January 24, 2021  
 
  Entrepreneurial Resources - Advice for Indiana Entrepreneurs  
  Mooresville, Indiana Resources for Entrepreneurs  
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Opening a Business in Mooresville, Indiana

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

Mooresville, Indiana Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 3080
5-9 Employees 1404
10-19 Employees 732
20-49 Employees 456
50-99 Employees 156
100-249 Employees 108
250-499 Employees 12
500-999 Employees 0
1000+ Employees 0
All Mooresville Businesses 5948

As a new Mooresville entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Mooresville 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 7
Beauty Salons 5
Beer, Wine, and Liquor Stores 2
Book Publishers 1
Business Associations 2
Cafeterias 2
Car Washes 1
Carpet and Upholstery Cleaning Services 2
Child Day Care Services 7
Civic and Social Organizations 3
Claims Adjusting 1
Coin-Operated Laundries and Drycleaners 1
Commercial Lithographic Printing 1
Commercial Photography 1
Computer and Software Stores 2
Computer Systems Design Services 2
Construction Machinery Manufacturing 1
Construction Sand and Gravel Mining 2
Convenience Stores 1
Copper Wire (except Mechanical) Drawing 1
Couriers 1
Custom Computer Programming Services 1
Cut Stock, Resawing Lumber, and Planing 1
Digital Printing 1
Direct Life Insurance Carriers 1
Direct Title Insurance Carriers 1
Document Preparation Services 1
Drinking Places (Alcoholic Beverages) 2
Drywall and Insulation Contractors 2
Educational Support Services 1
Electrical Contractors 12
Elementary and Secondary Schools 1
Engineering Services 4
Environmental Consulting Services 1
Exterminating and Pest Control Services 1
Family Clothing Stores 1
Fine Arts Schools 2
Finish Carpentry Contractors 3
Fitness and Recreational Sports Centers 2
Flooring Contractors 1
Florists 2
Food Product Machinery Manufacturing 1
Food Service Contractors 1
Framing Contractors 5
Freight Transportation Arrangement 2
Full-Service Restaurants 11
Funeral Homes and Funeral Services 1
Furniture Stores 1
General Automotive Repair 7
General Freight Trucking, Local 2
General Rental Centers 1
Gift, Novelty, and Souvenir Stores 3
Glass and Glazing Contractors 1
Golf Courses and Country Clubs 1
Hardware Stores 1
Hobby, Toy, and Game Stores 1
Home Centers 1
Insurance Agencies and Brokerages 11
Interior Design Services 1
Internet Service Providers 1
Investment Advice 1
Iron and Steel Mills 1
Janitorial Services 5
Jewelry (except Costume) Manufacturing 1
Jewelry Stores 2
Land Subdivision 2
Landscaping Services 10
Lessors of Other Real Estate Property 2
Limited-Service Restaurants 16
Limousine Service 1
Machine Shops 6
Mail-Order Houses 1
Masonry Contractors 2
Meat Markets 1
Motor Vehicle Body Manufacturing 1
Motor Vehicle Metal Stamping 1
Musical Groups and Artists 1
New Car Dealers 2
Newspaper Publishers 1
Nursing Care Facilities 1
Offices of Certified Public Accountants 4
Offices of Chiropractors 1
Offices of Dentists 10
Offices of Lawyers 4
Offices of Optometrists 4
Offices of Podiatrists 1
Outdoor Power Equipment Stores 1
Painting and Wall Covering Contractors 6
Pet and Pet Supplies Stores 1
Pharmacies and Drug Stores 4
Political Organizations 1
Precision Turned Product Manufacturing 1
Residential Property Managers 1
Residential Remodelers 8
Roofing Contractors 1
Savings Institutions 2
Sawmills 2
Securities Brokerage 3
Sheet Metal Work Manufacturing 1
Shoe Stores 1
Siding Contractors 2
Site Preparation Contractors 3
Snack and Nonalcoholic Beverage Bars 1
Solid Waste Collection 1
Sports and Recreation Instruction 1
Tax Preparation Services 3
Temporary Help Services 2
Tire Dealers 1
Title Abstract and Settlement Offices 2
Tobacco Stores 1
Toilet Preparation Manufacturing 1
Truss Manufacturing 1
Used Car Dealers 1
Used Household and Office Goods Moving 1
Veterinary Services 2
Video Tape and Disc Rental 4
Water Supply and Irrigation Systems 2
Wholesale Trade Agents and Brokers 2
Wired Telecommunications Carriers 2
Women's Clothing Stores 1

Is Franchising a Better Option?

As you drive around Mooresville, you'll see that franchises make up a large percentage of local businesses. Is franchising maybe a better way for you to start your business?

Our advice is to investigate buying a franchise. This site has dozens of articles on franchising, such as Benefits of Owning A Franchise. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.

You can find franchise opportunities by browsing our Franchise Opportunities Directory.

Sample franchise opportunities include Ultimate Woman Fitness and Bear Creek Coffee. Alternatively, you can browse franchise categories, such as Children's Fitness Franchises and Insurance Franchises.

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

Should You Buy an Existing Mooresville Business?

An excellent way to get started in business is to Buy a Business in Indiana. Follow that link and you can review several good businesses for sale in Mooresville.

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

Selecting a Name For Your Business

Making the right decision when choosing a company name is very important. There are many decisions you'll make now that you can change later, but changing a company name years down the road is not very easy. So, choose a good company name at the outset.

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

To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Business.

As a final piece of advice, remember that because you are starting a business in Mooresville, it's critical that you ensure that no other Indiana company is using the business name you want to use.

Company Formation in Mooresville, Indiana

A critical step is ensuring that you are forming a legal entity that operates independently from you. Doing so will shield you from personal liability for business debts and obligations.

The entity you form can be a corporation, LLC, sole proprietorship, partnership or other structure.

Incorporating is a very popular way to form a business. Of course, you have to decide which type of corporation to form and where to incorporate. Just because you are starting a business in Indiana, you don't necessarily have to incorporate in Indiana. As it turns out, you are allowed to incorporate in the state of your choosing. For example, it's very popular to incorporate in Delaware, and incorporating in Nevada has become very trendy as well. Don't forget, though, that you will have to register as a foreign entity in all states that you do business in.

There's a lot to know about forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Subchapter S Corporations. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Mooresville, Indiana, our information on Incorporating in Indiana may be a useful resource if you decide to incorporate in Indiana.

Don't Forget to Create a Business Plan

A business plan is vital in maximizing the prospects of your new company. Indeed, a business plan describes what you plan to do with the business and how you plan to do it. Failure to write a business plan is a recipe for disaster.

If you want more information on writing business plans, we recommend reading Business Plan Contests. You should also take advantage of free counseling sessions provided by your local SCORE chapter in Indiana.

Letting the World Know You Exist

Whether your goal is to attract Mooresville customers or you plan on selling elsewhere, having an excellent marketing plan is fundamental to your successs.

We have some great resources on this site for entrepreneurs who are working on marketing plans. Internet Advertising is an article that will stimulate a few thoughts on your marketing plan. That's just a sampling of the many useful articles we have on Marketing a Small Business.

Moving Forward

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

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 Mooresville and throughout the United States . We want to be there for you to answer your business questions, whether you are a new Mooresville 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 Mooresville, Indiana

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

 

 

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