August 3, 2020  
 
  Entrepreneurial Resources - Advice for Illinois Entrepreneurs  
  Bartlett, Illinois Resources for Entrepreneurs  
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Start a Business in Bartlett, Illinois

Are you starting a business in Bartlett, Illinois? This article discusses the most important things to consider when opening a business in Bartlett.

Are You Sure You Want to Do This?

Most new businesses fail, in part because the entrepreneur did not have the perseverance and abilities that are necessary to succeed. So, before you open a business, 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.

  • Speak with other entrepreneurs in Bartlett. Ask them candidly what it's like to run a business.
  • 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. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.

Bartlett, Illinois Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 8235
5-9 Employees 1710
10-19 Employees 1305
20-49 Employees 795
50-99 Employees 135
100-249 Employees 225
250-499 Employees 15
500-999 Employees 0
1000+ Employees 15
All Bartlett Businesses 12435

As a new Bartlett entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Bartlett 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
Advertising Agencies 2
Amusement Arcades 1
Architectural Services 3
Automotive Parts and Accessories Stores 3
Automotive Transmission Repair 1
Baked Goods Stores 2
Barber Shops 3
Beauty Salons 14
Beer, Wine, and Liquor Stores 1
Building Inspection Services 3
Business Associations 1
Car Washes 1
Carpet and Upholstery Cleaning Services 2
Child and Youth Services 1
Child Day Care Services 6
Claims Adjusting 1
Commercial Photography 2
Commercial Screen Printing 1
Commodity Contracts Brokerage 1
Computer Facilities Management Services 1
Computer Systems Design Services 16
Confectionery Merchant Wholesalers 1
Construction Sand and Gravel Mining 2
Convenience Stores 1
Convention and Trade Show Organizers 1
Cosmetology and Barber Schools 1
Couriers 1
Custom Computer Programming Services 14
Dental Laboratories 4
Direct Life Insurance Carriers 1
Display Advertising 1
Document Preparation Services 2
Drafting Services 1
Drinking Places (Alcoholic Beverages) 3
Drywall and Insulation Contractors 4
Educational Support Services 1
Electrical Contractors 13
Elementary and Secondary Schools 2
Employment Placement Agencies 1
Engineering Services 9
Environmental Consulting Services 1
Exam Preparation and Tutoring 3
Facilities Support Services 1
Family Clothing Stores 2
Fine Arts Schools 2
Finish Carpentry Contractors 12
Fitness and Recreational Sports Centers 2
Floor Covering Stores 1
Flooring Contractors 4
Food Service Contractors 1
Framing Contractors 2
Freight Transportation Arrangement 5
Full-Service Restaurants 22
Funeral Homes and Funeral Services 1
Furniture Stores 4
General Automotive Repair 7
General Freight Trucking, Local 10
General Rental Centers 1
General Warehousing and Storage 3
Gift, Novelty, and Souvenir Stores 2
Golf Courses and Country Clubs 1
Graphic Design Services 5
Hardware Merchant Wholesalers 1
Hardware Stores 2
Hobby, Toy, and Game Stores 1
Home Centers 1
Home Health Care Services 2
Household Appliance Stores 1
Industrial Building Construction 1
Insurance Agencies and Brokerages 16
Interior Design Services 1
Investment Advice 2
Janitorial Services 17
Jewelry Stores 3
Landscape Architectural Services 2
Landscaping Services 14
Lessors of Other Real Estate Property 2
Limited-Service Restaurants 31
Local Messengers and Local Delivery 1
Manifold Business Forms Printing 1
Marketing Consulting Services 7
Marking Device Manufacturing 1
Masonry Contractors 2
Mortgage and Nonmortgage Loan Brokers 4
Motion Picture and Video Production 2
Motor Vehicle Metal Stamping 1
Motor Vehicle Towing 2
New Housing Operative Builders 2
Newspaper Publishers 1
Nonresidential Property Managers 1
Office Administrative Services 2
Offices of Certified Public Accountants 4
Offices of Chiropractors 7
Offices of Dentists 21
Offices of Lawyers 2
Offices of Optometrists 4
Offices of Podiatrists 3
Offices of Real Estate Appraisers 4
Ophthalmic Goods Merchant Wholesalers 1
Optical Goods Stores 1
Packing and Crating 1
Paint and Wallpaper Stores 2
Painting and Wall Covering Contractors 11
Pet and Pet Supplies Stores 2
Pet Care (except Veterinary) Services 2
Pharmacies and Drug Stores 4
Photography Studios, Portrait 1
Portfolio Management 2
Professional Organizations 1
Ready-Mix Concrete Manufacturing 1
Real Estate Credit 1
Recreational Vehicle Dealers 2
Refrigerated Warehousing and Storage 1
Remediation Services 1
Residential Property Managers 1
Residential Remodelers 19
Retail Bakeries 1
Reupholstery and Furniture Repair 1
Roofing Contractors 1
Savings Institutions 2
Securities Brokerage 3
Siding Contractors 6
Site Preparation Contractors 3
Skiing Facilities 1
Snack and Nonalcoholic Beverage Bars 5
Sporting Goods Stores 2
Sports and Recreation Instruction 2
Tax Preparation Services 3
Taxi Service 1
Temporary Help Services 2
Testing Laboratories 1
Tile and Terrazzo Contractors 3
Tire Dealers 2
Travel Agencies 2
Used Household and Office Goods Moving 2
Vending Machine Operators 2
Veterinary Services 4
Video Tape and Disc Rental 3
Wholesale Trade Agents and Brokers 15
Wired Telecommunications Carriers 1

What About Buying an Existing Bartlett Business?

An excellent way to get started in business is to Buy a Business in Illinois. Follow that link and you may find several good businesses for sale in Bartlett.

If you are intent on buying a business, you may want to read this article: How to Buy a Business.

Picking a Business Name

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.

Company names should be fun to say, and they should help people to understand what you do and how you differentiate yourself in the market.

To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Business.

As a final piece of advice, remember that because you are opening a business in Bartlett, it's imperative that you check now that your company name has not already been claimed by another Illinois business.

Make Sure You Have a Business Plan

Having a business plan is vital in laying a solid foundation for your business success. Simply put, your business plan is your game plan for how you hope to grow your business. Failure to write a business plan makes you more prone to becoming a business failure statistic.

To learn more about business plans, read The Art of the Executive Summary. A great resource for business planning assistance is the free counseling sessions provided by your local SCORE chapter in Illinois.

Where to Get Money to Start a Company

Raising money to fund your new Bartlett business is very difficult due to the ongoing business credit crunch. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.

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

For Bartlett entrepreneurs who want to raise money for a new venture, check out our List of Illinois Angel Investors and our List of Illinois Venture Capital Firms.

Building Up Your Sales

Mastering the art of selling is essential if you want your new Bartlett business to do well.

The key to selling is to set sales goals goals and monitor your progress towards those goals. Let us help you refine your selling techniques through our many useful sales advice tips.

Compensating Sales People is worth reading, as it may give you some good ideas on how to sell your products or services. We have many more good articles on selling that you may enjoy reading.

Next Steps

Most new Bartlett 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 Bartlett 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 Bartlett, Illinois

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

 

 

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