Vermont Business Startup Guides
Start a Business in Stowe, Vermont
Are you starting a business in Stowe, Vermont? This article discusses the most important things to consider when opening a business in Stowe.
Stowe, Vermont Demographic Information
Stowe has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Stowe demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Stowe.
As a new Stowe entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Stowe 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?
Examine a list of Stowe businesses and you'll see that franchises make up a large percentage of local businesses. But is franchising the right option for you?
We highly recommend you evaluate the possibility of your buying a franchise opportunity. We have many articles on franchises, such as Opportunities in International Franchising. 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 Stowe Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Stowe.
Naming the Business
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.
Numerous company naming issues are discussed in more detail in this article: Naming a Company.
As a final piece of advice, remember that because you are opening a business in Stowe, it's critical that you ensure that no other Vermont company is using the business name you want to use.
Forming a Company in Stowe, Vermont
It's essential that you are forming a legal entity that operates independently from you. The principal advantage of forming your new business as a legal entity is that it separates your business liabilities from your personal liabilities.
The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporation is a very common way to legally create a business entity. 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. If you are starting a business in Vermont, you don't necessarily have to incorporate in Vermont. 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 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 Offshore Company Formation. You should also consider getting professional assistance from your business lawyer. Finally, if you are starting a business in Stowe, Vermont, our information on Incorporating in Vermont may be a useful resource if you decide to incorporate in Vermont.
Startup Financing Basics
Getting your Stowe business the capital it needs to succeed is not an easy task. In fact, financing your new business may be the hardest challenge you ever face.
Recognizing this challenge, this site contains dozens of articles on raising money, including one we recommend entitled Getting a Small Business Loan.
How to Sell
Do you know how to sell? In order to attract customers to your new Stowe business, you need to focus on sales.
Clever sales techniques can transform any business from good to great. Fortunately, we've got plenty of good advice to help you improve your selling skills.
As an entrepreneur in Stowe, you won't be working for the boss anymore. You are the boss.
From this point on, you control your own destiny.
We are here to help Stowe businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Stowe entrepreneur who is just getting started or you are already up and running with your new venture.
More Entrepreneurial Resources for Starting a Business in Stowe, Vermont
Here are more links that we believe will help you be successful in starting a business in Stowe.
- Resources for Stowe, Vermont Entrepreneurs - Browse a variety of resources we've collected to assist Stowe entrepreneurs.
- Vermont Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Vermont.
- Vermont Small Business Development Center - The mission of Vermont Small Business Development Centers is to strengthen existing business entities and assist start-ups with high-quality, no-cost counseling and affordable training programs.
Starting-a-Business Guides for Other Cities in Vermont
Share this article
Additional Resources for Entrepreneurs