Iowa Business Startup Guides

Opening a Business in Lamoni, Iowa

Contemplating starting a business in Lamoni, Iowa? We walk you through the process of opening a business in Lamoni.

Are You Sure You Want to Do This?

Before announcing to the world that you are going to start your own business, take inventory of your entrepreneurial instincts and capabilities.

Because entrepreneurship is not for everyone, we recommend you do the following to help you assess whether you should move forward with starting a business:

  • Reach out to other entrepreneurs in Lamoni. Ask them candidly what it's like to run a business.
  • Peruse Characteristics of Successful Entrepreneurs. This is one of our more popular articles for folks who want to go into business for themselves.
  • Seek the advice of somebody who knows you well. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.

What Business to Start

An important decision is what kind of business you want to start. We recommend that you read Business Ideas That Don't Make Sense.

If you still are not sure what type of business to start, peruse the Good Businesses to Start section of our site. For example, you might be interested in our Opening an Axles Wholesale & Manufacturers Business guide or our Opening a Social Companion Services Business guide.

Always keep in mind that starting a business in Lamoni has some implications. The business you want to start may already be well-represented in Lamoni. Only by spending some time analyzing Lamoni demographics can you decide if there will be strong demand for your business idea.

Lamoni, Iowa Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
93
5-9 Employees
45
10-19 Employees
24
20-49 Employees
24
50-99 Employees
6
100-249 Employees
0
250-499 Employees
0
500-999 Employees
3
1000+ Employees
0
All Lamoni Businesses
195

As a new Lamoni entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Lamoni 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
Automotive Parts and Accessories Stores
1
Book Stores
1
Cable and Other Program Distribution
1
Child Day Care Services
1
Commercial Lithographic Printing
1
Electric Power Distribution
1
Food Service Contractors
1
Full-Service Restaurants
1
General Automotive Repair
1
Gift, Novelty, and Souvenir Stores
1
Golf Courses and Country Clubs
1
Homes for the Elderly
1
Insurance Agencies and Brokerages
2
Livestock Merchant Wholesalers
1
Machine Shops
1
Metal Stamping
1
New Housing Operative Builders
2
Newspaper Publishers
1
Nursing Care Facilities
1
Offices of Chiropractors
1
Offices of Lawyers
2
Offices of Optometrists
1
Perishable Prepared Food Manufacturing
1
Pharmacies and Drug Stores
1
Political Organizations
1
Savings Institutions
1
Solid Waste Collection
1
Telemarketing Bureaus
1
Used Car Dealers
1
Veterinary Services
1
Wired Telecommunications Carriers
1

Startup Financing Basics

Raising money to fund your new Lamoni business is not an easy task. The reality is that there is very little funding available for new small businesses, and you have to explore every possible alternative.

The good news is this site contains dozens of articles on raising money, including one we recommend entitled 504 Loans.

For Lamoni entrepreneurs who need startup capital, check out our List of Iowa Angel Investors and our List of Iowa Venture Capital Firms.

Promoting Your New Startup

To rise above the crowd in Lamoni and build your business, you need a solid marketing plan.

You can learn a ton about marketing on our site. Marketing Research is a good read to get your marketing juices flowing. That's just a sampling of the many useful articles we have on Marketing a Small Business.

Advancing Your Entrepreneurial Skills

Good business owners know that they need to continually improve.

As an entrepreneur who lives in Lamoni, Iowa, you should get information on some of the many programs available at nearby Iowa universities, colleges and community colleges. You should also check if there are any networking organizations for Lamoni entrepreneurs.

Next Steps

You have a dream -- starting a business in Lamoni. 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 Lamoni 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 Lamoni, Iowa

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

  • Resources for Lamoni, Iowa Entrepreneurs - Browse a variety of resources we've collected to assist Lamoni entrepreneurs.
  • Iowa Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Iowa.
  • Iowa Small Business Development Center - The Iowa SBDC conducts research, counsels, and trains business people in management, financing, and operating small businesses. They provide comprehensive information services and access to experts in a variety of fields. This is a great resource for Iowa entrepreneurs!

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Starting a Business in Lamont

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