Georgia Business Startup Guides
Opening a Business in Ashburn, Georgia
Contemplating starting a business in Ashburn, Georgia? We walk you through the process of opening a business in Ashburn.
Are You Sure You Want to Do This?
Most startup ventures do not succeed, in part because the entrepreneur did not have the tenacity and/or the skills to succeed. So, before jumping into the world of entrepreneurship, consider all of the implications of being an entrepreneur.
Here are three things we recommend you do before you fully commit to starting a new business of your own.
- Talk to other entrepreneurs in Ashburn. Ask them candidly what it's like to run a business.
- We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
- Get feedback from somebody whom you trust. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.
Ashburn, Georgia Demographic Information
Ashburn has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Ashburn demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Ashburn.
As a new Ashburn entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Ashburn 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.
Company Formation in Ashburn, Georgia
It's essential that your business is formed as a legal entity that is separate from its owners. Among other things, forming a legal entity for the business limits your liabilities.
When forming a company, you will choose from many company types, such as 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. Just because you are starting a business in Georgia, you don't necessarily have to incorporate in Georgia. In fact, you are allowed to incorporate wherever you want. 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 Where to Incorporate. You should also consider getting professional assistance from your business lawyer. On a final note, since you will be starting a business in Ashburn, Georgia, our web page covering Incorporating in Georgia may be a useful resource if you decide to incorporate in Georgia.
Make Sure You Have a Business Plan
A business plan is critical to the health of your new business. Simply put, your business plan is your game plan for how you hope to grow your business. Failure to write a business plan is a recipe for disaster.
If writing a business plan is on your to-do list, be sure to read Expert Advice on Business Plans. A great resource for business planning assistance is the free counseling sessions provided by your local SCORE chapter in Georgia.
Raising Capital for Your Company
Raising money to fund your new Ashburn business is not an easy task. The reality is that there is very little funding available for new small businesses, and you have to explore every possible alternative.
To learn about raising money, we recommend you read the fundraising articles on our site, such as Getting a Small Business Loan.
Marketing Your New Company
To rise above the crowd in Ashburn and build your business, you need a excellent marketing plan.
You can learn quite a bit about marketing on our site. Viral Marketing discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.
Most new Ashburn businesses underestimate the number of challenges they will face.
From this point on, you control your own destiny.
This site is all about helping entrepreneurs in Ashburn and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Ashburn 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 Ashburn, Georgia
Here are more links that we believe will help you be successful in starting a business in Ashburn.
- Resources for Ashburn, Georgia Entrepreneurs - Browse a variety of resources we've collected to assist Ashburn entrepreneurs.
- Georgia Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Georgia.
- Georgia Small Business Development Center - The Georgia SBDC program helps Georgia entrepreneurs with developing business plans, providing financial analysis, identifying sources of capital, and assessing marketing strategies.
More Business Startup Guides for Georgia
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