June 6, 2020  
 
  Entrepreneurial Resources - Advice for Wisconsin Entrepreneurs  
  Osceola, Wisconsin Resources for Entrepreneurs  
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Opening a Business in Osceola, Wisconsin

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

Are You Sure You Want to Do This?

Before quitting your day job, consider your entrepreneurial instincts and capabilities.

To determine whether you have what it takes to run a business, we recommend these three steps to help you decide:

  • Talk to other entrepreneurs in Osceola. Ask them candidly what it's like to run a business.
  • We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
  • Get feedback from somebody whom you trust. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.

Osceola, Wisconsin Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 1566
5-9 Employees 648
10-19 Employees 342
20-49 Employees 234
50-99 Employees 108
100-249 Employees 72
250-499 Employees 0
500-999 Employees 18
1000+ Employees 0
All Osceola Businesses 2988

As a new Osceola entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Osceola 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
Appliance Repair and Maintenance 1
Automotive Glass Replacement Shops 1
Beauty Salons 2
Bed-and-Breakfast Inns 2
Book Publishers 1
Bowling Centers 1
Car Washes 1
Child Day Care Services 3
Commercial Screen Printing 1
Dental Laboratories 1
Drinking Places (Alcoholic Beverages) 5
Drywall and Insulation Contractors 1
Electrical Contractors 2
Engineering Services 1
Family Clothing Stores 1
Family Planning Centers 1
Finish Carpentry Contractors 3
Fitness and Recreational Sports Centers 1
Floor Covering Stores 1
Flooring Contractors 1
Florists 1
Framing Contractors 2
Full-Service Restaurants 4
Furniture Stores 2
General Automotive Repair 1
General Freight Trucking, Local 1
General Medical and Surgical Hospitals 1
Golf Courses and Country Clubs 1
Hardware Stores 1
Homes for the Elderly 1
Insurance Agencies and Brokerages 3
Internet Publishing and Broadcasting 1
Landscaping Services 3
Limited-Service Restaurants 3
Machine Shops 1
Mail-Order Houses 1
Marketing Consulting Services 1
Masonry Contractors 3
Meat Markets 1
Motor Vehicle Body Manufacturing 1
Museums 1
Musical Groups and Artists 1
Natural Gas Distribution 1
Offices of Certified Public Accountants 1
Offices of Chiropractors 3
Offices of Dentists 3
Offices of Lawyers 1
Offices of Optometrists 1
Offices of Real Estate Appraisers 1
Pharmacies and Drug Stores 2
Photography Studios, Portrait 1
Residential Remodelers 1
Securities Brokerage 2
Siding Contractors 1
Site Preparation Contractors 1
Snack and Nonalcoholic Beverage Bars 1
Solid Waste Collection 1
Steel Investment Foundries 1
Testing Laboratories 1
Tile and Terrazzo Contractors 2
Tire Dealers 1
Used Car Dealers 2
Used Merchandise Stores 1
Veterinary Services 1
Video Tape and Disc Rental 1
Wired Telecommunications Carriers 1

Have You Considered Franchising?

Visit the business district of Osceola and you'll notice that many local entrepreneurs have gone the franchising route. But is franchising the right option for you?

Our recommendation is that you consider franchising as an option. We have many articles on franchises, such as Franchise Law. Become a franchising expert of sorts by reading more of our Articles on Franchising.

You can review hundreds of franchise opportunities by browing our Franchise Directory.

Sample franchise opportunities include United Shipping Solutions and California Quivers. Alternatively, you can browse franchise categories, such as Gift Items Franchises and Home Furnishings Franchises.

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

Forming a Company in Osceola, Wisconsin

It's essential that you choose the right legal structure for your new entity. Without a legal structure for the business, you can be held personally liable for the actions, debts and obligations of your company.

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

Incorporating is a very common way to legally create a business entity. 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. If you are starting a business in Wisconsin, you don't necessarily have to incorporate in Wisconsin. As it turns out, you can incorporate in any state you would like to. 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 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 attorney. Finally, if you are starting a business in Osceola, Wisconsin, our information on Incorporating in Wisconsin may be a useful resource if you decide to incorporate in Wisconsin.

Raising Money for Your New Venture

Getting your Osceola business the capital it needs to succeed is not an easy task. The reality is that there is very little funding available for new small businesses, and you have to explore every possible alternative.

To learn about raising money, we recommend you read the fundraising articles on our site, such as Business Credit Evaluation.

For Osceola entrepreneurs with great ambition but a shortage of investment capital, check out our List of Wisconsin Angel Investors and our List of Wisconsin Venture Capital Firms.

Learning More About Entrepreneurship

Successful entrepreneurs recognize that they need to continually improve.

With your business being located in Osceola, Wisconsin, you will want to take advantage of the many programs available at nearby Wisconsin universities, colleges and community colleges. It's also beneficial to see if there are any networking groups or organizations in which Osceola entrepreneurs get together to network and trade their business experiences.

Next Steps

You have a dream -- starting a business in Osceola. To achieve your dream, you have to persevere, even when the odds are against you.

From this point on, you control your own destiny.

Our goal here is to promote the vitality and growth of small businesses in Osceola and throughout the United States . We want to be there for you to answer your business questions, whether you are a new Osceola 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 Osceola, Wisconsin

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

 

 

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