Georgia Business Startup Guides
Opening a Business in Statesboro, Georgia
Contemplating starting a business in Statesboro, Georgia? We walk you through the process of opening a business in Statesboro.
Statesboro, Georgia Demographic Information
Statesboro has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Statesboro demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Statesboro.
As a new Statesboro entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Statesboro 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.
Have You Considered Franchising?
Visit the business district of Statesboro and you'll see that franchises make up a large percentage of local businesses. Should you be giving franchising serious consideration?
Our advice is to consider franchising as an option. This site has dozens of articles on franchising, such as Multi-Unit Franchising. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Sample franchise opportunities include National Home Buyers Assistance and JEI Learning Centers. Alternatively, you can browse franchise categories, such as Video and DVD Rental Franchises and Child Photos and Portraits Franchises.
Note on Statesboro Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Statesboro.
Company Formation in Statesboro, Georgia
It's very important 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 common way to legally create a business entity. Of course, you have to decide which type of corporation to form and where to incorporate. Just because you are starting a business in Georgia, you don't necessarily have to incorporate in Georgia. 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's a lot to know about forming a company. To learn the basics of company formation, browse articles 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 Statesboro, Georgia, our information on Incorporating in Georgia may be a useful resource if you decide to incorporate in Georgia.
Don't Skip the Business Plan
Having a business plan is essential to the health of your new business. In effect, a business plan is a written description of the future you envision for your business. Not having a business plan makes you more prone to becoming a business failure statistic.
Raising Money for Your New Venture
Getting your Statesboro business the capital it needs to succeed is not an easy task. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.
Take advantage of our many articles on raising money, such as 504 Loans.
Marketing Your New Company
Whether your goal is to attract Statesboro customers or you plan on selling elsewhere, you'll need to have a good marketing plan.
You can learn plenty about marketing on our site. Yellow Pages Advertising Advice 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.
Advancing Your Entrepreneurial Skills
The best entrepreneurs know that what they know now may not be enough to ensure their future success.
Given that you are starting a business in Statesboro, Georgia, you will want to take advantage of the many programs available at nearby Georgia universities, colleges and community colleges. It's also smart to see if there are any Statesboro networking organizations.
Never Give Up
As an entrepreneur in Statesboro, 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.
Our goal here is to promote the vitality and growth of small businesses in Statesboro and throughout the United States . 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 Statesboro, Georgia
Here are more links that we believe will help you be successful in starting a business in Statesboro.
- Resources for Statesboro, Georgia Entrepreneurs - Browse a variety of resources we've collected to assist Statesboro entrepreneurs.
- Georgia Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Georgia.
- Georgia Small Business Development Center - The Georgia SBDC program helps Georgia entrepreneurs with developing business plans, providing financial analysis, identifying sources of capital, and assessing marketing strategies.
More Business Startup Guides for Georgia
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