Michigan Business Startup Guides
Starting a Business in Cass City, Michigan
Thinking about starting a business in Cass City, Michigan? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Cass City.
Do You Have What It Takes?
Before announcing to the world that you are going to start your own business, consider your entrepreneurial instincts and capabilities.
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:
- Reach out to other entrepreneurs in Cass City. Get their candid feedback on what it takes to start a successful business.
- Peruse Should You Become an Entrepreneur?. This is one of our more popular articles for folks who want to go into business for themselves.
- 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.
What Type of Business Should You Start?
Choosing a business that is right for you is very important. We recommend that you read Good Business Ideas.
For in-depth how-to guides on how to start specific businesses, browse our Good Businesses to Start section of our site. For example, you might be interested in our Starting an Occupational & Industrial Health & Safety Business guide or our Opening a Chemical Cleaning Equipment & Systems Business guide.
Remember that you are starting a business in Cass City. Think about what needs are currently being underserved in Cass City. Don't forget to review Cass City demographics to see if there's a market for what you want to sell.
Cass City, Michigan Demographic Information
Cass City has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Cass City demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Cass City.
As a new Cass City entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Cass 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.
Is Buying an Existing Cass City Business a Good Strategy?
We've created a helpful website page for those who want to Buy a Business in Michigan. Follow that link and you may find several good businesses for sale in Cass City.
For anybody who wants to buy a business, we recommend reading this useful article: Buying a Business.
Company Formation in Cass City, Michigan
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 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 Michigan, you don't necessarily have to incorporate in Michigan. 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'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 Incorporating Online. You may also want to seek the advice of an attorney. On a final note, since you will be starting a business in Cass City, Michigan, our web page covering Incorporating in Michigan may be a useful resource if you decide to incorporate in Michigan.
Don't Skip the Business Plan
A business plan is vital in maximizing the prospects of your new company. In effect, your business plan is your game plan for how you hope to grow your business. Not having a business plan is a recipe for disaster.
If you want more information on writing business plans, we recommend reading Expert Advice on Business Plans. You can also get free counseling sessions provided by your local SCORE chapter in Michigan.
Marketing Your New Venture
To rise above the crowd in Cass City 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 on the Web is a good read to get your marketing juices flowing. That's just a taste of the many useful articles we have on Marketing a Small Business.
Now It's Up To You
You have a dream -- starting a business in Cass City. To achieve your dream, you have to persevere, even when the odds are against you.
From this point on, you control your own destiny.
We are here to help Cass City businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Cass City, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Cass City, Michigan
Here are more links that we believe will help you be successful in starting a business in Cass City.
- Resources for Cass City, Michigan Entrepreneurs - Browse a variety of resources we've collected to assist Cass City entrepreneurs.
- Michigan Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Michigan.
- Michigan Small Business Development Center - This organization supports 12 regional offices and over 30 satellite offices, each providing counseling and training to Michigan small business owners and entrepreneurs throughout the 83 counties in Michigan. Services to entrepreneurs are offered through a cooperative agreement with the U.S. Small Business Administration.
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