September 30, 2020  
 
  Entrepreneurial Resources - Advice for Alabama Entrepreneurs  
  Gilbertown, Alabama Resources for Entrepreneurs  
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Opening a Business in Gilbertown, Alabama

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

Will You Be a Good Entrepreneur?

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

Before you move forward with starting a business, be sure to do these three things:

  • Talk to other entrepreneurs in Gilbertown. They are usually very willing to share their insights on the ups and downs of being an entrepreneur.
  • We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
  • Get feedback from somebody whom you trust. Others sometimes know you better than you know yourself.

Gilbertown, Alabama Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 117
5-9 Employees 39
10-19 Employees 15
20-49 Employees 9
50-99 Employees 0
100-249 Employees 0
250-499 Employees 0
500-999 Employees 0
1000+ Employees 0
All Gilbertown Businesses 180

As a new Gilbertown entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Gilbertown 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
Beauty Salons 1
Boat Dealers 1
Children's and Infants' Clothing Stores 1
Convenience Stores 1
Full-Service Restaurants 1
Funeral Homes and Funeral Services 1
General Automotive Repair 2
Hardware Stores 2
Home Health Care Services 1
Household Appliance Stores 1
Insurance Agencies and Brokerages 1
Landscaping Services 1
Limited-Service Restaurants 1
Logging 3
New Housing Operative Builders 1
Newspaper Publishers 1
Offices of Dentists 1
One-Hour Photofinishing 1
Pharmacies and Drug Stores 1
Residential Remodelers 1
Sawmills 1
Site Preparation Contractors 1
Sporting Goods Stores 1
Support Activities for Forestry 1
Tax Preparation Services 1
Women's Clothing Stores 1

Company Formation in Gilbertown, Alabama

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 corporation, LLC, sole proprietorship, partnership or other structure.

Incorporating 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. Just because you are starting a business in Alabama, you don't necessarily have to incorporate in Alabama. In fact, you can incorporate in the state of your choosing. For example, it's very popular to incorporate in Delaware, and incorporating in Nevada has become very trendy as well. Don't forget, though, that you will have to register as a foreign entity in all states that you do business in.

There's a lot to know about forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Avoiding Personal Liability in Business. You should also consider getting professional assistance from your business lawyer. Finally, if you are starting a business in Gilbertown, Alabama, our information on Incorporating in Alabama may be a useful resource if you decide to incorporate in Alabama.

Do You Need a Business Plan?

A business plan is critical 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.

To learn more about business plans, read Business Plan Contests. You can also get free counseling sessions provided by your local SCORE chapter in Alabama.

Marketing Your New Business

Whether your goal is to attract Gilbertown customers or you plan on selling elsewhere, you'll need to have a good marketing plan.

You can learn plenty about marketing on our site. Marketing Research is a good read to get your marketing juices flowing. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.

The Art of Selling

Being able to sell is essential to your business success. Whether you are focused on selling local customers in Gilbertown or are selling to customers throughout Alabama, the United States or even the world, you have to be able to sell.

Good selling involves demonstrating that your wares meet your customer's needs. Let us help you refine your selling techniques through our many useful sales advice tips.

Selling Products on eBay offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.

What's Next?

You have a dream -- starting a business in Gilbertown. 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 Gilbertown and elsewhere to achieve real success. We have a wealth of experience in business start-ups, financing, marketing, sales and more...and we've made all of our knowledge available to you.

More Entrepreneurial Resources for Starting a Business in Gilbertown, Alabama

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

 

 

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