Georgia Business Startup Guides
Opening a Business in Kennesaw, Georgia
Contemplating starting a business in Kennesaw, Georgia? We walk you through the process of opening a business in Kennesaw.
Are You Sure You Want to Do This?
Being an entrepreneur is difficult, much harder than working as an employee. Are you sure you have the stamina and skills to succeed on your own?
While entrepreneurship has become a popular career choice, we recommend you do the following before you take the plunge:
- Grab a meal or cofee with other entrepreneurs in Kennesaw. Ask them candidly what it's like to run a business.
- Take a look at Business Failure. It's a short article but it's a good reality check for those are about to jump into the world of entrepreneurship.
- Involve a spouse, family member or trusted friend in the decision. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.
Kennesaw, Georgia Demographic Information
Kennesaw has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Kennesaw demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Kennesaw.
As a new Kennesaw entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Kennesaw 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 Franchising a Better Option?
Browse the Yellow Pages for Kennesaw and it's apparent that franchising has become a very popular way to start a business. Is it perhaps smarter to franchise a business instead of doing it from scratch.
We advise the entrepreneurs we work with to consider franchising as an option. To help you learn more about franchising, we've gathered a ton of articles on franchising, including Growth Trends in Franchising. Become a franchising expert of sorts by reading more of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Sample franchise opportunities include ampm Mini Market and International House of Pancakes. Alternatively, you can browse franchise categories, such as Security Franchises and Coffee Shop Franchises.
Note on Kennesaw Franchise Opportunities: To find out if a franchise you are interested in is available in Kennesaw, you will need to get in direct contact with the franchisor.
Picking a Company Name
Making the right decision when choosing a company name is very important. There are many decisions you'll make now that you can change later, but changing a company name years down the road is not very easy. So, choose a good company name at the outset.
Company names should be fun to say, and they should help people to understand what you do and how you differentiate yourself in the market.
Numerous company naming issues are discussed in more detail in this article: Naming a Business.
There's one other important factor when naming a business. Since you are opening a business in Kennesaw, it's critical that you ensure that your company name has not already been claimed by another Georgia business.
Forming a Company in Kennesaw, Georgia
A critical step is ensuring that your business is formed as a legal entity that is separate from its owners. Doing so will shield you from personal liability for business debts and obligations.
When forming a company, you will pick from many company types, such as a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporation is a very popular way to form a business. A key decision is whether to form and S-Corp or a C-Corp, and you also must decide in which state you will incorporate. If you are starting a business in Georgia, it doesn't mean you are required to incorporate in Georgia. In fact, you can incorporate in any state you would like to. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.
There are many nuances to forming a company. To learn the fundamentals of company formation, browse articles on our site, such as Company Formation. You may also want to seek the advice of an lawyer. On a final note, since you will be starting a business in Kennesaw, Georgia, our web page covering Incorporating in Georgia may be a useful resource if you decide to incorporate in Georgia.
Startup Financing Basics
Raising money to fund your new Kennesaw business is very difficult due to the ongoing business credit crunch. The reality is that there is very little funding available for new small businesses, and you have to explore every possible alternative.
Take advantage of our many articles on raising capital, such as 504 Loans.
As an entrepreneur in Kennesaw, 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 Kennesaw businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Kennesaw, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Kennesaw, Georgia
Here are more links that we believe will help you be successful in starting a business in Kennesaw.
- Resources for Kennesaw, Georgia Entrepreneurs - Browse a variety of resources we've collected to assist Kennesaw entrepreneurs.
- Georgia Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Georgia.
- Georgia Small Business Development Center - The Georgia SBDC program helps Georgia entrepreneurs with developing business plans, providing financial analysis, identifying sources of capital, and assessing marketing strategies.
Starting-a-Business Guides for Other Cities in Georgia
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