January 22, 2021  
 
  Entrepreneurial Resources - Advice for Louisiana Entrepreneurs  
  Hammond, Louisiana Resources for Entrepreneurs  
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Opening a Business in Hammond, Louisiana

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

Is Becoming an Entrepreneur Right for You?

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 Hammond. Get their take on what it's really like to be an entrepreneur.
  • We recommend reading Should You Become an Entrepreneur?. For aspiring new entrepreneurs, it's a must read article.
  • 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.

Hammond, Louisiana Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 10164
5-9 Employees 5076
10-19 Employees 3204
20-49 Employees 2304
50-99 Employees 702
100-249 Employees 360
250-499 Employees 72
500-999 Employees 54
1000+ Employees 18
All Hammond Businesses 21954

As a new Hammond entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Hammond 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
Amusement Arcades 3
Appliance Repair and Maintenance 2
Architectural Services 3
Automotive Exhaust System Repair 2
Automotive Glass Replacement Shops 4
Automotive Parts and Accessories Stores 11
Automotive Transmission Repair 4
Baked Goods Stores 1
Beauty Salons 9
Beer, Wine, and Liquor Stores 1
Boat Building 1
Boat Dealers 3
Book Stores 4
Bowling Centers 1
Business and Secretarial Schools 1
Business Associations 1
Cable and Other Program Distribution 1
Cafeterias 1
Car Washes 4
Caterers 1
Cemeteries and Crematories 1
Child and Youth Services 1
Child Day Care Services 18
Children's and Infants' Clothing Stores 2
Civic and Social Organizations 5
Claims Adjusting 1
Clothing Accessories Stores 4
Coin-Operated Laundries and Drycleaners 1
Community Food Services 1
Computer and Software Stores 3
Computer Systems Design Services 2
Computer Training 2
Confectionery and Nut Stores 1
Confectionery Merchant Wholesalers 1
Construction Sand and Gravel Mining 1
Consumer Lending 25
Convenience Stores 7
Couriers 1
Court Reporting and Stenotype Services 1
Credit Unions 5
Custom Computer Programming Services 3
Diagnostic Imaging Centers 1
Diet and Weight Reducing Centers 2
Direct Life Insurance Carriers 2
Display Advertising 2
Drinking Places (Alcoholic Beverages) 10
Drywall and Insulation Contractors 1
Electric Power Distribution 5
Electrical Contractors 10
Electronic Shopping 2
Elementary and Secondary Schools 3
Engineering Services 8
Environmental Consulting Services 1
Exam Preparation and Tutoring 1
Exterminating and Pest Control Services 2
Facilities Support Services 1
Family Clothing Stores 4
Fine Arts Schools 2
Finish Carpentry Contractors 2
Fish and Seafood Markets 2
Fitness and Recreational Sports Centers 7
Floor Covering Stores 5
Flooring Contractors 1
Florists 4
Fluid Milk Manufacturing 1
Food (Health) Supplement Stores 2
Food Service Contractors 2
Fruit and Vegetable Markets 2
Full-Service Restaurants 46
Funeral Homes and Funeral Services 3
Furniture Stores 9
General Automotive Repair 11
General Freight Trucking, Local 4
General Medical and Surgical Hospitals 1
General Rental Centers 2
General Warehousing and Storage 1
Gift, Novelty, and Souvenir Stores 3
Glass and Glazing Contractors 1
Golf Courses and Country Clubs 1
Grantmaking Foundations 3
Graphic Design Services 1
Hardware Stores 1
Hobby, Toy, and Game Stores 1
Home Centers 1
Home Health Care Services 10
Home Health Equipment Rental 2
Homes for the Elderly 1
Household Appliance Stores 2
Industrial Valve Manufacturing 1
Insurance Agencies and Brokerages 27
Internet Service Providers 1
Investigation Services 1
Janitorial Services 4
Jewelry Stores 6
Kidney Dialysis Centers 3
Land Subdivision 3
Landscaping Services 4
Lessors of Other Real Estate Property 1
Limited-Service Restaurants 32
Locksmiths 2
Logging 2
Machine Shops 1
Mail-Order Houses 1
Manufactured (Mobile) Home Dealers 5
Masonry Contractors 2
Meat Markets 1
Media Representatives 1
Men's Clothing Stores 2
Miscellaneous Intermediation 1
Mortgage and Nonmortgage Loan Brokers 6
Motor Vehicle Towing 2
Motorcycle Dealers 3
Musical Instrument and Supplies Stores 2
Nail Salons 6
Natural Gas Distribution 1
Navigational Services to Shipping 1
New Car Dealers 6
New Housing Operative Builders 1
Newspaper Publishers 1
Nonresidential Property Managers 4
Nursing Care Facilities 7
Office Administrative Services 2
Office Equipment Merchant Wholesalers 1
Office Supplies and Stationery Stores 2
Offices of Certified Public Accountants 14
Offices of Chiropractors 4
Offices of Dentists 16
Offices of Lawyers 41
Offices of Optometrists 4
Offices of Other Holding Companies 1
Offices of Real Estate Appraisers 2
Optical Goods Stores 3
Outdoor Power Equipment Stores 3
Paint and Wallpaper Stores 1
Painting and Wall Covering Contractors 2
Passenger Car Rental 1
Periodical Publishers 1
Pet Care (except Veterinary) Services 1
Pharmacies and Drug Stores 10
Photography Studios, Portrait 3
Plastics Bag Manufacturing 1
Plastics Bottle Manufacturing 1
Plate Work Manufacturing 1
Political Organizations 1
Poultry Processing 1
Prepress Services 2
Private Mail Centers 1
Quick Printing 2
Racetracks 1
Radio Stations 1
Ready-Mix Concrete Manufacturing 1
Real Estate Credit 9
Recreational Vehicle Dealers 2
Residential Property Managers 3
Residential Remodelers 3
Roofing Contractors 1
Savings Institutions 1
Securities Brokerage 5
Security Guards and Patrol Services 1
Septic Tank and Related Services 1
Shoe Stores 8
Siding Contractors 1
Sign Manufacturing 1
Site Preparation Contractors 4
Snack and Nonalcoholic Beverage Bars 5
Solid Waste Landfill 1
Sporting Goods Stores 4
Sports and Recreation Instruction 1
Tax Preparation Services 3
Temporary Help Services 3
Tile and Terrazzo Contractors 1
Tire Dealers 5
Title Abstract and Settlement Offices 5
Tobacco Stores 2
Travel Agencies 1
Used Car Dealers 3
Used Merchandise Stores 2
Vending Machine Operators 2
Veterinary Services 6
Video Tape and Disc Rental 4
Vocational Rehabilitation Services 6
Voluntary Health Organizations 2
Warehouse Clubs and Supercenters 1
Water Supply and Irrigation Systems 2
Wholesale Trade Agents and Brokers 1
Wired Telecommunications Carriers 5
Women's Clothing Stores 9
Wood Container and Pallet Manufacturing 2

