Michigan Business Startup Guides
Start a Business in Jenison, Michigan
Are you starting a business in Jenison, Michigan? This article discusses the most important things to consider when opening a business in Jenison.
Which Business to Choose?
There are many businesses that you can start. How do you know which type of business is right for you? If you are struggling with what type of business to start, read 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 Starting a Paper Boxboard Business guide or our Opening a Freight Trucking Business guide.
Remember that starting a business in Jenison has some implications. Think about what needs are currently being underserved in Jenison. Make sure you fully understand Jenison demographics before you lock in on your business idea.
Jenison, Michigan Demographic Information
Jenison has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Jenison demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Jenison.
As a new Jenison entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Jenison 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.
Is a Franchise Opportunity Right For You?
As you drive around Jenison, you'll notice that many local entrepreneurs have gone the franchising route. Would going with a franchise be a good idea for you?
We highly recommend you consider franchising as an option. We have many articles on franchises, such as Opportunities in International Franchising. Get a thorough education on franchising by browsing all of our Articles on Franchising.
You can review hundreds of franchise opportunities by browing our Franchise Directory.
Note on Jenison Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Jenison.
Naming the Company
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: Naming a Business.
On a final note, given that you are starting a business in Jenison, it's very important that you make sure no other Michigan company is using the business name you want to use.
Forming a Company in Jenison, Michigan
It's essential that your business is formed as a legal entity that is separate from its owners. Doing so will protect you from personal liability for business debts and obligations.
The entity you form can be a corporation, LLC, sole proprietorship, partnership or other structure.
Incorporation is a very popular way to form a business. Of course, you have to decide which type of corporation to form and where to incorporate. If you are starting a business in Michigan, you don't necessarily have to incorporate in Michigan. As it turns out, you can incorporate in the state of your choosing. For example, it's very popular to incorporate in Delaware, and incorporating in Nevada has become very trendy as well. Don't forget, though, that you will have to register as a foreign entity in all states that you do business in.
There are many nuances to forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as C Corp Versus S Corp. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Jenison, Michigan, our information on Incorporating in Michigan may be a useful resource if you decide to incorporate in Michigan.
Where to Get Money to Start a Company
Getting your Jenison business the capital it needs to succeed is not an easy task. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.
Take advantage of our many articles on securing funding, such as Bank Credit Lines.
Advancing Your Entrepreneurial Skills
Successful business owners recognize that they don't know everything.
As an entrepreneur who lives in Jenison, Michigan, you will want to take advantage of the many programs available at nearby Michigan universities, colleges and community colleges. It's also smart to see if there are any networking groups or organizations in which Jenison entrepreneurs get together to network and trade their business experiences.
You have a dream -- starting a business in Jenison. To achieve your dream, you have to persevere, even when the odds are against you.
From this point on, you control your own destiny.
Our goal here is to promote the vitality and growth of small businesses in Jenison 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 Jenison, Michigan
Here are more links that we believe will help you be successful in starting a business in Jenison.
- Resources for Jenison, Michigan Entrepreneurs - Browse a variety of resources we've collected to assist Jenison entrepreneurs.
- Michigan Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Michigan.
- Michigan Small Business Development Center - This organization supports 12 regional offices and over 30 satellite offices, each providing counseling and training to Michigan small business owners and entrepreneurs throughout the 83 counties in Michigan. Services to entrepreneurs are offered through a cooperative agreement with the U.S. Small Business Administration.
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