South Carolina Business Startup Guides
Open a Business in Myrtle Beach, South Carolina
Need help starting a business in Myrtle Beach, South Carolina? We've got the information you need to open a business in Myrtle Beach.
Choosing the Right Company to Start
An important decision is what kind of business you want to start. You might get some good ideas about what kind of business to start by reading Free Business Ideas.
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 How to Start a Boat & Yacht Customizing Business guide or our Opening a Church of the Brethren Church guide.
Don't forget that you are starting a business in Myrtle Beach. Some businesses will do better in Myrtle Beach than others. Don't forget to review Myrtle Beach demographics to see if there's a market for what you want to sell.
Myrtle Beach, South Carolina Demographic Information
Myrtle Beach has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Myrtle Beach demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Myrtle Beach.
As a new Myrtle Beach entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Myrtle Beach 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.
Should You Franchise?
As you drive around Myrtle Beach, you may be surprised to see how many franchises there are in the area. But is franchising the right option for you?
Our recommendation is that you investigate buying a franchise. We have many articles on franchises, such as Credit and Franchise Purchasing. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Note on Myrtle Beach Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Myrtle Beach.
The Role of the Business Plan
A business plan is vital in laying a solid foundation for your business success. In effect, a business plan is a written description of the future you envision for your business. Starting a business without a business plan is a recipe for disaster.
If you want more information on writing business plans, we recommend reading Business Plan Mistakes. A great resource for business planning assistance is the free counseling sessions provided by your local SCORE chapter in South Carolina.
Getting Money to Start a Business
Raising money to fund your new Myrtle Beach business is a difficult chore. The reality is that there is very little funding available for new small businesses, and you have to explore every possible alternative.
On the bright side, this site contains dozens of articles on raising money, including one we recommend entitled How Much Venture Capital Is There?.
The Art of Selling
Mastering the art of selling is essential if you want your new Myrtle Beach business to do well.
The key to selling is to set sales goals goals and monitor your progress towards those goals. Let us help you refine your selling techniques through our many useful sales advice tips.
Most new Myrtle Beach businesses underestimate the number of challenges they will face.
Owning your own business will be a daunting task, but you can do it.
We are here to help Myrtle Beach businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Myrtle Beach, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Myrtle Beach, South Carolina
Here are more links that we believe will help you be successful in starting a business in Myrtle Beach.
- Resources for Myrtle Beach, South Carolina Entrepreneurs - Browse a variety of resources we've collected to assist Myrtle Beach entrepreneurs.
- South Carolina Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in South Carolina.
- South Carolina Small Business Development Center - The South Carolina Small Business Development Center provides consulting services to small and medium enterprises through more than 14 locations across the state.
More Startup Articles for South Carolina Cities
Share this article
Additional Resources for Entrepreneurs