January 22, 2021  
 
  Entrepreneurial Resources - Advice for South Carolina Entrepreneurs  
  Conway, South Carolina Resources for Entrepreneurs  
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Start a Business in Conway, South Carolina

Are you starting a business in Conway, South Carolina? This article discusses the most important things to consider when opening a business in Conway.

Choosing the Right Company to Start

An important decision is what kind of business you want to start. To stir your creative juices on what kind of business to start, take a look at Free 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 a Gunsmiths Business guide or our Opening a Personal Cell Phone Equipment & Supplies Business guide.

Remember that you are starting a business in Conway. Some businesses will do better in Conway than others. Study Conway demographics and do a competitive analysis as part of your startup planning process.

Conway, South Carolina Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 22800
5-9 Employees 9150
10-19 Employees 4830
20-49 Employees 2610
50-99 Employees 840
100-249 Employees 630
250-499 Employees 90
500-999 Employees 60
1000+ Employees 0
All Conway Businesses 41010

As a new Conway entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Conway 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
Appliance Repair and Maintenance 1
Architectural Services 1
Automotive Exhaust System Repair 1
Automotive Glass Replacement Shops 2
Automotive Parts and Accessories Stores 14
Automotive Transmission Repair 1
Baked Goods Stores 2
Beauty Salons 4
Bed-and-Breakfast Inns 2
Beer and Ale Merchant Wholesalers 1
Beer, Wine, and Liquor Stores 2
Boat Building 1
Boat Dealers 4
Book Stores 3
Broadwoven Fabric Finishing Mills 1
Building Inspection Services 1
Business Associations 3
Car Washes 5
Carpet and Upholstery Cleaning Services 2
Cemeteries and Crematories 1
Charter Bus Industry 1
Child and Youth Services 5
Child Day Care Services 18
Cigarette Manufacturing 1
Civic and Social Organizations 2
Claims Adjusting 1
Coin-Operated Laundries and Drycleaners 3
Commercial Lithographic Printing 1
Commercial Screen Printing 1
Computer and Software Stores 1
Computer Systems Design Services 1
Confectionery Merchant Wholesalers 2
Consumer Lending 11
Continuing Care Retirement Communities 1
Convenience Stores 6
Cosmetology and Barber Schools 1
Court Reporting and Stenotype Services 1
Credit Bureaus 1
Credit Unions 1
Curtain and Drapery Mills 1
Custom Computer Programming Services 2
Dance Companies 1
Direct Life Insurance Carriers 5
Discount Department Stores 1
Drinking Places (Alcoholic Beverages) 6
Drywall and Insulation Contractors 6
Educational Support Services 2
Electric Power Distribution 1
Electrical Contractors 28
Elementary and Secondary Schools 2
Engineering Services 4
Exterminating and Pest Control Services 3
Family Clothing Stores 6
Fine Arts Schools 1
Finish Carpentry Contractors 15
Fish and Seafood Markets 3
Fitness and Recreational Sports Centers 1
Flight Training 1
Floor Covering Stores 3
Flooring Contractors 7
Florists 5
Food Service Contractors 2
Framing Contractors 6
Freight Transportation Arrangement 1
Full-Service Restaurants 30
Funeral Homes and Funeral Services 7
Furniture Merchant Wholesalers 2
Furniture Stores 8
General Automotive Repair 16
General Freight Trucking, Local 5
General Medical and Surgical Hospitals 1
General Warehousing and Storage 2
Gift, Novelty, and Souvenir Stores 2
Glass and Glazing Contractors 2
Golf Courses and Country Clubs 7
Grantmaking Foundations 1
Hardware Stores 3
Heating Oil Dealers 1
Historical Sites 1
Hobby, Toy, and Game Stores 1
Home Centers 1
Home Health Care Services 4
Home Health Equipment Rental 3
Homes for the Elderly 2
Household Appliance Stores 1
Industrial Design Services 1
Industrial Launderers 1
Industrial Valve Manufacturing 1
Insurance Agencies and Brokerages 17
Investigation Services 1
Investment Advice 1
Janitorial Services 16
Jewelry Stores 6
Kidney Dialysis Centers 1
Land Subdivision 8
Landscaping Services 35
Lessors of Other Real Estate Property 3
Limited-Service Restaurants 49
Local Messengers and Local Delivery 1
Locksmiths 1
Logging 4
Machine Shops 3
Mail-Order Houses 1
Manufactured (Mobile) Home Dealers 9
Marinas 1
Masonry Contractors 15
Materials Recovery Facilities 1
Meat Markets 1
Medical Laboratories 1
Men's Clothing Stores 2
Mixed Mode Transit Systems 1
Mortgage and Nonmortgage Loan Brokers 2
New Car Dealers 6
New Housing Operative Builders 5
News Syndicates 1
Newspaper Publishers 1
Nonresidential Property Managers 2
Nursing Care Facilities 3
Office Administrative Services 5
Office Supplies and Stationery Stores 1
Offices of Certified Public Accountants 6
Offices of Chiropractors 6
Offices of Dentists 19
Offices of Lawyers 41
Offices of Optometrists 5
Offices of Podiatrists 2
Offices of Real Estate Appraisers 4
Ophthalmic Goods Merchant Wholesalers 1
Optical Goods Stores 3
Outdoor Power Equipment Stores 3
Paint and Wallpaper Stores 2
Painting and Wall Covering Contractors 14
Payroll Services 1
Periodical Publishers 2
Pet and Pet Supplies Stores 1
Pet Care (except Veterinary) Services 3
Pharmacies and Drug Stores 9
Photography Studios, Portrait 3
Private Mail Centers 1
Public Relations Agencies 2
Quick Printing 2
Radio Stations 2
Ready-Mix Concrete Manufacturing 1
Real Estate Credit 2
Residential Property Managers 4
Residential Remodelers 11
Retail Bakeries 1
Reupholstery and Furniture Repair 3
Roofing Contractors 7
Sales Financing 1
Savings Institutions 5
Sawmills 2
Securities Brokerage 4
Security Guards and Patrol Services 1
Septic Tank and Related Services 2
Sheet Metal Work Manufacturing 1
Shoe Stores 4
Siding Contractors 5
Sign Manufacturing 1
Site Preparation Contractors 11
Snack and Nonalcoholic Beverage Bars 1
Software Reproducing 1
Solid Waste Collection 5
Solid Waste Landfill 1
Sporting Goods Stores 2
Sports and Recreation Instruction 1
Support Activities for Forestry 2
Tax Preparation Services 2
Telecommunications Resellers 1
Testing Laboratories 1
Theater Companies and Dinner Theaters 1
Tile and Terrazzo Contractors 1
Tire Dealers 3
Tire Retreading 1
Title Abstract and Settlement Offices 9
Tour Operators 1
Translation and Interpretation Services 1
Travel Agencies 1
Truss Manufacturing 1
Used Car Dealers 7
Used Household and Office Goods Moving 1
Used Merchandise Stores 5
Veterinary Services 3
Video Tape and Disc Rental 2
Warehouse Clubs and Supercenters 1
Water Supply and Irrigation Systems 1
Wholesale Trade Agents and Brokers 2
Window Treatment Stores 1
Wired Telecommunications Carriers 2
Women's Clothing Stores 3
Wood Preservation 2
Wood Window and Door Manufacturing 1

