May 31, 2020  
 
  Entrepreneurial Resources - Advice for Wisconsin Entrepreneurs  
  Ellsworth, Wisconsin Resources for Entrepreneurs  
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Starting a Business in Ellsworth, Wisconsin

Thinking about starting a business in Ellsworth, Wisconsin? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Ellsworth.

Are You Ready for the Challenges of Being an Entrepreneur?

Most new companies do not succeed, in part because the founder did not have the tenacity and/or the skills to succeed. So, before you open a business, consider all of the implications of being an entrepreneur.

Here are three things we recommend you do before you fully commit to starting a new business of your own.

  • Grab a meal or cofee with other entrepreneurs in Ellsworth. Listen closely to their experiences and see if you think you too can be successful.
  • Take a look at The Entrepreneurial Personality. It's a short article but it's a good reality check for those are about to jump into the world of entrepreneurship.
  • Reach out to a trusted acquaintance. 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.

What Business to Start

Choosing a business that is right for you is very important. You might get some good ideas about what kind of business to start by reading Business Ideas That Don't Make Sense.

For in-depth how-to guides on how to start specific businesses, browse our Good Businesses to Start section of our site. For example, you might be interested in our Starting a Bingo Business guide or our Opening an Enameling, Japanning, & Lacquering Business guide.

Always keep in mind that Ellsworth is the place where you are starting a business. Think about what needs are currently being underserved in Ellsworth. A critical consideration is whether Ellsworth demographics mesh well with your startup concept.

Ellsworth, Wisconsin Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 2224
5-9 Employees 936
10-19 Employees 456
20-49 Employees 216
50-99 Employees 96
100-249 Employees 0
250-499 Employees 0
500-999 Employees 0
1000+ Employees 0
All Ellsworth Businesses 3928

As a new Ellsworth entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Ellsworth 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
Animal (except Poultry) Slaughtering 1
Architectural Services 1
Automotive Parts and Accessories Stores 2
Automotive Transmission Repair 1
Beauty Salons 2
Beer, Wine, and Liquor Stores 1
Business Associations 2
Cheese Manufacturing 2
Court Reporting and Stenotype Services 1
Custom Computer Programming Services 1
Direct Title Insurance Carriers 1
Drinking Places (Alcoholic Beverages) 4
Drywall and Insulation Contractors 3
Electric Power Distribution 1
Electrical Contractors 4
Elementary and Secondary Schools 1
Farm Supplies Merchant Wholesalers 1
Finish Carpentry Contractors 1
Fitness and Recreational Sports Centers 2
Full-Service Restaurants 3
Funeral Homes and Funeral Services 1
General Automotive Repair 3
General Freight Trucking, Local 1
Golf Courses and Country Clubs 1
Hardware Stores 1
Heating Oil Dealers 1
Insurance Agencies and Brokerages 5
Jewelry Stores 1
Landscaping Services 1
Limited-Service Restaurants 4
Mobile Food Services 1
New Car Dealers 3
New Housing Operative Builders 1
Newspaper Publishers 1
Nursing Care Facilities 1
Offices of Chiropractors 3
Offices of Dentists 2
Offices of Lawyers 1
Offices of Other Holding Companies 1
Painting and Wall Covering Contractors 1
Ready-Mix Concrete Manufacturing 1
Residential Property Managers 1
Residential Remodelers 2
Roofing Contractors 2
Savings Institutions 1
Septic Tank and Related Services 2
Site Preparation Contractors 1
Title Abstract and Settlement Offices 2
Travel Agencies 1
Veterinary Services 1
Video Tape and Disc Rental 1
Vocational Rehabilitation Services 1

Have You Considered Buying an Existing Ellsworth Business?

We've created a helpful website page for those who want to Buy a Business in Wisconsin. Follow that link and you may find several good businesses for sale in Ellsworth.

Before buying a business, be sure to read this article: Hold Harmless Agreements When Buying Businesses.

Marketing Your New Venture

To grow your Ellsworth business, you'll need to have a good marketing plan.

You can learn quite a bit about marketing on our site. PR Versus Advertising discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.

How to Improve Your Entrepreneurial Abilities

The best business owners recognize that what they know now may not be enough to ensure their future success.

With your business being located in Ellsworth, Wisconsin, you will want to take advantage of the learning programs at local Wisconsin educational institutions. It's also worthwhile to see if there are any networking organizations for Ellsworth entrepreneurs.

Never Give Up

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

From this point on, you control your own destiny.

We are here to help Ellsworth businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Ellsworth, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Ellsworth, Wisconsin

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

 

 

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