Wisconsin Business Startup Guides
Start a Business in Sturgeon Bay, Wisconsin
Are you starting a business in Sturgeon Bay, Wisconsin? This article discusses the most important things to consider when opening a business in Sturgeon Bay.
Sturgeon Bay, Wisconsin Demographic Information
Sturgeon Bay has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Sturgeon Bay demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Sturgeon Bay.
Businesses
As a new Sturgeon Bay entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Sturgeon Bay 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
Should You Franchise?
As you drive around Sturgeon Bay, you may be surprised to see how many franchises there are in the area. So, it probably makes sense for you to consider franchising too.
Our advice is to investigate buying a franchise. We have many articles on franchises, such as Costs of Franchise Ownership. Become a franchising expert of sorts by reading more of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Representative franchise opportunities include Play It Again Sports and Wyndham Hotels & Resorts. Alternatively, you can browse franchise categories, such as Gift Items Franchises and Home Furnishings Franchises.
Note on Sturgeon Bay Franchise Opportunities: To find out if a franchise you are interested in is available in Sturgeon Bay, you will need to get in direct contact with the franchisor.
Have You Considered Buying an Existing Sturgeon Bay Business?
An excellent way to get started in business is to Buy a Business in Wisconsin. Follow that link and you may find several good businesses for sale in Sturgeon Bay.
For anybody who wants to buy a business, we recommend reading this useful article: How to Buy a Business.
Naming the Business
A good company name can give a big boost to a new startup. It might seem like an easy thing to do, but there are many things to consider when naming a business.
We strongly advocate that you make sure the ".com" domain name is available for your company name. Every business needs a strong Web presence these days, and having a non ".com" domain means somebody else may outrank you in the search results for your own company name.
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Branding Advice.
On a final note, given that you are planning on starting a business in Sturgeon Bay, it's imperative that you check now that you will be the only Wisconsin company using the business name you have chosen.
Forming a Company in Sturgeon Bay, Wisconsin
It's very important 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 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. If you are starting a business in Wisconsin, it doesn't mean you are required to incorporate in Wisconsin. In fact, you are allowed to incorporate in any state you would like to. 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. 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 Sturgeon Bay, Wisconsin, our information on Incorporating in Wisconsin may be a useful resource if you decide to incorporate in Wisconsin.
Getting Money to Start a Business
Finding the funds to fuel the growth of your Sturgeon Bay business is a difficult chore. The reality is that there is very little funding available for new small businesses, and you have to explore every possible alternative.
The good news is this site contains dozens of articles on raising money, including one we recommend entitled How Much Venture Capital Is There?.
For Sturgeon Bay entrepreneurs who need startup capital, check out our List of Wisconsin Angel Investors and our List of Wisconsin Venture Capital Firms.
Next Steps
Most new Sturgeon Bay businesses underestimate the number of challenges they will face.
Owning your own business will be a daunting task, but you can do it.
Our goal here is to promote the vitality and growth of small businesses in Sturgeon Bay 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 Sturgeon Bay, Wisconsin
Here are more links that we believe will help you be successful in starting a business in Sturgeon Bay.
- Resources for Sturgeon Bay, Wisconsin Entrepreneurs - Browse a variety of resources we've collected to assist Sturgeon Bay 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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