January 24, 2021  
 
  Entrepreneurial Resources - Advice for Kentucky Entrepreneurs  
  Greensburg, Kentucky Resources for Entrepreneurs  
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Open a Business in Greensburg, Kentucky

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

Greensburg, Kentucky Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 1700
5-9 Employees 420
10-19 Employees 300
20-49 Employees 150
50-99 Employees 0
100-249 Employees 30
250-499 Employees 0
500-999 Employees 0
1000+ Employees 0
All Greensburg Businesses 2600

As a new Greensburg entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Greensburg 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
Appliance Repair and Maintenance 1
Automotive Parts and Accessories Stores 4
Beauty Salons 2
Business Associations 1
Child and Youth Services 1
Child Day Care Services 3
Civic and Social Organizations 2
Community Food Services 1
Curtain and Drapery Mills 1
Cut Stock, Resawing Lumber, and Planing 2
Drive-In Motion Picture Theaters 1
Elementary and Secondary Schools 1
Family Clothing Stores 1
Farm Supplies Merchant Wholesalers 1
Finish Carpentry Contractors 2
Florists 3
Food Service Contractors 1
Full-Service Restaurants 2
Funeral Homes and Funeral Services 2
Furniture Stores 1
General Freight Trucking, Local 2
General Medical and Surgical Hospitals 1
Golf Courses and Country Clubs 1
Home Furnishing Merchant Wholesalers 1
Home Health Care Services 2
Household Appliance Stores 1
Insurance Agencies and Brokerages 7
Janitorial Services 1
Limited-Service Restaurants 7
Meat Markets 1
Newspaper Publishers 1
Nursing Care Facilities 1
Offices of Certified Public Accountants 1
Offices of Chiropractors 1
Offices of Dentists 4
Offices of Lawyers 7
Offices of Other Holding Companies 1
Payroll Services 1
Pharmacies and Drug Stores 3
Residential Remodelers 1
Sawmills 3
Tire Dealers 2
Tobacco Stores 2
Used Car Dealers 1
Used Merchandise Stores 1
Wholesale Trade Agents and Brokers 1
Wood Window and Door Manufacturing 1

Forming a Company in Greensburg, Kentucky

A critical step is ensuring that you form your business as a legal structure. Doing so will separate you from personal liability for business debts and obligations.

When forming a company, you will decide among many company types, such as 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. If you are starting a business in Kentucky, you don't necessarily have to incorporate in Kentucky. As it turns out, you can incorporate in any state you would like to. 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 are many nuances to forming a company. To learn the fundamentals of company formation, browse articles on our site, such as Nevada Incorporation. You may also want to seek the advice of an attorney. On a final note, since you will be starting a business in Greensburg, Kentucky, our web page covering Incorporating in Kentucky may be a useful resource if you decide to incorporate in Kentucky.

Startup Financing Basics

Obtaining startup financing for your Greensburg business is a difficult chore. In fact, financing your new business may be the hardest challenge you ever face.

Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled Borrowing Money from Friends and Family.

For Greensburg entrepreneurs who want to raise money for a new venture, we have assembled a List of Kentucky Angel Investors and our List of Kentucky Venture Capital Firms.

Marketing Your New Business

To rise above the crowd in Greensburg and build your business, you'll need to have a good marketing plan.

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

Building Up Your Sales

Being able to sell is essential to your business success. Whether you are focused on selling local customers in Greensburg or are selling to customers throughout Kentucky, 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.

Sales Training is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.

Increase Your Entrepreneurial Knowledge

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

Given that you are starting a business in Greensburg, Kentucky, you should get information on some of the many programs available at nearby Kentucky universities, colleges and community colleges. Another way to keep up on your learning is to investigate Greensburg networking organizations.

Never Give Up

You have a dream -- starting a business in Greensburg. 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 Greensburg and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Greensburg, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Greensburg, Kentucky

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

 

 

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