Minnesota Business Startup Guides
Starting a Business in Henderson, Minnesota
Thinking about starting a business in Henderson, Minnesota? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Henderson.
Do You Have What It Takes?
An entrepreneurial life is difficult, and can be orders of magnitude more strenuous than working as an employee. Are you positive you have the stamina and skills to succeed on your own?
To determine whether you have what it takes to run a business, we recommend these three steps to help you decide:
- Talk to other entrepreneurs in Henderson. Get their candid feedback on what it takes to start a successful business.
- We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
- Get feedback from somebody whom you trust. A support network of family and friends can be a great sounding board for good advice before you decide for sure to go into business.
Choosing the Right Company to Start
An important decision is what kind of business you want to start. You might get some good ideas about what kind of business to start by reading Finding Your Niche in Life.
For in-depth how-to guides on how to start specific businesses, browse our Good Businesses to Start section of our site. For example, you might be interested in our How to Start a Consumer Group Buying Services Business guide or our Starting a Mountain & Ice Climbing Tours Business guide.
Remember that starting a business in Henderson has some implications. Think about what needs are currently being underserved in Henderson. A critical consideration is whether Henderson demographics mesh well with your startup concept.
Henderson, Minnesota Demographic Information
Henderson has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Henderson demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Henderson.
Businesses
As a new Henderson entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Henderson 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
What About Buying an Existing Henderson Business?
An excellent way to get started in business is to Buy a Business in Minnesota. Follow that link and you can assess several good businesses for sale in Henderson.
For anybody who wants to buy a business, we recommend reading this useful article: How to Buy a Business.
Make Sure You Have a Business Plan
Creating a business plan is critical to the health of your new business. Simply put, a business plan describes what you plan to do with the business and how you plan to do it. Failure to write a business plan
To learn more about business plans, read Business Plan Contests. You should also take advantage of free business counselors available to you through your local SCORE chapter in Minnesota.
Letting the World Know You Exist
To grow your Henderson business, you'll need to have a good marketing plan.
There are myriad resources on this site to help you with your marketing plan. Radio Ads is an article that will stimulate a few thoughts on your marketing plan. That's just a taste of the many useful articles we have on Marketing a Small Business.
Now It's Up To You
As an entrepreneur in Henderson, you won't be working for the boss anymore. You are the boss.
If you choose the right business and love what you do, you will greatly increase your odds of success.
We are here to help Henderson businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Henderson, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Henderson, Minnesota
Here are more links that we believe will help you be successful in starting a business in Henderson.
- Resources for Henderson, Minnesota Entrepreneurs - Browse a variety of resources we've collected to assist Henderson entrepreneurs.
- Minnesota Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Minnesota.
- Minnesota Small Business Development Center - The Minnesota Small Business Development Centers provide no-cost, professional business consulting to Minnesota small businesses covering a variety of business needs.
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