Contemplating starting a business in Reading, Ohio? We walk you through the process of opening a business in Reading.
Will You Be a Good Entrepreneur?
Most startup businesses don't make it, in part because the business owner did not have the tenacity and/or the skills to succeed. So, before you start your business, consider all of the implications of being an entrepreneur.
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 Reading. They are usually very willing to share their insights on the ups and downs of being an entrepreneur.
- You should read Starting a Company. It's a good read for those who are thinking about becoming an entrepreneur.
- Talk it over with a close friend or partner. Others sometimes know you better than you know yourself.
Have You Considered Buying an Existing Reading Business?
An excellent way to get started in business is to Buy a Business in Ohio. Follow that link and you can review several good businesses for sale in Reading.
Before buying a business, be sure to read this article: Hold Harmless Agreements When Buying Businesses.
Don't Forget to Create a Business Plan
A business plan is critical in laying a solid foundation for your business success. Simply put, your business plan is your game plan for how you hope to grow your business. Failure to write a business plan is a recipe for disaster.
If you want more information on writing business plans, we recommend reading Find Sample Business Plans Online. A great resource for business planning assistance is the face-to-face free consulting available from your local SCORE chapter in Ohio.
Startup Financing Basics
Finding the funds to fuel the growth of your Reading business is a difficult chore. 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 How Much Venture Capital Is There?.
For Reading entrepreneurs on the hunt for startup funding, we have assembled a List of Ohio Angel Investors and our List of Ohio Venture Capital Firms.
The Art of Selling
Mastering the art of selling is priority one if you want your new Reading business to do well.
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.
How to Build and Motivate a Sales Team offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.
Most new Reading 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.
Our goal here is to promote the vitality and growth of small businesses in Reading and throughout the United States . We have a wealth of experience in business start-ups, financing, marketing, sales and more...and we've made all of our knowledge available to you.
More Entrepreneurial Resources for Starting a Business in Reading, Ohio
Here are more links that we believe will help you be successful in starting a business in Reading.
- Resources for Reading, Ohio Entrepreneurs - Browse a variety of resources we've collected to assist Reading entrepreneurs.
- Ohio Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Ohio.
- Ohio Small Business Development Center - Whether you're starting your business, expanding your business, or just looking to stay in business, the Small Business Development Centers of Ohio (SBDCs of Ohio) can help with professional guidance by connecting you with research, financing sources, and training opportunities.