Minnesota Business Startup Guides

Open a Business in Luverne, Minnesota

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

Will You Be a Successful Entrepreneur?

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

Before you move forward with starting a business, be sure to do these three things:

  • Talk to other entrepreneurs in Luverne. They are usually very willing to share their insights on the ups and downs of being an entrepreneur.
  • We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
  • Get feedback from somebody whom you trust. Others sometimes know you better than you know yourself.

What Business 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 Business Ideas That Don't Make Sense.

For step-by-step instructions on starting a variety of business types, visit the Good Businesses to Start section of our site. For example, you might be interested in our Starting an Oil Burners Commercial & Industrial Business guide or our How to Start a Control Systems & Regulators Wholesale & Manufacturers Business guide.

Always keep in mind that your new startup will be located in Luverne. If Luverne already has plenty of the kind of business you want to start, you might want to change your plans. Make sure you fully understand Luverne demographics before you lock in on your business idea.

Luverne, Minnesota Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
1095
5-9 Employees
342
10-19 Employees
270
20-49 Employees
180
50-99 Employees
18
100-249 Employees
54
250-499 Employees
0
500-999 Employees
0
1000+ Employees
0
All Luverne Businesses
1959

As a new Luverne entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Luverne 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
2
Beauty Salons
3
Beer, Wine, and Liquor Stores
1
Car Washes
1
Cemeteries and Crematories
1
Child Day Care Services
1
Civic and Social Organizations
2
Commercial Lithographic Printing
1
Commodity Contracts Brokerage
3
Convention and Visitors Bureaus
1
Drive-In Motion Picture Theaters
1
Electric Power Distribution
1
Electrical Contractors
2
Ethyl Alcohol Manufacturing
1
Family Clothing Stores
1
Farm Supplies Merchant Wholesalers
2
Fitness and Recreational Sports Centers
1
Florists
1
Framing Contractors
1
Freight Transportation Arrangement
1
Full-Service Restaurants
4
General Automotive Repair
1
General Medical and Surgical Hospitals
1
General Rental Centers
1
Golf Courses and Country Clubs
1
Heavy Duty Truck Manufacturing
1
Home Health Care Services
1
Household Appliance Stores
1
Insurance Agencies and Brokerages
13
Internet Service Providers
1
Janitorial Services
3
Limited-Service Restaurants
5
Livestock Merchant Wholesalers
1
Marketing Consulting Services
1
Masonry Contractors
1
Motorcycle Dealers
1
New Car Dealers
2
Newspaper Publishers
1
Offices of Certified Public Accountants
1
Offices of Chiropractors
4
Offices of Dentists
3
Offices of Lawyers
6
Offices of Real Estate Appraisers
2
Outdoor Power Equipment Stores
1
Paint and Wallpaper Stores
1
Photography Studios, Portrait
1
Poultry Processing
1
Radio Networks
1
Rendering and Meat Byproduct Processing
1
Residential Remodelers
5
Securities Brokerage
2
Snack and Nonalcoholic Beverage Bars
3
Tax Preparation Services
1
Theater Companies and Dinner Theaters
1
Title Abstract and Settlement Offices
1
Travel Agencies
1
Used Car Dealers
3
Used Household and Office Goods Moving
1
Veterinary Services
2
Wired Telecommunications Carriers
1
Women's Clothing Stores
1

Have You Considered Franchising?

Visit the business district of Luverne and you'll conclude that many business owners have opted to buy a franchise, rather than starting a business on their own. But is franchising the right option for you?

Most business experts recommend that you evaluate the possibility of your buying a franchise opportunity. We have many articles on franchises, such as Multi-Unit Franchising. Become a franchising expert of sorts by reading more of our Articles on Franchising.

To learn about specific franchise opportunities, check out our Franchise Directory.

Sample franchise opportunities include Fazoli's Restaurants and Great American Cookie Inc.. Alternatively, you can browse franchise categories, such as Car Wash Franchises and Healthy Alternative Foods Franchises.

Note on Luverne Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Luverne.

Have You Considered Buying an Existing Luverne Business?

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

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

Building Up Your Sales

Being able to sell is critical to your business success. Whether you are focused on selling local customers in Luverne or are selling to customers throughout Minnesota, the United States or even the world, you have to be able to sell.

The key to selling is to set sales goals goals and monitor your progress towards those goals. Fortunately, we've got plenty of good advice to help you improve your selling skills.

Sales Prospecting is worth reading, as it may give you some good ideas on how to sell your products or services. We have many more good articles on selling that you may enjoy reading.

What's Next?

You have a dream -- starting a business in Luverne. To achieve your dream, you have to persevere, even when the odds are against you.

From this point on, you control your own destiny.

We are here to help Luverne businesses to be successful. 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 Luverne, Minnesota

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

More Business Startup Guides for Minnesota

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Starting a Business in Mabel

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Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

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