August 8, 2020  
 
  Entrepreneurial Resources - Advice for Missouri Entrepreneurs  
  Seymour, Missouri Resources for Entrepreneurs  
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Start a Business in Seymour, Missouri

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

What Business Are You Starting?

Choosing a business that is right for you is very important. To stir your creative juices on what kind of business to start, take a look at How to Evaluate a Business Idea.

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 Opening a Hula Instruction Business guide or our Starting a Solar Energy Systems & Services Retail Business guide.

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

Seymour, Missouri Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 1575
5-9 Employees 399
10-19 Employees 147
20-49 Employees 63
50-99 Employees 21
100-249 Employees 0
250-499 Employees 21
500-999 Employees 0
1000+ Employees 0
All Seymour Businesses 2226

As a new Seymour entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Seymour 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
Animal (except Poultry) Slaughtering 1
Automotive Parts and Accessories Stores 2
Caterers 1
Child Day Care Services 1
Civic and Social Organizations 1
Community Food Services 1
Cosmetology and Barber Schools 1
Custom Computer Programming Services 1
Drywall and Insulation Contractors 1
Electrical Contractors 2
Electronic Shopping 1
Environmental Consulting Services 1
Finish Carpentry Contractors 2
Floor Covering Stores 1
Flooring Contractors 1
Florists 1
Framing Contractors 3
Freight Transportation Arrangement 1
Full-Service Restaurants 3
Funeral Homes and Funeral Services 1
General Automotive Repair 2
General Freight Trucking, Local 1
Hardware Stores 1
Home Centers 1
Home Furnishing Merchant Wholesalers 1
Industrial Building Construction 1
Insurance Agencies and Brokerages 3
Limited-Service Restaurants 4
Masonry Contractors 1
Mobile Food Services 1
New Housing Operative Builders 4
Newspaper Publishers 1
Nitrogenous Fertilizer Manufacturing 1
Offices of Certified Public Accountants 1
Offices of Dentists 1
Petroleum Bulk Stations and Terminals 1
Pharmacies and Drug Stores 1
Securities Brokerage 1
Site Preparation Contractors 1
Tire Dealers 2
Used Car Dealers 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.

We strongly advocate that you make sure the ".com" domain name is available for your company name. Every business needs a strong Web presence these days, and having a non ".com" domain means somebody else may outrank you in the search results for your own company name.

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

On a final note, given that you are opening a business in Seymour, it's critical that you ensure that no other Missouri company is using the business name you want to use.

Forming a Company in Seymour, Missouri

It's very important that your business is formed as a legal entity that is separate from its owners. Doing so will separate 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. If you are starting a business in Missouri, you don't necessarily have to incorporate in Missouri. As it turns out, 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 C Corp Versus S Corp. You may also want to seek the advice of an lawyer. Finally, if you are starting a business in Seymour, Missouri, our information on Incorporating in Missouri may be a useful resource if you decide to incorporate in Missouri.

Getting Money to Start a Business

Getting your Seymour business the capital it needs to succeed is a difficult chore. In fact, financing your new business may be the hardest challenge you ever face.

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

For Seymour entrepreneurs on the hunt for startup funding, check out our List of Missouri Angel Investors and our List of Missouri Venture Capital Firms.

Marketing Your New Business

Whether your goal is to attract Seymour customers or you plan on selling elsewhere, you'll need to have a good marketing plan.

We have some helpful resources on this site for entrepreneurs who are working on marketing plans. Advertising in Magazines is an article that will generate a few thoughts on your marketing plan. That's just a taste of the many useful articles we have on Marketing a Small Business.

Moving Forward

As an entrepreneur in Seymour, you won't be working for the boss anymore. You are the boss.

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

This site is all about helping entrepreneurs in Seymour and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Seymour 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 Seymour, Missouri

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

 

 

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