Thinking about starting a business in Alum Creek, West Virginia? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Alum Creek.
Do You Have What It Takes?
Before quitting your day job, consider your entrepreneurial instincts and capabilities.
With so much at stake when you start a business, we strongly recommend you do the following before you proceed:
- Grab a meal or cofee with other entrepreneurs in Alum Creek. Get their candid feedback on what it takes to start a successful business.
- 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. A support network of family and friends can be a great sounding board for good advice before you decide for sure to go into business.
Which Business to Choose?
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 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 an Electric Equipment & Supplies Dealers Business guide or our Starting a Hydroponics Business guide.
Don't forget that your new startup will be located in Alum Creek. Some businesses will do better in Alum Creek than others. Make sure you fully understand Alum Creek demographics before you lock in on your business idea.
Alum Creek, West Virginia Demographic Information
Alum Creek has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Alum Creek demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Alum Creek.
|Business Size||# of|
|All Alum Creek Businesses
As a new Alum Creek entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Alum Creek 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.
Automotive Parts and Accessories Stores
Bituminous Coal Underground Mining
Funeral Homes and Funeral Services
Offices of Certified Public Accountants
Offices of Lawyers
Pharmacies and Drug Stores
Site Preparation Contractors
Support Activities for Coal Mining
Tile and Terrazzo Contractors
Wired Telecommunications Carriers
Is Franchising a Better Option?
As you drive around Alum Creek, you'll conclude that many business owners have opted to buy a franchise, rather than starting a business on their own. Evidently, there must be some significant advantages to purchasing a franchise.
We highly recommend you investigate buying a franchise. To help you learn more about franchising, we've gathered a ton of articles on franchising, including Understanding Franchise Contracts. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.
You can review hundreds of franchise opportunities by browing our Franchise Directory.
Sample franchise opportunities include Pretzelmaker Inc. and General Nutrition Centers / GNC Live Well. Alternatively, you can browse franchise categories, such as Children's Franchises and Kitchen Design Franchises.
Note on Alum Creek Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Alum Creek.
What About Buying an Existing Alum Creek Business?
If you have some capital to play with, you may want to Buy a Business in West Virginia. Follow that link and you can assess several good businesses for sale in Alum Creek.
If you are intent on buying a business, you may want to read this article: How to Buy a Business.
Don't Forget to Create a Business Plan
A business plan is vital in maximizing the prospects of your new company. Indeed, your business plan is your game plan for how you hope to grow your business. Starting a business without a business plan is a recipe for disaster.
If you want more information on writing business plans, we recommend reading Business Plan Contests. You can also get free business counselors available to you through your local SCORE chapter in West Virginia.
Bring in Revenues
Being able to sell is a key enabler to your business success. Whether you are focused on selling local customers in Alum Creek or are selling to customers throughout West Virginia, 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? Fortunately, we've got plenty of good advice to help you improve your selling skills.
Mastering the Complex Sale offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.
Now It's Up To You
You have a dream -- starting a business in Alum Creek. To achieve your dream, you have to persevere, even when the odds are against you.
From this point on, you control your own destiny.
This site is all about helping entrepreneurs in Alum Creek and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Alum Creek entrepreneur who is just getting started or you are already up and running with your new venture.
More Entrepreneurial Resources for Starting a Business in Alum Creek, West Virginia
Here are more links that we believe will help you be successful in starting a business in Alum Creek.