Washington Business Startup Guides
Starting a Business in Port Orchard, Washington
Thinking about starting a business in Port Orchard, Washington? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Port Orchard.
Which Business to Choose?
There are many businesses that you can start. How do you know which type of business is right for you? If you are struggling with what type of business to start, read Free Business Ideas.
If you still are not sure what type of business to start, peruse the Good Businesses to Start section of our site. For example, you might be interested in our Starting a Chandeliers Business guide or our Starting a Child Foster Care Business guide.
Remember that your new startup will be located in Port Orchard. Some businesses will do better in Port Orchard than others. Don't forget to review Port Orchard demographics to see if there's a market for what you want to sell.
Port Orchard, Washington Demographic Information
Port Orchard has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Port Orchard demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Port Orchard.
Businesses
As a new Port Orchard entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Port Orchard 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
Naming the Company
A good company name can give a big boost to a new startup. It might seem like an easy thing to do, but there are many things to consider when naming a business.
Even if the name doesn't do it by itself, many naming experts believe there should be a story behind the name that ties into your company mission.
For other considerations regarding naming a company, we recommend this article: Naming a Company.
As a final piece of advice, remember that because you are starting a business in Port Orchard, it's very important that you make sure no other Washington company is using the business name you want to use.
Do You Need a Business Plan?
Writing a business plan is vital in laying a solid foundation for your business success. Indeed, a business plan describes what you plan to do with the business and how you plan to do it. Not having a business plan will greatly reduce your chances of business success.
If you want more information on writing business plans, we recommend reading Business Presentations. You can also get free business counselors available to you through your local SCORE chapter in Washington.
Getting Money to Start a Business
Getting your Port Orchard business the capital it needs to succeed will be harder than you might expect. In fact, financing your new business may be the hardest challenge you ever face.
To learn about raising money, we recommend you read the fundraising articles on our site, such as Getting a Small Business Loan.
For Port Orchard entrepreneurs with great ambition but a shortage of investment capital, check out our List of Washington Angel Investors and our List of Washington Venture Capital Firms.
How to Improve Your Entrepreneurial Abilities
Successful entrepreneurs recognize that what they know now may not be enough to ensure their future success.
Given that you are starting a business in Port Orchard, Washington, you will want to take advantage of the many programs available at nearby Washington universities, colleges and community colleges. It's also beneficial to see if there are any networking groups or organizations in which Port Orchard entrepreneurs get together to network and trade their business experiences.
Never Give Up
You have a dream -- starting a business in Port Orchard. To achieve your dream, you have to persevere, even when the odds are against you.
If you choose the right business and love what you do, you will greatly increase your odds of success.
We are here to help Port Orchard businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Port Orchard, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Port Orchard, Washington
Here are more links that we believe will help you be successful in starting a business in Port Orchard.
- Resources for Port Orchard, Washington Entrepreneurs - Browse a variety of resources we've collected to assist Port Orchard entrepreneurs.
- Washington Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Washington.
- Washington Small Business Development Center - Washington Small Business Development Centers promote economic vitality by providing advice, training and research to Washington entrepreneurs and existing Washington businesses.
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