June 5, 2020  
 
  Entrepreneurial Resources - Advice for Wisconsin Entrepreneurs  
  Oconto, Wisconsin Resources for Entrepreneurs  
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Starting a Business in Oconto, Wisconsin

Thinking about starting a business in Oconto, Wisconsin? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Oconto.

What Type of Business Should You Start?

Choosing a business that is right for you is very important. We recommend that you read Free Business Ideas.

For step-by-step instructions on starting a variety of business types, visit the Good Businesses to Start section of our site. For example, you might be interested in our Starting a Brick Pavers Dealers Business guide or our Starting a Metallurgical Engineers Business guide.

Always keep in mind that you are starting a business in Oconto. The business you want to start may already be well-represented in Oconto. Don't forget to review Oconto demographics to see if there's a market for what you want to sell.

Oconto, Wisconsin Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 636
5-9 Employees 234
10-19 Employees 84
20-49 Employees 102
50-99 Employees 42
100-249 Employees 6
250-499 Employees 0
500-999 Employees 6
1000+ Employees 0
All Oconto Businesses 1110

As a new Oconto entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Oconto 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
Automobile Driving Schools 1
Automotive Parts and Accessories Stores 1
Beauty Salons 4
Beer, Wine, and Liquor Stores 2
Boat Building 1
Bowling Centers 1
Business Associations 1
Car Washes 2
Cemeteries and Crematories 2
Child Day Care Services 4
Coin-Operated Laundries and Drycleaners 1
Commercial Lithographic Printing 1
Community Food Services 1
Computer and Software Stores 1
Drafting Services 1
Drinking Places (Alcoholic Beverages) 5
Electrical Contractors 5
Engineering Services 2
Fitness and Recreational Sports Centers 3
Florists 3
Full-Service Restaurants 6
Funeral Homes and Funeral Services 2
General Automotive Repair 1
General Freight Trucking, Local 1
Gift, Novelty, and Souvenir Stores 1
Golf Courses and Country Clubs 2
Hardware Stores 2
Homes for the Elderly 2
Insurance Agencies and Brokerages 2
Janitorial Services 1
Jewelry Stores 1
Landscaping Services 3
Lessors of Other Real Estate Property 1
Limited-Service Restaurants 3
Local Messengers and Local Delivery 1
Logging 2
Masonry Contractors 1
Motor Vehicle Towing 1
Museums 1
New Car Dealers 1
Newspaper Publishers 1
Nursing Care Facilities 1
Offices of Certified Public Accountants 2
Offices of Chiropractors 2
Offices of Dentists 2
Offices of Lawyers 6
Offices of Optometrists 1
Painting and Wall Covering Contractors 2
Payroll Services 1
Pharmacies and Drug Stores 1
Polystyrene Foam Product Manufacturing 1
Portfolio Management 1
Radio Stations 1
Residential Property Managers 1
Retail Bakeries 1
Sawmills 1
School and Employee Bus Transportation 1
Securities Brokerage 1
Sheet Metal Work Manufacturing 1
Siding Contractors 1
Site Preparation Contractors 2
Snack and Nonalcoholic Beverage Bars 1
Solid Waste Collection 1
Sporting Goods Stores 1
Tax Preparation Services 1
Title Abstract and Settlement Offices 3
Travel Agencies 1
Used Car Dealers 1
Used Merchandise Stores 1
Veterinary Services 1
Wood Office Furniture Manufacturing 1

Have You Considered Buying an Existing Oconto Business?

An excellent way to get started in business is to Buy a Business in Wisconsin. Follow that link and you may find several good businesses for sale in Oconto.

For anybody who wants to buy a business, we recommend reading this useful article: Hold Harmless Agreements When Buying Businesses.

Company Formation in Oconto, Wisconsin

It's essential that you form your business as a legal structure. Doing so will insulate 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.

Incorporation is a very popular way to form a business. A key decision is whether to form and S-Corp or a C-Corp, and you also must decide in which state you will incorporate. Just because you are starting a business in Wisconsin, it doesn't mean you are required to incorporate in Wisconsin. In fact, you can 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'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 Offshore Company Formation. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Oconto, Wisconsin, our information on Incorporating in Wisconsin may be a useful resource if you decide to incorporate in Wisconsin.

The Role of the Business Plan

A business plan is essential in maximizing the prospects of your new company. In effect, a business plan is a written description of the future you envision for your business. Not having a business plan is a recipe for disaster.

To learn more about business plans, read Business Plan Contests. You should also take advantage of free business counselors available to you through your local SCORE chapter in Wisconsin.

Selling Tips

Do you know how to sell? In order to attract customers to your new Oconto business, you need to focus on sales.

So what does it take to bring in more prospects and close more business? The good news is we can help you to make selling a big competitve advantage for your new firm.

Good Sales Strategies offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.

How to Improve Your Entrepreneurial Abilities

The best business owners know that what they know now may not be enough to ensure their future success.

Given that you are starting a business in Oconto, Wisconsin, you will want to take advantage of the many programs available at nearby Wisconsin universities, colleges and community colleges. It's also worthwhile to see if there are any networking groups or organizations in which Oconto entrepreneurs get together to network and trade their business experiences.

Now It's Up To You

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

From this point on, you control your own destiny.

This site is all about helping entrepreneurs in Oconto and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Oconto, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Oconto, Wisconsin

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

 

 

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