August 3, 2020  
 
  Entrepreneurial Resources - Advice for Minnesota Entrepreneurs  
  Kerkhoven, Minnesota Resources for Entrepreneurs  
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Open a Business in Kerkhoven, Minnesota

Need help starting a business in Kerkhoven, Minnesota? We've got the information you need to open a business in Kerkhoven.

Is Becoming a Business Owner Right for You?

Running your own business is hard work, and can be orders of magnitude more strenuous than working as an employee. Are you certain you are ready to take on this challenge?

While entrepreneurship has become a popular career choice, we recommend you do the following before you take the plunge:

  • Talk to other entrepreneurs in Kerkhoven. 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.

What Business Are You Starting?

There are many businesses that you can start. How do you know which type of business is right for you? You might get some good ideas about what kind of business to start by reading How to Evaluate a Business Idea.

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 Business Form & Card Printing Business guide or our Opening a Donuts Retail Business guide.

Remember that starting a business in Kerkhoven has some implications. If Kerkhoven already has plenty of the kind of business you want to start, you might want to change your plans. Don't forget to review Kerkhoven demographics to see if there's a market for what you want to sell.

Kerkhoven, Minnesota Demographic Information

Kerkhoven has an active business community that includes small businesses, mid-sized businesses and large businesses.

To give you a better feel for Kerkhoven demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Kerkhoven.

Business Size# of
Businesses
1-4 Employees 81
5-9 Employees 27
10-19 Employees 12
20-49 Employees 3
50-99 Employees 0
100-249 Employees 0
250-499 Employees 0
500-999 Employees 0
1000+ Employees 0
All Kerkhoven Businesses 123

As a new Kerkhoven entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Kerkhoven 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.

Business Type # of
Businesses
Beauty Salons 1
Beer, Wine, and Liquor Stores 1
Cemeteries and Crematories 1
Charter Bus Industry 1
Couriers 1
Drinking Places (Alcoholic Beverages) 1
Electrical Contractors 1
Fitness and Recreational Sports Centers 1
Full-Service Restaurants 1
Funeral Homes and Funeral Services 1
General Automotive Repair 1
Hardware Stores 1
Insurance Agencies and Brokerages 2
Meat Markets 1
Miscellaneous Intermediation 1
New Car Dealers 1
Residential Remodelers 2
School and Employee Bus Transportation 1
Tour Operators 1

What About Buying an Existing Kerkhoven Business?

We've created a useful website page for those who want to Buy a Business in Minnesota. Follow that link and you can assess several good businesses for sale in Kerkhoven.

Before buying a business, be sure to read this article: Buying a Business.

Where to Get Money to Start a Company

Raising money to fund your new Kerkhoven business is very difficult due to the ongoing business credit crunch. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.

On the bright side, this site contains dozens of articles on raising money, including one we recommend entitled 504 Loans.

For Kerkhoven entrepreneurs in need of startup financing, you'll want to take a look at our List of Minnesota Angel Investors and our List of Minnesota Venture Capital Firms.

Promoting Your New Venture

To grow your Kerkhoven business, you need a great marketing plan.

We have some helpful resources on this site for entrepreneurs who are working on marketing plans. Advertising in the Yellow Pages is an article that will stimulate a few thoughts on your marketing plan. That's just a taste of the many useful articles we have on Marketing a Small Business.

Moving Forward

As an entrepreneur in Kerkhoven, you won't be working for the boss anymore. You are the boss.

If you choose the right business and love what you do, you will greatly increase your odds of success.

Our goal here is to promote the vitality and growth of small businesses in Kerkhoven and throughout the United States . We want to be there for you to answer your business questions, whether you are a new Kerkhoven entrepreneur who is just getting started or you are already up and running with your new venture.

More Entrepreneurial Resources for Starting a Business in Kerkhoven, Minnesota

Here are more links that we believe will help you be successful in starting a business in Kerkhoven.

 

 

Additional Resources for Entrepreneurs

Buying a Business

Writing a Business Plan

Raising Money

Incorporate

Small Business Marketing

Advertising Advice

Public Relations -

Customer Service Tips

Entrepreneurial Selling

Workplace Safety