Colorado Business Startup Guides
Opening a Business in Craig, Colorado
Contemplating starting a business in Craig, Colorado? We walk you through the process of opening a business in Craig.
Are You Ready for Entrepreneurship?
An entrepreneurial life is demanding, much harder than working as an employee. Are you sure you have the stamina and skills to succeed on your own?
Here are three things we recommend you do before you fully commit to starting a new business of your own.
- Speak with other entrepreneurs in Craig. Listen closely to their experiences and see if you think you too can be successful.
- You should read Business Failure. It's a good read for those who are thinking about becoming an entrepreneur.
- Involve a spouse, family member or trusted friend in the decision. Ask them directly: Do I have what it takes to be an entrepreneur? Listen carefully to their answer, as they presumably know your strengths and weaknesses.
Craig, Colorado Demographic Information
Craig has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Craig demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Craig.
Businesses
As a new Craig entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Craig 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
What About Buying an Existing Craig Business?
If you have some capital to play with, you may want to Buy a Business in Colorado. Follow that link and you may find several good businesses for sale in Craig.
Before buying a business, be sure to read this article: Buying a Business.
Naming the Company
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.
Pick a company name that isn't too generic. If you do a search engine search for your proposed name and a billion results come up, you may want to reconsider the name. It's much easier to come up in the search engines when your name is fairly unique.
Numerous company naming issues are discussed in more detail in this article: Naming a Business.
As a final piece of advice, remember that because you are starting a business in Craig, it's critical that you ensure that no other Colorado company is using the business name you want to use.
Raising Funding for Your Venture
Getting your Craig business the capital it needs to succeed is very difficult due to the ongoing business credit crunch. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.
Take advantage of our many articles on raising capital, such as Getting a Small Business Loan.
For Craig entrepreneurs who want to raise money for a new venture, you'll want to take a look at our List of Colorado Angel Investors and our List of Colorado Venture Capital Firms.
Improving Your Entrepreneurial Skillset
Successful entrepreneurs recognize that they don't know everything.
With your business being located in Craig, Colorado, you will want to take advantage of the learning programs at local Colorado educational institutions. It's also wise to see if there are any Craig networking organizations.
Never Give Up
As an entrepreneur in Craig, you won't be working for the boss anymore. You are the boss.
Owning your own business will be a daunting task, but you can do it.
This site is all about helping entrepreneurs in Craig and elsewhere to achieve real success. We have a wealth of experience in business start-ups, financing, marketing, sales and more...and we've made all of our knowledge available to you.
More Entrepreneurial Resources for Starting a Business in Craig, Colorado
Here are more links that we believe will help you be successful in starting a business in Craig.
- Resources for Craig, Colorado Entrepreneurs - Browse a variety of resources we've collected to assist Craig 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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