August 13, 2020  
 
  Entrepreneurial Resources - Advice for Wyoming Entrepreneurs  
  Cody, Wyoming Resources for Entrepreneurs  
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Open a Business in Cody, Wyoming

Need help starting a business in Cody, Wyoming? We've got the information you need to open a business in Cody.

What Type of Business Should You Start?

An important decision is what kind of business you want to start. If you are struggling with what type of business to start, 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 Opening a Hair Replacement Business guide or our Opening a Sports Agents Business guide.

Remember that you are starting a business in Cody. If Cody already has plenty of the kind of business you want to start, you might want to change your plans. Don't forget to review Cody demographics to see if there's a market for what you want to sell.

Cody, Wyoming Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 2960
5-9 Employees 954
10-19 Employees 414
20-49 Employees 264
50-99 Employees 54
100-249 Employees 18
250-499 Employees 12
500-999 Employees 0
1000+ Employees 0
All Cody Businesses 4676

As a new Cody entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Cody 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
Aluminum Die-Casting Foundries 1
Animal (except Poultry) Slaughtering 2
Architectural Services 1
Art Dealers 1
Automotive Glass Replacement Shops 1
Automotive Parts and Accessories Stores 5
Beauty Salons 3
Bed-and-Breakfast Inns 1
Beer and Ale Merchant Wholesalers 1
Beer, Wine, and Liquor Stores 4
Book Stores 1
Bowling Centers 2
Business Associations 3
Cable and Other Program Distribution 1
Cafeterias 1
Canvas and Related Product Mills 1
Car Washes 3
Carpet and Upholstery Cleaning Services 3
Caterers 1
Child and Youth Services 1
Child Day Care Services 7
Civic and Social Organizations 7
Coin-Operated Laundries and Drycleaners 1
Collection Agencies 1
Commercial Flexographic Printing 1
Commercial Lithographic Printing 1
Commercial Screen Printing 1
Commuter Rail Systems 1
Computer and Software Stores 1
Computer Systems Design Services 2
Confectionery Merchant Wholesalers 1
Couriers 2
Credit Unions 2
Custom Computer Programming Services 1
Dental Laboratories 1
Direct Title Insurance Carriers 1
Discount Department Stores 1
Document Preparation Services 1
Drilling Oil and Gas Wells 2
Drinking Places (Alcoholic Beverages) 1
Drywall and Insulation Contractors 4
Electric Power Distribution 1
Electrical Contractors 7
Engineering Services 7
Ethyl Alcohol Manufacturing 1
Family Clothing Stores 3
Farm Supplies Merchant Wholesalers 1
Fine Arts Schools 2
Finish Carpentry Contractors 5
Fitness and Recreational Sports Centers 5
Floor Covering Stores 3
Florists 3
Food (Health) Supplement Stores 1
Food Service Contractors 1
Framing Contractors 3
Fruit and Vegetable Markets 1
Full-Service Restaurants 21
Funeral Homes and Funeral Services 1
Furniture Stores 2
General Automotive Repair 8
General Freight Trucking, Local 3
General Medical and Surgical Hospitals 1
Gift, Novelty, and Souvenir Stores 11
Glass and Glazing Contractors 1
Golf Courses and Country Clubs 1
Grantmaking Foundations 2
Gypsum Product Manufacturing 2
Hardware Merchant Wholesalers 1
Hardware Stores 4
Home Health Care Services 1
Home Health Equipment Rental 1
Homes for the Elderly 2
Household Appliance Stores 2
Hunting and Trapping 2
Industrial Building Construction 1
Insurance Agencies and Brokerages 12
Investigation Services 2
Investment Advice 2
Janitorial Services 4
Jewelry Stores 2
Land Subdivision 1
Landscape Architectural Services 1
Landscaping Services 9
Lessors of Other Real Estate Property 2
Limited-Service Restaurants 12
Locksmiths 1
Machine Shops 2
Mail-Order Houses 1
Marketing Consulting Services 1
Masonry Contractors 3
Media Representatives 1
Men's Clothing Stores 1
Mortgage and Nonmortgage Loan Brokers 2
Motion Picture and Video Production 1
Motorcycle Dealers 2
Museums 2
Musical Instrument Manufacturing 1
Natural Gas Distribution 2
Natural Gas Liquid Extraction 1
New Car Dealers 2
New Housing Operative Builders 2
Newspaper Publishers 2
Office Administrative Services 3
Office Supplies and Stationery Stores 1
Offices of Certified Public Accountants 3
Offices of Chiropractors 3
Offices of Dentists 7
Offices of Lawyers 14
Offices of Optometrists 3
Offices of Other Holding Companies 1
Offices of Real Estate Appraisers 5
Paint and Wallpaper Stores 1
Painting and Wall Covering Contractors 5
Passenger Car Rental 3
Periodical Publishers 1
Pet and Pet Supplies Stores 1
Pet Care (except Veterinary) Services 2
Petroleum Bulk Stations and Terminals 1
Pharmacies and Drug Stores 2
Photography Studios, Portrait 5
Pipeline Transportation of Crude Oil 1
Professional Organizations 1
Radio Stations 1
Ready-Mix Concrete Manufacturing 1
Real Estate Credit 1
Recreational Vehicle Dealers 2
Remediation Services 1
Repossession Services 1
Residential Remodelers 6
Roofing Contractors 5
Sawmills 1
Scheduled Passenger Air Transportation 1
Securities Brokerage 1
Security Guards and Patrol Services 1
Shoe Stores 2
Siding Contractors 1
Sign Manufacturing 1
Site Preparation Contractors 4
Small Arms Ammunition Manufacturing 1
Small Arms Manufacturing 2
Snack and Nonalcoholic Beverage Bars 10
Software Publishers 1
Solid Waste Collection 2
Sporting Goods Stores 8
Tax Preparation Services 1
Temporary Shelters 1
Tile and Terrazzo Contractors 1
Timber Tract Operations 1
Tire and Tube Merchant Wholesalers 1
Tire Dealers 3
Title Abstract and Settlement Offices 1
Tobacco Stores 1
Tour Operators 2
Travel Agencies 2
Travel Trailer and Camper Manufacturing 1
Truss Manufacturing 1
Used Car Dealers 1
Used Household and Office Goods Moving 1
Used Merchandise Stores 3
Vending Machine Operators 1
Veterinary Services 7
Video Tape and Disc Rental 1
Warehouse Clubs and Supercenters 1
Wholesale Trade Agents and Brokers 1
Wired Telecommunications Carriers 3
Women's Clothing Stores 6

