Wisconsin Business Startup Guides
Open a Business in Stevens Point, Wisconsin
Need help starting a business in Stevens Point, Wisconsin? We've got the information you need to open a business in Stevens Point.
Stevens Point, Wisconsin Demographic Information
Stevens Point has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Stevens Point demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Stevens Point.
As a new Stevens Point entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Stevens Point 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.
Company Formation in Stevens Point, Wisconsin
It's very important that you choose the right legal structure for your new entity. Among other things, forming a legal entity for the business limits your liabilities.
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. A key decision is whether to form and S-Corp or a C-Corp, and you also must decide in which state you will 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 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 Why Incorporate in Delaware. You should also consider getting professional assistance from your business lawyer. Finally, if you are starting a business in Stevens Point, Wisconsin, our information on Incorporating in Wisconsin may be a useful resource if you decide to incorporate in Wisconsin.
Don't Forget to Create a Business Plan
A business plan is vital to the health of your new business. Indeed, your business plan is your game plan for how you hope to grow your business. Starting a business without a business plan is a recipe for disaster.
If you want more information on writing business plans, we recommend reading Business Plan Contests. You should also take advantage of face-to-face free consulting available from your local SCORE chapter in Wisconsin.
Promoting Your New Startup
To grow your Stevens Point business, you'll need to have a good marketing plan.
There are myriad resources on this site to help you with your marketing plan. Pricing and Positioning is an article that will stimulate a few thoughts on your marketing plan. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.
Building Up Your Sales
Do you know how to sell? In order to attract customers to your new Stevens Point business, you need to focus on sales.
So what does it take to bring in more prospects and close more business? Fortunately, we've got plenty of good advice to help you improve your selling skills.
Advancing Your Entrepreneurial Skills
The best entrepreneurs know that they need to continually improve.
With your business being located in Stevens Point, Wisconsin, you will want to take advantage of the learning programs at local Wisconsin educational institutions. It's also worthwhile to see if there are any Stevens Point networking organizations.
Now It's Up To You
As an entrepreneur in Stevens Point, 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 Stevens Point and throughout the United States . We believe entrepreneurship is an amazing engine for job creation in Stevens Point, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Stevens Point, Wisconsin
Here are more links that we believe will help you be successful in starting a business in Stevens Point.
- Resources for Stevens Point, Wisconsin Entrepreneurs - Browse a variety of resources we've collected to assist Stevens Point entrepreneurs.
- Wisconsin Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Wisconsin.
- Wisconsin Small Business Development Center - Wisconsin Small Business Development Centers offer a variety of educational services to small-businesses. The low-cost courses, seminars, and workshops cover both basic and complex topics, from marketing to management techniques to business plan development.
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