Indiana Business Startup Guides

Start a Business in Fairmount, Indiana

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

Is Becoming an Entrepreneur Right for You?

Before you get too far along in the process, take inventory of your entrepreneurial instincts and capabilities.

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 Fairmount. Get their take on what it's really like to be an entrepreneur.
  • We recommend reading Characteristics of Successful Entrepreneurs. For aspiring new entrepreneurs, it's a must read article.
  • Seek the advice of somebody who knows you well. That's the best way to get a truly objective assessment as to whether others think you have what it takes.

What Business Are You Starting?

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 Furnished Apartments Business guide or our Opening an Olive Oil Wholesale Business guide.

Remember that you are starting a business in Fairmount. The business you want to start may already be well-represented in Fairmount. Don't forget to review Fairmount demographics to see if there's a market for what you want to sell.

Fairmount, Indiana Demographic Information

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

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

Business Size
# of
1-4 Employees
5-9 Employees
10-19 Employees
20-49 Employees
50-99 Employees
100-249 Employees
250-499 Employees
500-999 Employees
1000+ Employees
All Fairmount Businesses

As a new Fairmount entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Fairmount 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
Beer, Wine, and Liquor Stores
Cemeteries and Crematories
Child Day Care Services
Civic and Social Organizations
Electrical Contractors
Farm Supplies Merchant Wholesalers
Full-Service Restaurants
Funeral Homes and Funeral Services
Furniture Merchant Wholesalers
Furniture Stores
General Automotive Repair
Gift, Novelty, and Souvenir Stores
Hardware Stores
Insurance Agencies and Brokerages
Landscaping Services
Limited-Service Restaurants
Masonry Contractors
Metal Tank (Heavy Gauge) Manufacturing
Motor Vehicle Body Manufacturing
New Car Dealers
Offices of Certified Public Accountants
Offices of Dentists
Outdoor Power Equipment Stores
Pet Care (except Veterinary) Services
Pharmacies and Drug Stores
Residential Remodelers
Site Preparation Contractors
Used Merchandise Stores
Veterinary Services
Wholesale Trade Agents and Brokers
Wired Telecommunications Carriers

Make Sure You Have a Business Plan

Writing a business plan is critical to the health of your new business. Simply put, a business plan is a written description of the future you envision for your business. Failure to write a business plan will greatly reduce your chances of business success.

To learn more about business plans, read Business Plan Contests. You can also get free business counselors available to you through your local SCORE chapter in Indiana.

Getting Money to Start a Business

Getting your Fairmount business the capital it needs to succeed is very difficult due to the ongoing business credit crunch. 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 raising money, such as Business Incubators.

For Fairmount entrepreneurs on the hunt for startup funding, check out our List of Indiana Angel Investors and our List of Indiana Venture Capital Firms.

Advancing Your Entrepreneurial Skills

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

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

Moving Forward

You have a dream -- starting a business in Fairmount. To achieve your dream, you have to persevere, even when the odds are against you.

From this point on, you control your own destiny.

This site is all about helping entrepreneurs in Fairmount and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Fairmount 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 Fairmount, Indiana

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

More Startup Articles for Indiana Cities

Starting a Business in Evansville
Starting a Business in Ferdinand

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