August 11, 2020  
 
  Entrepreneurial Resources - Advice for Ohio Entrepreneurs  
  Archbold, Ohio Resources for Entrepreneurs  
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Open a Business in Archbold, Ohio

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

Will You Be a Good Entrepreneur?

Most new businesses fail, in part because the founder did not have the entrepreneurial skills and traits needed to succeed. So, before jumping into the world of entrepreneurship, consider all of the implications of being an entrepreneur.

To determine whether you have what it takes to run a business, we recommend these three steps to help you decide:

  • Speak with other entrepreneurs in Archbold. They are usually very willing to share their insights on the ups and downs of being an entrepreneur.
  • You should read Starting a Company. It's a good read for those who are thinking about becoming an entrepreneur.
  • Talk it over with a close friend or partner. Others sometimes know you better than you know yourself.

What Business to 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 Business Ideas That Don't Make Sense.

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 Fundraising Consultants & Organizations Business guide or our Starting an Industrial & Trade School guide.

Remember that your new startup will be located in Archbold. If Archbold already has plenty of the kind of business you want to start, you might want to change your plans. A critical consideration is whether Archbold demographics mesh well with your startup concept.

Archbold, Ohio Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 279
5-9 Employees 192
10-19 Employees 126
20-49 Employees 99
50-99 Employees 36
100-249 Employees 39
250-499 Employees 9
500-999 Employees 0
1000+ Employees 3
All Archbold Businesses 783

As a new Archbold entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Archbold 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
Animal (except Poultry) Slaughtering 1
Architectural Services 1
Automotive Glass Replacement Shops 1
Bowling Centers 2
Business Associations 1
Car Washes 3
Child and Youth Services 1
Child Day Care Services 2
Commercial Lithographic Printing 1
Commercial Screen Printing 2
Computer and Software Stores 1
Computer Systems Design Services 1
Custom Computer Programming Services 1
Custom Roll Forming 1
Cut Stock, Resawing Lumber, and Planing 1
Electrical Contractors 2
Engineering Services 1
Family Clothing Stores 1
Farm Supplies Merchant Wholesalers 2
Finish Carpentry Contractors 2
Fitness and Recreational Sports Centers 2
Floor Covering Stores 1
Flooring Contractors 1
Florists 3
Food (Health) Supplement Stores 1
Freight Transportation Arrangement 1
Frozen Specialty Food Manufacturing 1
Full-Service Restaurants 5
Funeral Homes and Funeral Services 1
Furniture Stores 2
General Automotive Repair 4
General Freight Trucking, Local 2
General Rental Centers 1
General Warehousing and Storage 1
Gift, Novelty, and Souvenir Stores 3
Hardware Manufacturing 1
Hardware Merchant Wholesalers 1
Hardware Stores 1
Home Health Care Services 3
Household Appliance Stores 1
Institutional Furniture Manufacturing 1
Insurance Agencies and Brokerages 7
Internet Service Providers 1
Investment Advice 1
Janitorial Services 1
Landscape Architectural Services 1
Lessors of Other Real Estate Property 1
Limited-Service Restaurants 9
Meat Processed from Carcasses 1
Museums 1
New Car Dealers 5
New Housing Operative Builders 1
Newspaper Publishers 2
Nursing Care Facilities 1
Offices of Bank Holding Companies 1
Offices of Certified Public Accountants 3
Offices of Chiropractors 1
Offices of Dentists 2
Offices of Lawyers 2
Offices of Optometrists 2
Offices of Real Estate Appraisers 1
Outdoor Power Equipment Stores 1
Pharmacies and Drug Stores 2
Photography Studios, Portrait 1
Radio Stations 1
Real Estate Credit 1
Retail Bakeries 2
Roofing Contractors 2
Securities Brokerage 3
Sheet Metal Work Manufacturing 1
Site Preparation Contractors 4
Snack and Nonalcoholic Beverage Bars 1
Solid Waste Collection 1
Solid Waste Landfill 1
Special Needs Transportation 1
Specialty Canning 1
Spring (Heavy Gauge) Manufacturing 1
Spring (Light Gauge) Manufacturing 1
Temporary Help Services 2
Used Merchandise Stores 3
Veterinary Services 3
Video Tape and Disc Rental 1
Vocational Rehabilitation Services 1
Wholesale Trade Agents and Brokers 5
Wired Telecommunications Carriers 1

Is Buying an Existing Archbold Business a Good Strategy?

If you have some capital to play with, you may want to Buy a Business in Ohio. Follow that link and you can review several good businesses for sale in Archbold.

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

Where to Get Money to Start a Company

Obtaining startup financing for your Archbold business will be harder than you might expect. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.

Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled 504 Loans.

For Archbold entrepreneurs in need of startup financing, we have assembled a List of Ohio Angel Investors and our List of Ohio Venture Capital Firms.

Marketing Your New Company

Whether your goal is to attract Archbold customers or you plan on selling elsewhere, you need a excellent marketing plan.

We have some helpful resources on this site for entrepreneurs who are working on marketing plans. Avoiding Bad Product Launches 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.

What's Next?

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

Owning your own business will be a daunting task, but you can do it.

We are here to help Archbold 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 Archbold, Ohio

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

  • Resources for Archbold, Ohio Entrepreneurs - Browse a variety of resources we've collected to assist Archbold entrepreneurs.
  • Ohio Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Ohio.
  • Ohio Small Business Development Center - Whether you're starting your business, expanding your business, or just looking to stay in business, the Small Business Development Centers of Ohio (SBDCs of Ohio) can help with professional guidance by connecting you with research, financing sources, and training opportunities.
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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