May 29, 2020  
 
  Entrepreneurial Resources - Advice for Wisconsin Entrepreneurs  
  Grantsburg, Wisconsin Resources for Entrepreneurs  
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Start a Business in Grantsburg, Wisconsin

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

Is Becoming a Business Owner Right for You?

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

To determine whether you have what it takes to run a business, we recommend these three steps to help you decide:

  • Reach out to other entrepreneurs in Grantsburg. Get their take on what it's really like to be an entrepreneur.
  • Peruse Should You Become an Entrepreneur?. This is one of our more popular articles for folks who want to go into business for themselves.
  • Have a candid conversation with friends and family. That's the best way to get a truly objective assessment as to whether others think you have what it takes.

Grantsburg, Wisconsin Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 168
5-9 Employees 78
10-19 Employees 60
20-49 Employees 24
50-99 Employees 6
100-249 Employees 6
250-499 Employees 3
500-999 Employees 0
1000+ Employees 0
All Grantsburg Businesses 345

As a new Grantsburg entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Grantsburg 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
Architectural Services 1
Automotive Parts and Accessories Stores 2
Book Publishers 1
Caterers 1
Cheese Manufacturing 1
Child Day Care Services 1
Civic and Social Organizations 1
Computer and Software Stores 1
Credit Unions 1
Custom Compounding of Purchased Resins 1
Drinking Places (Alcoholic Beverages) 2
Electric Power Distribution 2
Electrical Contractors 2
Fitness and Recreational Sports Centers 3
Florists 2
Framing Contractors 1
Full-Service Restaurants 5
Funeral Homes and Funeral Services 1
General Medical and Surgical Hospitals 1
Gift, Novelty, and Souvenir Stores 1
Hardware Stores 1
Homes for the Elderly 1
Insurance Agencies and Brokerages 2
Landscaping Services 1
Machine Shops 3
Motorcycle Dealers 1
New Car Dealers 1
Newspaper Publishers 1
Offices of Certified Public Accountants 1
Offices of Lawyers 2
Offices of Optometrists 1
Painting and Wall Covering Contractors 1
Pharmacies and Drug Stores 2
Plastics Plumbing Fixture Manufacturing 1
Recreational Goods Rental 1
Residential Remodelers 1
Roofing Contractors 1
School and Employee Bus Transportation 2
Securities Brokerage 1
Shoe Stores 1
Snack and Nonalcoholic Beverage Bars 1
Testing Laboratories 1
Truss Manufacturing 1
Used Car Dealers 1
Veterinary Services 1
Wholesale Trade Agents and Brokers 1
Wired Telecommunications Carriers 1
Wood Window and Door Manufacturing 1

Selecting a Name For Your Venture

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?

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

As a final piece of advice, remember that because you are opening a business in Grantsburg, it's very important that you make sure no other Wisconsin company is using the business name you want to use.

Do You Need a Business Plan?

Writing a business plan is vital in maximizing the prospects of your new company. Simply put, your business plan is your game plan for how you hope to grow your business. Not having a business plan will greatly reduce your chances of business success.

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

Startup Financing Basics

Getting your Grantsburg business the capital it needs to succeed is not an easy task. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.

Take advantage of our many articles on finding startup capital, such as Choosing VC Firms.

For Grantsburg entrepreneurs with great ambition but a shortage of investment capital, you'll want to take a look at our List of Wisconsin Angel Investors and our List of Wisconsin Venture Capital Firms.

Marketing Your New Venture

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

There are myriad resources on this site to help you with your marketing plan. Avoiding Bad Product Launches is a good read to get your marketing juices flowing. That's just one of the many useful articles we have on Marketing a Small Business.

How to Sell

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

Why should customers buy from you instead of buying from competitors? The good news is we can help you to make selling a big competitve advantage for your new firm.

Selling Stuff on the Web is worth reading, as it may give you some good ideas on how to sell your products or services. We have many more good articles on selling that you may enjoy reading.

Moving Forward

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

Owning your own business will be a daunting task, but you can do it.

This site is all about helping entrepreneurs in Grantsburg 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 Grantsburg, Wisconsin

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

 

 

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