June 3, 2020  
 
  Entrepreneurial Resources - Advice for Wisconsin Entrepreneurs  
  Mondovi, Wisconsin Resources for Entrepreneurs  
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Opening a Business in Mondovi, Wisconsin

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

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.

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 a Wholesale Tanks Business guide or our Opening a Highways & Bridges Engineers Business guide.

Don't forget that you are starting a business in Mondovi. Some businesses will do better in Mondovi than others. Study Mondovi demographics and do a competitive analysis as part of your startup planning process.

Mondovi, Wisconsin Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 359
5-9 Employees 98
10-19 Employees 51
20-49 Employees 33
50-99 Employees 0
100-249 Employees 12
250-499 Employees 0
500-999 Employees 0
1000+ Employees 3
All Mondovi Businesses 556

As a new Mondovi entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Mondovi 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
Animal (except Poultry) Slaughtering 1
Automotive Parts and Accessories Stores 1
Beauty Salons 3
Business Associations 1
Confectionery Merchant Wholesalers 1
Consumer Lending 1
Drinking Places (Alcoholic Beverages) 6
Drywall and Insulation Contractors 1
Electrical Contractors 1
Farm Supplies Merchant Wholesalers 1
Finish Carpentry Contractors 2
Fitness and Recreational Sports Centers 1
Florists 1
Fruit and Vegetable Canning 1
Full-Service Restaurants 3
Funeral Homes and Funeral Services 1
Furniture Stores 1
General Automotive Repair 4
General Freight Trucking, Local 2
Gift, Novelty, and Souvenir Stores 1
Golf Courses and Country Clubs 1
Hardware Stores 2
Heating Oil Dealers 1
Homes for the Elderly 1
Household Appliance Stores 2
Insurance Agencies and Brokerages 6
Janitorial Services 1
Landscaping Services 4
Limited-Service Restaurants 3
Livestock Merchant Wholesalers 2
Local Messengers and Local Delivery 1
Logging 1
Meat Markets 1
Newspaper Publishers 1
Nursing Care Facilities 1
Office Administrative Services 2
Offices of Bank Holding Companies 1
Offices of Certified Public Accountants 1
Offices of Chiropractors 3
Offices of Dentists 5
Offices of Real Estate Appraisers 1
Packing and Crating 1
Pet Care (except Veterinary) Services 1
Pharmacies and Drug Stores 1
Professional Employer Organizations 2
Racetracks 1
Residential Property Managers 1
Residential Remodelers 7
Roofing Contractors 1
Savings Institutions 1
Sawmills 1
Securities Brokerage 1
Siding Contractors 5
Site Preparation Contractors 2
Spice and Extract Manufacturing 1
Tax Preparation Services 2
Tire Dealers 2
Used Merchandise Stores 1
Veterinary Services 3
Video Tape and Disc Rental 1
Water Supply and Irrigation Systems 1
Wired Telecommunications Carriers 1

Have You Considered Franchising?

As you drive around Mondovi, it's apparent that franchising has become a very popular way to start a business. But is franchising the right option for you?

We highly recommend you consider franchising as an option. This site has dozens of articles on franchising, such as Evaluating Franchise Opportunities. Get a thorough education on franchising by browsing all of our Articles on Franchising.

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

Sample franchise opportunities include Andy Oncall and Steak n Shake. Alternatively, you can browse franchise categories, such as Home Furnishings Franchises and Automotive Services Franchises.

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

Have You Considered Buying an Existing Mondovi Business?

If you have some capital to play with, you may want to Buy a Business in Wisconsin. Follow that link and you might discover several good businesses for sale in Mondovi.

If you are serious about buying a business, you may want to read this article: Hold Harmless Agreements When Buying Businesses.

Naming the Business

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 need to be easy to spell, easy to pronounce, and easy to remember.

Numerous company naming issues are discussed in more detail in this article: Branding Advice.

There's one other important factor when naming a business. Since you are starting a business in Mondovi, it's critical that you ensure that no other Wisconsin company is using the business name you want to use.

Raising Money for Your New Venture

Getting your Mondovi business the capital it needs to succeed will be harder than you might expect. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.

Take advantage of our many articles on raising capital, such as Choosing VC Firms.

For Mondovi entrepreneurs in need of startup financing, we have assembled a List of Wisconsin Angel Investors and our List of Wisconsin Venture Capital Firms.

How to Improve Your Entrepreneurial Abilities

Good entrepreneurs recognize that they don't know everything.

As an entrepreneur who lives in Mondovi, Wisconsin, you will want to take advantage of the many programs available at nearby Wisconsin universities, colleges and community colleges. It's also beneficial to see if there are any networking organizations for Mondovi entrepreneurs.

What's Next?

As an entrepreneur in Mondovi, you won't be working for the boss anymore. You are the boss.

Owning your own business will be a daunting task, but you can do it.

This site is all about helping entrepreneurs in Mondovi and elsewhere to achieve real success. 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 Mondovi, Wisconsin

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

 

 

Additional Resources for Entrepreneurs

Buying a Business

Writing a Business Plan

Raising Money

Incorporate

Small Business Marketing

Advertising Advice

Public Relations -

Customer Service Tips

Entrepreneurial Selling

Workplace Safety