Are you starting a business in Sharon, Wisconsin? This article discusses the most important things to consider when opening a business in Sharon.
Do You Have What It Takes?
Before you get too far along in the process, assess your entrepreneurial instincts and capabilities.
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 Sharon. Get their candid feedback on what it takes to start a successful business.
- We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
- Get feedback from somebody whom you trust. A support network of family and friends can be a great sounding board for good advice before you decide for sure to go into business.
Sharon, Wisconsin Demographic Information
Sharon has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Sharon demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Sharon.
|Business Size||# of|
|All Sharon Businesses
As a new Sharon entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Sharon 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.
Child Day Care Services
Court Reporting and Stenotype Services
Drinking Places (Alcoholic Beverages)
Finish Carpentry Contractors
Insurance Agencies and Brokerages
Snack and Nonalcoholic Beverage Bars
Wired Telecommunications Carriers
Choosing a Business Name
A good company name can give a big boost to a new startup. It might seem like an easy thing to do, but there are many things to consider when naming a business.
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.
For other considerations regarding naming a company, we recommend this article: Branding Advice.
As a final piece of advice, remember that because you are starting a business in Sharon, it's very important that you make sure no other Wisconsin company is using the business name you want to use.
Company Formation in Sharon, Wisconsin
It's essential that you form your business as a legal structure. 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. Of course, you have to decide which type of corporation to form and where to incorporate. Just because you are starting a business in Wisconsin, you don't necessarily have to incorporate in Wisconsin. In fact, you are allowed to 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'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 Nevada Incorporation. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Sharon, Wisconsin, our information on Incorporating in Wisconsin may be a useful resource if you decide to incorporate in Wisconsin.
Marketing Your New Venture
To rise above the crowd in Sharon and build your business, you need a solid marketing plan.
You can learn plenty about marketing on our site. Technology Marketing 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.
Building Up Your Sales
Being able to sell is critical to your business success. Whether you are focused on selling local customers in Sharon or are selling to customers throughout Wisconsin, the United States or even the world, you have to be able to sell.
Not knowing how to sell can result in lost customers and minimal market share. Let us help you refine your selling techniques through our many useful sales advice tips.
Mastering the Complex Sale is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.
Now It's Up To You
You have a dream -- starting a business in Sharon. To achieve your dream, you have to persevere, even when the odds are against you.
From this point on, you control your own destiny.
We are here to help Sharon businesses to be successful. We have a wealth of experience in business start-ups, financing, marketing, sales and more...and we've made all of our knowledge available to you.
More Entrepreneurial Resources for Starting a Business in Sharon, Wisconsin
Here are more links that we believe will help you be successful in starting a business in Sharon.