Wisconsin Business Startup Guides
Start a Business in Argyle, Wisconsin
Are you starting a business in Argyle, Wisconsin? This article discusses the most important things to consider when opening a business in Argyle.
Are You Ready for the Challenges of Being an Entrepreneur?
Running your own business is hard work, much harder than working as an employee. Are you positive you are ready to take on this challenge?
Here are three things we recommend you do before you fully commit to starting a new business of your own.
- Speak with other entrepreneurs in Argyle. Listen closely to their experiences and see if you think you too can be successful.
- You should read The Entrepreneurial Personality. It's a good read for those who are thinking about becoming an entrepreneur.
- Reach out to a trusted acquaintance. Ask them directly: Do I have what it takes to be an entrepreneur? Listen carefully to their answer, as they presumably know your strengths and weaknesses.
Argyle, Wisconsin Demographic Information
Argyle has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Argyle demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Argyle.
Businesses
As a new Argyle entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Argyle 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.
Businesses
What About Franchising Opportunities?
As you drive around Argyle, it's apparent that franchising has become a very popular way to start a business. Should you be giving franchising serious consideration?
Our recommendation is that you consider franchising as an option. This site has dozens of articles on franchising, such as Benefits of Owning A Franchise. 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 Allegra Print & Imaging and Lee Myles Transmissions and Autocare. Alternatively, you can browse franchise categories, such as Restaurant Services Franchises and Telecommunications Franchises.
Note on Argyle Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Argyle.
Company Formation in Argyle, Wisconsin
It's very important 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. 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 Wisconsin, you don't necessarily have to incorporate in Wisconsin. As it turns out, 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 Registered Agents. You may also want to seek the advice of an lawyer. Finally, if you are starting a business in Argyle, Wisconsin, our information on Incorporating in Wisconsin may be a useful resource if you decide to incorporate in Wisconsin.
Don't Skip the Business Plan
A business plan is essential in maximizing the prospects of your new company. In effect, a business plan is a written description of the future you envision for your business. Starting a business without a business plan is a recipe for disaster.
To learn more about business plans, read Reasons to Write a Business Plan. You should also take advantage of free business counselors available to you through your local SCORE chapter in Wisconsin.
Raising Capital for Your Venture
Getting your Argyle business the capital it needs to succeed is a difficult chore. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.
Take advantage of our many articles on finding startup capital, such as 504 Loans.
For Argyle entrepreneurs who need startup capital, check out our List of Wisconsin Angel Investors and our List of Wisconsin Venture Capital Firms.
Bring in Revenues
Do you know how to sell? In order to attract customers to your new Argyle business, you need to focus on sales.
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.
Sales Forecasting offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.
Never Give Up
As an entrepreneur in Argyle, you won't be working for the boss anymore. You are the boss.
From this point on, you control your own destiny.
We are here to help Argyle 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 Argyle, Wisconsin
Here are more links that we believe will help you be successful in starting a business in Argyle.
- Resources for Argyle, Wisconsin Entrepreneurs - Browse a variety of resources we've collected to assist Argyle entrepreneurs.
- Wisconsin Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Wisconsin.
- Wisconsin Small Business Development Center - Wisconsin Small Business Development Centers offer a variety of educational services to small-businesses. The low-cost courses, seminars, and workshops cover both basic and complex topics, from marketing to management techniques to business plan development.
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