August 3, 2020  
 
  Entrepreneurial Resources - Advice for Illinois Entrepreneurs  
  Evergreen Park, Illinois Resources for Entrepreneurs  
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Open a Business in Evergreen Park, Illinois

Need help starting a business in Evergreen Park, Illinois? We've got the information you need to open a business in Evergreen Park.

Will You Be a Good Entrepreneur?

Running your own business is difficult, much harder than working as an employee. Are you certain you have the stamina and skills to succeed on your own?

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

  • Talk to other entrepreneurs in Evergreen Park. They are usually very willing to share their insights on the ups and downs of being an entrepreneur.
  • We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
  • Get feedback from somebody whom you trust. Others sometimes know you better than you know yourself.

Evergreen Park, Illinois Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 896
5-9 Employees 354
10-19 Employees 267
20-49 Employees 138
50-99 Employees 30
100-249 Employees 9
250-499 Employees 3
500-999 Employees 0
1000+ Employees 3
All Evergreen Park Businesses 1700

As a new Evergreen Park entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Evergreen Park 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
Appliance Repair and Maintenance 2
Automotive Exhaust System Repair 1
Automotive Parts and Accessories Stores 1
Automotive Transmission Repair 1
Baked Goods Stores 2
Beauty Salons 10
Book Stores 2
Bowling Centers 1
Business Associations 1
Cable and Other Program Distribution 1
Car Washes 1
Cemeteries and Crematories 3
Child and Youth Services 1
Children's and Infants' Clothing Stores 3
Civic and Social Organizations 2
Claims Adjusting 1
Clothing Accessories Stores 6
Commercial Lithographic Printing 2
Commercial Photography 1
Commodity Contracts Brokerage 2
Commodity Contracts Dealing 1
Computer and Software Stores 2
Computer Systems Design Services 1
Consumer Lending 3
Convenience Stores 1
Credit Unions 3
Custom Computer Programming Services 2
Diagnostic Imaging Centers 1
Diet and Weight Reducing Centers 2
Direct Life Insurance Carriers 1
Direct Mail Advertising 1
Direct Title Insurance Carriers 1
Drinking Places (Alcoholic Beverages) 3
Electrical Contractors 13
Elementary and Secondary Schools 1
Family Clothing Stores 6
Fine Arts Schools 3
Finish Carpentry Contractors 2
Fitness and Recreational Sports Centers 4
Floor Covering Stores 1
Flooring Contractors 1
Florists 2
Food (Health) Supplement Stores 2
Food Service Contractors 1
Footwear and Leather Goods Repair 1
Formal Wear and Costume Rental 1
Framing Contractors 4
Freight Transportation Arrangement 1
Full-Service Restaurants 13
Funeral Homes and Funeral Services 4
Furniture Merchant Wholesalers 1
Furniture Stores 3
General Automotive Repair 5
General Freight Trucking, Local 2
General Medical and Surgical Hospitals 1
General Warehousing and Storage 2
Gift, Novelty, and Souvenir Stores 1
Glass and Glazing Contractors 1
Golf Courses and Country Clubs 1
Hardware Stores 1
Home Health Care Services 3
Home Health Equipment Rental 1
Homes for the Elderly 1
Industrial Launderers 1
Insurance Agencies and Brokerages 15
Investigation Services 1
Investment Advice 5
Janitorial Services 4
Jewelry Stores 8
Kidney Dialysis Centers 1
Landscaping Services 5
Limited-Service Restaurants 19
Masonry Contractors 5
Meat Markets 1
Medical Laboratories 2
Men's Clothing Stores 7
Mortgage and Nonmortgage Loan Brokers 4
Motor Vehicle Towing 1
Nail Salons 2
New Car Dealers 1
New Housing Operative Builders 1
Nursing Care Facilities 2
Office Administrative Services 2
Office Supplies and Stationery Stores 2
Offices of Certified Public Accountants 4
Offices of Chiropractors 2
Offices of Dentists 15
Offices of Lawyers 10
Offices of Optometrists 2
Offices of Podiatrists 2
Offices of Real Estate Appraisers 2
Optical Goods Stores 3
Paint and Wallpaper Stores 2
Painting and Wall Covering Contractors 7
Periodical Publishers 1
Pharmacies and Drug Stores 4
Photography Studios, Portrait 1
Portfolio Management 1
Professional Organizations 1
Residential Property Managers 1
Residential Remodelers 10
Retail Bakeries 2
Roofing Contractors 2
Securities Brokerage 1
Shoe Stores 14
Sign Manufacturing 1
Snack and Nonalcoholic Beverage Bars 5
Sound Recording Studios 1
Sporting Goods Stores 2
Sports and Recreation Instruction 1
Tax Preparation Services 2
Telephone Answering Services 1
Title Abstract and Settlement Offices 1
Tobacco Stores 2
Travel Agencies 1
Veterinary Services 3
Warehouse Clubs and Supercenters 1
Wholesale Trade Agents and Brokers 2
Window Treatment Stores 1
Wired Telecommunications Carriers 1
Women's Clothing Stores 13

Should You Franchise?

Examine a list of Evergreen Park businesses and it's apparent that franchising has become a very popular way to start a business. But is franchising the right option for you?

We highly recommend you consider franchising as an option. We have many articles on franchises, such as Understanding Franchise Contracts. Become a franchising expert of sorts by reading more of our Articles on Franchising.

You can review hundreds of franchise opportunities by browing our Franchise Directory.

Representative franchise opportunities include Precision Tune Auto Care and HomeCare Living Network. Alternatively, you can browse franchise categories, such as Wine Franchises and Marketing, Sales and Advertising Franchises.

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

What About Buying an Existing Evergreen Park Business?

If you have some capital to play with, you may want to Buy a Business in Illinois. Follow that link and you may find several good businesses for sale in Evergreen Park.

Before buying a business, be sure to read this article: How to Buy a Business.

Selecting a Name For Your Venture

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.

Company names should be fun to say, and they should help people to understand what you do and how you differentiate yourself in the market.

Numerous company naming issues are discussed in more detail in this article: Naming a Business.

On a final note, given that you are opening a business in Evergreen Park, it's critical that you ensure that no other Illinois company is using the business name you want to use.

Company Formation in Evergreen Park, Illinois

It's essential that your business is formed as a legal entity that is separate from its owners. Doing so will protect you from personal liability for business debts and obligations.

The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.

Incorporating is a very common way to legally create a business entity. Of course, you have to decide which type of corporation to form and where to incorporate. Just because you are starting a business in Illinois, you don't necessarily have to incorporate in Illinois. As it turns out, you can 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'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 Pre-Incorporation Agreements. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Evergreen Park, Illinois, our information on Incorporating in Illinois may be a useful resource if you decide to incorporate in Illinois.

What's Next?

As an entrepreneur in Evergreen Park, you won't be working for the boss anymore. You are the boss.

Owning your own business will be a daunting task, but you can do it.

This site is all about helping entrepreneurs in Evergreen Park and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Evergreen Park, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Evergreen Park, Illinois

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

 

 

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