August 12, 2020  
 
  Entrepreneurial Resources - Advice for Missouri Entrepreneurs  
  Bowling Green, Missouri Resources for Entrepreneurs  
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Start a Business in Bowling Green, Missouri

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

Choosing the Right Company to Start

Choosing a business that is right for you is very important. To stir your creative juices on what kind of business to start, take a look at Good Business Ideas.

To view an extensive list of business types, complete with startup instructions, spend some time in the Good Businesses to Start section of our site. For example, you might be interested in our How to Start a Planters & Planter Boxes Business guide or our Starting a Water Coolers Retail Business guide.

Always keep in mind that starting a business in Bowling Green has some implications. Some businesses will do better in Bowling Green than others. A critical consideration is whether Bowling Green demographics mesh well with your startup concept.

Bowling Green, Missouri Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 1375
5-9 Employees 615
10-19 Employees 375
20-49 Employees 195
50-99 Employees 75
100-249 Employees 0
250-499 Employees 0
500-999 Employees 0
1000+ Employees 0
All Bowling Green Businesses 2635

As a new Bowling Green entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Bowling Green 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
Animal (except Poultry) Slaughtering 1
Beauty Salons 1
Business Associations 1
Cable and Other Program Distribution 1
Cemeteries and Crematories 1
Child Day Care Services 1
Commercial Lithographic Printing 1
Convention and Visitors Bureaus 1
Couriers 1
Custom Computer Programming Services 1
Document Preparation Services 1
Drinking Places (Alcoholic Beverages) 2
Drywall and Insulation Contractors 1
Electric Power Distribution 1
Exterminating and Pest Control Services 1
Farm Supplies Merchant Wholesalers 2
Fitness and Recreational Sports Centers 1
Floor Covering Stores 1
Florists 1
Full-Service Restaurants 4
Funeral Homes and Funeral Services 2
General Automotive Repair 2
Gift, Novelty, and Souvenir Stores 1
Homes for the Elderly 2
Household Appliance Stores 1
Insurance Agencies and Brokerages 5
Janitorial Services 1
Limited-Service Restaurants 4
Livestock Merchant Wholesalers 1
New Car Dealers 2
New Housing Operative Builders 1
Newspaper Publishers 1
Nursing Care Facilities 2
Office Administrative Services 1
Offices of Certified Public Accountants 2
Offices of Chiropractors 2
Offices of Dentists 2
Offices of Lawyers 2
Offices of Optometrists 2
Pharmacies and Drug Stores 2
Radio Stations 1
Roofing Contractors 1
Savings Institutions 1
Securities Brokerage 2
Sign Manufacturing 1
Site Preparation Contractors 4
Sporting Goods Stores 1
Tax Preparation Services 1
Testing Laboratories 1
Tire Dealers 1
Title Abstract and Settlement Offices 1
Used Car Dealers 6
Used Merchandise Stores 2
Veterinary Services 2
Video Tape and Disc Rental 2
Vocational Rehabilitation Services 1
Water Supply and Irrigation Systems 2
Wholesale Trade Agents and Brokers 1
Wired Telecommunications Carriers 1

Should You Franchise?

As you drive around Bowling Green, you'll see that franchises make up a large percentage of local businesses. Would going with a franchise be a good idea for you?

Our recommendation is that you look into purchasing a franchise. We have many articles on franchises, such as Staffing a Franchise. Get a thorough education on franchising by browsing all of our Articles on Franchising.

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

Sample franchise opportunities include Wholly Crap and BurritoVille. Alternatively, you can browse franchise categories, such as Home Repair Franchises and Miscellaneous Franchises.

Note on Bowling Green Franchise Opportunities: To find out if a franchise you are interested in is available in Bowling Green, you will need to get in direct contact with the franchisor.

Is Buying an Existing Bowling Green Business a Good Strategy?

We've created a useful website page for those who want to Buy a Business in Missouri. Follow that link and you may find several good businesses for sale in Bowling Green.

For anybody who wants to buy a business, we recommend reading this useful article: Hold Harmless Agreements When Buying Businesses.

Company Formation in Bowling Green, Missouri

A critical step is ensuring that you form your business as a legal structure. Doing so will shield 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.

Incorporation is a very popular way to form a business. Of course, you have to decide which type of corporation to form and where to incorporate. Just because you are starting a business in Missouri, it doesn't mean you are required to incorporate in Missouri. In fact, you can 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's a lot to know about forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as How to Incorporate. You may also want to seek the advice of an attorney. On a final note, since you will be starting a business in Bowling Green, Missouri, our web page covering Incorporating in Missouri may be a useful resource if you decide to incorporate in Missouri.

Getting Money to Start a Business

Raising money to fund your new Bowling Green business is a difficult chore. The reality is that there is very little funding available for new small businesses, and you have to explore every possible alternative.

Take advantage of our many articles on raising capital, such as 504 Loans.

For Bowling Green entrepreneurs with great ambition but a shortage of investment capital, browse our List of Missouri Angel Investors and our List of Missouri Venture Capital Firms.

Never Give Up

As an entrepreneur in Bowling Green, 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.

Our goal here is to promote the vitality and growth of small businesses in Bowling Green 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 Bowling Green, Missouri

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

 

 

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