have a candid conversation with friends and family. That's the best way to get a truly objective assessment as to whether others think you have what it takes.
Springville, Utah Demographic Information
Springville has an active business community that includes small businesses,
mid-sized businesses and large businesses.
To give you a better feel for Springville demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Springville.
| Business Size | # of Businesses |
| 1-4 Employees |
4360 |
| 5-9 Employees |
1395 |
| 10-19 Employees |
945 |
| 20-49 Employees |
615 |
| 50-99 Employees |
225 |
| 100-249 Employees |
75 |
| 250-499 Employees |
90 |
| 500-999 Employees |
0 |
| 1000+ Employees |
15 |
| All Springville Businesses |
7720 |
As a new Springville entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Springville 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 |
| Animal (except Poultry) Slaughtering |
1 |
| Apprenticeship Training |
1 |
| Architectural Services |
3 |
| Art Dealers |
1 |
| Automotive Parts and Accessories Stores |
4 |
| Beauty Salons |
4 |
| Boat Dealers |
1 |
| Book Publishers |
2 |
| Bottled Water Manufacturing |
1 |
| Car Washes |
2 |
| Casinos (except Casino Hotels) |
1 |
| Child and Youth Services |
1 |
| Child Day Care Services |
2 |
| Commercial Lithographic Printing |
2 |
| Commercial Screen Printing |
1 |
| Computer Systems Design Services |
4 |
| Consumer Lending |
3 |
| Copper Foundries (except Die-Casting) |
1 |
| Credit Unions |
3 |
| Custom Computer Programming Services |
4 |
| Dental Laboratories |
1 |
| Diet and Weight Reducing Centers |
1 |
| Document Preparation Services |
1 |
| Drywall and Insulation Contractors |
5 |
| Electrical Contractors |
12 |
| Electronic Shopping |
2 |
| Elementary and Secondary Schools |
1 |
| Engineering Services |
1 |
| Environmental Consulting Services |
1 |
| Farm Supplies Merchant Wholesalers |
1 |
| Fine Arts Schools |
1 |
| Finish Carpentry Contractors |
9 |
| Floor Covering Stores |
1 |
| Flooring Contractors |
4 |
| Florists |
2 |
| Food (Health) Supplement Stores |
1 |
| Fossil Fuel Electric Power Generation |
1 |
| Framing Contractors |
2 |
| Frozen Specialty Food Manufacturing |
1 |
| Full-Service Restaurants |
7 |
| Funeral Homes and Funeral Services |
1 |
| Furniture Stores |
1 |
| General Automotive Repair |
5 |
| Gift, Novelty, and Souvenir Stores |
3 |
| Graphic Design Services |
2 |
| Hobby, Toy, and Game Stores |
2 |
| Home Health Care Services |
2 |
| Industrial Valve Manufacturing |
1 |
| Insurance Agencies and Brokerages |
5 |
| Internet Publishing and Broadcasting |
1 |
| Internet Service Providers |
2 |
| Investment Advice |
1 |
| Iron Foundries |
1 |
| Janitorial Services |
3 |
| Jewelry Stores |
1 |
| Land Subdivision |
2 |
| Landscaping Services |
7 |
| Limited-Service Restaurants |
15 |
| Mail-Order Houses |
2 |
| Manufactured (Mobile) Home Dealers |
2 |
| Marketing Consulting Services |
4 |
| Masonry Contractors |
6 |
| Meat Markets |
1 |
| Meat Processed from Carcasses |
1 |
| Mortgage and Nonmortgage Loan Brokers |
4 |
| Motion Picture and Video Production |
1 |
| Motor Vehicle Towing |
1 |
| Museums |
1 |
| Musical Instrument and Supplies Stores |
1 |
| New Car Dealers |
1 |
| New Housing Operative Builders |
3 |
| Nonresidential Property Managers |
1 |
| Nursing Care Facilities |
3 |
| Office Administrative Services |
1 |
| Office Supplies and Stationery Stores |
1 |
| Offices of Certified Public Accountants |
4 |
| Offices of Chiropractors |
2 |
| Offices of Dentists |
17 |
| Offices of Lawyers |
2 |
| Offices of Optometrists |
3 |
| Offices of Podiatrists |
1 |
| Offices of Real Estate Appraisers |
1 |
| Painting and Wall Covering Contractors |
7 |
| Payroll Services |
2 |