Is Franchising a Better Option?

Browse the Yellow Pages for Hammond and you'll conclude that many business owners have opted to buy a franchise, rather than starting a business on their own. But is franchising the right option for you?

Our advice is to look into purchasing a franchise. We have many articles on franchises, such as Franchising Mistakes. Become a franchising expert of sorts by reading more of our Articles on Franchising.

To learn about specific franchise opportunities, check out our Franchise Directory.

Sample franchise opportunities include Club Z In-Home Tutoring and Coustic-Glo International. Alternatively, you can browse franchise categories, such as Bakery Franchises and Moving Franchises.

Note on Hammond Franchise Opportunities: To find out if a franchise you are interested in is available in Hammond, you will need to get in direct contact with the franchisor.

Naming the Company

A good company name can give a big boost to a new startup. It might seem like an easy thing to do, but there are many things to consider when naming a business.

Company names should be fun to say, and they should help people to understand what you do and how you differentiate yourself in the market.

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

There's one other important factor when naming a business. Since you are opening a business in Hammond, it's very important that you make sure no other Louisiana company is using the business name you want to use.

Forming a Company in Hammond, Louisiana

It's very important that you form your business as a legal structure. Among other things, forming a legal entity for the business limits your liabilities.

The entity you form can be a corporation, LLC, sole proprietorship, partnership or other structure.

Incorporation 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 Louisiana, it doesn't mean you are required to incorporate in Louisiana. 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 are many nuances to forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Pre-Incorporation Agreements. You should also consider getting professional assistance from your business lawyer. Finally, if you are starting a business in Hammond, Louisiana, our information on Incorporating in Louisiana may be a useful resource if you decide to incorporate in Louisiana.

Ramping Up Sales

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

Clever sales techniques can transform any business from good to great. The good news is we can help you to make selling a big competitve advantage for your new firm.

Cold Call Selling 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 Hammond. To achieve your dream, you have to persevere, even when the odds are against you.

If you choose the right business and love what you do, you will greatly increase your odds of success.

We are here to help Hammond businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Hammond entrepreneur who is just getting started or you are already up and running with your new venture.

More Entrepreneurial Resources for Starting a Business in Hammond, Louisiana

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

 

 

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