Nebraska Business Startup Guides
Starting a Business in North Platte, Nebraska
Thinking about starting a business in North Platte, Nebraska? This step-by-step guide walks you through the major decisions you should consider before opening a new business in North Platte.
Are You Ready for the Challenges of Being an Entrepreneur?
Running your own business is hard work, much harder than working as an employee. Are you positive you have the stamina and skills to succeed on your own?
Because entrepreneurship is not for everyone, we recommend you do the following to help you assess whether you should move forward with starting a business:
- Talk to other entrepreneurs in North Platte. Listen closely to their experiences and see if you think you too can be successful.
- We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
- Get feedback from somebody whom you trust. 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.
North Platte, Nebraska Demographic Information
North Platte has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for North Platte demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in North Platte.
As a new North Platte entrepreneur, you may also be interested in the table below. It shows how many businesses there are in North Platte 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.
Is a Franchise Opportunity Right For You?
As you drive around North Platte, you'll see that franchises make up a large percentage of local businesses. But is franchising the right option for you?
Our advice is to investigate buying a franchise. We have many articles on franchises, such as Staffing a Franchise. Become a franchising expert of sorts by reading more of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Sample franchise opportunities include The Original Basket Boutique and Furniture Medic L.P.. Alternatively, you can browse franchise categories, such as Retail Franchises and Frozen Yogurt Franchises.
Note on North Platte Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in North Platte.
Forming a Company in North Platte, Nebraska
It's essential that you form your business as a legal structure. Doing so will shield you from personal liability for business debts and obligations.
The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
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. If you are starting a business in Nebraska, you don't necessarily have to incorporate in Nebraska. In fact, you are allowed to incorporate in any state you would like to. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.
There are many nuances to forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Corporate Formalities. You may also want to seek the advice of an lawyer. Finally, if you are starting a business in North Platte, Nebraska, our information on Incorporating in Nebraska may be a useful resource if you decide to incorporate in Nebraska.
Marketing Your New Venture
To grow your North Platte business, having an excellent marketing plan is fundamental to your business achieving its goals.
There are myriad resources on this site to help you with your marketing plan. National TV Spot Advertising Rates is an article that will stimulate a few thoughts on your marketing plan. That's just one of the many useful articles we have on Marketing a Small Business.
How to Improve Your Entrepreneurial Abilities
Successful entrepreneurs recognize that they need to continually improve.
With your business being located in North Platte, Nebraska, you will want to take advantage of the many programs available at nearby Nebraska universities, colleges and community colleges. It's also worthwhile to see if there are any networking organizations for North Platte entrepreneurs.
Never Give Up
As an entrepreneur in North Platte, you won't be working for the boss anymore. You are the boss.
From this point on, you control your own destiny.
We are here to help North Platte businesses to be successful. We want to be there for you to answer your business questions, whether you are a new North Platte 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 North Platte, Nebraska
Here are more links that we believe will help you be successful in starting a business in North Platte.
- Resources for North Platte, Nebraska Entrepreneurs - Browse a variety of resources we've collected to assist North Platte entrepreneurs.
- Nebraska Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Nebraska.
- Nebraska Small Business Development Center - Nebraska Small Business Development Centers provided start-up, management and technical assistance to Nebraska entrepreneurs and Nebraska small business owners from offices throughout the state.
More Startup Articles for Nebraska Cities
Share this article
Additional Resources for Entrepreneurs