January 11, 2021  
 
  Entrepreneurial Resources - Advice for Michigan Entrepreneurs  
  Saginaw, Michigan Resources for Entrepreneurs  
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Start a Business in Saginaw, Michigan

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

What Business Are You Starting?

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 Good Business Ideas.

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 Starting a Novelties Wholesale & Manufacturers Business guide or our How to Start a Stair Equipment Business guide.

Always keep in mind that starting a business in Saginaw has some implications. Some businesses will do better in Saginaw than others. Don't forget to review Saginaw demographics to see if there's a market for what you want to sell.

Saginaw, Michigan Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 13032
5-9 Employees 7290
10-19 Employees 4653
20-49 Employees 3123
50-99 Employees 1044
100-249 Employees 756
250-499 Employees 117
500-999 Employees 27
1000+ Employees 54
All Saginaw Businesses 30096

As a new Saginaw entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Saginaw 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 9
Ambulance Services 1
Amusement Arcades 2
Appliance Repair and Maintenance 6
Apprenticeship Training 2
Architectural Services 4
Art Dealers 4
Automobile Driving Schools 1
Automotive Exhaust System Repair 3
Automotive Glass Replacement Shops 7
Automotive Parts and Accessories Stores 21
Automotive Transmission Repair 3
Baked Goods Stores 4
Beauty Salons 52
Bed-and-Breakfast Inns 2
Beer and Ale Merchant Wholesalers 3
Beer, Wine, and Liquor Stores 20
Blood and Organ Banks 1
Boat Dealers 2
Book Publishers 1
Book Stores 6
Bottled Water Manufacturing 1
Bowling Centers 4
Building Inspection Services 2
Business Associations 12
Cable and Other Program Distribution 5
Cafeterias 4
Camera and Photographic Supplies Stores 1
Car Washes 14
Carpet and Upholstery Cleaning Services 3
Caterers 4
Cemeteries and Crematories 4
Child and Youth Services 11
Child Day Care Services 28
Children's and Infants' Clothing Stores 5
Civic and Social Organizations 28
Claims Adjusting 3
Clothing Accessories Stores 5
Coin-Operated Laundries and Drycleaners 5
Collection Agencies 3
Commercial Bakeries 2
Commercial Lithographic Printing 6
Commercial Photography 1
Commercial Screen Printing 3
Community Food Services 2
Computer and Software Stores 8
Computer Systems Design Services 8
Consumer Lending 3
Continuing Care Retirement Communities 1
Convenience Stores 41
Convention and Trade Show Organizers 2
Copper Foundries (except Die-Casting) 1
Cosmetology and Barber Schools 1
Couriers 5
Court Reporting and Stenotype Services 4
Credit Unions 25
Custom Computer Programming Services 5
Dental Laboratories 5
Diagnostic Imaging Centers 2
Diet and Weight Reducing Centers 3
Digital Printing 1
Dimension Stone Mining and Quarrying 1
Direct Life Insurance Carriers 4
Direct Title Insurance Carriers 3
Directory and Mailing List Publishers 1
Discount Department Stores 5
Display Advertising 1
Document Preparation Services 4
Drinking Places (Alcoholic Beverages) 39
Drywall and Insulation Contractors 10
Educational Support Services 1
Electric Power Distribution 1
Electrical Contractors 28
Electronic Shopping 3
Elementary and Secondary Schools 8
Employment Placement Agencies 1
Engineering Services 22
Environmental Consulting Services 1
Exam Preparation and Tutoring 3
Exterminating and Pest Control Services 2
Facilities Support Services 4
Family Clothing Stores 13
Family Planning Centers 2
Farm Management Services 1
Farm Supplies Merchant Wholesalers 2
Fine Arts Schools 1
Finish Carpentry Contractors 9
Fish and Seafood Markets 1
Fitness and Recreational Sports Centers 13
Floor Covering Stores 9
Flooring Contractors 1
Florists 16
Food (Health) Supplement Stores 5
Food Service Contractors 11
Footwear Merchant Wholesalers 1
Formal Wear and Costume Rental 2
Framing Contractors 5
Freight Transportation Arrangement 4
Fruit and Vegetable Canning 2
Fruit and Vegetable Markets 3
Full-Service Restaurants 65
Funeral Homes and Funeral Services 13
Furniture Merchant Wholesalers 1
Furniture Stores 16
General Automotive Repair 37
General Freight Trucking, Local 10
General Medical and Surgical Hospitals 6
General Rental Centers 3
General Warehousing and Storage 6
Gift, Novelty, and Souvenir Stores 19
Glass and Glazing Contractors 3
