January 24, 2021  
 
  Entrepreneurial Resources - Advice for Montana Entrepreneurs  
  Seeley Lake, Montana Resources for Entrepreneurs  
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Start a Business in Seeley Lake, Montana

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

Seeley Lake, Montana Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 234
5-9 Employees 33
10-19 Employees 24
20-49 Employees 9
50-99 Employees 0
100-249 Employees 3
250-499 Employees 0
500-999 Employees 0
1000+ Employees 0
All Seeley Lake Businesses 303

As a new Seeley Lake entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Seeley 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.

Business Type # of
Businesses
Automotive Parts and Accessories Stores 3
Book Stores 1
Child Day Care Services 1
Convenience Stores 1
Convention and Visitors Bureaus 1
Electrical Contractors 2
Finish Carpentry Contractors 1
Flooring Contractors 1
Full-Service Restaurants 8
General Automotive Repair 1
General Freight Trucking, Local 1
Janitorial Services 1
Landscaping Services 3
Limited-Service Restaurants 1
Logging 5
Machine Shops 2
Mortgage and Nonmortgage Loan Brokers 1
Newspaper Publishers 1
Offices of Chiropractors 2
Offices of Lawyers 2
Pharmacies and Drug Stores 1
Professional Employer Organizations 1
Residential Property Managers 1
Sawmills 1
School and Employee Bus Transportation 1
Site Preparation Contractors 3
Snack and Nonalcoholic Beverage Bars 1
Software Publishers 1
Solid Waste Collection 1
Support Activities for Forestry 1
Tire Dealers 1
Tour Operators 1
Used Merchandise Stores 2

Is Franchising a Better Option?

As you drive around Seeley Lake, you'll notice that many local entrepreneurs have gone the franchising route. So, it probably makes sense for you to consider franchising too.

We highly recommend you evaluate the possibility of your buying a franchise opportunity. To help you learn more about franchising, we've gathered a ton of articles on franchising, including How Franchises Work. Get a thorough education on franchising by browsing all of our Articles on Franchising.

You can review hundreds of franchise opportunities by browing our Franchise Directory.

Representative franchise opportunities include Surf City Squeeze and Grease Monkey. Alternatively, you can browse franchise categories, such as Vending Franchises and Real Estate Franchises.

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

Company Formation in Seeley Lake, Montana

It's essential that your business is formed as a legal entity that is separate from its owners. Doing so will insulate 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. Of course, you have to decide which type of corporation to form and where to incorporate. Just because you are starting a business in Montana, you don't necessarily have to incorporate in Montana. As it turns out, you are allowed to incorporate wherever you want. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.

There's a lot to know about forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Subchapter S Corporations. You may also want to seek the advice of an lawyer. Finally, if you are starting a business in Seeley Lake, Montana, our information on Incorporating in Montana may be a useful resource if you decide to incorporate in Montana.

Marketing Your New Startup

To grow your Seeley Lake business, having an excellent marketing plan is fundamental to your successs.

We have some helpful resources on this site for entrepreneurs who are working on marketing plans. Creating a Web Presence is a good read to get your marketing juices flowing. That's just a sampling of the many useful articles we have on Marketing a Small Business.

The Art of Selling

Being able to sell is a key enabler to your business success. Whether you are focused on selling local customers in Seeley Lake or are selling to customers throughout Montana, the United States or even the world, you have to be able to sell.

Why should customers buy from you instead of buying from competitors? The good news is we can help you to make selling a big competitve advantage for your new firm.

Sales Training offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.

Advancing Your Entrepreneurial Skills

The best entrepreneurs know that they don't know everything.

With your business being located in Seeley Lake, Montana, you will want to take advantage of the many programs available at nearby Montana universities, colleges and community colleges. It's also worthwhile to see if there are any networking organizations for Seeley Lake entrepreneurs.

What's Next?

You have a dream -- starting a business in Seeley Lake. To achieve your dream, you have to persevere, even when the odds are against you.

From this point on, you control your own destiny.

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

More Entrepreneurial Resources for Starting a Business in Seeley Lake, Montana

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

 

 

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