What About Franchising Opportunities?

As you drive around Conway, you'll notice that many local entrepreneurs have gone the franchising route. Should you be giving franchising serious consideration?

Most business experts recommend that you investigate buying a franchise. This site has dozens of articles on franchising, such as Before Buying a Franchise. Get a thorough education on franchising by browsing all of our Articles on Franchising.

A comprehensive list of franchisors is available via our List of Franchise Opportunities.

Sample franchise opportunities include Sutton and Candy Bouquet. Alternatively, you can browse franchise categories, such as Bagel Franchises and Convenience Store Franchises.

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

Is Buying an Existing Conway Business a Good Strategy?

We've created a helpful website page for those who want to Buy a Business in South Carolina. Follow that link and you may find several good businesses for sale in Conway.

For anybody who wants to buy a business, we recommend reading this useful article: How to Buy a Business.

Choosing a Company Name

Making the right decision when choosing a company name is very important. There are many decisions you'll make now that you can change later, but changing a company name years down the road is not very easy. So, choose a good company name at the outset.

Company names need to be easy to spell, easy to pronounce, and easy to remember.

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 Conway, it's very important that you make sure no other South Carolina company is using the business name you want to use.

Increase Your Entrepreneurial Knowledge

Good entrepreneurs know that they don't know everything.

With your business being located in Conway, South Carolina, you will want to take advantage of the many programs available at nearby South Carolina universities, colleges and community colleges. It's also beneficial to see if there are any Conway networking organizations.

Never Give Up

You have a dream -- starting a business in Conway. 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 Conway businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Conway 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 Conway, South Carolina

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

 

 

Additional Resources for Entrepreneurs

Buying a Business

Writing a Business Plan

Raising Money

Incorporate

Small Business Marketing

Advertising Advice

Public Relations -

Customer Service Tips

Entrepreneurial Selling

Workplace Safety