Ohio Business Startup Guides
Start a Business in Carey, Ohio
Are you starting a business in Carey, Ohio? This article discusses the most important things to consider when opening a business in Carey.
Are You Sure You Want to Do This?
Most new ventures do not succeed, in part because the founder did not have the tenacity and/or the skills to succeed. So, before you start your business, consider all of the implications of being an entrepreneur.
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 Carey. Ask them candidly what it's like to run a business.
- 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. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.
Carey, Ohio Demographic Information
Carey has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Carey demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Carey.
As a new Carey entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Carey 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.
What About Franchising Opportunities?
Visit the business district of Carey and you may be surprised to see how many franchises there are in the area. But is franchising the right option for you?
Our advice is to consider franchising as an option. We have many articles on franchises, such as Franchise Versus Business Opportunity. Get a thorough education on franchising by browsing all of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Note on Carey Franchise Opportunities: To find out if a franchise you are interested in is available in Carey, you will need to get in direct contact with the franchisor.
Picking a Company Name
A big decision when starting a company is choosing a company name. Believe it or not, choosing a good company name can be a big contributor to your business success.
Pick a company name that isn't too generic. If you do a search engine search for your proposed name and a billion results come up, you may want to reconsider the name. It's much easier to come up in the search engines when your name is fairly unique.
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Branding Advice.
On a final note, given that you are starting a business in Carey, it's imperative that you check now that your company name has not already been claimed by another Ohio business.
Forming a Company in Carey, Ohio
It's very important that your business is formed as a legal entity that is separate from its owners. 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.
Incorporating is a very common way to legally create a business entity. Of course, you have to decide which type of corporation to form and where to incorporate. If you are starting a business in Ohio, it doesn't mean you are required to incorporate in Ohio. 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 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 Incorporation Advice. You may also want to seek the advice of an lawyer. On a final note, since you will be starting a business in Carey, Ohio, our web page covering Incorporating in Ohio may be a useful resource if you decide to incorporate in Ohio.
Letting the World Know You Exist
To rise above the crowd in Carey and build your business, you'll need to have a good marketing plan.
There are myriad resources on this site to help you with your marketing plan. Advertising Campaigns discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. That's just a taste of the many useful articles we have on Marketing a Small Business.
Most new Carey businesses underestimate the number of challenges they will face.
From this point on, you control your own destiny.
This site is all about helping entrepreneurs in Carey and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Carey, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Carey, Ohio
Here are more links that we believe will help you be successful in starting a business in Carey.
- Resources for Carey, Ohio Entrepreneurs - Browse a variety of resources we've collected to assist Carey entrepreneurs.
- Ohio Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Ohio.
- Ohio Small Business Development Center - Whether you're starting your business, expanding your business, or just looking to stay in business, the Small Business Development Centers of Ohio (SBDCs of Ohio) can help with professional guidance by connecting you with research, financing sources, and training opportunities.
Starting-a-Business Guides for Other Cities in Ohio
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