Kentucky Business Startup Guides

Start a Business in Hindman, Kentucky

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

Which Business to Choose?

Choosing a business that is right for you is very important. If you are struggling with what type of business to start, read Good Business Ideas.

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 Opening a Fire Trucks Wholesale & Manufacturers Business guide or our How to Start a Freight Traffic Services Business guide.

Remember that you are starting a business in Hindman. Some businesses will do better in Hindman than others. Only by spending some time analyzing Hindman demographics can you decide if there will be strong demand for your business idea.

Hindman, Kentucky Demographic Information

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

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

Business Size
# of
1-4 Employees
5-9 Employees
10-19 Employees
20-49 Employees
50-99 Employees
100-249 Employees
250-499 Employees
500-999 Employees
1000+ Employees
All Hindman Businesses

As a new Hindman entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Hindman 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
Ambulance Services
Automotive Parts and Accessories Stores
Beauty Salons
Bituminous Coal Underground Mining
Cable and Other Program Distribution
Elementary and Secondary Schools
Engineering Services
Full-Service Restaurants
Funeral Homes and Funeral Services
General Automotive Repair
General Rental Centers
Home Centers
Household Appliance Stores
Limited-Service Restaurants
Natural Gas Distribution
New Car Dealers
Newspaper Publishers
Nursing Care Facilities
Offices of Dentists
Offices of Lawyers
Pharmacies and Drug Stores
Radio Stations
Shoe Stores
Site Preparation Contractors
Support Activities for Coal Mining
Truss Manufacturing
Used Car Dealers
Veterinary Services
Video Tape and Disc Rental
Water Supply and Irrigation Systems
Wholesale Trade Agents and Brokers
Wired Telecommunications Carriers

Is a Franchise Opportunity Right For You?

Visit the business district of Hindman and you'll conclude that many business owners have opted to buy a franchise, rather than starting a business on their own. Is there a franchise opportunity out there that makes sense for you?

We advise the entrepreneurs we work with to consider franchising as an option. We have many articles on franchises, such as Why Franchises Fail. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.

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

Sample franchise opportunities include GoCar Franchise Services and Metal Supermarkets International. Alternatively, you can browse franchise categories, such as Child Care Franchises and Cleaning and Maintenance Franchises.

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

Choosing a Business Name

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.

Even if the name doesn't do it by itself, many naming experts believe there should be a story behind the name that ties into your company mission.

For other considerations regarding naming a company, we recommend this article: Branding Advice.

There's one other important factor when naming a business. Since you are opening a business in Hindman, it's very important that you make sure you will be the only Kentucky company using the business name you have chosen.

Where to Get Money to Start a Company

Finding the funds to fuel the growth of your Hindman business is a difficult chore. In fact, financing your new business may be the hardest challenge you ever face.

Take advantage of our many articles on raising capital, such as 504 Loans.

For Hindman entrepreneurs in need of startup financing, check out our List of Kentucky Angel Investors and our List of Kentucky Venture Capital Firms.

Getting the Word Out About Your New Company

Whether your goal is to attract Hindman customers or you plan on selling elsewhere, you'll need to have a good marketing plan.

There are myriad resources on this site to help you with your marketing plan. Television Advertising Rates is a good read to get your marketing creativity flowing. That's just one of the many useful articles we have on Marketing a Small Business.

Now It's Up To You

You have a dream -- starting a business in Hindman. To achieve your dream, you have to persevere, even when the odds are against you.

Owning your own business will be a daunting task, but you can do it.

We are here to help Hindman businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Hindman 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 Hindman, Kentucky

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

  • Resources for Hindman, Kentucky Entrepreneurs - Browse a variety of resources we've collected to assist Hindman entrepreneurs.
  • Kentucky Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Kentucky.
  • Kentucky Small Business Development Center - The Kentucky Small Business Development Center (KSBDC) has been assisting Kentucky small business community for more than 25 years. KSBDC is co-sponsored by the U.S. Small Business Administration and is administered by the University of Kentucky in partnership with regional universities, community and private colleges, and the private sector.

More Business Startup Guides for Kentucky

Starting a Business in Highland Heights
Starting a Business in Hodgenville

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Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


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