Arizona Business Startup Guides
Starting a Business in Fountain Hills, Arizona
Thinking about starting a business in Fountain Hills, Arizona? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Fountain Hills.
Fountain Hills, Arizona Demographic Information
Fountain Hills has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Fountain Hills demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Fountain Hills.
Businesses
As a new Fountain Hills entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Fountain Hills 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
Is a Franchise Opportunity Right For You?
As you drive around Fountain Hills, you'll conclude that many business owners have opted to buy a franchise, rather than starting a business on their own. Evidently, there must be some significant advantages to purchasing a franchise.
Our recommendation is that you consider franchising as an option. This site has dozens of articles on franchising, such as Franchise Due Diligence. 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.
Sample franchise opportunities include Help-U-Sell Real Estate and Carlson Wagonlit Travel Associates, Inc.. Alternatively, you can browse franchise categories, such as Tax Preparation Franchises and Child Safety Franchises.
Note on Fountain Hills Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Fountain Hills.
Have You Considered Buying an Existing Fountain Hills Business?
An excellent way to get started in business is to Buy a Business in Arizona. Follow that link and you may find several good businesses for sale in Fountain Hills.
If you are going to be buying a business, you may want to read this article: Hold Harmless Agreements When Buying 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.
Company names need to be easy to spell, easy to pronounce, and easy to remember.
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 planning on starting a business in Fountain Hills, it's very important that you make sure no other Arizona company is using the business name you want to use.
Forming a Company in Fountain Hills, Arizona
It's very important that you form your business as a legal structure. The main advantage of forming your new business as a legal entity is that it separates your business liabilities from your personal liabilities.
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. A key decision is whether to form and S-Corp or a C-Corp, and you also must decide in which state you will incorporate. If you are starting a business in Arizona, you don't necessarily have to incorporate in Arizona. In fact, you can incorporate wherever you want. 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 Corporate Formalities. You should also consider getting professional assistance from your business lawyer. Finally, if you are starting a business in Fountain Hills, Arizona, our information on Incorporating in Arizona may be a useful resource if you decide to incorporate in Arizona.
The Role of the Business Plan
A business plan is essential to the health of your new business. In effect, a business plan is a written description of the future you envision for your business. Failure to write a business plan is a recipe for disaster.
To learn more about business plans, read Business Plan Contests. You can also get free counseling sessions provided by your local SCORE chapter in Arizona.
Where to Get Money to Start a Company
Getting your Fountain Hills business the capital it needs to succeed is a difficult chore. In fact, financing your new business may be the hardest challenge you ever face.
Take advantage of our many articles on finding startup capital, such as Realistic Debt Financing Options.
For Fountain Hills entrepreneurs with great ambition but a shortage of investment capital, check out our List of Arizona Angel Investors and our List of Arizona Venture Capital Firms.
What's Next?
You have a dream -- starting a business in Fountain Hills. To achieve your dream, you have to persevere, even when the odds are against you.
If you choose the right business and love what you do, you will greatly increase your odds of success.
We are here to help Fountain Hills businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Fountain Hills, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Fountain Hills, Arizona
Here are more links that we believe will help you be successful in starting a business in Fountain Hills.
- Resources for Fountain Hills, Arizona Entrepreneurs - Browse a variety of resources we've collected to assist Fountain Hills entrepreneurs.
- Arizona Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Arizona.
- Arizona Small Business Development Center - Arizona�s Small Business Development Center Network is an innovative partnership between the state�s ten community college districts and the U.S. Small Business Administration. The network is the largest and most accessible source of assistance to Arizona businesses with fewer than 200 employees.
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