Georgia Business Startup Guides
Starting a Business in Cumming, Georgia
Thinking about starting a business in Cumming, Georgia? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Cumming.
Choosing the Right Company to Start
An important decision is what kind of business you want to start. We recommend that you read Business Ideas That Don't Make Sense.
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 Cargo Trailer Dealers Business guide or our Opening an Inventory Control Systems Business guide.
Remember that your new startup will be located in Cumming. The business you want to start may already be well-represented in Cumming. Only by spending some time analyzing Cumming demographics can you decide if there will be strong demand for your business idea.
Cumming, Georgia Demographic Information
Cumming has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Cumming demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Cumming.
Businesses
As a new Cumming entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Cumming 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
Is Buying an Existing Cumming Business a Good Strategy?
We've created a handy website page for those who want to Buy a Business in Georgia. Follow that link and you can assess several good businesses for sale in Cumming.
For anybody who wants to buy a business, we recommend reading this useful article: How to Buy 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.
Companies like Starbucks, Apple, Target, Microsoft and Intuit all have strong company names that are easy to remember and have become well-loved brands. Wouldn't it be nice if your new company name got on a similar track?
For other considerations regarding naming a company, we recommend this article: Naming a Company.
As a final piece of advice, remember that because you are opening a business in Cumming, it's critical that you ensure that your company name has not already been claimed by another Georgia business.
Raising Capital for Your Startup
Raising money to fund your new Cumming business 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.
For Cumming entrepreneurs in need of startup financing, check out our List of Georgia Angel Investors and our List of Georgia Venture Capital Firms.
How to Improve Your Entrepreneurial Abilities
Good business owners recognize that they need to continually improve.
Given that you are starting a business in Cumming, Georgia, you should get information on some of the many programs available at nearby Georgia universities, colleges and community colleges. You should also check if there are any Cumming networking organizations.
Moving Forward
As an entrepreneur in Cumming, you won't be working for the boss anymore. You are the boss.
From this point on, you control your own destiny.
We are here to help Cumming businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Cumming, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Cumming, Georgia
Here are more links that we believe will help you be successful in starting a business in Cumming.
- Resources for Cumming, Georgia Entrepreneurs - Browse a variety of resources we've collected to assist Cumming entrepreneurs.
- Georgia Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Georgia.
- Georgia Small Business Development Center - The Georgia SBDC program helps Georgia entrepreneurs with developing business plans, providing financial analysis, identifying sources of capital, and assessing marketing strategies.
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