Indiana Business Startup Guides
Starting a Business in Huntington, Indiana
Thinking about starting a business in Huntington, Indiana? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Huntington.
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.
With so much at stake when you start a business, we strongly recommend you do the following before you proceed:
- Talk to other entrepreneurs in Huntington. 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.
Huntington, Indiana Demographic Information
Huntington has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Huntington demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Huntington.
Businesses
As a new Huntington entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Huntington 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
Should You Franchise?
As you drive around Huntington, 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?
We advise the entrepreneurs we work with to evaluate the possibility of your buying a franchise opportunity. To help you learn more about franchising, we've gathered a ton of articles on franchising, including How to Get More Franchisees. Get a thorough education on franchising by browsing all of our Articles on Franchising.
A comprehensive list of franchisors is available via our List of Franchise Opportunities.
Sample franchise opportunities include Little Scientist Franchise Corp. and Buttercup Bake Shop. Alternatively, you can browse franchise categories, such as Telecommunications Franchises and IT Training Franchises.
Note on Huntington Franchise Opportunities: To find out if a franchise you are interested in is available in Huntington, you will need to get in direct contact with the franchisor.
Is Buying an Existing Huntington Business a Good Strategy?
An excellent way to get started in business is to Buy a Business in Indiana. Follow that link and you can assess several good businesses for sale in Huntington.
If you are intent on buying a business, you may want to read this article: Hold Harmless Agreements When Buying Businesses.
Selecting a Name For Your Venture
A big decision when starting a company is choosing a company name. Believe it or not, choosing a good company name can be a big contributor to your business success.
Company names need to be easy to spell, easy to pronounce, and easy to remember.
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Business.
As a final piece of advice, remember that because you are planning on starting a business in Huntington, it's very important that you make sure your company name has not already been claimed by another Indiana business.
Getting Money to Start a Business
Raising money to fund your new Huntington business is very difficult due to the ongoing business credit crunch. In fact, financing your new business may be the hardest challenge you ever face.
Take advantage of our many articles on raising money, such as Getting a Small Business Loan.
For Huntington entrepreneurs who need startup capital, you'll want to take a look at our List of Indiana Angel Investors and our List of Indiana Venture Capital Firms.
Improving Your Entrepreneurial Skillset
Successful business owners know that they don't know everything.
Given that you are starting a business in Huntington, Indiana, you should investigate some of the learning programs at local Indiana educational institutions. You should also check if there are any networking organizations for Huntington entrepreneurs.
Moving Forward
You have a dream -- starting a business in Huntington. 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.
Our goal here is to promote the vitality and growth of small businesses in Huntington and throughout the United States . We have a wealth of experience in business start-ups, financing, marketing, sales and more...and we've made all of our knowledge available to you.
More Entrepreneurial Resources for Starting a Business in Huntington, Indiana
Here are more links that we believe will help you be successful in starting a business in Huntington.
- Resources for Huntington, Indiana Entrepreneurs - Browse a variety of resources we've collected to assist Huntington entrepreneurs.
- Indiana Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Indiana.
- Indiana Small Business Development Center - The Indiana Small Business Development Center assists Indiana entrepreneurs and small businesses through one on one counseling, education and business resources.
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