Illinois Business Startup Guides

Start a Business in Greenville, Illinois

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

Greenville, Illinois Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
9453
5-9 Employees
3381
10-19 Employees
2346
20-49 Employees
1104
50-99 Employees
552
100-249 Employees
207
250-499 Employees
138
500-999 Employees
0
1000+ Employees
0
All Greenville Businesses
17181

As a new Greenville entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Greenville 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
Advertising Agencies
1
Automotive Parts and Accessories Stores
2
Beauty Salons
6
Boat Dealers
1
Book Stores
1
Business Associations
1
Child and Youth Services
1
Child Day Care Services
1
Civic and Social Organizations
1
Clothing Accessories Stores
1
Computer and Software Stores
1
Confectionery Merchant Wholesalers
1
Crop Harvesting, Primarily by Machine
1
Custom Computer Programming Services
1
Discount Department Stores
1
Drinking Places (Alcoholic Beverages)
1
Electric Power Distribution
1
Engineering Services
1
Environmental Consulting Services
1
Exterminating and Pest Control Services
1
Fitness and Recreational Sports Centers
1
Flight Training
1
Flooring Contractors
2
Florists
2
Full-Service Restaurants
5
Funeral Homes and Funeral Services
2
Furniture Stores
1
General Automotive Repair
2
General Freight Trucking, Local
3
General Medical and Surgical Hospitals
1
General Rental Centers
1
Golf Courses and Country Clubs
2
Heating Oil Dealers
2
Industrial Launderers
1
Insurance Agencies and Brokerages
10
Jewelry Stores
1
Land Subdivision
1
Landscaping Services
3
Limited-Service Restaurants
5
Livestock Merchant Wholesalers
2
Machine Shops
1
Medicinal and Botanical Manufacturing
1
New Car Dealers
2
Newspaper Publishers
1
Nonresidential Property Managers
1
Office Supplies and Stationery Stores
1
Offices of Certified Public Accountants
1
Offices of Chiropractors
3
Offices of Dentists
4
Offices of Lawyers
4
Offices of Optometrists
2
Offices of Real Estate Appraisers
1
Painting and Wall Covering Contractors
1
Pharmacies and Drug Stores
2
Photography Studios, Portrait
3
Professional Organizations
1
Radio Stations
1
Ready-Mix Concrete Manufacturing
1
Residential Property Managers
1
Roofing Contractors
2
Securities Brokerage
1
Sign Manufacturing
1
Site Preparation Contractors
1
Snack and Nonalcoholic Beverage Bars
2
Solid Waste Collection
1
Solid Waste Landfill
1
Spring (Light Gauge) Manufacturing
1
Tax Preparation Services
1
Tire Dealers
2
Title Abstract and Settlement Offices
1
Travel Agencies
1
Used Car Dealers
1
Used Merchandise Stores
3
Veterinary Services
3
Video Tape and Disc Rental
3
Wholesale Trade Agents and Brokers
1
Wired Telecommunications Carriers
1

Is a Franchise Opportunity Right For You?

Examine a list of Greenville businesses and you may be surprised to see how many franchises there are in the area. But is franchising the right option for you?

Our recommendation is that you consider franchising as an option. This site has dozens of articles on 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.

Representative franchise opportunities include Tapioca Express, Inc. and Z Pizza. Alternatively, you can browse franchise categories, such as Bookstore Franchises and Deli Restaurant Franchises.

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

Company Formation in Greenville, Illinois

It's essential 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.

When forming a company, you will choose from many company types, such as a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.

Incorporating is a very common way to legally create a business entity. Of course, you have to decide which type of corporation to form and where to incorporate. Just because you are starting a business in Illinois, you don't necessarily have to incorporate in Illinois. In fact, you can 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'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 Offshore Company Formation. You may also want to seek the advice of an attorney. On a final note, since you will be starting a business in Greenville, Illinois, our web page covering Incorporating in Illinois may be a useful resource if you decide to incorporate in Illinois.

Don't Skip the Business Plan

Creating a business plan is critical to the health of your new business. Indeed, a business plan is a written description of the future you envision for your business. Starting a business without a business plan

To learn more about business plans, read Expert Advice on Business Plans. A great resource for business planning assistance is the face-to-face free consulting available from your local SCORE chapter in Illinois.

Marketing Your New Company

Whether your goal is to attract Greenville customers or you plan on selling elsewhere, having an excellent marketing plan is fundamental to your succeeding.

We have some helpful resources on this site for entrepreneurs who are working on marketing plans. Marketing Basics discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. That's just a sampling of the many useful articles we have on Marketing a Small Business.

The Art of Selling

Mastering the art of selling is priority one if you want your new Greenville business to do well.

Not knowing how to sell can result in lost customers and minimal market share. Fortunately, we've got plenty of good advice to help you improve your selling skills.

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

Moving Forward

Most new Greenville businesses underestimate the number of challenges they will face.

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 Greenville 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 Greenville, Illinois

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

More Business Startup Guides for Illinois

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