South Carolina Business Startup Guides
Opening a Business in Greer, South Carolina
Contemplating starting a business in Greer, South Carolina? We walk you through the process of opening a business in Greer.
What Business Are You Starting?
An important decision is what kind of business you want to start. If you are struggling with what type of business to start, read Free Business Ideas.
To view an extensive list of business types, complete with startup instructions, spend some time in the Good Businesses to Start section of our site. For example, you might be interested in our Opening a Career & Workplace Education Business guide or our Opening a Chapels Business guide.
Remember that starting a business in Greer has some implications. If Greer already has plenty of the kind of business you want to start, you might want to change your plans. Make sure you fully understand Greer demographics before you lock in on your business idea.
Greer, South Carolina Demographic Information
Greer has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Greer demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Greer.
Businesses
As a new Greer entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Greer 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.
Businesses
Have You Considered Buying an Existing Greer Business?
An excellent way to get started in business is to Buy a Business in South Carolina. Follow that link and you may find several good businesses for sale in Greer.
Before buying a business, be sure to read this article: Hold Harmless Agreements When Buying Businesses.
Forming a Company in Greer, South Carolina
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.
Incorporating is a very popular way to form a business. A key decision is whether to form and S-Corp or a C-Corp, and you also must decide in which state you will incorporate. If you are starting a business in South Carolina, you don't necessarily have to incorporate in South Carolina. In fact, you are allowed to incorporate in any state you would like to. 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. To learn the fundamentals of company formation, browse articles on our site, such as Dissolving a Corporation. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Greer, South Carolina, our information on Incorporating in South Carolina may be a useful resource if you decide to incorporate in South Carolina.
Do You Need a Business Plan?
A business plan is essential in maximizing the prospects of your new company. Simply put, a business plan describes what you plan to do with the business and how you plan to do it. Starting a business without a business plan is a recipe for disaster.
If you want more information on writing business plans, we recommend reading Business Plan Contests. A great resource for business planning assistance is the free business counselors available to you through your local SCORE chapter in South Carolina.
Raising Money for Your New Venture
Getting your Greer business the capital it needs to succeed will be harder than you might expect. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.
Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled Getting a Small Business Loan.
For Greer entrepreneurs who need startup capital, check out our List of South Carolina Angel Investors and our List of South Carolina Venture Capital Firms.
Moving Forward
Most new Greer 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 Greer and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Greer, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Greer, South Carolina
Here are more links that we believe will help you be successful in starting a business in Greer.
- Resources for Greer, South Carolina Entrepreneurs - Browse a variety of resources we've collected to assist Greer entrepreneurs.
- South Carolina Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in South Carolina.
- South Carolina Small Business Development Center - The South Carolina Small Business Development Center provides consulting services to small and medium enterprises through more than 14 locations across the state.
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