Michigan Business Startup Guides
Opening a Business in Livonia, Michigan
Contemplating starting a business in Livonia, Michigan? We walk you through the process of opening a business in Livonia.
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? To help you decide on a business type, we encourage you to read Finding Your Niche in Life.
To view an extensive list of business types, complete with startup instructions, spend some time in the Good Businesses to Start section of our site. For example, you might be interested in our Starting a Child Safety Products & Services Business guide or our How to Start a Curios Business guide.
Don't forget that your new startup will be located in Livonia. The business you want to start may already be well-represented in Livonia. Only by spending some time analyzing Livonia demographics can you decide if there will be strong demand for your business idea.
Livonia, Michigan Demographic Information
Livonia has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Livonia demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Livonia.
As a new Livonia entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Livonia 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.
Should You Buy an Existing Livonia Business?
If you have some capital to play with, you may want to Buy a Business in Michigan. Follow that link and you may find several good businesses for sale in Livonia.
For anybody who wants to buy a business, we recommend reading this useful article: Hold Harmless Agreements When Buying Businesses.
Startup Financing Basics
Getting your Livonia 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.
Take advantage of our many articles on finding startup capital, such as Realistic Debt Financing Options.
Being able to sell is critical to your business success. Whether you are focused on selling local customers in Livonia or are selling to customers throughout Michigan, the United States or even the world, you have to be able to sell.
Clever sales techniques can transform any business from good to great. The good news is we can help you to make selling a big competitve advantage for your new firm.
Advancing Your Entrepreneurial Skills
Successful business owners recognize that what they know now may not be enough to ensure their future success.
With your business being located in Livonia, Michigan, you will want to take advantage of the many programs available at nearby Michigan universities, colleges and community colleges. It's also worthwhile to see if there are any networking groups or organizations in which Livonia entrepreneurs get together to network and trade their business experiences.
Now It's Up To You
You have a dream -- starting a business in Livonia. To achieve your dream, you have to persevere, even when the odds are against you.
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 Livonia and throughout the United States . We believe entrepreneurship is an amazing engine for job creation in Livonia, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Livonia, Michigan
Here are more links that we believe will help you be successful in starting a business in Livonia.
- Resources for Livonia, Michigan Entrepreneurs - Browse a variety of resources we've collected to assist Livonia entrepreneurs.
- Michigan Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Michigan.
- Michigan Small Business Development Center - This organization supports 12 regional offices and over 30 satellite offices, each providing counseling and training to Michigan small business owners and entrepreneurs throughout the 83 counties in Michigan. Services to entrepreneurs are offered through a cooperative agreement with the U.S. Small Business Administration.
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