Missouri Business Startup Guides

Start a Business in Gallatin, Missouri

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

Will You Be a Successful Entrepreneur?

Before announcing to the world that you are going to start your own business, take inventory of your entrepreneurial instincts and capabilities.

Because entrepreneurship is not for everyone, we recommend you do the following to help you assess whether you should move forward with starting a business:

  • Talk to other entrepreneurs in Gallatin. They are usually very willing to share their insights on the ups and downs of being 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. Others sometimes know you better than you know yourself.

Gallatin, Missouri Demographic Information

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

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

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 Gallatin Businesses

As a new Gallatin entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Gallatin 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
Boat Dealers
Drywall and Insulation Contractors
Electronic Computer Manufacturing
Family Clothing Stores
Floor Covering Stores
Flooring Contractors
Funeral Homes and Funeral Services
General Automotive Repair
Golf Courses and Country Clubs
Hardware Stores
Insurance Agencies and Brokerages
Jewelry (except Costume) Manufacturing
Landscaping Services
Machine Shops
Meat Markets
Offices of Chiropractors
Offices of Dentists
Offices of Lawyers
Pharmacies and Drug Stores
Tax Preparation Services
Title Abstract and Settlement Offices
Used Merchandise Stores
Wholesale Trade Agents and Brokers
Wired Telecommunications Carriers
Women's Clothing Stores

Have You Considered Franchising?

As you drive around Gallatin, you'll notice that many local entrepreneurs have gone the franchising route. Would going with a franchise be a good idea for you?

Our recommendation is that you investigate buying a franchise. We have many articles on franchises, such as Evaluating Franchise Opportunities. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.

To learn about specific franchise opportunities, check out our Franchise Directory.

Sample franchise opportunities include Rotelli Pizza & Pasta and Hard Times Café. Alternatively, you can browse franchise categories, such as Retail Franchises and Party Supply Franchises.

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

Have You Considered Buying an Existing Gallatin Business?

We've created a useful website page for those who want to Buy a Business in Missouri. Follow that link and you may find several good businesses for sale in Gallatin.

If you are intent on buying a business, you may want to read this article: Buying a Business.

Picking a Company Name

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.

Even if the name doesn't do it by itself, many naming experts believe there should be a story behind the name that ties into your company mission.

For other considerations regarding naming a company, we recommend this article: Naming a Business.

There's one other important factor when naming a business. Since you are planning on starting a business in Gallatin, it's very important that you make sure no other Missouri company is using the business name you want to use.

Forming a Company in Gallatin, Missouri

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.

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

Incorporation is a very popular way to form a business. Of course, you have to decide which type of corporation to form and where to incorporate. If you are starting a business in Missouri, you don't necessarily have to incorporate in Missouri. In fact, you are allowed to 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. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Subchapter S Corporations. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Gallatin, Missouri, our information on Incorporating in Missouri may be a useful resource if you decide to incorporate in Missouri.

Learning More About Entrepreneurship

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

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

What's Next?

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

From this point on, you control your own destiny.

We are here to help Gallatin businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Gallatin 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 Gallatin, Missouri

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

Starting-a-Business Guides for Other Cities in Missouri

Starting a Business in Gainesville
Starting a Business in Gladstone

Browse All Business Startup Guides for Missouri
Starting a Business Guides for Other States



Share this article

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary