January 19, 2021  
 
  Entrepreneurial Resources - Advice for Minnesota Entrepreneurs  
  Coleraine, Minnesota Resources for Entrepreneurs  
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Open a Business in Coleraine, Minnesota

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

What Type of Business Should You Start?

An important decision is what kind of business you want to start. To help you decide on a business type, we encourage you to read Free 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 Factory Maintenance Business guide or our Starting a Railroad Car Leasing Business guide.

Don't forget that your new business will be in Coleraine. The business you want to start may already be well-represented in Coleraine. A critical consideration is whether Coleraine demographics mesh well with your startup concept.

Coleraine, Minnesota Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 47
5-9 Employees 30
10-19 Employees 9
20-49 Employees 6
50-99 Employees 0
100-249 Employees 0
250-499 Employees 0
500-999 Employees 0
1000+ Employees 0
All Coleraine Businesses 92

As a new Coleraine entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Coleraine 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
Car Washes 1
Child Day Care Services 1
Civic and Social Organizations 1
Claims Adjusting 1
Dental Laboratories 1
Drinking Places (Alcoholic Beverages) 1
Full-Service Restaurants 1
Golf Courses and Country Clubs 1
Graphic Design Services 1
Insurance Agencies and Brokerages 1
Janitorial Services 1
Limited-Service Restaurants 1
Offices of Dentists 2
Petroleum Bulk Stations and Terminals 1
Tax Preparation Services 1

Is a Franchise Opportunity Right For You?

Browse the Yellow Pages for Coleraine and you'll notice that many local entrepreneurs have gone the franchising route. Would going with a franchise be a good idea for you?

Most business experts recommend that you consider franchising as an option. We have many articles on franchises, such as How to Franchise a Business. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.

To learn about specific franchise opportunities, check out our Franchise Directory.

Sample franchise opportunities include A Special Touch Cleaning Service, Inc and 7 Valleys Custom Blends Farm Fresh Tobacco. Alternatively, you can browse franchise categories, such as Blind Repair and Sales Franchises and Flooring Franchises.

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

Have You Considered Buying an Existing Coleraine Business?

We've created a helpful website page for those who want to Buy a Business in Minnesota. Follow that link and you might discover several good businesses for sale in Coleraine.

For anybody who wants to buy a business, we recommend reading this useful article: Hold Harmless Agreements When Buying Businesses.

Don't Skip the Business Plan

Writing a business plan is vital in laying a solid foundation for your business success. Indeed, your business plan is your game plan for how you hope to grow your business. Not having a business plan will greatly reduce your chances of business success.

To learn more about business plans, read Business Plan Contests. You can also get free business counselors available to you through your local SCORE chapter in Minnesota.

How to Improve Your Entrepreneurial Abilities

Good business owners recognize that what they know now may not be enough to ensure their future success.

As an entrepreneur who lives in Coleraine, Minnesota, you will want to take advantage of the learning programs at local Minnesota educational institutions. It's also worthwhile to see if there are any Coleraine networking organizations.

Now It's Up To You

You have a dream -- starting a business in Coleraine. 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.

This site is all about helping entrepreneurs in Coleraine and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Coleraine 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 Coleraine, Minnesota

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

 

 

Additional Resources for Entrepreneurs

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Writing a Business Plan

Raising Money

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