Wisconsin Business Startup Guides
Start a Business in Rice Lake, Wisconsin
Are you starting a business in Rice Lake, Wisconsin? This article discusses the most important things to consider when opening a business in Rice Lake.
Rice Lake, Wisconsin Demographic Information
Rice Lake has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Rice Lake demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Rice Lake.
As a new Rice Lake entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Rice Lake 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.
Is a Franchise Opportunity Right For You?
Browse the Yellow Pages for Rice Lake and it's apparent that franchising has become a very popular way to start a business. But is franchising the right option for you?
We advise the entrepreneurs we work with to consider franchising as an option. We have many articles on franchises, such as How to Franchise. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Representative franchise opportunities include Signal Graphics Business Center and Turf Logic. Alternatively, you can browse franchise categories, such as Framing Store Franchises and Juice Bar Franchises / Smoothie Franchises.
Note on Rice Lake Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Rice Lake.
Choosing a Company Name
Making the right decision when choosing a company name is very important. There are many decisions you'll make now that you can change later, but changing a company name years down the road is not very easy. So, choose a good company name at the outset.
Companies like Starbucks, Apple, Target, Microsoft and Intuit all have strong company names that are easy to remember and have become well-loved brands. Wouldn't it be nice if your new company name got on a similar track?
Numerous company naming issues are discussed in more detail in this article: Naming a Company.
On a final note, given that you are starting a business in Rice Lake, it's critical that you ensure that your company name has not already been claimed by another Wisconsin business.
Where to Get Money to Start a Company
Raising money to fund your new Rice Lake business is not an easy task. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.
To learn about raising money, we recommend you read the fundraising articles on our site, such as 504 Loans.
Bring in Revenues
Do you know how to sell? In order to attract customers to your new Rice Lake business, you need to focus on sales.
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.
Increase Your Entrepreneurial Knowledge
Good entrepreneurs know that what they know now may not be enough to ensure their future success.
Given that you are starting a business in Rice Lake, Wisconsin, you should get information on some of the many programs available at nearby Wisconsin universities, colleges and community colleges. You should also check if there are any networking groups or organizations in which Rice Lake entrepreneurs get together to network and trade their business experiences.
Never Give Up
As an entrepreneur in Rice Lake, you won't be working for the boss anymore. You are the boss.
If you choose the right business and love what you do, you will greatly increase your odds of success.
This site is all about helping entrepreneurs in Rice Lake and elsewhere to achieve real success. 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 Rice Lake, Wisconsin
Here are more links that we believe will help you be successful in starting a business in Rice Lake.
- Resources for Rice Lake, Wisconsin Entrepreneurs - Browse a variety of resources we've collected to assist Rice Lake entrepreneurs.
- Wisconsin Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Wisconsin.
- Wisconsin Small Business Development Center - Wisconsin Small Business Development Centers offer a variety of educational services to small-businesses. The low-cost courses, seminars, and workshops cover both basic and complex topics, from marketing to management techniques to business plan development.
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