January 19, 2021  
 
  Entrepreneurial Resources - Advice for Florida Entrepreneurs  
  Santa Rosa Beach, Florida Resources for Entrepreneurs  
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Starting a Business in Santa Rosa Beach, Florida

Thinking about starting a business in Santa Rosa Beach, Florida? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Santa Rosa Beach.

Are You Sure You Want to Do This?

Running your own business is demanding, much harder than working as an employee. Are you positive you have the stamina and skills to succeed on your own?

Here are three things we recommend you do before you fully commit to starting a new business of your own.

  • Talk to other entrepreneurs in Santa Rosa Beach. Ask them candidly what it's like to run a business.
  • We recommend reading Should You Become an Entrepreneur?. For aspiring new entrepreneurs, it's a must read article.
  • Have a candid conversation with friends and family. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.

Which Business to Choose?

An important decision is what kind of business you want to start. You might get some good ideas about what kind of business to start by reading Business Ideas That Don't Make Sense.

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 Dance Club guide or our Starting a Tatoo Parlor guide.

Remember that starting a business in Santa Rosa Beach has some implications. Some businesses will do better in Santa Rosa Beach than others. A critical consideration is whether Santa Rosa Beach demographics mesh well with your startup concept.

As a new Santa Rosa Beach entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Santa Rosa Beach 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
Ambulance Services 1
Architectural Services 12
Art Dealers 4
Automobile Driving Schools 1
Automotive Glass Replacement Shops 1
Automotive Parts and Accessories Stores 2
Beauty Salons 3
Bed-and-Breakfast Inns 3
Beer, Wine, and Liquor Stores 1
Book Stores 1
Cable and Other Program Distribution 1
Carpet and Upholstery Cleaning Services 1
Caterers 5
Child and Youth Services 1
Child Day Care Services 1
Children's and Infants' Clothing Stores 2
Clothing Accessories Stores 1
Commercial Photography 1
Commercial Screen Printing 1
Computer and Software Stores 2
Convention and Visitors Bureaus 1
Curtain and Drapery Mills 1
Dental Laboratories 1
Diagnostic Imaging Centers 1
Drafting Services 1
Drinking Places (Alcoholic Beverages) 2
Drywall and Insulation Contractors 1
Electric Power Distribution 1
Electrical Contractors 4
Engineering Services 3
Environmental Consulting Services 1
Family Clothing Stores 2
Finish Carpentry Contractors 6
Fish and Seafood Markets 1
Floor Covering Stores 2
Flooring Contractors 1
Florists 3
Food (Health) Supplement Stores 1
Framing Contractors 6
Full-Service Restaurants 26
Furniture Stores 3
General Automotive Repair 1
General Freight Trucking, Local 1
Gift, Novelty, and Souvenir Stores 7
Glass and Glazing Contractors 1
Golf Courses and Country Clubs 1
Grantmaking Foundations 1
Graphic Design Services 2
Hardware Manufacturing 1
Hobby, Toy, and Game Stores 1
Home Furnishing Merchant Wholesalers 1
Household Appliance Stores 2
Industrial Design Services 1
Insurance Agencies and Brokerages 1
Interior Design Services 9
Investment Advice 1
Janitorial Services 4
Jewelry Stores 3
Land Subdivision 6
Landscape Architectural Services 2
Landscaping Services 15
Limited-Service Restaurants 12
Marketing Consulting Services 1
Masonry Contractors 2
Meat Markets 1
Men's Clothing Stores 2
Miscellaneous Intermediation 1
Mortgage and Nonmortgage Loan Brokers 1
Motion Picture and Video Production 2
Musical Groups and Artists 1
Nail Salons 1
New Housing Operative Builders 2
Newspaper Publishers 1
Nonresidential Property Managers 4
Office Administrative Services 2
Offices of Certified Public Accountants 1
Offices of Chiropractors 1
Offices of Dentists 5
Offices of Lawyers 9
Offices of Optometrists 1
Offices of Podiatrists 1
Offices of Real Estate Appraisers 3
Painting and Wall Covering Contractors 5
Pet and Pet Supplies Stores 1
Pet Care (except Veterinary) Services 2
Pharmacies and Drug Stores 2
Photography Studios, Portrait 2
Private Mail Centers 1
Radio Stations 1
Ready-Mix Concrete Manufacturing 1
Real Estate Credit 1
Recreational Goods Rental 7
Residential Property Managers 10
Residential Remodelers 9
Roofing Contractors 1
Securities Brokerage 2
Sewage Treatment Facilities 1
Sheet Metal Work Manufacturing 1
Site Preparation Contractors 4
Snack and Nonalcoholic Beverage Bars 3
Sporting Goods Stores 1
Sports and Recreation Instruction 1
Title Abstract and Settlement Offices 3
Used Household and Office Goods Moving 1
Used Merchandise Stores 2
Veterinary Services 3
Video Tape and Disc Rental 2
Web Search Portals 1
Wholesale Trade Agents and Brokers 4
Wired Telecommunications Carriers 1
Women's Clothing Stores 8

Is Franchising a Better Option?

