August 13, 2020  
 
  Entrepreneurial Resources - Advice for Colorado Entrepreneurs  
  Canon City, Colorado Resources for Entrepreneurs  
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Open a Business in Canon City, Colorado

Need help starting a business in Canon City, Colorado? We've got the information you need to open a business in Canon City.

Canon City, Colorado Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 1098
5-9 Employees 438
10-19 Employees 195
20-49 Employees 141
50-99 Employees 45
100-249 Employees 18
250-499 Employees 9
500-999 Employees 0
1000+ Employees 0
All Canon City Businesses 1944

As a new Canon City entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Canon City 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
Amusement and Theme Parks 1
Animal (except Poultry) Slaughtering 1
Automotive Glass Replacement Shops 1
Automotive Parts and Accessories Stores 4
Automotive Transmission Repair 1
Beauty Salons 3
Beer, Wine, and Liquor Stores 6
Boat Dealers 1
Book Publishers 2
Book Stores 2
Bowling Centers 1
Building Inspection Services 1
Business Associations 3
Cable and Other Program Distribution 1
Car Washes 2
Carpet and Upholstery Cleaning Services 1
Child and Youth Services 1
Child Day Care Services 5
Civic and Social Organizations 6
Clay Refractory Manufacturing 3
Collection Agencies 1
Commercial Lithographic Printing 1
Consumer Lending 1
Convenience Stores 2
Convention and Trade Show Organizers 2
Couriers 2
Credit Unions 3
Curtain and Drapery Mills 1
Direct Mail Advertising 1
Document Preparation Services 1
Drafting Services 1
Drinking Places (Alcoholic Beverages) 5
Drywall and Insulation Contractors 3
Electric Power Distribution 2
Electrical Contractors 7
Electronic Shopping 1
Elementary and Secondary Schools 1
Employment Placement Agencies 1
Engineering Services 1
Environmental Consulting Services 1
Exam Preparation and Tutoring 1
Exterminating and Pest Control Services 2
Facilities Support Services 1
Family Clothing Stores 1
Family Planning Centers 1
Farm Supplies Merchant Wholesalers 1
Finish Carpentry Contractors 2
Fitness and Recreational Sports Centers 4
Floor Covering Stores 1
Florists 3
Food (Health) Supplement Stores 1
Food Service Contractors 4
Framing Contractors 5
Full-Service Restaurants 29
Funeral Homes and Funeral Services 2
Furniture Stores 2
General Automotive Repair 3
General Freight Trucking, Local 1
General Medical and Surgical Hospitals 1
General Rental Centers 2
Gift, Novelty, and Souvenir Stores 7
Golf Courses and Country Clubs 1
Graphic Design Services 1
Hardware Merchant Wholesalers 1
Hardware Stores 2
Hobby, Toy, and Game Stores 1
Home Centers 1
Home Furnishing Merchant Wholesalers 1
Home Health Care Services 2
Home Health Equipment Rental 1
Homes for the Elderly 2
Ice Manufacturing 1
Industrial Building Construction 1
Insurance Agencies and Brokerages 11
Internet Publishing and Broadcasting 1
Investigation Services 1
Investment Advice 1
Janitorial Services 5
Jewelry Stores 2
Landscape Architectural Services 1
Landscaping Services 4
Lessors of Other Real Estate Property 2
Limited-Service Restaurants 21
Locksmiths 1
Machine Shops 1
Mail-Order Houses 2
Manufactured (Mobile) Home Dealers 1
Masonry Contractors 5
Meat Processed from Carcasses 1
Mortgage and Nonmortgage Loan Brokers 3
Motorcycle Dealers 1
Museums 3
Natural Gas Distribution 1
Navigational Services to Shipping 1
New Car Dealers 3
New Housing Operative Builders 1
Newspaper Publishers 1
Nursing Care Facilities 4
Office Administrative Services 1
Office Supplies and Stationery Stores 1
Offices of Bank Holding Companies 1
Offices of Certified Public Accountants 5
Offices of Chiropractors 5
Offices of Dentists 7
Offices of Lawyers 15
Offices of Optometrists 3
Offices of Real Estate Appraisers 2
One-Hour Photofinishing 1
Packaging and Labeling Services 1
Paint and Wallpaper Stores 1
Painting and Wall Covering Contractors 4
Periodical Publishers 1
Pet Care (except Veterinary) Services 2
Petroleum Bulk Stations and Terminals 1
Pharmacies and Drug Stores 3
Photography Studios, Portrait 1
Political Organizations 2
Quick Printing 2
Radio Stations 1
Ready-Mix Concrete Manufacturing 1
Real Estate Credit 4
Residential Property Managers 1
Residential Remodelers 4
Roofing Contractors 1
Savings Institutions 1
Securities Brokerage 4
Septic Tank and Related Services 1
Site Preparation Contractors 7
Snack and Nonalcoholic Beverage Bars 6
Software Publishers 1
Solid Waste Collection 2
Sporting Goods Stores 3
Sports and Recreation Instruction 1
Tax Preparation Services 1
Temporary Help Services 1
Tile and Terrazzo Contractors 1
Tire Dealers 4
Tobacco Stores 1
Travel Agencies 1
Used Car Dealers 2
Used Household and Office Goods Moving 1
Used Merchandise Stores 4
Veterinary Services 3
Video Tape and Disc Rental 2
Voluntary Health Organizations 1
Warehouse Clubs and Supercenters 1
Water Supply and Irrigation Systems 2
Wineries 1
Wired Telecommunications Carriers 2
Women's Clothing Stores 1
Wood Window and Door Manufacturing 1

