Are you starting a business in Blaine, Minnesota? This article discusses the most important things to consider when opening a business in Blaine.
Is a Franchise Opportunity Right For You?
Visit the business district of Blaine and you'll notice that many local entrepreneurs have gone the franchising route. Is there a franchise opportunity out there that makes sense for you?
Our recommendation is that you investigate buying a franchise. This site has dozens of articles on franchising, such as 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.
Representative franchise opportunities include Papa Gino's and City Rewards Network. Alternatively, you can browse franchise categories, such as Retail Franchises and Party Supply Franchises.
Note on Blaine Franchise Opportunities: To find out if a franchise you are interested in is available in Blaine, you will need to get in direct contact with the franchisor.
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.
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.
As a final piece of advice, remember that because you are starting a business in Blaine, it's very important that you make sure you will be the only Minnesota company using the business name you have chosen.
Make Sure You Have a Business Plan
Having a business plan is critical in laying a solid foundation for your business success. Indeed, your business plan is your game plan for how you hope to grow your business. Not having a business plan makes you more prone to becoming a business failure statistic.
If you want more information on writing business plans, we recommend reading Business Plan Outsourcing. You can also get free business counselors available to you through your local SCORE chapter in Minnesota.
Where to Get Money to Start a Company
Finding the funds to fuel the growth of your Blaine business is not an easy task. 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 Getting a Small Business Loan.
For Blaine entrepreneurs who want to raise money for a new venture, check out our List of Minnesota Angel Investors and our List of Minnesota 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 Blaine or are selling to customers throughout Minnesota, the United States or even the world, you have to be able to sell.
Clever sales techniques can transform any business from good to great. Fortunately, we've got plenty of good advice to help you improve your selling skills.
How to Build and Motivate a Sales Team 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.
Improving Your Entrepreneurial Skillset
Good entrepreneurs recognize that what they know now may not be enough to ensure their future success.
Given that you are starting a business in Blaine, Minnesota, you will want to take advantage of the many programs available at nearby Minnesota universities, colleges and community colleges. We also suggest you look into networking groups or organizations in which Blaine entrepreneurs get together to network and trade their business experiences.
You have a dream -- starting a business in Blaine. To achieve your dream, you have to persevere, even when the odds are against you.
Owning your own business will be a daunting task, but you can do it.
Our goal here is to promote the vitality and growth of small businesses in Blaine and throughout the United States . 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 Blaine, Minnesota
Here are more links that we believe will help you be successful in starting a business in Blaine.