June 6, 2020  
 
  Entrepreneurial Resources - Advice for Wisconsin Entrepreneurs  
  Eagle River, Wisconsin Resources for Entrepreneurs  
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Start a Business in Eagle River, Wisconsin

Are you starting a business in Eagle River, Wisconsin? This article discusses the most important things to consider when opening a business in Eagle River.

Eagle River, Wisconsin Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 816
5-9 Employees 237
10-19 Employees 147
20-49 Employees 84
50-99 Employees 15
100-249 Employees 12
250-499 Employees 0
500-999 Employees 0
1000+ Employees 0
All Eagle River Businesses 1311

As a new Eagle River entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Eagle River 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
Ambulance Services 1
Architectural Services 1
Art Dealers 2
Automotive Exhaust System Repair 1
Automotive Parts and Accessories Stores 3
Beauty Salons 6
Beer and Ale Merchant Wholesalers 1
Boat Dealers 1
Book Stores 1
Bowling Centers 2
Business Associations 1
Camera and Photographic Supplies Stores 1
Car Washes 1
Carpet and Upholstery Cleaning Services 1
Cemeteries and Crematories 1
Child and Youth Services 1
Child Day Care Services 2
Civic and Social Organizations 1
Coin-Operated Laundries and Drycleaners 2
Commercial Bakeries 1
Commercial Lithographic Printing 1
Commercial Photography 1
Computer and Software Stores 1
Computer Systems Design Services 1
Couriers 1
Credit Unions 1
Custom Computer Programming Services 1
Cut Stock, Resawing Lumber, and Planing 2
Dental Laboratories 1
Drinking Places (Alcoholic Beverages) 8
Drywall and Insulation Contractors 1
Electrical Contractors 3
Elementary and Secondary Schools 1
Employment Placement Agencies 1
Engineering Services 1
Exterminating and Pest Control Services 1
Family Clothing Stores 1
Fine Arts Schools 1
Finish Carpentry Contractors 3
Fitness and Recreational Sports Centers 3
Flooring Contractors 3
Florists 1
Framing Contractors 2
Frozen Specialty Food Manufacturing 1
Full-Service Restaurants 29
Funeral Homes and Funeral Services 1
Furniture Stores 2
General Automotive Repair 6
General Medical and Surgical Hospitals 1
General Rental Centers 1
Gift, Novelty, and Souvenir Stores 8
Golf Courses and Country Clubs 1
Hardware Stores 1
Home Health Care Services 2
Insurance Agencies and Brokerages 4
Internet Service Providers 1
Janitorial Services 1
Jewelry Stores 1
Land Subdivision 2
Landscape Architectural Services 1
Landscaping Services 7
Limited-Service Restaurants 6
Livestock Merchant Wholesalers 1
Logging 3
Machine Shops 2
Marinas 1
Marketing Consulting Services 2
Masonry Contractors 4
Meat Markets 1
Motion Picture and Video Production 1
Motor Vehicle Towing 1
Museums 1
New Car Dealers 4
New Housing Operative Builders 1
Newspaper Publishers 2
Office Administrative Services 1
Offices of Certified Public Accountants 2
Offices of Chiropractors 1
Offices of Dentists 5
Offices of Lawyers 6
Offices of Optometrists 2
Offices of Real Estate Appraisers 1
Optical Goods Stores 1
Paint and Wallpaper Stores 1
Painting and Wall Covering Contractors 5
Pharmacies and Drug Stores 2
Professional Employer Organizations 2
Radio Stations 1
Ready-Mix Concrete Manufacturing 1
Real Estate Credit 1
Recreational Vehicle Dealers 1
Residential Remodelers 4
Retail Bakeries 1
Roofing Contractors 2
School and Employee Bus Transportation 1
Securities Brokerage 1
Septic Tank and Related Services 1
Siding Contractors 1
Site Preparation Contractors 5
Snack and Nonalcoholic Beverage Bars 2
Sporting Goods Stores 3
Tax Preparation Services 2
Testing Laboratories 1
Tile and Terrazzo Contractors 1
Tire Dealers 1
Title Abstract and Settlement Offices 2
Travel Agencies 1
Used Car Dealers 1
Used Household and Office Goods Moving 1
Veterinary Services 2
Wholesale Trade Agents and Brokers 2
Wired Telecommunications Carriers 2
Women's Clothing Stores 3

Is Franchising a Better Option?

As you drive around Eagle River, it becomes clear that purchasing a franchise is a common way to get started as an entrepreneur. Is franchising maybe a better way for you to start your business?

Our advice is to investigate buying a franchise. This site has dozens of articles on franchising, such as Franchising My Business. 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 Worldwide Express and InDemand Staffing. Alternatively, you can browse franchise categories, such as Home Décor Franchises and Mexican Restaurant Franchises.

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

Choosing a Company Name

A good company name can give a big boost to a new startup. It might seem like an easy thing to do, but there are many things to consider when naming a business.

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.

To get up to speed on what makes for a good company name, we encourage you to read this useful article: Branding Advice.

There's one other important factor when naming a business. Since you are starting a business in Eagle River, it's imperative that you check now that no other Wisconsin company is using the business name you want to use.

Company Formation in Eagle River, Wisconsin

It's very important that you are forming a legal entity that operates independently from you. Doing so will separate you from personal liability for business debts and obligations.

The entity you form can be a corporation, LLC, sole proprietorship, partnership or other structure.

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. Just because you are starting a business in Wisconsin, you don't necessarily have to incorporate in Wisconsin. In fact, you are allowed to incorporate wherever you want. For example, it's very popular to incorporate in Delaware, and incorporating in Nevada has become very trendy as well. Don't forget, though, that you will have to register as a foreign entity in all states that you do business in.

There's a lot to know about forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Registered Agents. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Eagle River, Wisconsin, our information on Incorporating in Wisconsin may be a useful resource if you decide to incorporate in Wisconsin.

The Role of the Business Plan

A business plan is critical in laying a solid foundation for your business success. Indeed, a business plan is a written description of the future you envision for your business. Starting a business without a business plan is a recipe for disaster.

If you want more information on writing business plans, we recommend reading Business Presentations. A great resource for business planning assistance is the free counseling sessions provided by your local SCORE chapter in Wisconsin.

The Art of Selling

Mastering the art of selling is essential if you want your new Eagle River business to do well.

So what does it take to bring in more prospects and close more business? Fortunately, we've got plenty of good advice to help you improve your selling skills.

Selling Products on eBay is worth reading, as it may give you some good ideas on how to sell your products or services. We have many more good articles on selling that you may enjoy reading.

Advancing Your Entrepreneurial Skills

The best entrepreneurs know that they don't know everything.

Given that you are starting a business in Eagle River, Wisconsin, you will want to take advantage of the many programs available at nearby Wisconsin universities, colleges and community colleges. It's also beneficial to see if there are any Eagle River networking organizations.

Next Steps

Most new Eagle River businesses underestimate the number of challenges they will face.

From this point on, you control your own destiny.

Our goal here is to promote the vitality and growth of small businesses in Eagle River and throughout the United States . We want to be there for you to answer your business questions, whether you are a new Eagle River 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 Eagle River, Wisconsin

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

 

 

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