January 25, 2021  
 
  Entrepreneurial Resources - Advice for North Carolina Entrepreneurs  
  Albemarle, North Carolina Resources for Entrepreneurs  
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Open a Business in Albemarle, North Carolina

Need help starting a business in Albemarle, North Carolina? We've got the information you need to open a business in Albemarle.

Choosing the Right Company to Start

An important decision is what kind of business you want to start. You might get some good ideas about what kind of business to start by reading Free Business Ideas.

If you still are not sure what type of business to start, peruse the Good Businesses to Start section of our site. For example, you might be interested in our Starting an Urology Physicians & Surgeons Practice guide or our How to Start a Group Insurance Business guide.

Always keep in mind that you are starting a business in Albemarle. If Albemarle already has plenty of the kind of business you want to start, you might want to change your plans. Only by spending some time analyzing Albemarle demographics can you decide if there will be strong demand for your business idea.

Albemarle, North Carolina Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 1203
5-9 Employees 462
10-19 Employees 348
20-49 Employees 204
50-99 Employees 72
100-249 Employees 42
250-499 Employees 3
500-999 Employees 3
1000+ Employees 0
All Albemarle Businesses 2337

As a new Albemarle entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Albemarle 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
Animal (except Poultry) Slaughtering 1
Appliance Repair and Maintenance 2
Architectural Services 1
Art Dealers 1
Automobile Driving Schools 1
Automotive Glass Replacement Shops 2
Automotive Parts and Accessories Stores 8
Beauty Salons 5
Beer, Wine, and Liquor Stores 2
Boat Dealers 3
Book Stores 1
Bowling Centers 1
Broadwoven Fabric Mills 1
Business Associations 2
Cafeterias 1
Car Washes 2
Carpet and Rug Mills 1
Cemeteries and Crematories 2
Child and Youth Services 3
Child Day Care Services 17
Civic and Social Organizations 1
Coin-Operated Laundries and Drycleaners 1
Commercial Lithographic Printing 1
Community Food Services 1
Computer and Software Stores 1
Computer Systems Design Services 2
Concrete Block and Brick Manufacturing 1
Consumer Lending 5
Convenience Stores 1
Convention and Visitors Bureaus 1
Credit Unions 1
Custom Computer Programming Services 1
Direct Title Insurance Carriers 1
Discount Department Stores 1
Educational Support Services 1
Electrical Contractors 8
Electronic Shopping 1
Emergency and Other Relief Services 1
Engineering Services 2
Environmental Consulting Services 1
Exam Preparation and Tutoring 1
Exterminating and Pest Control Services 1
Family Clothing Stores 3
Farm Supplies Merchant Wholesalers 1
Finish Carpentry Contractors 3
Fitness and Recreational Sports Centers 3
Floor Covering Stores 3
Flooring Contractors 1
Florists 4
Food (Health) Supplement Stores 2
Food Service Contractors 3
Framing Contractors 1
Fruit and Vegetable Markets 1
Full-Service Restaurants 28
Funeral Homes and Funeral Services 3
Furniture Merchant Wholesalers 1
Furniture Stores 3
General Automotive Repair 6
General Freight Trucking, Local 2
General Medical and Surgical Hospitals 1
General Rental Centers 3
Gift, Novelty, and Souvenir Stores 2
Heating Oil Dealers 1
Home Centers 1
Home Furnishing Merchant Wholesalers 1
Home Health Care Services 5
Home Health Equipment Rental 2
Homes for the Elderly 3
Household Appliance Stores 4
Insurance Agencies and Brokerages 10
Interior Design Services 1
Janitorial Services 5
Jewelry Stores 5
Kidney Dialysis Centers 1
Land Subdivision 2
Landscape Architectural Services 1
Landscaping Services 9
Limited-Service Restaurants 22
Locksmiths 1
Logging 3
Machine Shops 2
Manufactured (Mobile) Home Dealers 2
Masonry Contractors 5
Meat Markets 1
Metal Window and Door Manufacturing 1
Mortgage and Nonmortgage Loan Brokers 2
Motor Vehicle Body Manufacturing 1
Motor Vehicle Towing 1
Motorcycle Dealers 2
Musical Instrument and Supplies Stores 1
New Car Dealers 4
Newspaper Publishers 1
Nursing Care Facilities 4
Office Supplies and Stationery Stores 1
Offices of Bank Holding Companies 1
Offices of Certified Public Accountants 5
Offices of Chiropractors 4
Offices of Dentists 8
Offices of Lawyers 17
Offices of Optometrists 3
Offices of Podiatrists 2
Offices of Real Estate Appraisers 2
Outdoor Power Equipment Stores 1
Outerwear Knitting Mills 1
Paint and Wallpaper Stores 1
Painting and Wall Covering Contractors 2
Pet and Pet Supplies Stores 1
Petroleum Bulk Stations and Terminals 4
Pharmacies and Drug Stores 5
Photography Studios, Portrait 1
Poultry Processing 1
Radio Stations 1
Ready-Mix Concrete Manufacturing 2
Real Estate Credit 1
Recreational Vehicle Dealers 1
Residential Remodelers 2
Retail Bakeries 1
Reupholstery and Furniture Repair 1
Roofing Contractors 2
Savings Institutions 1
Sawmills 1
Securities Brokerage 2
Security Guards and Patrol Services 1
Shoe Stores 3
Siding Contractors 2
Sign Manufacturing 1
Site Preparation Contractors 4
Snack and Nonalcoholic Beverage Bars 1
Soap and Other Detergent Manufacturing 1
Software Publishers 1
Sporting Goods Stores 1
Sports and Recreation Instruction 1
Tax Preparation Services 4
Telephone Answering Services 1
Temporary Help Services 4
Tile and Terrazzo Contractors 1
Tire Dealers 5
Tobacco Stores 2
Truss Manufacturing 1
Used Car Dealers 8
Used Merchandise Stores 1
Vending Machine Operators 1
Veterinary Services 2
Video Tape and Disc Rental 2
Vocational Rehabilitation Services 2
Weft Knit Fabric Mills 1
Wholesale Trade Agents and Brokers 3
Wired Telecommunications Carriers 1
Women's Clothing Stores 2
Wood Container and Pallet Manufacturing 1
Wood Preservation 1
Wood Window and Door Manufacturing 1

Is Buying an Existing Albemarle Business a Good Strategy?

An excellent way to get started in business is to Buy a Business in North Carolina. Follow that link and you may find several good businesses for sale in Albemarle.

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

Forming a Company in Albemarle, North Carolina

It's essential 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 traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.

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 North Carolina, you don't necessarily have to incorporate in North Carolina. 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 are many nuances to forming a company. To learn the fundamentals of company formation, browse articles on our site, such as ESOP Formation. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Albemarle, North Carolina, our information on Incorporating in North Carolina may be a useful resource if you decide to incorporate in North Carolina.

Getting Money to Start a Business

Getting your Albemarle business the capital it needs to succeed is very difficult due to the ongoing business credit crunch. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.

Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled Angel Investors.

For Albemarle entrepreneurs who need startup capital, check out our List of North Carolina Angel Investors and our List of North Carolina Venture Capital Firms.

Marketing Your New Venture

Whether your goal is to attract Albemarle customers or you plan on selling elsewhere, having an excellent marketing plan is fundamental to your succeeding.

We have some excellent resources on this site for entrepreneurs who are working on marketing plans. Elevator Advertising discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. That's just a sampling of the many useful articles we have on Marketing a Small Business.

Moving Forward

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

From this point on, you control your own destiny.

We are here to help Albemarle 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 Albemarle, North Carolina

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

 

 

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