Montana Business Startup Guides
Start a Business in Libby, Montana
Are you starting a business in Libby, Montana? This article discusses the most important things to consider when opening a business in Libby.
Is Becoming an Entrepreneur Right for You?
Before announcing to the world that you are going to start your own business, take inventory of your entrepreneurial instincts and capabilities.
Here are three things we recommend you do before you fully commit to starting a new business of your own.
- Grab a meal or cofee with other entrepreneurs in Libby. Get their take on what it's really like to be an entrepreneur.
- Take a look at Starting a Company. It's a short article but it's a good reality check for those are about to jump into the world of entrepreneurship.
- Talk it over with a close friend or partner. That's the best way to get a truly objective assessment as to whether others think you have what it takes.
Libby, Montana Demographic Information
Libby has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Libby demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Libby.
As a new Libby entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Libby 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.
Have You Considered Buying an Existing Libby Business?
We've created a useful website page for those who want to Buy a Business in Montana. Follow that link and you may find several good businesses for sale in Libby.
Before buying a business, be sure to read this article: How to Buy a Business.
Choosing a Company Name
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.
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.
For other considerations regarding naming a company, we recommend this article: Naming a Company.
On a final note, given that you are opening a business in Libby, it's very important that you make sure no Montana company has already registered the company name you have selected.
Marketing Your New Venture
To grow your Libby business, you'll need to have a good marketing plan.
You can learn all about marketing on our site. Marketing Basics is a good read to get your marketing ideas flowing. That's just a sampling of the many useful articles we have on Marketing a Small Business.
Ramping Up Sales
Being able to sell is critical to your business success. Whether you are focused on selling local customers in Libby or are selling to customers throughout Montana, the United States or even the world, you have to be able to sell.
Good selling involves demonstrating that your wares meet your customer's needs. Let us help you refine your selling techniques through our many useful sales advice tips.
How to Improve Your Entrepreneurial Abilities
Good business owners know that they need to continually improve.
With your business being located in Libby, Montana, you should get information on some of the many programs available at nearby Montana universities, colleges and community colleges. Another way to keep up on your learning is to investigate networking organizations for Libby entrepreneurs.
You have a dream -- starting a business in Libby. To achieve your dream, you have to persevere, even when the odds are against you.
From this point on, you control your own destiny.
This site is all about helping entrepreneurs in Libby and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Libby 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 Libby, Montana
Here are more links that we believe will help you be successful in starting a business in Libby.
- Resources for Libby, Montana Entrepreneurs - Browse a variety of resources we've collected to assist Libby entrepreneurs.
- Montana Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Montana.
- Montana Small Business Development Center - The Montana Small Business Development Centers focus on the creation, retention and expansion of Montana small businesses.
Starting-a-Business Guides for Other Cities in Montana
Share this article
Additional Resources for Entrepreneurs