April 10, 2020  
 
  Entrepreneurial Resources - Advice for Wisconsin Entrepreneurs  
  Frederic, Wisconsin Resources for Entrepreneurs  
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Open a Business in Frederic, Wisconsin

Need help starting a business in Frederic, Wisconsin? We've got the information you need to open a business in Frederic.

Which Business to Choose?

An important decision is what kind of business you want to start. You might get some good ideas about what kind of business to start by reading Finding Your Niche in Life.

For step-by-step instructions on starting a variety of business types, visit the Good Businesses to Start section of our site. For example, you might be interested in our Starting a Hydroponics Equipment & Supplies Business guide or our How to Start a Steel Barrels & Drums Business guide.

Remember that you are starting a business in Frederic. Some businesses will do better in Frederic than others. Study Frederic demographics and do a competitive analysis as part of your startup planning process.

Frederic, Wisconsin Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 219
5-9 Employees 69
10-19 Employees 24
20-49 Employees 21
50-99 Employees 6
100-249 Employees 0
250-499 Employees 0
500-999 Employees 0
1000+ Employees 0
All Frederic Businesses 339

As a new Frederic entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Frederic 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
Automotive Parts and Accessories Stores 1
Beauty Salons 3
Bed-and-Breakfast Inns 1
Bowling Centers 1
Cemeteries and Crematories 1
Commercial Bakeries 1
Commercial Screen Printing 1
Dental Laboratories 1
Drinking Places (Alcoholic Beverages) 7
Electric Power Distribution 2
Electrical Contractors 2
Family Clothing Stores 1
Finish Carpentry Contractors 1
Fitness and Recreational Sports Centers 1
Full-Service Restaurants 2
General Automotive Repair 3
General Freight Trucking, Local 1
Gift, Novelty, and Souvenir Stores 1
Golf Courses and Country Clubs 1
Hardware Stores 1
Insurance Agencies and Brokerages 1
Limited-Service Restaurants 4
Masonry Contractors 2
New Car Dealers 1
Newspaper Publishers 1
Nursing Care Facilities 1
Offices of Chiropractors 1
Offices of Dentists 2
Offices of Lawyers 1
Offices of Optometrists 1
Pharmacies and Drug Stores 2
Precision Turned Product Manufacturing 1
Ready-Mix Concrete Manufacturing 1
Remediation Services 1
Residential Remodelers 1
Retail Bakeries 1
Sawmills 1
Septic Tank and Related Services 1
Silverware and Hollowware Manufacturing 1
Site Preparation Contractors 1
Sporting Goods Stores 1
Tire Dealers 1
Used Car Dealers 1
Veterinary Services 1

Is Franchising a Better Option?

Visit the business district of Frederic and it's apparent that franchising has become a very popular way to start a business. Is it perhaps smarter to franchise a business instead of doing it from scratch.

Most business experts recommend that you consider franchising as an option. We have many articles on franchises, such as Franchise Due Diligence. Become a franchising expert of sorts by reading more of our Articles on Franchising.

You can find franchise opportunities by browsing our Franchise Opportunities Directory.

Sample franchise opportunities include Purified Water To Go and 1-800-Radiator. Alternatively, you can browse franchise categories, such as Rental Franchises and Hotel and Motel Franchises.

Note on Frederic Franchise Opportunities: To find out if a franchise you are interested in is available in Frederic, you will need to get in direct contact with the franchisor.

Naming the Business

Making the right decision when choosing a company name is very important. There are many decisions you'll make now that you can change later, but changing a company name years down the road is not very easy. So, choose a good company name at the outset.

Companies like Starbucks, Apple, Target, Microsoft and Intuit all have strong company names that are easy to remember and have become well-loved brands. Wouldn't it be nice if your new company name got on a similar track?

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

There's one other important factor when naming a business. Since you are planning on starting a business in Frederic, it's critical that you ensure that no Wisconsin company has already registered the company name you have selected.

Forming a Company in Frederic, Wisconsin

A critical step is ensuring that your business is formed as a legal entity that is separate from its owners. Doing so will shield you from personal liability for business debts and obligations.

When forming a company, you will choose from many company types, such as 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. If you are starting a business in Wisconsin, it doesn't mean you are required to incorporate in Wisconsin. 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 are many nuances to forming a company. To learn the basics of company formation, browse articles on our site, such as Incorporation Advice. You may also want to seek the advice of an attorney. On a final note, since you will be starting a business in Frederic, Wisconsin, our web page covering Incorporating in Wisconsin may be a useful resource if you decide to incorporate in Wisconsin.

Do You Need a Business Plan?

Having a business plan is essential in maximizing the prospects of your new company. Indeed, a business plan is a written description of the future you envision for your business. Failure to write a business plan makes you more prone to becoming a business failure statistic.

To learn more about business plans, read Free Business Plan Templates. You should also take advantage of face-to-face free consulting available from your local SCORE chapter in Wisconsin.

Improving Your Entrepreneurial Skillset

Good entrepreneurs recognize that they need to continually improve.

With your business being located in Frederic, Wisconsin, you should get information on some of the many programs available at nearby Wisconsin universities, colleges and community colleges. Another way to keep up on your learning is to investigate Frederic networking organizations.

Moving Forward

As an entrepreneur in Frederic, 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.

Our goal here is to promote the vitality and growth of small businesses in Frederic and throughout the United States . We believe entrepreneurship is an amazing engine for job creation in Frederic, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Frederic, Wisconsin

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

 

 

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