Alabama Business Startup Guides
Open a Business in Decatur, Alabama
Need help starting a business in Decatur, Alabama? We've got the information you need to open a business in Decatur.
Decatur, Alabama Demographic Information
Decatur has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Decatur demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Decatur.
Businesses
As a new Decatur entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Decatur 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 Franchising Opportunities?
As you drive around Decatur, you'll notice that many local entrepreneurs have gone the franchising route. Is it perhaps smarter to franchise a business instead of doing it from scratch.
Most business experts recommend that you consider franchising as an option. We have many articles on franchises, such as Franchising and Veterans. Get a thorough education on franchising by browsing all of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Representative franchise opportunities include Chyten Educational Services and MarbleLife. Alternatively, you can browse franchise categories, such as Car Wash Franchises and Healthy Alternative Foods Franchises.
Note on Decatur Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Decatur.
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.
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.
For other considerations regarding naming a company, we recommend this article: Naming a Company.
On a final note, given that you are planning on starting a business in Decatur, it's very important that you make sure no Alabama company has already registered the company name you have selected.
Forming a Company in Decatur, Alabama
It's very important that your business is formed as a legal entity that is separate from its owners. Doing so will shield you from personal liability for business debts and obligations.
When forming a company, you will choose from many company types, such as a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporating is a very popular way to form a business. Of course, you have to decide which type of corporation to form and where to incorporate. If you are starting a business in Alabama, you don't necessarily have to incorporate in Alabama. In fact, you can incorporate wherever you want. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.
There are many nuances to forming a company. To learn the fundamentals of company formation, browse articles on our site, such as Dissolving a Corporation. You may also want to seek the advice of an attorney. On a final note, since you will be starting a business in Decatur, Alabama, our web page covering Incorporating in Alabama may be a useful resource if you decide to incorporate in Alabama.
The Art of Selling
Being able to sell is fundamental to your business success. Whether you are focused on selling local customers in Decatur or are selling to customers throughout Alabama, the United States or even the world, you have to be able to sell.
So what does it take to bring in more prospects and close more business? Let us help you refine your selling techniques through our many useful sales advice tips.
Selling with Questions offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.
Advancing Your Entrepreneurial Skills
Successful business owners recognize that they don't know everything.
As an entrepreneur who lives in Decatur, Alabama, you should check out some of the many programs available at nearby Alabama universities, colleges and community colleges. Another way to keep up on your learning is to investigate networking groups or organizations in which Decatur entrepreneurs get together to network and trade their business experiences.
Never Give Up
You have a dream -- starting a business in Decatur. 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.
This site is all about helping entrepreneurs in Decatur and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Decatur, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Decatur, Alabama
Here are more links that we believe will help you be successful in starting a business in Decatur.
- Resources for Decatur, Alabama Entrepreneurs - Browse a variety of resources we've collected to assist Decatur entrepreneurs.
- Alabama Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Alabama.
- Alabama Small Business Development Center - Alabama's Small Business Development Center (SBDC) counsels and trains business people in a wide variety of business topics and provides comprehensive information services and access to experts in many fields. Counseling is provided free of charge to all Alabama small business owners.
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