California Business Startup Guides
Opening a Business in El Segundo, California
Contemplating starting a business in El Segundo, California? We walk you through the process of opening a business in El Segundo.
El Segundo, California Demographic Information
El Segundo has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for El Segundo demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in El Segundo.
Businesses
As a new El Segundo entrepreneur, you may also be interested in the table below. It shows how many businesses there are in El Segundo 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
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.
We strongly advocate that you make sure the ".com" domain name is available for your company name. Every business needs a strong Web presence these days, and having a non ".com" domain means somebody else may outrank you in the search results for your own company name.
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Business.
As a final piece of advice, remember that because you are starting a business in El Segundo, it's critical that you ensure that no other California company is using the business name you want to use.
Forming a Company in El Segundo, California
It's very important that your business is formed as a legal entity that is separate from its owners. Without a legal structure for the business, you can be held personally liable for the actions, debts and obligations of your company.
The entity you form can be 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 California, you don't necessarily have to incorporate in California. As it turns out, you are allowed to incorporate in the state of your choosing. 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 Incorporating Online. You may also want to seek the advice of an attorney. Finally, if you are starting a business in El Segundo, California, our information on Incorporating in California may be a useful resource if you decide to incorporate in California.
Raising Funding for Your Startup
Getting your El Segundo business the capital it needs to succeed is not an easy task. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.
Take advantage of our many articles on finding startup capital, such as Microlending as a Small Business Funding Source.
For El Segundo entrepreneurs on the hunt for startup funding, check out our List of California Angel Investors and our List of California Venture Capital Firms.
The Art of Selling
Do you know how to sell? In order to attract customers to your new El Segundo business, you need to focus on sales.
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.
Landing Big Customers offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.
Learning More About Entrepreneurship
The best business owners recognize that they need to continually improve.
As an entrepreneur who lives in El Segundo, California, you will want to take advantage of the many programs available at nearby California universities, colleges and community colleges. It's also worthwhile to see if there are any networking organizations for El Segundo entrepreneurs.
Never Give Up
As an entrepreneur in El Segundo, 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 El Segundo businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in El Segundo, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in El Segundo, California
Here are more links that we believe will help you be successful in starting a business in El Segundo.
- Resources for El Segundo, California Entrepreneurs - Browse a variety of resources we've collected to assist El Segundo entrepreneurs.
- California Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in California.
- Fresno, California Small Business Development Center - The UC Merced SBDC Regional Network assists Central California entrepreneurs and small business owners through counseling, training and business information.
- Los Angeles, California Small Business Development Center - The Los Angeles Regional Small Business Development Center Network (LA SBDC Network) is part of the national, U.S. Small Business Administration (SBA) effort to provide free one-on-one customized consulting services and low-cost training workshops to growing businesses and start-up businesses.
- Sacramento, California Small Business Development Center - As Northern California continues to grow demographically and economically, the Northeastern California Small Business Development Center (NECSBDC) at CSU, Chico is committed to helping communities prepare and plan for future growth.
- San Diego, California Small Business Development Center - The Small Business Development Center (SBDC) at Southwestern College serves entrepreneurs and small businesses in San Diego and Imperial Counties. The SBDC provides no-cost business assistance to start-up & existing businesses.
- San Francisco, California Small Business Development Center - The Northern California Network of Small Business Development Centers helps individuals start, manage and grow their businesses.
- Orange County Small Business Development Center - The Orange County SBDC is a leader in providing consulting, training, and technical assistance to the small business community.
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