Golf Courses and Country Clubs 9
Grantmaking Foundations 5
Graphic Design Services 3
Hardware Merchant Wholesalers 3
Hardware Stores 6
Heating Oil Dealers 1
Hobby, Toy, and Game Stores 8
Home Centers 5
Home Furnishing Merchant Wholesalers 3
Home Health Care Services 13
Home Health Equipment Rental 3
Homes for the Elderly 12
Household Appliance Stores 6
Human Rights Organizations 1
Industrial Design Services 1
Industrial Gas Manufacturing 1
Industrial Launderers 3
Industrial Mold Manufacturing 1
Industrial Pattern Manufacturing 2
Institutional Furniture Manufacturing 2
Insurance Agencies and Brokerages 64
Internet Publishing and Broadcasting 1
Internet Service Providers 2
Investigation Services 5
Investment Advice 6
Iron Foundries 3
Janitorial Services 19
Jewelry Stores 24
Junior Colleges 1
Land Subdivision 1
Landscaping Services 47
Lessors of Other Real Estate Property 6
Libraries and Archives 2
Limited-Service Restaurants 97
Local Messengers and Local Delivery 6
Locksmiths 3
Machine Shops 18
Manufactured (Mobile) Home Dealers 2
Marinas 1
Marketing Consulting Services 5
Masonry Contractors 6
Meat Markets 2
Medical Laboratories 4
Medicinal and Botanical Manufacturing 1
Men's Clothing Stores 5
Metal Heat Treating 3
Metal Window and Door Manufacturing 2
Mobile Food Services 1
Mortgage and Nonmortgage Loan Brokers 1
Motion Picture and Video Production 1
Motor Home Manufacturing 1
Motor Vehicle Metal Stamping 2
Motor Vehicle Towing 3
Motorcycle Dealers 2
Museums 3
Musical Groups and Artists 2
Musical Instrument and Supplies Stores 2
Nail Salons 2
New Car Dealers 11
New Housing Operative Builders 7
Newspaper Publishers 4
Nonresidential Property Managers 1
Nursing Care Facilities 8
Office Administrative Services 7
Office Equipment Merchant Wholesalers 4
Office Supplies and Stationery Stores 7
Offices of Bank Holding Companies 3
Offices of Certified Public Accountants 22
Offices of Chiropractors 6
Offices of Dentists 80
Offices of Lawyers 90
Offices of Optometrists 9
Offices of Other Holding Companies 1
Offices of Podiatrists 4
Offices of Real Estate Appraisers 8
Optical Goods Stores 7
Outdoor Power Equipment Stores 3
Packaging and Labeling Services 1
Packing and Crating 1
Paging 1
Paint and Wallpaper Stores 7
Painting and Wall Covering Contractors 16
Paper Industry Machinery Manufacturing 1
Passenger Car Rental 2
Payroll Services 8
Pet and Pet Supplies Stores 2
Pet Care (except Veterinary) Services 6
Petroleum Bulk Stations and Terminals 1
Pharmacies and Drug Stores 21
Photography Studios, Portrait 14
Pipeline Transportation of Natural Gas 1
Plate Work Manufacturing 5
Portfolio Management 5
Precision Turned Product Manufacturing 1
Private Mail Centers 2
Professional Employer Organizations 17
Professional Organizations 2
Quick Printing 4
Racetracks 1
Radio Stations 4
Ready-Mix Concrete Manufacturing 3
Real Estate Credit 12
Recreational Vehicle Dealers 3
Remediation Services 2
Repossession Services 1
Residential Property Managers 8
Residential Remodelers 16
Retail Bakeries 6
Reupholstery and Furniture Repair 1
Roofing Contractors 8
Sales Financing 5
Savings Institutions 13
Securities Brokerage 19
Security Guards and Patrol Services 2
Septic Tank and Related Services 1
Sheet Metal Work Manufacturing 2
Shoe Stores 21
Siding Contractors 3
Sign Manufacturing 2
Site Preparation Contractors 12
Snack and Nonalcoholic Beverage Bars 14
Software Publishers 1
Solid Waste Collection 1
Sporting Goods Stores 13
Sports and Recreation Instruction 3
Steel Investment Foundries 1
Tax Preparation Services 11
Telecommunications Resellers 1
Telemarketing Bureaus 1
Telephone Answering Services 1
Television Broadcasting 2
Temporary Help Services 16
Temporary Shelters 5
Theater Companies and Dinner Theaters 1
Tire and Tube Merchant Wholesalers 1
Tire Dealers 13
Title Abstract and Settlement Offices 1
Tobacco Stores 4
Tortilla Manufacturing 1
Tradebinding and Related Work 1
Travel Agencies 5
Truss Manufacturing 2
Used Car Dealers 9
Used Household and Office Goods Moving 3
Used Merchandise Stores 4
Vending Machine Operators 5
Veterinary Services 9
Video Tape and Disc Rental 11
Vocational Rehabilitation Services 3
Voluntary Health Organizations 5
Warehouse Clubs and Supercenters 4
Wholesale Trade Agents and Brokers 9
Window Treatment Stores 1
Wired Telecommunications Carriers 17
Women's Clothing Stores 23
Wood Container and Pallet Manufacturing 1
Zoos and Botanical Gardens 1

