North Carolina Business Startup Guides
Open a Business in Murphy, North Carolina
Need help starting a business in Murphy, North Carolina? We've got the information you need to open a business in Murphy.
What Business to Start
Choosing a business that is right for you is very important. We recommend that you read How to Evaluate a Business Idea.
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 Opening a Canoe & Kayak Equipment & Supplies Business guide or our Starting a Road & Highway Contractors Business guide.
Don't forget that your new startup will be located in Murphy. If Murphy already has plenty of the kind of business you want to start, you might want to change your plans. Don't forget to review Murphy demographics to see if there's a market for what you want to sell.
Murphy, North Carolina Demographic Information
Murphy has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Murphy demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Murphy.
Businesses
As a new Murphy entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Murphy 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 Buy an Existing Murphy Business?
We've created a helpful website page for those who want to Buy a Business in North Carolina. Follow that link and you may find several good businesses for sale in Murphy.
If you are going to be buying a business, you may want to read this article: Buying a Business.
Naming the Company
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.
We strongly advocate that you make sure the ".com" domain name is available for your company name. Every business needs a strong Web presence these days, and having a non ".com" domain means somebody else may outrank you in the search results for your own company name.
For other considerations regarding naming a company, we recommend this article: Branding Advice.
As a final piece of advice, remember that because you are starting a business in Murphy, it's very important that you make sure your company name has not already been claimed by another North Carolina business.
Do You Need a Business Plan?
Creating a business plan is critical in maximizing the prospects of your new company. Indeed, your business plan is your game plan for how you hope to grow your business. Not having a business plan
If writing a business plan is on your to-do list, be sure to read The Art of the Executive Summary. You can also get face-to-face free consulting available from your local SCORE chapter in North Carolina.
Where to Get Money to Start a Company
Raising money to fund your new Murphy business is a difficult chore. 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 Getting a Small Business Loan.
For Murphy entrepreneurs who need startup capital, you'll want to take a look at our List of North Carolina Angel Investors and our List of North Carolina Venture Capital Firms.
Learning More About Entrepreneurship
The best entrepreneurs recognize that what they know now may not be enough to ensure their future success.
As an entrepreneur who lives in Murphy, North Carolina, you should check out some of the many programs available at nearby North Carolina universities, colleges and community colleges. You should also check if there are any networking groups or organizations in which Murphy entrepreneurs get together to network and trade their business experiences.
What's Next?
You have a dream -- starting a business in Murphy. To achieve your dream, you have to persevere, even when the odds are against you.
Owning your own business will be a daunting task, but you can do it.
Our goal here is to promote the vitality and growth of small businesses in Murphy and throughout the United States . We want to be there for you to answer your business questions, whether you are a new Murphy 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 Murphy, North Carolina
Here are more links that we believe will help you be successful in starting a business in Murphy.
- Resources for Murphy, North Carolina Entrepreneurs - Browse a variety of resources we've collected to assist Murphy entrepreneurs.
- North Carolina Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in North Carolina.
- North Carolina SBA - With offices in Charlotte, Wilmington, Raleigh and Asheville, the SBA organizes many events and provides useful resources for new entrepreneurs and growing businesses throughout North Carolina.
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