Georgia Business Startup Guides
Open a Business in Union City, Georgia
Need help starting a business in Union City, Georgia? We've got the information you need to open a business in Union City.
Are You Ready for Entrepreneurship?
Before announcing to the world that you are going to start your own business, take inventory of your entrepreneurial instincts and capabilities.
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 Union City. Listen closely to their experiences and see if you think you too can be successful.
- 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. Ask them directly: Do I have what it takes to be an entrepreneur? Listen carefully to their answer, as they presumably know your strengths and weaknesses.
Union City, Georgia Demographic Information
Union City has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Union City demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Union City.
Businesses
As a new Union City entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Union City 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
Naming the Company
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?
For other considerations regarding naming a company, we recommend this article: Naming a Business.
As a final piece of advice, remember that because you are opening a business in Union City, it's very important that you make sure you will be the only Georgia company using the business name you have chosen.
Forming a Company in Union City, Georgia
It's very important 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.
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. A key decision is whether to form and S-Corp or a C-Corp, and you also must decide in which state you will incorporate. If you are starting a business in Georgia, it doesn't mean you are required to incorporate in Georgia. In fact, you are allowed to incorporate in the state of your choosing. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.
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 Incorporation Advice. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Union City, Georgia, our information on Incorporating in Georgia may be a useful resource if you decide to incorporate in Georgia.
Where to Get Money to Start a Company
Finding the funds to fuel the growth of your Union City business requires strong organization skills and perseverance. 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 SBIR Funding.
For Union City entrepreneurs with great ambition but a shortage of investment capital, you'll want to take a look at our List of Georgia Angel Investors and our List of Georgia Venture Capital Firms.
Selling Tips
Being able to sell is critical to your business success. Whether you are focused on selling local customers in Union City or are selling to customers throughout Georgia, the United States or even the world, you have to be able to sell.
Why should customers buy from you instead of buying from competitors? The good news is we can help you to make selling a big competitve advantage for your new firm.
Writing Great Proposals 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.
Never Give Up
You have a dream -- starting a business in Union City. 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.
Our goal here is to promote the vitality and growth of small businesses in Union City and throughout the United States . We believe entrepreneurship is an amazing engine for job creation in Union City, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Union City, Georgia
Here are more links that we believe will help you be successful in starting a business in Union City.
- Resources for Union City, Georgia Entrepreneurs - Browse a variety of resources we've collected to assist Union City entrepreneurs.
- Georgia Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Georgia.
- Georgia Small Business Development Center - The Georgia SBDC program helps Georgia entrepreneurs with developing business plans, providing financial analysis, identifying sources of capital, and assessing marketing strategies.
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