Nebraska Business Startup Guides
Start a Business in Oxford, Nebraska
Are you starting a business in Oxford, Nebraska? This article discusses the most important things to consider when opening a business in Oxford.
Will You Be a Good Entrepreneur?
Before quitting your day job, assess your entrepreneurial instincts and capabilities.
With so much at stake when you start a business, we strongly recommend you do the following before you proceed:
- Speak with other entrepreneurs in Oxford. They are usually very willing to share their insights on the ups and downs of being an entrepreneur.
- You should read Business Failure. It's a good read for those who are thinking about becoming an entrepreneur.
- Involve a spouse, family member or trusted friend in the decision. Others sometimes know you better than you know yourself.
Oxford, Nebraska Demographic Information
Oxford has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Oxford demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Oxford.
Businesses
As a new Oxford entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Oxford 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 Franchise?
As you drive around Oxford, you'll notice that many local entrepreneurs have gone the franchising route. Should you be giving franchising serious consideration?
Our advice is to consider franchising as an option. We have many articles on franchises, such as Franchise Versus Business Opportunity. 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 We're Rolling Pretzel and FastBucks. Alternatively, you can browse franchise categories, such as Vending Franchises and eBay Franchises.
Note on Oxford Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Oxford.
Company Formation in Oxford, Nebraska
A critical step is ensuring that your business is formed as a legal entity that is separate from its owners. Doing so will protect you from personal liability for business debts and obligations.
The entity you form can be a corporation, LLC, sole proprietorship, partnership or other structure.
Incorporating 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 Nebraska, you don't necessarily have to incorporate in Nebraska. In fact, 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's a lot to know about forming a company. To learn the fundamentals of company formation, browse articles on our site, such as Avoiding Personal Liability in Business. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Oxford, Nebraska, our information on Incorporating in Nebraska may be a useful resource if you decide to incorporate in Nebraska.
Getting Money to Start a Business
Getting your Oxford business the capital it needs to succeed is a difficult chore. In fact, financing your new business may be the hardest challenge you ever face.
Take advantage of our many articles on raising money, such as 504 Loans.
For Oxford entrepreneurs who want to raise money for a new venture, check out our List of Nebraska Angel Investors and our List of Nebraska Venture Capital Firms.
Building Up Your Sales
Being able to sell is essential to your business success. Whether you are focused on selling local customers in Oxford or are selling to customers throughout Nebraska, the United States or even the world, you have to be able to sell.
So what does it take to bring in more prospects and close more business? Fortunately, we've got plenty of good advice to help you improve your selling skills.
Writing Great Proposals is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.
What's Next?
You have a dream -- starting a business in Oxford. 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.
We are here to help Oxford businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Oxford 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 Oxford, Nebraska
Here are more links that we believe will help you be successful in starting a business in Oxford.
- Resources for Oxford, Nebraska Entrepreneurs - Browse a variety of resources we've collected to assist Oxford 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.
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