January 16, 2021  
 
  Entrepreneurial Resources - Advice for Wisconsin Entrepreneurs  
  Boscobel, Wisconsin Resources for Entrepreneurs  
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Starting a Business in Boscobel, Wisconsin

Thinking about starting a business in Boscobel, Wisconsin? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Boscobel.

What Business Are You Starting?

Choosing a business that is right for you is very important. To help you decide on a business type, we encourage you to read Good Business Ideas.

For step-by-step instructions on starting a variety of business types, visit the Good Businesses to Start section of our site. For example, you might be interested in our How to Start a Chemical Storage & Handling Business guide or our Opening a Private Delivery Services Business guide.

Always keep in mind that your new startup will be located in Boscobel. Some businesses will do better in Boscobel than others. Make sure you fully understand Boscobel demographics before you lock in on your business idea.

Boscobel, Wisconsin Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 263
5-9 Employees 81
10-19 Employees 48
20-49 Employees 30
50-99 Employees 12
100-249 Employees 3
250-499 Employees 3
500-999 Employees 0
1000+ Employees 0
All Boscobel Businesses 440

As a new Boscobel entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Boscobel 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 1
Beauty Salons 4
Beer, Wine, and Liquor Stores 2
Business Associations 1
Cable and Other Program Distribution 1
Cemeteries and Crematories 1
Cheese Manufacturing 1
Child Day Care Services 3
Commercial Lithographic Printing 1
Consumer Lending 1
Drinking Places (Alcoholic Beverages) 4
Drywall and Insulation Contractors 1
Electrical Contractors 1
Finish Carpentry Contractors 1
Fitness and Recreational Sports Centers 1
Florists 1
Full-Service Restaurants 3
Funeral Homes and Funeral Services 1
Furniture Stores 1
General Automotive Repair 3
General Freight Trucking, Local 1
General Medical and Surgical Hospitals 1
Hardware Stores 1
Homes for the Elderly 1
Insurance Agencies and Brokerages 3
Investment Advice 1
Land Subdivision 1
Landscaping Services 1
Limited-Service Restaurants 2
New Car Dealers 2
Newspaper Publishers 1
Offices of Chiropractors 1
Offices of Dentists 2
Offices of Lawyers 1
Offices of Optometrists 2
Packaging and Labeling Services 2
Pet and Pet Supplies Stores 1
Pharmacies and Drug Stores 1
Ready-Mix Concrete Manufacturing 1
Residential Remodelers 1
Savings Institutions 1
Solid Waste Collection 1
Tax Preparation Services 1
Tile and Terrazzo Contractors 1
Veterinary Services 2

Have You Considered Franchising?

Browse the Yellow Pages for Boscobel and you'll notice that many local entrepreneurs have gone the franchising route. Is franchising maybe a better way for you to start your business?

We advise the entrepreneurs we work with to investigate buying a franchise. We have many articles on franchises, such as Staffing a Franchise. Become a franchising expert of sorts by reading more of our Articles on Franchising.

A comprehensive list of franchisors is available via our List of Franchise Opportunities.

Sample franchise opportunities include Sunchain Tanning Centers and Cold Stone Creamery, Inc.. Alternatively, you can browse franchise categories, such as Auto Rental Franchises and Modeling Franchises.

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

Naming the Business

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: Naming a Company.

As a final piece of advice, remember that because you are starting a business in Boscobel, it's very important that you make sure your company name has not already been claimed by another Wisconsin business.

Forming a Company in Boscobel, Wisconsin

It's essential that your business is formed as a legal entity that is separate from its owners. Doing so will insulate you from personal liability for business debts and obligations.

When forming a company, you will pick from many company types, such as a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.

Incorporating is a very popular way to form a business. A key decision is whether to form and S-Corp or a C-Corp, and you also must decide in which state you will incorporate. If you are starting a business in Wisconsin, you don't necessarily have to incorporate in Wisconsin. In fact, you are allowed to incorporate wherever you want. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.

There are many nuances to forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Incorporating Online. You may also want to seek the advice of an lawyer. On a final note, since you will be starting a business in Boscobel, Wisconsin, our web page covering Incorporating in Wisconsin may be a useful resource if you decide to incorporate in Wisconsin.

Bring in Revenues

Being able to sell is critical to your business success. Whether you are focused on selling local customers in Boscobel 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? The good news is we can help you to make selling a big competitve advantage for your new firm.

Tips on Customer Referrals 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.

How to Improve Your Entrepreneurial Abilities

The best entrepreneurs recognize that they need to continually improve.

With your business being located in Boscobel, Wisconsin, you should investigate some of the many programs available at nearby Wisconsin universities, colleges and community colleges. You should also check if there are any networking groups or organizations in which Boscobel entrepreneurs get together to network and trade their business experiences.

Never Give Up

You have a dream -- starting a business in Boscobel. 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.

We are here to help Boscobel 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 Boscobel, Wisconsin

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

 

 

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