Missouri Business Startup Guides

Start a Business in Park Hills, Missouri

Are you starting a business in Park Hills, Missouri? This article discusses the most important things to consider when opening a business in Park Hills.

Park Hills, Missouri Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
1206
5-9 Employees
450
10-19 Employees
246
20-49 Employees
180
50-99 Employees
24
100-249 Employees
30
250-499 Employees
12
500-999 Employees
6
1000+ Employees
0
All Park Hills Businesses
2154

As a new Park Hills entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Park Hills 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
Advertising Agencies
1
Animal (except Poultry) Slaughtering
1
Automotive Exhaust System Repair
2
Automotive Parts and Accessories Stores
5
Automotive Transmission Repair
2
Baked Goods Stores
1
Beauty Salons
1
Business Associations
2
Caterers
1
Cemeteries and Crematories
1
Child Day Care Services
13
Children's and Infants' Clothing Stores
1
Civic and Social Organizations
3
Computer Systems Design Services
1
Credit Unions
2
Discount Department Stores
1
Electric Power Distribution
1
Electrical Contractors
1
Engineering Services
1
Fine Arts Schools
2
Finish Carpentry Contractors
1
Floor Covering Stores
2
Flooring Contractors
3
Florists
2
Framing Contractors
4
Freight Transportation Arrangement
1
Full-Service Restaurants
6
Funeral Homes and Funeral Services
4
General Automotive Repair
3
Gift, Novelty, and Souvenir Stores
1
Graphic Design Services
1
Hobby, Toy, and Game Stores
1
Home Centers
1
Home Health Care Services
5
Household Appliance Stores
3
Insurance Agencies and Brokerages
10
Janitorial Services
1
Jewelry Stores
1
Limited-Service Restaurants
19
Locksmiths
2
Manufactured (Mobile) Home Dealers
1
Medical Laboratories
1
Motor Vehicle Towing
1
Motorcycle Dealers
1
Musical Instrument and Supplies Stores
1
Nail Salons
1
New Car Dealers
2
News Dealers and Newsstands
1
Newspaper Publishers
1
Offices of Certified Public Accountants
2
Offices of Chiropractors
1
Offices of Dentists
4
Offices of Lawyers
7
Offices of Optometrists
2
Optical Goods Stores
1
Pet Care (except Veterinary) Services
1
Pharmacies and Drug Stores
4
Photography Studios, Portrait
2
Professional Employer Organizations
1
Radio Stations
1
Real Estate Credit
1
Recreational Vehicle Dealers
1
Residential Remodelers
2
Sawmills
1
School and Employee Bus Transportation
1
Securities Brokerage
2
Security Guards and Patrol Services
3
Septic Tank and Related Services
1
Shoe Stores
1
Siding Contractors
1
Snack and Nonalcoholic Beverage Bars
1
Tax Preparation Services
3
Tire Dealers
2
Title Abstract and Settlement Offices
1
Tobacco Stores
1
Used Car Dealers
5
Veterinary Services
1
Vocational Rehabilitation Services
1
Wired Telecommunications Carriers
1

Naming the Company

A big decision when starting a company is choosing a company name. Believe it or not, choosing a good company name can be a big contributor to your business success.

Company names should be fun to say, and they should help people to understand what you do and how you differentiate yourself in the market.

To get up to speed on what makes for a good company name, we encourage you to read this useful article: Branding Advice.

On a final note, given that you are starting a business in Park Hills, it's imperative that you check now that no other Missouri company is using the business name you want to use.

Do You Need a Business Plan?

Having a business plan is critical to the health of your new business. Simply put, a business plan describes what you plan to do with the business and how you plan to do it. Failure to write a business plan makes you more prone to becoming a business failure statistic.

If writing a business plan is on your to-do list, be sure to read Reasons to Write a Business Plan. A great resource for business planning assistance is the face-to-face free consulting available from your local SCORE chapter in Missouri.

Startup Financing Basics

Getting your Park Hills business the capital it needs to succeed is very difficult due to the ongoing business credit crunch. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.

To learn about raising money, we recommend you read the fundraising articles on our site, such as Microlending as a Small Business Funding Source.

For Park Hills entrepreneurs on the hunt for startup funding, check out our List of Missouri Angel Investors and our List of Missouri Venture Capital Firms.

Marketing Your New Venture

To grow your Park Hills business, having an excellent marketing plan is fundamental to your beating the competition.

You can learn plenty about marketing on our site. Avoiding Bad Product Launches discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. That's just a taste of the many useful articles we have on Marketing a Small Business.

Building Up Your Sales

Mastering the art of selling is priority one if you want your new Park Hills business to do well.

So what does it take to bring in more prospects and close more business? Let us help you refine your selling techniques through our many useful sales advice tips.

Why Salespeople Fail offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.

Never Give Up

Most new Park Hills businesses underestimate the number of challenges they will face.

If you choose the right business and love what you do, you will greatly increase your odds of success.

We are here to help Park Hills businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Park Hills 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 Park Hills, Missouri

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

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