Florida Business Startup Guides

Open a Business in Valrico, Florida

Need help starting a business in Valrico, Florida? We've got the information you need to open a business in Valrico.

Is Becoming an Entrepreneur Right for You?

Most startup ventures do not succeed, in part because the business owner did not have the perseverance and abilities that are necessary to succeed. So, before you start your business, consider all of the implications of being an entrepreneur.

While entrepreneurship has become a popular career choice, we recommend you do the following before you take the plunge:

  • Grab a meal or cofee with other entrepreneurs in Valrico. Get their take on what it's really like to be an entrepreneur.
  • Take a look at Starting a Company. It's a short article but it's a good reality check for those are about to jump into the world of entrepreneurship.
  • Talk it over with a close friend or partner. That's the best way to get a truly objective assessment as to whether others think you have what it takes.

What Type of Business Should You Start?

An important decision is what kind of business you want to start. To stir your creative juices on what kind of business to start, take a look at Good Business Ideas.

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 How to Start a Native American Goods Business guide or our Starting an Environmental Control Systems Business guide.

Don't forget that your new startup will be located in Valrico. The business you want to start may already be well-represented in Valrico. Make sure you fully understand Valrico demographics before you lock in on your business idea.

Valrico, Florida Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
1957
5-9 Employees
303
10-19 Employees
207
20-49 Employees
105
50-99 Employees
33
100-249 Employees
24
250-499 Employees
0
500-999 Employees
0
1000+ Employees
0
All Valrico Businesses
2629

As a new Valrico entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Valrico 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
Advertising Agencies
2
Appliance Repair and Maintenance
2
Architectural Services
1
Automotive Glass Replacement Shops
1
Automotive Parts and Accessories Stores
5
Barber Shops
1
Beauty Salons
10
Book Publishers
1
Building Inspection Services
1
Business Associations
1
Cafeterias
2
Car Washes
1
Carpet and Upholstery Cleaning Services
3
Caterers
1
Child Day Care Services
14
Children's and Infants' Clothing Stores
1
Civic and Social Organizations
1
Claims Adjusting
2
Clothing Accessories Stores
1
Coin-Operated Laundries and Drycleaners
1
Commercial Bakeries
1
Computer and Software Stores
3
Computer Facilities Management Services
2
Computer Systems Design Services
12
Consumer Lending
1
Continuing Care Retirement Communities
1
Couriers
2
Court Reporting and Stenotype Services
2
Custom Computer Programming Services
7
Dental Laboratories
1
Diagnostic Imaging Centers
1
Diet and Weight Reducing Centers
1
Discount Department Stores
1
Document Preparation Services
4
Drafting Services
1
Drywall and Insulation Contractors
7
Electrical Contractors
9
Electronic Shopping
4
Elementary and Secondary Schools
1
Employment Placement Agencies
2
Engineering Services
10
Environmental Consulting Services
4
Exterminating and Pest Control Services
4
Family Clothing Stores
1
Farm Supplies Merchant Wholesalers
1
Finish Carpentry Contractors
9
Fitness and Recreational Sports Centers
6
Floor Covering Stores
1
Flooring Contractors
4
Food (Health) Supplement Stores
3
Food Service Contractors
1
Framing Contractors
2
Freight Transportation Arrangement
3
Full-Service Restaurants
16
Furniture Stores
2
General Automotive Repair
1
Gift, Novelty, and Souvenir Stores
6
Golf Courses and Country Clubs
4
Graphic Design Services
1
Hardware Merchant Wholesalers
1
Hobby, Toy, and Game Stores
3
Industrial Design Services
1
Insurance Agencies and Brokerages
17
Investment Advice
3
Janitorial Services
18
Jewelry Stores
4
Land Subdivision
1
Landscape Architectural Services
1
Landscaping Services
25
Lessors of Other Real Estate Property
8
Local Messengers and Local Delivery
2
Marinas
1
Marketing Consulting Services
10
Masonry Contractors
2
Mobile Food Services
1
Mortgage and Nonmortgage Loan Brokers
5
Motion Picture and Video Production
1
Musical Groups and Artists
2
Nail Salons
1
Navigational Services to Shipping
2
New Housing Operative Builders
3
Newspaper Publishers
1
Office Administrative Services
4
Office Equipment Merchant Wholesalers
2
Offices of Chiropractors
3
Offices of Dentists
10
Offices of Lawyers
7
Offices of Optometrists
1
Offices of Podiatrists
1
Offices of Real Estate Appraisers
4
Outdoor Power Equipment Stores
1
Paging
1
Paint and Wallpaper Stores
1
Painting and Wall Covering Contractors
8
Periodical Publishers
1
Pet and Pet Supplies Stores
3
Pet Care (except Veterinary) Services
4
Pharmacies and Drug Stores
4
Professional Employer Organizations
1
Professional Organizations
1
Quick Printing
1
Ready-Mix Concrete Manufacturing
1
Real Estate Credit
10
Recreational Goods Rental
2
Recreational Vehicle Dealers
1
Remediation Services
1
Residential Property Managers
4
Residential Remodelers
9
Reupholstery and Furniture Repair
2
Roofing Contractors
3
Savings Institutions
1
Scheduled Passenger Air Transportation
1
Shoe Stores
1
Siding Contractors
1
Site Preparation Contractors
5
Snack and Nonalcoholic Beverage Bars
5
Sporting Goods Stores
3
Sports and Recreation Instruction
1
Support Activities for Forestry
1
Temporary Help Services
1
Testing Laboratories
1
Tile and Terrazzo Contractors
8
Tire Dealers
3
Title Abstract and Settlement Offices
2
Used Merchandise Stores
1
Vending Machine Operators
1
Video Tape and Disc Rental
3
Vocational Rehabilitation Services
2
Wholesale Trade Agents and Brokers
13
Wood Window and Door Manufacturing
1

