Michigan Business Startup Guides
Start a Business in Midland, Michigan
Are you starting a business in Midland, Michigan? This article discusses the most important things to consider when opening a business in Midland.
Are You Ready for Entrepreneurship?
Most new ventures do not succeed, in part because the founder did not have the entrepreneurial skills and traits needed to succeed. So, before jumping into the world of entrepreneurship, consider all of the implications of being an entrepreneur.
Here are three things we recommend you do before you fully commit to starting a new business of your own.
- Reach out to other entrepreneurs in Midland. Listen closely to their experiences and see if you think you too can be successful.
- Peruse Should You Become an Entrepreneur?. This is one of our more popular articles for folks who want to go into business for themselves.
- Have a candid conversation with friends and family. Ask them directly: Do I have what it takes to be an entrepreneur? Listen carefully to their answer, as they presumably know your strengths and weaknesses.
What Business Are You Starting?
Choosing a business that is right for you is very important. You might get some good ideas about what kind of business to start by reading Finding Your Niche in Life.
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 How to Start an Educational, Charitable or Nonprofit Organization guide or our Starting a Software Consultants Business guide.
Don't forget that your new startup will be located in Midland. Some businesses will do better in Midland than others. Make sure you fully understand Midland demographics before you lock in on your business idea.
Midland, Michigan Demographic Information
Midland has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Midland demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Midland.
Businesses
As a new Midland entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Midland 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.
Businesses
Should You Franchise?
As you drive around Midland, it becomes clear that purchasing a franchise is a common way to get started as an entrepreneur. Is franchising maybe a better way for you to start your business?
We highly recommend you consider franchising as an option. We have many articles on franchises, such as Evaluating Franchise Opportunities. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.
You can review hundreds of franchise opportunities by browing our Franchise Directory.
Sample franchise opportunities include The Lemon Tree Family Hair Salon and PortraitEFX. Alternatively, you can browse franchise categories, such as Closet Design and Construction Franchises and Payroll Service Franchises.
Note on Midland Franchise Opportunities: To find out if a franchise you are interested in is available in Midland, you will need to get in direct contact with the franchisor.
What About Buying an Existing Midland Business?
We've created a useful website page for those who want to Buy a Business in Michigan. Follow that link and you may find several good businesses for sale in Midland.
For anybody who wants to buy a business, we recommend reading this useful article: How to Buy a Business.
Learning More About Entrepreneurship
The best entrepreneurs know that what they know now may not be enough to ensure their future success.
As an entrepreneur who lives in Midland, 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 Midland networking organizations.
Never Give Up
Most new Midland businesses underestimate the number of challenges they will face.
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 Midland 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 Midland, Michigan
Here are more links that we believe will help you be successful in starting a business in Midland.
- Resources for Midland, Michigan Entrepreneurs - Browse a variety of resources we've collected to assist Midland 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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