Should You Franchise?

Examine a list of Cody businesses and you'll conclude that many business owners have opted to buy a franchise, rather than starting a business on their own. Would going with a franchise be a good idea for you?

We highly recommend you consider franchising as an option. To help you learn more about franchising, we've gathered a ton of articles on franchising, including Common Franchisee Mistakes. 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.

Sample franchise opportunities include Collins Booksellers and All American Ice Cream & Donuts. Alternatively, you can browse franchise categories, such as Tax Preparation Franchises and Child Safety Franchises.

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

Have You Considered Buying an Existing Cody Business?

We've created a handy website page for those who want to Buy a Business in Wyoming. Follow that link and you can review several good businesses for sale in Cody.

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

Naming the Company

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.

Company names should be fun to say, and they should help people to understand what you do and how you differentiate yourself in the market.

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 opening a business in Cody, it's very important that you make sure no other Wyoming company is using the business name you want to use.

Getting Money to Start a Business

Getting your Cody business the capital it needs to succeed is very difficult due to the ongoing business credit crunch. The reality is that there is very little funding available for new small businesses, and you have to explore every possible alternative.

To learn about raising money, we recommend you read the fundraising articles on our site, such as 504 Loans.

For Cody entrepreneurs who need startup capital, check out our List of Wyoming Angel Investors and our List of Wyoming Venture Capital Firms.

Now It's Up To You

You have a dream -- starting a business in Cody. To achieve your dream, you have to persevere, even when the odds are against you.

If you choose the right business and love what you do, you will greatly increase your odds of success.

We are here to help Cody businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Cody, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Cody, Wyoming

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

  • Resources for Cody, Wyoming Entrepreneurs - Browse a variety of resources we've collected to assist Cody entrepreneurs.
  • Wyoming Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Wyoming.
  • Wyoming Small Business Development Center - The Wyoming Small Business Development Center provides free and confidential consulting services to individual businesses, offers various products online of specific use to various businesses, sponsors affordable educational programs targeted at the small business community, and maintains links with various business resources throughout Wyoming and the nation.
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Additional Resources for Entrepreneurs

Buying a Business

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Raising Money

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