Colorado Business Startup Guides
Open a Business in Colorado Springs, Colorado
Need help starting a business in Colorado Springs, Colorado? We've got the information you need to open a business in Colorado Springs.
Are You Sure You Want to Do This?
Before quitting your day job, take inventory of your entrepreneurial instincts and capabilities.
While entrepreneurship has become a popular career choice, we recommend you do the following before you take the plunge:
- Speak with other entrepreneurs in Colorado Springs. Ask them candidly what it's like to run a business.
- You should read The Entrepreneurial Personality. It's a good read for those who are thinking about becoming an entrepreneur.
- Reach out to a trusted acquaintance. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.
What Type of Business Should You Start?
There are many businesses that you can start. How do you know which type of business is right for you? If you are struggling with what type of business to start, read Good Business Ideas.
If you still are not sure what type of business to start, peruse the Good Businesses to Start section of our site. For example, you might be interested in our How to Start an Artificial Flowers & Trees Retail Business guide or our Opening a Retirement Benefits Business guide.
Always keep in mind that starting a business in Colorado Springs has some implications. If Colorado Springs already has plenty of the kind of business you want to start, you might want to change your plans. Make sure you fully understand Colorado Springs demographics before you lock in on your business idea.
Colorado Springs, Colorado Demographic Information
Colorado Springs has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Colorado Springs demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Colorado Springs.
Businesses
As a new Colorado Springs entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Colorado Springs 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
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.
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Branding Advice.
On a final note, given that you are planning on starting a business in Colorado Springs, it's very important that you make sure no other Colorado company is using the business name you want to use.
Getting Money to Start a Business
Getting your Colorado Springs business the capital it needs to succeed is not an easy task. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.
To learn about raising money, we recommend you read the fundraising articles on our site, such as 504 Loans.
For Colorado Springs entrepreneurs in need of startup financing, browse our List of Colorado Angel Investors and our List of Colorado Venture Capital Firms.
How to Sell
Being able to sell is essential to your business success. Whether you are focused on selling local customers in Colorado Springs or are selling to customers throughout Colorado, the United States or even the world, you have to be able to sell.
Why should customers buy from you instead of buying from competitors? Fortunately, we've got plenty of good advice to help you improve your selling skills.
Writing Great Proposals offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.
Colorado Springs Entrepreneur Interviews
We're compiling a number of interviews with Colorado Springs entrepreneurs. Enjoy!
Next Steps
You have a dream -- starting a business in Colorado Springs. To achieve your dream, you have to persevere, even when the odds are against you.
Owning your own business will be a daunting task, but you can do it.
We are here to help Colorado Springs businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Colorado Springs 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 Colorado Springs, Colorado
Here are more links that we believe will help you be successful in starting a business in Colorado Springs.
- Resources for Colorado Springs, Colorado Entrepreneurs - Browse a variety of resources we've collected to assist Colorado Springs entrepreneurs.
- Colorado Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Colorado.
- Colorado Small Business Development Center - The Colorado Small Business Development Center (SBDC) Network is dedicated to helping small businesses throughout Colorado achieve their goals by providing free confidential counseling and various training programs.
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