Montana Business Startup Guides
Starting a Business in Stevensville, Montana
Thinking about starting a business in Stevensville, Montana? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Stevensville.
Do You Have What It Takes?
Before announcing to the world that you are going to start your own business, consider your entrepreneurial instincts and capabilities.
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:
- Speak with other entrepreneurs in Stevensville. Get their candid feedback on what it takes to start a successful business.
- You should read Business Failure. It's a good read for those who are thinking about becoming an entrepreneur.
- Involve a spouse, family member or trusted friend in the decision. 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.
Stevensville, Montana Demographic Information
Stevensville has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Stevensville demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Stevensville.
As a new Stevensville entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Stevensville 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.
Is Franchising a Better Option?
As you drive around Stevensville, you'll notice that many local entrepreneurs have gone the franchising route. Should you be giving franchising serious consideration?
Our advice is to investigate buying a franchise. We have many articles on franchises, such as Evaluating Franchise Opportunities. Get a thorough education on franchising by browsing all of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Note on Stevensville Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Stevensville.
Don't Forget to Create a Business Plan
A business plan is essential in laying a solid foundation for your business success. Simply put, a business plan is a written description of the future you envision for your business. Not having a business plan is a recipe for disaster.
If you want more information on writing business plans, we recommend reading Business Plan Outsourcing. You can also get face-to-face free consulting available from your local SCORE chapter in Montana.
Startup Financing Basics
Finding the funds to fuel the growth of your Stevensville business requires strong organization skills and perseverance. The reality is that there is very little funding available for new small businesses, and you have to explore every possible alternative.
To learn about raising money, we recommend you read the fundraising articles on our site, such as Only Idiots Send Venture Capitalists Business Plans.
Ramping Up Sales
Being able to sell is critical to your business success. Whether you are focused on selling local customers in Stevensville or are selling to customers throughout Montana, the United States or even the world, you have to be able to sell.
Good selling involves demonstrating that your wares meet your customer's needs. The good news is we can help you to make selling a big competitve advantage for your new firm.
Advancing Your Entrepreneurial Skills
The best business owners recognize that they don't know everything.
As an entrepreneur who lives in Stevensville, Montana, you will want to take advantage of the many programs available at nearby Montana universities, colleges and community colleges. We also suggest you look into networking organizations for Stevensville entrepreneurs.
Now It's Up To You
You have a dream -- starting a business in Stevensville. To achieve your dream, you have to persevere, even when the odds are against you.
If you choose the right business and love what you do, you will greatly increase your odds of success.
We are here to help Stevensville businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Stevensville, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Stevensville, Montana
Here are more links that we believe will help you be successful in starting a business in Stevensville.
- Resources for Stevensville, Montana Entrepreneurs - Browse a variety of resources we've collected to assist Stevensville entrepreneurs.
- Montana Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Montana.
- Montana Small Business Development Center - The Montana Small Business Development Centers focus on the creation, retention and expansion of Montana small businesses.
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