Georgia Business Startup Guides
Start a Business in Cartersville, Georgia
Are you starting a business in Cartersville, Georgia? This article discusses the most important things to consider when opening a business in Cartersville.
Do You Have Entrepreneurial Drive and Passion?
Running your own business is hard work, much more challenging than working as an employee. Are you positive you have the stamina and skills to succeed on your own?
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 Cartersville. Get their candid feedback on what it takes to start a successful 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. A support network of family and friends can be a great sounding board for good advice before you decide for sure to go into business.
Cartersville, Georgia Demographic Information
Cartersville has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Cartersville demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Cartersville.
Businesses
As a new Cartersville entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Cartersville 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.
Businesses
Is Franchising a Better Option?
Examine a list of Cartersville 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 Before Buying a 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 UltraSonic Blind Cleaning and Dippin' Dots Franchising, Inc.. Alternatively, you can browse franchise categories, such as Business Services Franchises and Child Education and Tutoring Franchises.
Note on Cartersville Franchise Opportunities: To find out if a franchise you are interested in is available in Cartersville, you will need to get in direct contact with the franchisor.
Naming the Company
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.
Companies like Starbucks, Apple, Target, Microsoft and Intuit all have strong company names that are easy to remember and have become well-loved brands. Wouldn't it be nice if your new company name got on a similar track?
For other considerations regarding naming a company, we recommend this article: Naming a Business.
There's one other important factor when naming a business. Since you are planning on starting a business in Cartersville, it's critical that you ensure that your company name has not already been claimed by another Georgia business.
Forming a Company in Cartersville, Georgia
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 decide among 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 Georgia, it doesn't mean you are required to incorporate in Georgia. In fact, you can incorporate in any state you would like to. 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 C Corp Versus S Corp. You may also want to seek the advice of an attorney. On a final note, since you will be starting a business in Cartersville, Georgia, our web page covering Incorporating in Georgia may be a useful resource if you decide to incorporate in Georgia.
Don't Skip the Business Plan
Creating a business plan is essential in maximizing the prospects of your new company. Simply put, a business plan is a written description of the future you envision for your business. Failure to write a business plan
To learn more about business plans, read The Art of the Executive Summary. You should also take advantage of face-to-face free consulting available from your local SCORE chapter in Georgia.
Now It's Up To You
As an entrepreneur in Cartersville, you won't be working for the boss anymore. You are the boss.
From this point on, you control your own destiny.
We are here to help Cartersville businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Cartersville 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 Cartersville, Georgia
Here are more links that we believe will help you be successful in starting a business in Cartersville.
- Resources for Cartersville, Georgia Entrepreneurs - Browse a variety of resources we've collected to assist Cartersville entrepreneurs.
- Georgia Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Georgia.
- Georgia Small Business Development Center - The Georgia SBDC program helps Georgia entrepreneurs with developing business plans, providing financial analysis, identifying sources of capital, and assessing marketing strategies.
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