Oregon Business Startup Guides
Start a Business in Sisters, Oregon
Are you starting a business in Sisters, Oregon? This article discusses the most important things to consider when opening a business in Sisters.
Are You Ready for the Challenges of Being an Entrepreneur?
Most new businesses do not succeed, in part because the founder did not have the perseverance and abilities that are necessary to succeed. So, before jumping into the world of entrepreneurship, consider all of the implications of being an entrepreneur.
Because entrepreneurship is not for everyone, we recommend you do the following to help you assess whether you should move forward with starting a business:
- Talk to other entrepreneurs in Sisters. Listen closely to their experiences and see if you think you too can be successful.
- 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. Ask them directly: Do I have what it takes to be an entrepreneur? Listen carefully to their answer, as they presumably know your strengths and weaknesses.
What Business to Start
An important decision is what kind of business you want to start. If you are struggling with what type of business to start, read 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 How to Start a Concrete Mixers Business guide or our Starting a Rotogravure Printing Business guide.
Remember that you are starting a business in Sisters. Some businesses will do better in Sisters than others. Only by spending some time analyzing Sisters demographics can you decide if there will be strong demand for your business idea.
Sisters, Oregon Demographic Information
Sisters has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Sisters demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Sisters.
As a new Sisters entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Sisters 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.
Forming a Company in Sisters, Oregon
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 Oregon, you don't necessarily have to incorporate in Oregon. In fact, you can 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 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 Dissolving a Corporation. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Sisters, Oregon, our information on Incorporating in Oregon may be a useful resource if you decide to incorporate in Oregon.
The Role of the Business Plan
A business plan is vital to the health of your new business. Simply put, a business plan is a written description of the future you envision for your business. Failure to write a business plan is a recipe for disaster.
Before you start writing a business plan, we suggest you skim Business Plan Contests. A great resource for business planning assistance is the face-to-face free consulting available from your local SCORE chapter in Oregon.
Raising Capital for Your Company
Getting your Sisters business the capital it needs to succeed is not an easy task. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.
Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled 504 Loans.
Mastering the art of selling is essential if you want your new Sisters business to do well.
Why should customers buy from you instead of buying from competitors? Let us help you refine your selling techniques through our many useful sales advice tips.
Never Give Up
Most new Sisters businesses underestimate the number of challenges they will face.
If you choose the right business and love what you do, you will greatly increase your odds of success.
This site is all about helping entrepreneurs in Sisters and elsewhere to achieve real success. 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 Sisters, Oregon
Here are more links that we believe will help you be successful in starting a business in Sisters.
- Resources for Sisters, Oregon Entrepreneurs - Browse a variety of resources we've collected to assist Sisters entrepreneurs.
- Oregon Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Oregon.
- Oregon Small Business Development Center - Oregon Small Business Development Centers use a client-centered approach to deliver counseling, training, information and technical assistance in all aspects of small business management. There is no fee for their assistance.
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