As you drive around Santa Rosa Beach, 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 Franchising My Business. Get a thorough education on franchising by browsing all of our Articles on Franchising.

To learn about specific franchise opportunities, check out our Franchise Directory.

Sample franchise opportunities include Subway Franchises and Starbucks Franchises. Alternatively, you can browse franchise categories, such as Accounting Franchises and Moving Franchises.

Note on Santa Rosa Beach Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Santa Rosa Beach.

Have You Considered Buying an Existing Santa Rosa Beach Business?

If you have some capital to play with, you may want to Buy a Business in Florida. Follow that link and you may find several good businesses for sale in Santa Rosa Beach.

If you are headed down the path of buying a business, you may want to read this article: Hold Harmless Agreements When Buying Businesses.

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?

Numerous company naming issues are discussed in more detail in this article: Naming a Company.

On a final note, given that you are planning on starting a business in Santa Rosa Beach, it's critical that you ensure that no other Florida company is using the business name you want to use.

Forming a Company in Santa Rosa Beach, Florida

It's very important that your business is formed as a legal entity that is separate from its owners. Doing so will protect 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.

Incorporating is a very popular way to form a business. 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 Florida, you don't necessarily have to incorporate in Florida. 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 Avoiding Personal Liability in Business. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Santa Rosa Beach, Florida, our information on Incorporating in Florida may be a useful resource if you decide to incorporate in Florida.

Do You Need a Business Plan?

A business plan is vital to the health of your new business. Simply put, a business plan describes what you plan to do with the business and how you plan to do it. Failure to write a business plan is a recipe for disaster.

To learn more about business plans, read Business Plan Contests. You should also take advantage of free counseling sessions provided by your local SCORE chapter in Florida.

Startup Financing Basics

Getting your Santa Rosa Beach business the capital it needs to succeed requires strong organization skills and perseverance. The reality is that there is very little funding available for new small businesses, and you have to explore every possible alternative.

To learn about raising money, we recommend you read the fundraising articles on our site, such as 504 Loans.

For Santa Rosa Beach entrepreneurs on the hunt for startup funding, check out our List of Florida Angel Investors and our List of Florida Venture Capital Firms.

Getting the Word Out About Your New Business

To rise above the crowd in Santa Rosa Beach and build your business, having an excellent marketing plan is fundamental to your successs.

You can learn quite a bit about marketing on our site. Comparing Advertising to PR is an article that will stimulate a few thoughts on your marketing plan. That's just one of the many useful articles we have on Marketing a Small Business.

The Art of Selling

Do you know how to sell? In order to attract customers to your new Santa Rosa Beach business, you need to focus on sales.

The key to selling is to set sales goals goals and monitor your progress towards those goals. Fortunately, we've got plenty of good advice to help you improve your selling skills.

Writing Great Proposals 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 they don't know everything.

As an entrepreneur who lives in Santa Rosa Beach, Florida, you will want to take advantage of the many programs available at nearby Florida universities, colleges and community colleges. It's also wise to see if there are any networking organizations for Santa Rosa Beach entrepreneurs.

Next Steps

As an entrepreneur in Santa Rosa Beach, 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.

Our goal here is to promote the vitality and growth of small businesses in Santa Rosa Beach and throughout the United States . We believe entrepreneurship is an amazing engine for job creation in Santa Rosa Beach, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Santa Rosa Beach, Florida

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

  • Resources for Santa Rosa Beach, Florida Entrepreneurs - Browse a variety of resources we've collected to assist Santa Rosa Beach entrepreneurs.
  • Florida Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Florida.
  • Florida Small Business Development Center - The Florida Small Business Development Center Network (FSBDCN) is a statewide economic development partnership between higher education and other stakeholder organizations dedicated to providing entrepreneurs and established businesses with the assistance needed to start, grow and succeed, contributing to the Florida economy.
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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