May 31, 2020  
 
  Entrepreneurial Resources - Advice for Wisconsin Entrepreneurs  
  Black River Falls, Wisconsin Resources for Entrepreneurs  
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Start a Business in Black River Falls, Wisconsin

Are you starting a business in Black River Falls, Wisconsin? This article discusses the most important things to consider when opening a business in Black River Falls.

Will You Be a Good Entrepreneur?

Before quitting your day job, consider your entrepreneurial instincts and capabilities.

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 Black River Falls. 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.

Black River Falls, Wisconsin Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 429
5-9 Employees 147
10-19 Employees 141
20-49 Employees 66
50-99 Employees 27
100-249 Employees 21
250-499 Employees 3
500-999 Employees 3
1000+ Employees 0
All Black River Falls Businesses 837

As a new Black River Falls entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Black River Falls 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
Beauty Salons 3
Beer, Wine, and Liquor Stores 1
Breweries 1
Business Associations 1
Cable and Other Program Distribution 1
Casino Hotels 1
Casinos (except Casino Hotels) 1
Caterers 1
Cemeteries and Crematories 2
Child Day Care Services 2
Civic and Social Organizations 2
Claims Adjusting 1
Coin-Operated Laundries and Drycleaners 1
Commercial Flexographic Printing 1
Commercial Lithographic Printing 1
Consumer Lending 1
Continuing Care Retirement Communities 2
Convenience Stores 1
Credit Unions 2
Cut Stock, Resawing Lumber, and Planing 1
Discount Department Stores 1
Drinking Places (Alcoholic Beverages) 8
Drywall and Insulation Contractors 1
Electric Power Distribution 1
Engineering Services 2
Farm Supplies Merchant Wholesalers 1
Fine Arts Schools 1
Finish Carpentry Contractors 2
Fitness and Recreational Sports Centers 1
Floor Covering Stores 1
Flooring Contractors 2
Florists 1
Full-Service Restaurants 10
Funeral Homes and Funeral Services 1
Furniture Stores 2
General Automotive Repair 3
General Medical and Surgical Hospitals 1
Golf Courses and Country Clubs 1
Hardware Merchant Wholesalers 1
Hardware Stores 2
Home Centers 1
Homes for the Elderly 1
Household Appliance Stores 1
Hydroelectric Power Generation 1
Insurance Agencies and Brokerages 9
Internet Service Providers 1
Janitorial Services 1
Landscaping Services 1
Limited-Service Restaurants 9
Logging 3
Manufactured (Mobile) Home Dealers 1
Masonry Contractors 1
Motor and Generator Manufacturing 1
Motorcycle Dealers 2
New Car Dealers 1
New Housing Operative Builders 2
Newspaper Publishers 1
Nursing Care Facilities 1
Office Administrative Services 1
Office Supplies and Stationery Stores 1
Offices of Certified Public Accountants 1
Offices of Chiropractors 4
Offices of Dentists 2
Offices of Lawyers 8
Offices of Optometrists 2
Offices of Real Estate Appraisers 1
Outdoor Power Equipment Stores 2
Painting and Wall Covering Contractors 1
Pet Care (except Veterinary) Services 1
Pharmacies and Drug Stores 2
Photography Studios, Portrait 1
Plate Work Manufacturing 1
Professional Employer Organizations 1
Radio Stations 1
Ready-Mix Concrete Manufacturing 1
Recreational Goods Rental 1
Recreational Vehicle Dealers 1
Residential Remodelers 1
Savings Institutions 1
Sawmills 2
Securities Brokerage 2
Security Guards and Patrol Services 1
Septic Tank and Related Services 2
Shoe Stores 1
Snack and Nonalcoholic Beverage Bars 2
Solid Waste Landfill 1
Tax Preparation Services 2
Taxi Service 2
Testing Laboratories 1
Tire and Tube Merchant Wholesalers 1
Title Abstract and Settlement Offices 2
Used Car Dealers 3
Used Merchandise Stores 1
Veterinary Services 1
Vocational Rehabilitation Services 2
Water Supply and Irrigation Systems 1
Women's Clothing Stores 1

Naming the Company

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 need to be easy to spell, easy to pronounce, and easy to remember.

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 opening a business in Black River Falls, it's very important that you make sure no other Wisconsin company is using the business name you want to use.

Don't Skip the Business Plan

A business plan is critical in laying a solid foundation for your business success. In effect, your business plan is your game plan for how you hope to grow your business. Not having a business plan is a recipe for disaster.

To learn more about business plans, read Reasons to Write a Business Plan. You can also get free business counselors available to you through your local SCORE chapter in Wisconsin.

Raising Money for Your New Venture

Getting your Black River Falls business the capital it needs to succeed is a difficult chore. In fact, financing your new business may be the hardest challenge you ever face.

To learn about raising money, we recommend you read the fundraising articles on our site, such as Business Incubators.

For Black River Falls entrepreneurs who need startup capital, we have assembled a List of Wisconsin Angel Investors and our List of Wisconsin Venture Capital Firms.

Bring in Revenues

Being able to sell is a key enabler to your business success. Whether you are focused on selling local customers in Black River Falls or are selling to customers throughout Wisconsin, the United States or even the world, you have to be able to sell.

So what does it take to bring in more prospects and close more business? Let us help you refine your selling techniques through our many useful sales advice tips.

Sales Prospecting 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.

Increase Your Entrepreneurial Knowledge

Good entrepreneurs recognize that what they know now may not be enough to ensure their future success.

With your business being located in Black River Falls, Wisconsin, you will want to take advantage of the many programs available at nearby Wisconsin universities, colleges and community colleges. It's also worthwhile to see if there are any Black River Falls networking organizations.

What's Next?

You have a dream -- starting a business in Black River Falls. To achieve your dream, you have to persevere, even when the odds are against you.

From this point on, you control your own destiny.

We are here to help Black River Falls 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 Black River Falls, Wisconsin

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

 

 

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