Wyoming Business Startup Guides
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.
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.
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.
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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