Michigan Business Startup Guides
Start a Business in Bellaire, Michigan
Are you starting a business in Bellaire, Michigan? This article discusses the most important things to consider when opening a business in Bellaire.
Are You Sure You Want to Do This?
Most startup ventures don't make it, in part because the entrepreneur did not have the entrepreneurial skills and traits needed 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.
- Talk to other entrepreneurs in Bellaire. Ask them candidly what it's like to run a business.
- We recommend reading Should You Become an Entrepreneur?. For aspiring new entrepreneurs, it's a must read article.
- Have a candid conversation with friends and family. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.
Bellaire, Michigan Demographic Information
Bellaire has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Bellaire demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Bellaire.
Businesses
As a new Bellaire entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Bellaire 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
Have You Considered Franchising?
As you drive around Bellaire, it becomes clear that purchasing a franchise is a common way to get started as an entrepreneur. But is franchising the right option for you?
Most business experts recommend that you look into purchasing a franchise. To help you learn more about franchising, we've gathered a ton of articles on franchising, including The Disadvantages of Franchise Ownership. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Sample franchise opportunities include Little Scientist Franchise Corp. and Little Scoops. Alternatively, you can browse franchise categories, such as Candy and Chocolate Franchises and IT Training Franchises.
Note on Bellaire Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Bellaire.
Have You Considered Buying an Existing Bellaire Business?
An excellent way to get started in business is to Buy a Business in Michigan. Follow that link and you may find several good businesses for sale in Bellaire.
Before buying a business, be sure to read this article: Buying a Business.
The Role of the Business Plan
A business plan is vital in maximizing the prospects of your new company. 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.
Before you start writing a business plan, we suggest you skim Reasons to Write a Business Plan. A great resource for business planning assistance is the free business counselors available to you through your local SCORE chapter in Michigan.
Bring in Revenues
Mastering the art of selling is priority one if you want your new Bellaire business to do well.
Why should customers buy from you instead of buying from competitors? The good news is we can help you to make selling a big competitve advantage for your new firm.
Selling Products on eBay 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 Bellaire businesses underestimate the number of challenges they will face.
If you choose the right business and love what you do, you will greatly increase your odds of success.
We are here to help Bellaire 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 Bellaire, Michigan
Here are more links that we believe will help you be successful in starting a business in Bellaire.
- Resources for Bellaire, Michigan Entrepreneurs - Browse a variety of resources we've collected to assist Bellaire entrepreneurs.
- Michigan Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Michigan.
- Michigan Small Business Development Center - This organization supports 12 regional offices and over 30 satellite offices, each providing counseling and training to Michigan small business owners and entrepreneurs throughout the 83 counties in Michigan. Services to entrepreneurs are offered through a cooperative agreement with the U.S. Small Business Administration.
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