June 5, 2020  
 
  Entrepreneurial Resources - Advice for Wisconsin Entrepreneurs  
  Galesville, Wisconsin Resources for Entrepreneurs  
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Opening a Business in Galesville, Wisconsin

Contemplating starting a business in Galesville, Wisconsin? We walk you through the process of opening a business in Galesville.

Galesville, Wisconsin Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 123
5-9 Employees 57
10-19 Employees 18
20-49 Employees 33
50-99 Employees 0
100-249 Employees 12
250-499 Employees 0
500-999 Employees 0
1000+ Employees 0
All Galesville Businesses 243

As a new Galesville entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Galesville 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
Automotive Parts and Accessories Stores 2
Baked Goods Stores 1
Beauty Salons 1
Beer, Wine, and Liquor Stores 1
Bowling Centers 1
Business Associations 1
Cemeteries and Crematories 1
Child Day Care Services 1
Convenience Stores 1
Credit Unions 1
Drinking Places (Alcoholic Beverages) 1
Farm Supplies Merchant Wholesalers 3
Food Product Machinery Manufacturing 1
Full-Service Restaurants 6
Funeral Homes and Funeral Services 1
General Automotive Repair 2
Industrial Mold Manufacturing 1
Insurance Agencies and Brokerages 3
Land Subdivision 1
Limited-Service Restaurants 2
Motor Vehicle Body Manufacturing 1
Motor Vehicle Metal Stamping 1
New Housing Operative Builders 1
Newspaper Publishers 1
Nursing Care Facilities 1
Office Supplies and Stationery Stores 1
Offices of Chiropractors 1
Offices of Dentists 1
Offices of Lawyers 2
Offices of Other Holding Companies 1
Pharmacies and Drug Stores 1
Public Relations Agencies 1
Residential Remodelers 1
Site Preparation Contractors 1
Sports and Recreation Instruction 1

Have You Considered Franchising?

As you drive around Galesville, you'll notice that many local entrepreneurs have gone the franchising route. But is franchising the right option for you?

Our recommendation is that you look into purchasing a franchise. On our site, you can read many articles about franchising, such as Franchise Law. 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 Symposium Café and Max Muscle. Alternatively, you can browse franchise categories, such as Home Repair Franchises and Miscellaneous Franchises.

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

Have You Considered Buying an Existing Galesville 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 Galesville.

If you are intent on buying a business, you may want to read this article: Hold Harmless Agreements When Buying Businesses.

Forming a Company in Galesville, Wisconsin

It's essential that your business is formed as a legal entity that is separate from its owners. The biggest 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 Wisconsin, it doesn't mean you are required to incorporate in Wisconsin. In fact, you can incorporate in any state you would like to. 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. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Offshore Company Formation. You should also consider getting professional assistance from your business lawyer. Finally, if you are starting a business in Galesville, Wisconsin, our information on Incorporating in Wisconsin may be a useful resource if you decide to incorporate in Wisconsin.

Don't Forget to Create a Business Plan

A business plan is essential in laying a solid foundation for your business success. Simply put, a business plan is a written description of the future you envision for your business. Not having a business plan is a recipe for disaster.

Before you start writing a business plan, we suggest you skim Business Plan Contests. You can also get free counseling sessions provided by your local SCORE chapter in Wisconsin.

Increase Your Entrepreneurial Knowledge

Good entrepreneurs recognize that they don't know everything.

As an entrepreneur who lives in Galesville, Wisconsin, you will want to take advantage of the learning programs at local Wisconsin educational institutions. It's also smart to see if there are any Galesville networking organizations.

Now It's Up To You

You have a dream -- starting a business in Galesville. 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.

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

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

 

 

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