Selecting a Name For Your Venture

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: Branding Advice.

As a final piece of advice, remember that because you are opening a business in Valrico, it's imperative that you check now that no other Florida company is using the business name you want to use.

Company Formation in Valrico, Florida

It's essential that you are forming a legal entity that operates independently from you. Doing so will insulate you from personal liability for business debts and obligations.

The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.

Incorporating 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. Just because you are starting a business in Florida, you don't necessarily have to incorporate in Florida. In fact, you can 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's a lot to know about forming a company. To learn the fundamentals of company formation, browse articles on our site, such as Getting an EIN. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Valrico, Florida, our information on Incorporating in Florida may be a useful resource if you decide to incorporate in Florida.

Raising Money for Your New Venture

Getting your Valrico business the capital it needs to succeed is a difficult chore. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.

To learn about raising money, we recommend you read the fundraising articles on our site, such as Realistic Debt Financing Options.

For Valrico entrepreneurs on the hunt for startup funding, we have assembled a List of Florida Angel Investors and our List of Florida Venture Capital Firms.

Building Up Your Sales

Mastering the art of selling is a must if you want your new Valrico business to do well.

Why should customers buy from you instead of buying from competitors? Fortunately, we've got plenty of good advice to help you improve your selling skills.

Compensating Sales People offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.

Moving Forward

Most new Valrico businesses underestimate the number of challenges they will face.

If you choose the right business and love what you do, you will greatly increase your odds of success.

This site is all about helping entrepreneurs in Valrico and elsewhere to achieve real success. 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 Valrico, Florida

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

  • Resources for Valrico, Florida Entrepreneurs - Browse a variety of resources we've collected to assist Valrico entrepreneurs.
  • Florida Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Florida.
  • Florida Small Business Development Center - The Florida Small Business Development Center Network (FSBDCN) is a statewide economic development partnership between higher education and other stakeholder organizations dedicated to providing entrepreneurs and established businesses with the assistance needed to start, grow and succeed, contributing to the Florida economy.

More Business Startup Guides for Florida

Starting a Business in Umatilla
Starting a Business in Venice

Browse All Business Startup Guides for Florida
Starting a Business Guides for Other States

 

 

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary