Virginia Business Startup Guides
Starting a Business in Ashland, Virginia
Thinking about starting a business in Ashland, Virginia? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Ashland.
Will You Be a Successful Entrepreneur?
Before quitting your day job, take inventory of your entrepreneurial instincts and capabilities.
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:
- Speak with other entrepreneurs in Ashland. 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.
Ashland, Virginia Demographic Information
Ashland has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Ashland demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Ashland.
As a new Ashland entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Ashland 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.
Naming the Business
A good company name can give a big boost to a new startup. It might seem like an easy thing to do, but there are many things to consider when naming a business.
Companies like Starbucks, Apple, Target, Microsoft and Intuit all have strong company names that are easy to remember and have become well-loved brands. Wouldn't it be nice if your new company name got on a similar track?
For other considerations regarding naming a company, we recommend this article: Naming a Company.
There's one other important factor when naming a business. Since you are planning on starting a business in Ashland, it's very important that you make sure no other Virginia company is using the business name you want to use.
Don't Skip the Business Plan
A business plan is vital in laying a solid foundation for your business success. Simply put, a business plan is a written description of the future you envision for your business. Failure to write a business plan is a recipe for disaster.
Startup Financing Basics
Getting your Ashland business the capital it needs to succeed is not an easy task. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.
The good news is this site contains dozens of articles on raising money, including one we recommend entitled Realistic Debt Financing Options.
Promoting Your New Business
Whether your goal is to attract Ashland customers or you plan on selling elsewhere, having an excellent marketing plan is fundamental to your beating the competition.
There are myriad resources on this site to help you with your marketing plan. National TV Spot Advertising Rates is a good read to get your marketing ideas flowing. That's just a taste of the many useful articles we have on Marketing a Small Business.
How to Sell
Being able to sell is essential to your business success. Whether you are focused on selling local customers in Ashland or are selling to customers throughout Virginia, the United States or even the world, you have to be able to sell.
Not knowing how to sell can result in lost customers and minimal market share. Fortunately, we've got plenty of good advice to help you improve your selling skills.
Hiring Telemarketing Firms to Generate Sales Leads offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.
You have a dream -- starting a business in Ashland. To achieve your dream, you have to persevere, even when the odds are against you.
If you choose the right business and love what you do, you will greatly increase your odds of success.
We are here to help Ashland 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 Ashland, Virginia
Here are more links that we believe will help you be successful in starting a business in Ashland.
- Resources for Ashland, Virginia Entrepreneurs - Browse a variety of resources we've collected to assist Ashland entrepreneurs.
- Virginia Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Virginia.
- Virginia Small Business Development Center - Virginia Small Business Development Centers offer professional business counseling, training and information resources to help grow and strengthen Virginia businesses.
More Business Startup Guides for Virginia
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