Is Franchising a Better Option?

As you drive around Canon City, you'll notice that many local entrepreneurs have gone the franchising route. But is franchising the right option for you?

We highly recommend you consider franchising as an option. We have many articles on franchises, such as Franchisees Versus Licensees. 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.

Representative franchise opportunities include The Steak Escape and AutoPlus Limited. Alternatively, you can browse franchise categories, such as Restaurant Services Franchises and Florist Franchises.

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

Have You Considered Buying an Existing Canon City Business?

An excellent way to get started in business is to Buy a Business in Colorado. Follow that link and you may find several good businesses for sale in Canon City.

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

Forming a Company in Canon City, Colorado

It's very important that your business is formed as a legal entity that is separate from its owners. Among other things, forming a legal entity for the business limits your liabilities.

The entity you form can be a corporation, LLC, sole proprietorship, partnership or other structure.

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 Colorado, you don't necessarily have to incorporate in Colorado. In fact, you can incorporate in any state you would like to. For example, it's very popular to incorporate in Delaware, and incorporating in Nevada has become very trendy as well. Don't forget, though, that you will have to register as a foreign entity in all states that you do business in.

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 Registered Agents. You should also consider getting professional assistance from your business lawyer. Finally, if you are starting a business in Canon City, Colorado, our information on Incorporating in Colorado may be a useful resource if you decide to incorporate in Colorado.

Startup Financing Basics

Finding the funds to fuel the growth of your Canon City business is a difficult chore. In fact, financing your new business may be the hardest challenge you ever face.

The good news is this site contains dozens of articles on raising money, including one we recommend entitled 504 Loans.

For Canon City entrepreneurs with great ambition but a shortage of investment capital, check out our List of Colorado Angel Investors and our List of Colorado Venture Capital Firms.

Learning More About Entrepreneurship

Good entrepreneurs recognize that they need to continually improve.

With your business being located in Canon City, Colorado, you will want to take advantage of the learning programs at local Colorado educational institutions. We also suggest you look into networking organizations for Canon City entrepreneurs.

Never Give Up

You have a dream -- starting a business in Canon City. 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 Canon City and throughout the United States . We want to be there for you to answer your business questions, whether you are a new Canon City entrepreneur who is just getting started or you are already up and running with your new venture.

More Entrepreneurial Resources for Starting a Business in Canon City, Colorado

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

 

 

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