August 8, 2020  
 
  Entrepreneurial Resources - Advice for Florida Entrepreneurs  
  Bonifay, Florida Resources for Entrepreneurs  
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Start a Business in Bonifay, Florida

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

Is Becoming an Entrepreneur Right for You?

Running your own business is demanding, much more arduous than working as an employee. Are you certain you want to start a business?

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:

  • Talk to other entrepreneurs in Bonifay. Get their take on what it's really like to be an entrepreneur.
  • 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. That's the best way to get a truly objective assessment as to whether others think you have what it takes.

Bonifay, Florida Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 378
5-9 Employees 156
10-19 Employees 69
20-49 Employees 39
50-99 Employees 9
100-249 Employees 6
250-499 Employees 0
500-999 Employees 0
1000+ Employees 0
All Bonifay Businesses 657

As a new Bonifay entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Bonifay 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
Automotive Parts and Accessories Stores 2
Beer, Wine, and Liquor Stores 3
Book Publishers 1
Bottled Water Manufacturing 1
Business Associations 1
Cable and Other Program Distribution 1
Child Day Care Services 7
Computer Systems Design Services 1
Convenience Stores 2
Credit Unions 1
Cut Stock, Resawing Lumber, and Planing 1
Dental Laboratories 1
Drywall and Insulation Contractors 1
Electric Power Distribution 2
Electrical Contractors 1
Engineering Services 1
Exterminating and Pest Control Services 1
Finish Carpentry Contractors 5
Fitness and Recreational Sports Centers 1
Florists 1
Flour Milling 1
Food Service Contractors 1
Full-Service Restaurants 4
Funeral Homes and Funeral Services 2
General Automotive Repair 5
General Freight Trucking, Local 3
General Medical and Surgical Hospitals 1
Golf Courses and Country Clubs 1
Hardware Stores 2
Home Health Care Services 1
Homes for the Elderly 2
Household Appliance Stores 1
Insurance Agencies and Brokerages 2
Investment Advice 1
Jewelry Stores 1
Landscaping Services 2
Limited-Service Restaurants 3
Logging 3
Machine Shops 3
Manufactured (Mobile) Home Dealers 2
Masonry Contractors 1
Motor Vehicle Towing 2
New Car Dealers 1
Newspaper Publishers 1
Nursing Care Facilities 1
Office Administrative Services 2
Offices of Certified Public Accountants 2
Offices of Chiropractors 1
Offices of Dentists 4
Offices of Lawyers 4
Painting and Wall Covering Contractors 1
Periodical Publishers 1
Petroleum Bulk Stations and Terminals 1
Pharmacies and Drug Stores 3
Ready-Mix Concrete Manufacturing 1
Residential Remodelers 3
Rolled Steel Shape Manufacturing 1
Roofing Contractors 2
Site Preparation Contractors 2
Solid Waste Collection 1
Solid Waste Landfill 1
Tax Preparation Services 2
Temporary Shelters 1
Tire Dealers 2
Tire Retreading 1
Title Abstract and Settlement Offices 1
Truss Manufacturing 1
Used Car Dealers 1
Video Tape and Disc Rental 1
Wholesale Trade Agents and Brokers 1
Wired Telecommunications Carriers 1
Women's Clothing Stores 1
Wood Preservation 1

Is Franchising a Better Option?

Examine a list of Bonifay businesses and it's apparent that franchising has become a very popular way to start a business. Would going with a franchise be a good idea for you?

We advise the entrepreneurs we work with to consider franchising as an option. We have many articles on franchises, such as Buying an Existing Franchise. Become a franchising expert of sorts by reading more of our Articles on Franchising.

To learn about specific franchise opportunities, check out our Franchise Directory.

Sample franchise opportunities include Signature Alert Security and Babies 'N' Bells Inc.. Alternatively, you can browse franchise categories, such as Bagel Franchises and Convenience Store Franchises.

Note on Bonifay Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Bonifay.

Have You Considered Buying an Existing Bonifay Business?

If you have some capital to play with, you may want to Buy a Business in Florida. Follow that link and you can review several good businesses for sale in Bonifay.

Before buying a business, be sure to read this article: Buying a Business.

Selecting a Name For Your Venture

Making the right decision when choosing a company name is very important. There are many decisions you'll make now that you can change later, but changing a company name years down the road is not very easy. So, choose a good company name at the outset.

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

Numerous company naming issues are discussed in more detail in this article: Branding Advice.

As a final piece of advice, remember that because you are starting a business in Bonifay, it's critical that you ensure that no other Florida company is using the business name you want to use.

Marketing Your New Company

Whether your goal is to attract Bonifay customers or you plan on selling elsewhere, you need a great marketing plan.

We have some helpful resources on this site for entrepreneurs who are working on marketing plans. Responsible Marketing is an article that will generate a few thoughts on your marketing plan. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.

Moving Forward

As an entrepreneur in Bonifay, you won't be working for the boss anymore. You are the boss.

Owning your own business will be a daunting task, but you can do it.

This site is all about helping entrepreneurs in Bonifay and elsewhere to achieve real success. 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 Bonifay, Florida

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

  • Resources for Bonifay, Florida Entrepreneurs - Browse a variety of resources we've collected to assist Bonifay entrepreneurs.
  • Florida Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Florida.
  • Florida Small Business Development Center - The Florida Small Business Development Center Network (FSBDCN) is a statewide economic development partnership between higher education and other stakeholder organizations dedicated to providing entrepreneurs and established businesses with the assistance needed to start, grow and succeed, contributing to the Florida economy.
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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