Arizona Business Startup Guides
Starting a Business in Arizona City, Arizona
Thinking about starting a business in Arizona City, Arizona? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Arizona City.
Will You Be a Good Entrepreneur?
An entrepreneurial life is hard work, much harder than working as an employee. Are you certain you have the stamina and skills to succeed on your own?
Because entrepreneurship is not for everyone, we recommend you do the following to help you assess whether you should move forward with starting a business:
- Talk to other entrepreneurs in Arizona City. They are usually very willing to share their insights on the ups and downs of being an entrepreneur.
- We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
- Get feedback from somebody whom you trust. Others sometimes know you better than you know yourself.
Arizona City, Arizona Demographic Information
Arizona City has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Arizona City demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Arizona City.
As a new Arizona City entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Arizona City 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.
Should You Franchise?
As you drive around Arizona City, you'll see that franchises make up a large percentage of local businesses. But is franchising the right option for you?
Our advice is to consider franchising as an option. We have many articles on franchises, such as Benefits of Owning A Franchise. Get a thorough education on franchising by browsing all of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Sample franchise opportunities include Denny's Inc. and All American Deli & Ice Cream Shops. Alternatively, you can browse franchise categories, such as Home Furnishings Franchises and Automotive Services Franchises.
Note on Arizona City Franchise Opportunities: To find out if a franchise you are interested in is available in Arizona City, you will need to get in direct contact with the franchisor.
Company Formation in Arizona City, Arizona
It's essential that you are forming a legal entity that operates independently from you. Doing so will insulate 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 Arizona, it doesn't mean you are required to incorporate in Arizona. 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's a lot to know about forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Why Incorporate in Delaware. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Arizona City, Arizona, our information on Incorporating in Arizona may be a useful resource if you decide to incorporate in Arizona.
Getting the Word Out About Your New Company
Whether your goal is to attract Arizona City customers or you plan on selling elsewhere, you need a great marketing plan.
We have some great resources on this site for entrepreneurs who are working on marketing plans. PR Versus Advertising is an article that will stimulate a few thoughts on your marketing plan. That's just a sampling of the many useful articles we have on Marketing a Small Business.
The Art of Selling
Do you know how to sell? In order to attract customers to your new Arizona City business, you need to focus on sales.
So what does it take to bring in more prospects and close more business? Fortunately, we've got plenty of good advice to help you improve your selling skills.
As an entrepreneur in Arizona City, you won't be working for the boss anymore. You are the boss.
If you choose the right business and love what you do, you will greatly increase your odds of success.
We are here to help Arizona City businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Arizona City, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Arizona City, Arizona
Here are more links that we believe will help you be successful in starting a business in Arizona City.
- Resources for Arizona City, Arizona Entrepreneurs - Browse a variety of resources we've collected to assist Arizona City entrepreneurs.
- Arizona Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Arizona.
- Arizona Small Business Development Center - Arizona’s Small Business Development Center Network is an innovative partnership between the state’s ten community college districts and the U.S. Small Business Administration. The network is the largest and most accessible source of assistance to Arizona businesses with fewer than 200 employees.
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