Washington Business Startup Guides

Start a Business in Poulsbo, Washington

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

What Type of Business Should You Start?

There are many businesses that you can start. How do you know which type of business is right for you? We recommend that you read Evaluating Your Idea.

For in-depth how-to guides on how to start specific businesses, browse our Good Businesses to Start section of our site. For example, you might be interested in our Opening a Knit Fabrics Retail Business guide or our How to Start a Probation Services Business guide.

Always keep in mind that your new startup will be located in Poulsbo. Some businesses will do better in Poulsbo than others. Don't forget to review Poulsbo demographics to see if there's a market for what you want to sell.

Poulsbo, Washington Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
1608
5-9 Employees
519
10-19 Employees
312
20-49 Employees
183
50-99 Employees
24
100-249 Employees
21
250-499 Employees
6
500-999 Employees
0
1000+ Employees
0
All Poulsbo Businesses
2673

As a new Poulsbo entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Poulsbo 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
3
Appliance Repair and Maintenance
1
Architectural Services
5
Art Dealers
2
Audio and Video Equipment Manufacturing
1
Automotive Glass Replacement Shops
1
Baked Goods Stores
1
Beauty Salons
9
Beer, Wine, and Liquor Stores
2
Boat Dealers
3
Book Stores
1
Business Associations
1
Car Washes
2
Child and Youth Services
2
Child Day Care Services
7
Civic and Social Organizations
4
Coffee and Tea Manufacturing
1
Collection Agencies
1
Commercial Lithographic Printing
3
Commercial Photography
2
Computer Systems Design Services
1
Confectionery and Nut Stores
1
Continuing Care Retirement Communities
2
Convenience Stores
1
Convention and Trade Show Organizers
1
Credit Unions
2
Custom Computer Programming Services
5
Direct Mail Advertising
1
Directory and Mailing List Publishers
1
Drinking Places (Alcoholic Beverages)
3
Drywall and Insulation Contractors
9
Educational Support Services
2
Electric Power Distribution
1
Electrical Contractors
11
Electronic Shopping
2
Elementary and Secondary Schools
2
Employment Placement Agencies
3
Engineering Services
13
Fertilizer (Mixing Only) Manufacturing
1
Fine Arts Schools
4
Finish Carpentry Contractors
6
Fitness and Recreational Sports Centers
4
Floor Covering Stores
2
Flooring Contractors
3
Florists
1
Food Service Contractors
1
Footwear and Leather Goods Repair
1
Framing Contractors
4
Full-Service Restaurants
29
Funeral Homes and Funeral Services
1
Furniture Stores
2
General Automotive Repair
7
General Freight Trucking, Local
1
General Rental Centers
1
General Warehousing and Storage
1
Grantmaking Foundations
1
Graphic Design Services
1
Hardware Stores
1
HMO Medical Centers
1
Homes for the Elderly
1
Household Appliance Stores
1
Insurance Agencies and Brokerages
9
Internet Publishing and Broadcasting
1
Internet Service Providers
1
Investment Advice
2
Irradiation Apparatus Manufacturing
1
Janitorial Services
7
Jewelry Stores
3
Land Subdivision
3
Landscaping Services
21
Lessors of Other Real Estate Property
3
Limited-Service Restaurants
10
Locksmiths
1
Logging
1
Machine Shops
2
Mail-Order Houses
1
Marketing Consulting Services
3
Masonry Contractors
3
Miscellaneous Intermediation
1
Mortgage and Nonmortgage Loan Brokers
2
Motion Picture and Video Production
3
Musical Instrument Manufacturing
1
Navigational Services to Shipping
2
New Housing Operative Builders
4
Newspaper Publishers
1
Nonresidential Property Managers
3
Nursing Care Facilities
1
Offices of Certified Public Accountants
3
Offices of Chiropractors
10
Offices of Dentists
17
Offices of Optometrists
1
Offices of Other Holding Companies
1
Offices of Podiatrists
1
Offices of Real Estate Appraisers
5
Ophthalmic Goods Manufacturing
1
Paint and Wallpaper Stores
1
Painting and Wall Covering Contractors
9
Pet and Pet Supplies Stores
2
Pet Care (except Veterinary) Services
6
Petroleum Bulk Stations and Terminals
1
Pharmacies and Drug Stores
4
Photography Studios, Portrait
1
Precision Turned Product Manufacturing
1
Private Mail Centers
1
Real Estate Credit
2
Recreational Vehicle Dealers
1
Residential Property Managers
5
Residential Remodelers
16
Retail Bakeries
2
Reupholstery and Furniture Repair
1
Roofing Contractors
1
Sawmills
1
Securities Brokerage
4
Sheet Metal Work Manufacturing
1
Shellfish Fishing
1
Shoe Stores
1
Siding Contractors
3
Sign Manufacturing
1
Snack and Nonalcoholic Beverage Bars
13
Software Publishers
3
Sporting Goods Stores
3
Sports and Recreation Instruction
3
Support Activities for Forestry
1
Tax Preparation Services
2
Temporary Help Services
1
Tile and Terrazzo Contractors
4
Timber Tract Operations
1
Tire Dealers
2
Travel Agencies
1
Used Car Dealers
3
Used Household and Office Goods Moving
1
Used Merchandise Stores
10
Video Tape and Disc Rental
2
Voluntary Health Organizations
1
Water Supply and Irrigation Systems
1
Wholesale Trade Agents and Brokers
4
Wired Telecommunications Carriers
3
Wood Office Furniture Manufacturing
1
Zoos and Botanical Gardens
1

Forming a Company in Poulsbo, Washington

A critical step is ensuring that your business is formed as a legal entity that is separate from its owners. 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 Washington, you don't necessarily have to incorporate in Washington. 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 Registered Agents. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Poulsbo, Washington, our information on Incorporating in Washington may be a useful resource if you decide to incorporate in Washington.

Where to Get Money to Start a Company

Getting your Poulsbo business the capital it needs to succeed is a difficult chore. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.

The good news is this site contains dozens of articles on raising money, including one we recommend entitled 504 Loans.

For Poulsbo 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.

Getting the Word Out About Your New Company

To rise above the crowd in Poulsbo and build your business, having an excellent marketing plan is fundamental to your doing well.

There are myriad resources on this site to help you with your marketing plan. Direct Mail Costs is a good read to get your marketing juices flowing. That's just one of the many useful articles we have on Marketing a Small Business.

The Art of Selling

Being able to sell is critical to your business success. Whether you are focused on selling local customers in Poulsbo or are selling to customers throughout Washington, the United States or even the world, you have to be able to sell.

Good selling involves demonstrating that your wares meet your customer's needs. Fortunately, we've got plenty of good advice to help you improve your selling skills.

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

What's Next?

You have a dream -- starting a business in Poulsbo. 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 Poulsbo businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Poulsbo 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 Poulsbo, Washington

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

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