Ohio Business Startup Guides
Start a Business in Kenton, Ohio
Are you starting a business in Kenton, Ohio? This article discusses the most important things to consider when opening a business in Kenton.
Choosing the Right Company to Start
An important decision is what kind of business you want to start. To stir your creative juices on what kind of business to start, take a look at Good Business Ideas.
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 Opening a Music Composers' Supplies Business guide or our Starting a Snap Fasteners Business guide.
Remember that your new startup will be located in Kenton. Some businesses will do better in Kenton than others. Make sure you fully understand Kenton demographics before you lock in on your business idea.
Kenton, Ohio Demographic Information
Kenton has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Kenton demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Kenton.
As a new Kenton entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Kenton 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 Buying an Existing Kenton Business a Good Strategy?
An excellent way to get started in business is to Buy a Business in Ohio. Follow that link and you can assess several good businesses for sale in Kenton.
If you are going to be buying a business, you may want to read this article: Buying a Business.
Company Formation in Kenton, Ohio
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.
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. Just because you are starting a business in Ohio, it doesn't mean you are required to incorporate in Ohio. In fact, you can incorporate wherever you want. 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's a lot to know about forming a company. To learn the basics of company formation, browse articles on our site, such as Corporate Formalities. You may also want to seek the advice of an lawyer. Finally, if you are starting a business in Kenton, Ohio, our information on Incorporating in Ohio may be a useful resource if you decide to incorporate in Ohio.
Raising Money for Your New Venture
Getting your Kenton business the capital it needs to succeed is very difficult due to the ongoing business credit crunch. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.
Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled 504 Loans.
Marketing Your New Startup
Whether your goal is to attract Kenton customers or you plan on selling elsewhere, you need a excellent marketing plan.
You can learn quite a bit about marketing on our site. Advertising in Magazines discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. That's just a sampling of the many useful articles we have on Marketing a Small Business.
Now It's Up To You
Most new Kenton businesses underestimate the number of challenges they will face.
From this point on, you control your own destiny.
This site is all about helping entrepreneurs in Kenton 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 Kenton, Ohio
Here are more links that we believe will help you be successful in starting a business in Kenton.
- Resources for Kenton, Ohio Entrepreneurs - Browse a variety of resources we've collected to assist Kenton entrepreneurs.
- Ohio Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Ohio.
- Ohio Small Business Development Center - Whether you're starting your business, expanding your business, or just looking to stay in business, the Small Business Development Centers of Ohio (SBDCs of Ohio) can help with professional guidance by connecting you with research, financing sources, and training opportunities.
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