January 15, 2021  
 
  Entrepreneurial Resources - Advice for Tennessee Entrepreneurs  
  Huntingdon, Tennessee Resources for Entrepreneurs  
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Starting a Business in Huntingdon, Tennessee

Thinking about starting a business in Huntingdon, Tennessee? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Huntingdon.

Which Business to Choose?

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 Evaluating Your Idea.

For step-by-step instructions on starting a variety of business types, visit the Good Businesses to Start section of our site. For example, you might be interested in our Opening an Employee Benefit & Compensation Plans Business guide or our Starting a Lift Trucks Business guide.

Don't forget that your new startup will be located in Huntingdon. Some businesses will do better in Huntingdon than others. Only by spending some time analyzing Huntingdon demographics can you decide if there will be strong demand for your business idea.

Huntingdon, Tennessee Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 702
5-9 Employees 210
10-19 Employees 150
20-49 Employees 78
50-99 Employees 6
100-249 Employees 24
250-499 Employees 6
500-999 Employees 0
1000+ Employees 0
All Huntingdon Businesses 1176

As a new Huntingdon entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Huntingdon 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
Automotive Parts and Accessories Stores 3
Beauty Salons 2
Business Associations 2
Child Day Care Services 4
Civic and Social Organizations 2
Clothing Accessories Stores 1
Dental Laboratories 1
Electrical Contractors 1
Exterminating and Pest Control Services 1
Farm Supplies Merchant Wholesalers 1
Florists 1
Fruit and Vegetable Markets 1
Full-Service Restaurants 10
Funeral Homes and Funeral Services 2
General Automotive Repair 2
General Medical and Surgical Hospitals 1
Gift, Novelty, and Souvenir Stores 1
Home Health Care Services 1
Home Health Equipment Rental 1
Homes for the Elderly 1
Household Appliance Stores 1
Industrial Gas Manufacturing 1
Industrial Mold Manufacturing 1
Insurance Agencies and Brokerages 4
Jewelry Stores 1
Landscape Architectural Services 1
Landscaping Services 3
Limited-Service Restaurants 5
Logging 3
New Car Dealers 1
Newspaper Publishers 2
Nursing Care Facilities 1
Offices of Certified Public Accountants 1
Offices of Chiropractors 1
Offices of Dentists 2
Offices of Lawyers 6
Offices of Optometrists 2
Outdoor Power Equipment Stores 2
Petroleum Bulk Stations and Terminals 1
Pharmacies and Drug Stores 2
Radio Stations 1
Recreational Vehicle Dealers 1
Residential Remodelers 3
Securities Brokerage 1
Site Preparation Contractors 1
Tax Preparation Services 1
Temporary Help Services 2
Tire Dealers 2
Used Household and Office Goods Moving 1
Veterinary Services 1
Video Tape and Disc Rental 1
Warehouse Clubs and Supercenters 1
Wholesale Trade Agents and Brokers 2
Wired Telecommunications Carriers 1
Women's Clothing Stores 1

Make Sure You Have a Business Plan

A business plan is critical in maximizing the prospects of your new company. Indeed, 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 is a recipe for disaster.

If writing a business plan is on your to-do list, be sure to read Business Plan Contests. You should also take advantage of free business counselors available to you through your local SCORE chapter in Tennessee.

Startup Financing Basics

Getting your Huntingdon business the capital it needs to succeed will be harder than you might expect. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.

To learn about raising money, we recommend you read the fundraising articles on our site, such as Getting a Small Business Loan.

For Huntingdon entrepreneurs who need startup capital, we have assembled a List of Tennessee Angel Investors and our List of Tennessee Venture Capital Firms.

Getting the Word Out About Your New Business

To rise above the crowd in Huntingdon and accelerate your business, having an excellent marketing plan is fundamental to your beating the competition.

There are myriad resources on this site to help you with your marketing plan. Creating a Press Kit 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.

Bring in Revenues

Do you know how to sell? In order to attract customers to your new Huntingdon business, you need to focus on sales.

Why should customers buy from you instead of buying from competitors? The good news is we can help you to make selling a big competitve advantage for your new firm.

Closing Sales offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.

Never Give Up

As an entrepreneur in Huntingdon, you won't be working for the boss anymore. You are the boss.

From this point on, you control your own destiny.

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

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

 

 

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