Picking a Company Name

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.

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?

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 Saginaw, it's imperative that you check now that no other Michigan company is using the business name you want to use.

Forming a Company in Saginaw, Michigan

It's very important that your business is formed as a legal entity that is separate from its owners. Doing so will shield you from personal liability for business debts and obligations.

The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.

Incorporation is a very popular way to form a business. Of course, you have to decide which type of corporation to form and where to incorporate. If you are starting a business in Michigan, you don't necessarily have to incorporate in Michigan. In fact, you can incorporate in any state you would like to. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.

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 Incorporation Advice. You may also want to seek the advice of an lawyer. Finally, if you are starting a business in Saginaw, Michigan, our information on Incorporating in Michigan may be a useful resource if you decide to incorporate in Michigan.

Don't Forget to Create a Business Plan

Writing a business plan is essential to the health of your new business. In effect, a business plan is a written description of the future you envision for your business. Failure to write a business plan will greatly reduce your chances of business success.

To learn more about business plans, read Business Plan Contests. A great resource for business planning assistance is the face-to-face free consulting available from your local SCORE chapter in Michigan.

Selling Tips

Mastering the art of selling is essential if you want your new Saginaw business to do well.

The key to selling is to set sales goals goals and monitor your progress towards those goals. Let us help you refine your selling techniques through our many useful sales advice tips.

Hiring Good Sales People is worth reading, as it may give you some good ideas on how to sell your products or services. We have many more good articles on selling that you may enjoy reading.

How to Improve Your Entrepreneurial Abilities

Successful entrepreneurs recognize that what they know now may not be enough to ensure their future success.

As an entrepreneur who lives in Saginaw, Michigan, you will want to take advantage of the many programs available at nearby Michigan universities, colleges and community colleges. It's also smart to see if there are any Saginaw networking organizations.

Next Steps

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

Owning your own business will be a daunting task, but you can do it.

This site is all about helping entrepreneurs in Saginaw and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Saginaw, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Saginaw, Michigan

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

  • Resources for Saginaw, Michigan Entrepreneurs - Browse a variety of resources we've collected to assist Saginaw entrepreneurs.
  • Michigan Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Michigan.
  • Michigan Small Business Development Center - This organization supports 12 regional offices and over 30 satellite offices, each providing counseling and training to Michigan small business owners and entrepreneurs throughout the 83 counties in Michigan. Services to entrepreneurs are offered through a cooperative agreement with the U.S. Small Business Administration.
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Additional Resources for Entrepreneurs

Buying a Business

Writing a Business Plan

Raising Money

Incorporate

Small Business Marketing

Advertising Advice

Public Relations -

Customer Service Tips

Entrepreneurial Selling

Workplace Safety