| Perishable Prepared Food Manufacturing |
1 |
| Pharmacies and Drug Stores |
3 |
| Photography Studios, Portrait |
3 |
| Private Mail Centers |
1 |
| Professional Employer Organizations |
3 |
| Ready-Mix Concrete Manufacturing |
1 |
| Real Estate Credit |
1 |
| Recreational Vehicle Dealers |
1 |
| Residential Property Managers |
1 |
| Residential Remodelers |
2 |
| Reupholstery and Furniture Repair |
1 |
| Savings Institutions |
2 |
| Securities Brokerage |
2 |
| Sheet Metal Work Manufacturing |
1 |
| Shoe Stores |
1 |
| Siding Contractors |
3 |
| Sign Manufacturing |
1 |
| Site Preparation Contractors |
12 |
| Snack and Nonalcoholic Beverage Bars |
2 |
| Software Publishers |
1 |
| Solid Waste Collection |
1 |
| Sporting Goods Stores |
2 |
| Sports and Recreation Instruction |
2 |
| Tax Preparation Services |
1 |
| Temporary Help Services |
1 |
| Tile and Terrazzo Contractors |
7 |
| Tire Dealers |
1 |
| Tobacco Stores |
1 |
| Toilet Preparation Manufacturing |
1 |
| Translation and Interpretation Services |
1 |
| Travel Trailer and Camper Manufacturing |
1 |
| Used Car Dealers |
4 |
| Used Merchandise Stores |
1 |
| Veterinary Services |
1 |
| Video Tape and Disc Rental |
3 |
| Vocational Rehabilitation Services |
1 |
| Warehouse Clubs and Supercenters |
1 |
| Watch, Clock, and Part Manufacturing |
1 |
| Women's Clothing Stores |
1 |
| Wood Container and Pallet Manufacturing |
1 |
| Wood Office Furniture Manufacturing |
1 |
Have You Considered Franchising?
As you drive around Springville, you'll see that franchises make up a large percentage of local businesses. But is franchising the right option for you?
We advise the entrepreneurs we work with to consider franchising as an option. To help you learn more about franchising, we've gathered a ton of articles on franchising, including Selling 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 Duct Doctor USA and Lite For Life. Alternatively, you can browse franchise categories, such as Construction Franchises and Home Services Franchises.
Note on Springville Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Springville.
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.
Companies like Starbucks, Apple, Target, Microsoft and Intuit all have strong company names that are easy to remember and have become well-loved brands. Wouldn't it be nice if your new company name got on a similar track?
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Company.
On a final note, given that you are planning on starting a business in Springville, it's critical that you ensure that your company name has not already been claimed by another Utah business.
Don't Skip the Business Plan
A business plan is vital in maximizing the prospects of your new company. Simply put, 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.
To learn more about business plans, read The Art of the Executive Summary. You should also take advantage of free business counselors available to you through your local SCORE chapter in Utah.
Learning More About Entrepreneurship
Good business owners know that they don't know everything.
Given that you are starting a business in Springville, Utah, you should get information on some of the learning programs at local Utah educational institutions. You should also check if there are any networking organizations for Springville entrepreneurs.
Moving Forward
As an entrepreneur in Springville, you won't be working for the boss anymore. You are the boss.
From this point on, you control your own destiny.
We are here to help Springville 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 Springville, Utah
Here are more links that we believe will help you be successful in starting a business in Springville.
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