August 19, 2019  
 
  Entrepreneurial Resources - Advice for Iowa Entrepreneurs  
  West Bend, Iowa Resources for Entrepreneurs  
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Open a Business in West Bend, Iowa

Need help starting a business in West Bend, Iowa? We've got the information you need to open a business in West Bend.

Is Becoming an Entrepreneur Right for You?

Most new companies fail, in part because the entrepreneur did not have the perseverance and abilities that are necessary to succeed. So, before you open a business, consider all of the implications of being an entrepreneur.

Here are three things we recommend you do before you fully commit to starting a new business of your own.

  • Talk to other entrepreneurs in West Bend. Get their take on what it's really like to be an entrepreneur.
  • We recommend reading Characteristics of Successful Entrepreneurs. For aspiring new entrepreneurs, it's a must read article.
  • Seek the advice of somebody who knows you well. That's the best way to get a truly objective assessment as to whether others think you have what it takes.

What Business Are You Starting?

Choosing a business that is right for you is very important. We recommend that you read 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 Waste Treatment & Removal Service guide or our How to Start a Consulting Scientists Business guide.

Always keep in mind that starting a business in West Bend has some implications. Some businesses will do better in West Bend than others. Don't forget to review West Bend demographics to see if there's a market for what you want to sell.

West Bend, Iowa Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 204
5-9 Employees 48
10-19 Employees 72
20-49 Employees 12
50-99 Employees 0
100-249 Employees 6
250-499 Employees 0
500-999 Employees 0
1000+ Employees 0
All West Bend Businesses 342

As a new West Bend entrepreneur, you may also be interested in the table below. It shows how many businesses there are in West Bend 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
Amusement and Theme Parks 1
Automotive Parts and Accessories Stores 1
Beauty Salons 1
Beer, Wine, and Liquor Stores 1
Child Day Care Services 2
Drinking Places (Alcoholic Beverages) 2
Electrical Contractors 1
Elementary and Secondary Schools 1
Freight Transportation Arrangement 1
Full-Service Restaurants 1
Funeral Homes and Funeral Services 1
Furniture Stores 1
General Freight Trucking, Local 3
Hardware Stores 1
Historical Sites 1
Homes for the Elderly 1
Landscaping Services 1
Masonry Contractors 2
New Car Dealers 1
Newspaper Publishers 1
Offices of Chiropractors 1

Is Franchising a Better Option?

As you drive around West Bend, it becomes clear that purchasing a franchise is a common way to get started as an entrepreneur. But is franchising the right option for you?

Our recommendation is that you consider franchising as an option. To help you learn more about franchising, we've gathered a ton of articles on franchising, including Multi-Unit Franchising. Get a thorough education on franchising by browsing all of our Articles on Franchising.

You can review hundreds of franchise opportunities by browing our Franchise Directory.

Sample franchise opportunities include SportsLife and Your Office USA Inc. Alternatively, you can browse franchise categories, such as Children's Franchises and Pest Control Franchises.

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

What About Buying an Existing West Bend Business?

An excellent way to get started in business is to Buy a Business in Iowa. Follow that link and you can review several good businesses for sale in West Bend.

Before buying a business, be sure to read this article: Buying a Business.

Forming a Company in West Bend, Iowa

A critical step is ensuring that you form your business as a legal structure. Doing so will shield 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.

Incorporation 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 Iowa, you don't necessarily have to incorporate in Iowa. As it turns out, you can incorporate in any state you would like to. 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 Where to Incorporate. You may also want to seek the advice of an lawyer. Finally, if you are starting a business in West Bend, Iowa, our information on Incorporating in Iowa may be a useful resource if you decide to incorporate in Iowa.

Selling Tips

Mastering the art of selling is a must if you want your new West Bend 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.

Closing Sales Techniques is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.

Moving Forward

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

From this point on, you control your own destiny.

This site is all about helping entrepreneurs in West Bend and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in West Bend, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in West Bend, Iowa

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

  • Resources for West Bend, Iowa Entrepreneurs - Browse a variety of resources we've collected to assist West Bend entrepreneurs.
  • Iowa Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Iowa.
  • Iowa Small Business Development Center - The Iowa SBDC conducts research, counsels, and trains business people in management, financing, and operating small businesses. They provide comprehensive information services and access to experts in a variety of fields. This is a great resource for Iowa entrepreneurs!
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Additional Resources for Entrepreneurs

Buying a Business

Writing a Business Plan

Raising Money

Incorporate

Small Business Marketing

Advertising Advice

Public Relations -

Customer Service Tips

Entrepreneurial Selling

Workplace Safety