Montana Business Startup Guides
Opening a Business in Havre, Montana
Contemplating starting a business in Havre, Montana? We walk you through the process of opening a business in Havre.
What Type of Business Should You Start?
Choosing a business that is right for you is very important. To help you decide on a business type, we encourage you to 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 How to Start a Metal Doors, Sash, & Trim Wholesale & Manufacturers Business guide or our Opening a Stone Setting Contractors Residential Business guide.
Remember that Havre is the place where you are starting a business. Some businesses will do better in Havre than others. Study Havre demographics and do a competitive analysis as part of your startup planning process.
Havre, Montana Demographic Information
Havre has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Havre demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Havre.
As a new Havre entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Havre 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.
Have You Considered Buying an Existing Havre Business?
An excellent way to get started in business is to Buy a Business in Montana. Follow that link and you may find several good businesses for sale in Havre.
Before buying a business, be sure to read this article: Hold Harmless Agreements When Buying Businesses.
Company Formation in Havre, Montana
It's essential that you choose the right legal structure for your new entity. Among other things, forming a legal entity for the business limits your liabilities.
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. Of course, you have to decide which type of corporation to form and where to incorporate. Just because you are starting a business in Montana, you don't necessarily have to incorporate in Montana. 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'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 Dissolving a Corporation. You should also consider getting professional assistance from your business lawyer. Finally, if you are starting a business in Havre, Montana, our information on Incorporating in Montana may be a useful resource if you decide to incorporate in Montana.
The Role of the Business Plan
A business plan is critical in laying a solid foundation for your business success. Simply put, a business plan describes what you plan to do with the business and how you plan to do it. Not having a business plan is a recipe for disaster.
If you want more information on writing business plans, we recommend reading Find Sample Business Plans Online. A great resource for business planning assistance is the free business counselors available to you through your local SCORE chapter in Montana.
Learning More About Entrepreneurship
The best entrepreneurs know that they need to continually improve.
As an entrepreneur who lives in Havre, Montana, you will want to take advantage of the learning programs at local Montana educational institutions. We also recommend you look into networking organizations for Havre entrepreneurs.
Most new Havre businesses underestimate the number of challenges they will face.
From this point on, you control your own destiny.
This site is all about helping entrepreneurs in Havre and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Havre 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 Havre, Montana
Here are more links that we believe will help you be successful in starting a business in Havre.
- Resources for Havre, Montana Entrepreneurs - Browse a variety of resources we've collected to assist Havre entrepreneurs.
- Montana Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Montana.
- Montana Small Business Development Center - The Montana Small Business Development Centers focus on the creation, retention and expansion of Montana small businesses.
Starting-a-Business Guides for Other Cities in Montana
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