South Carolina Business Startup Guides

Start a Business in Saint Matthews, South Carolina

Are you starting a business in Saint Matthews, South Carolina? This article discusses the most important things to consider when opening a business in Saint Matthews.

Saint Matthews, South Carolina Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
288
5-9 Employees
96
10-19 Employees
81
20-49 Employees
27
50-99 Employees
18
100-249 Employees
6
250-499 Employees
0
500-999 Employees
0
1000+ Employees
0
All Saint Matthews Businesses
516

As a new Saint Matthews entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Saint Matthews 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
Automotive Parts and Accessories Stores
1
Automotive Transmission Repair
3
Bed-and-Breakfast Inns
1
Beer, Wine, and Liquor Stores
2
Business Associations
2
Child Day Care Services
4
Children's and Infants' Clothing Stores
1
Convenience Stores
1
Credit Unions
2
Direct Life Insurance Carriers
1
Drywall and Insulation Contractors
1
Electric Power Distribution
2
Electrical Contractors
2
Elementary and Secondary Schools
1
Fine Arts Schools
1
Framing Contractors
1
Full-Service Restaurants
2
Furniture Stores
2
General Automotive Repair
2
Golf Courses and Country Clubs
2
Hardware Stores
1
Home Health Care Services
2
Home Health Equipment Rental
1
Homes for the Elderly
1
Household Appliance Stores
1
Insurance Agencies and Brokerages
3
Investigation Services
1
Kidney Dialysis Centers
1
Limited-Service Restaurants
5
Machine Shops
1
Nursing Care Facilities
1
Offices of Certified Public Accountants
1
Offices of Dentists
2
Offices of Lawyers
3
Periodical Publishers
1
Residential Remodelers
1
Roofing Contractors
1
Siding Contractors
1
Site Preparation Contractors
3
Support Activities for Forestry
1
Tire and Tube Merchant Wholesalers
1
Tire Dealers
2
Vocational Rehabilitation Services
1
Wired Telecommunications Carriers
1

Naming the Company

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.

As a final piece of advice, remember that because you are starting a business in Saint Matthews, it's imperative that you check now that no other South Carolina company is using the business name you want to use.

Forming a Company in Saint Matthews, South Carolina

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 South Carolina, it doesn't mean you are required to incorporate in South Carolina. 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 Company Formation. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Saint Matthews, South Carolina, our information on Incorporating in South Carolina may be a useful resource if you decide to incorporate in South Carolina.

Marketing Your New Startup

Whether your goal is to attract Saint Matthews customers or you plan on selling elsewhere, you need a excellent marketing plan.

There are myriad resources on this site to help you with your marketing plan. Comparing Advertising to PR discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. That's just a taste of the many useful articles we have on Marketing a Small Business.

Selling Tips

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

The key to selling is to set sales goals goals and monitor your progress towards those goals. The good news is we can help you to make selling a big competitve advantage for your new firm.

Selling on the Phone 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.

Increase Your Entrepreneurial Knowledge

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

Given that you are starting a business in Saint Matthews, South Carolina, you will want to take advantage of the many programs available at nearby South Carolina universities, colleges and community colleges. It's also worthwhile to see if there are any networking groups or organizations in which Saint Matthews entrepreneurs get together to network and trade their business experiences.

Moving Forward

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

From this point on, you control your own destiny.

We are here to help Saint Matthews businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Saint Matthews 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 Saint Matthews, South Carolina

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

Starting-a-Business Guides for Other Cities in South Carolina

Starting a Business in Saint George
Starting a Business in Saluda

Browse All Business Startup Guides for South Carolina
Starting a Business Guides for Other States

 

 

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