Alabama Business Startup Guides
Opening a Business in Jasper, Alabama
Contemplating starting a business in Jasper, Alabama? We walk you through the process of opening a business in Jasper.
Are You Sure You Want to Do This?
Most new companies fail, in part because the founder did not have the tenacity and/or the skills to succeed. So, before you start your business, consider all of the implications of being an entrepreneur.
Before you move forward with starting a business, be sure to do these three things:
- Talk to other entrepreneurs in Jasper. Ask them candidly what it's like to run a business.
- 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. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.
Jasper, Alabama Demographic Information
Jasper has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Jasper demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Jasper.
Businesses
As a new Jasper entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Jasper 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
Naming the Business
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.
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.
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 opening a business in Jasper, it's imperative that you check now that no other Alabama company is using the business name you want to use.
Don't Forget to Create a Business Plan
A business plan is vital to the health of your new business. In effect, your business plan is your game plan for how you hope to grow your business. Starting a business without a business plan is a recipe for disaster.
To learn more about business plans, read Business Plan Contests. A great resource for business planning assistance is the free business counselors available to you through your local SCORE chapter in Alabama.
Raising Money for Your New Venture
Getting your Jasper business the capital it needs to succeed will be harder than you might expect. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.
To learn about raising money, we recommend you read the fundraising articles on our site, such as Choosing VC Firms.
For Jasper entrepreneurs who want to raise money for a new venture, check out our List of Alabama Angel Investors and our List of Alabama Venture Capital Firms.
Improving Your Entrepreneurial Skillset
The best business owners recognize that they need to continually improve.
With your business being located in Jasper, Alabama, you will want to take advantage of the many programs available at nearby Alabama universities, colleges and community colleges. It's also worthwhile to see if there are any networking groups or organizations in which Jasper entrepreneurs get together to network and trade their business experiences.
Next Steps
Most new Jasper businesses underestimate the number of challenges they will face.
If you choose the right business and love what you do, you will greatly increase your odds of success.
This site is all about helping entrepreneurs in Jasper and elsewhere to achieve real success. 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 Jasper, Alabama
Here are more links that we believe will help you be successful in starting a business in Jasper.
- Resources for Jasper, Alabama Entrepreneurs - Browse a variety of resources we've collected to assist Jasper entrepreneurs.
- Alabama Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Alabama.
- Alabama Small Business Development Center - Alabama's Small Business Development Center (SBDC) counsels and trains business people in a wide variety of business topics and provides comprehensive information services and access to experts in many fields. Counseling is provided free of charge to all Alabama small business owners.
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