Colorado Business Startup Guides

Opening a Business in Stratton, Colorado

Contemplating starting a business in Stratton, Colorado? We walk you through the process of opening a business in Stratton.

Choosing the Right Company to Start

An important decision is what kind of business you want to start. To help you decide on a business type, we encourage you to read Good Business Ideas.

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 Calendars, Planners, & Organizers Business guide or our Starting an Educational Consulting Firm guide.

Always keep in mind that your new startup will be located in Stratton. The business you want to start may already be well-represented in Stratton. Don't forget to review Stratton demographics to see if there's a market for what you want to sell.

Stratton, Colorado Demographic Information

Stratton has an active business community that includes small businesses, mid-sized businesses and large businesses.

To give you a better feel for Stratton demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Stratton.

Business Size
# of
Businesses
1-4 Employees
153
5-9 Employees
54
10-19 Employees
27
20-49 Employees
27
50-99 Employees
0
100-249 Employees
0
250-499 Employees
0
500-999 Employees
0
1000+ Employees
0
All Stratton Businesses
261

As a new Stratton entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Stratton 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.

Business Type
# of
Businesses
Civic and Social Organizations
1
Family Clothing Stores
1
Farm Supplies Merchant Wholesalers
2
Framing Contractors
1
General Automotive Repair
1
Golf Courses and Country Clubs
1
Insurance Agencies and Brokerages
1
Limited-Service Restaurants
2
Livestock Merchant Wholesalers
1
Newspaper Publishers
1
Offices of Bank Holding Companies
1
Offices of Dentists
1
Site Preparation Contractors
1
Solid Waste Collection
1

Picking a Company Name

A big decision when starting a company is choosing a company name. Believe it or not, choosing a good company name can be a big contributor to your business success.

Company names should be fun to say, and they should help people to understand what you do and how you differentiate yourself in the market.

To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Business.

As a final piece of advice, remember that because you are opening a business in Stratton, it's very important that you make sure no other Colorado company is using the business name you want to use.

Don't Skip the Business Plan

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. Failure to write a business plan is a recipe for disaster.

If writing a business plan is on your to-do list, be sure to read Business Plan Contests. You can also get free business counselors available to you through your local SCORE chapter in Colorado.

How to Sell

Being able to sell is critical to your business success. Whether you are focused on selling local customers in Stratton or are selling to customers throughout Colorado, the United States or even the world, you have to be able to sell.

So what does it take to bring in more prospects and close more business? The good news is we can help you to make selling a big competitve advantage for your new firm.

Writing Great Proposals offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.

Increase Your Entrepreneurial Knowledge

Good business owners recognize that they don't know everything.

With your business being located in Stratton, Colorado, you will want to take advantage of the many programs available at nearby Colorado universities, colleges and community colleges. It's also worthwhile to see if there are any networking groups or organizations in which Stratton entrepreneurs get together to network and trade their business experiences.

What's Next?

You have a dream -- starting a business in Stratton. 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.

This site is all about helping entrepreneurs in Stratton 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 Stratton, Colorado

Here are more links that we believe will help you be successful in starting a business in Stratton.

Starting-a-Business Guides for Other Cities in Colorado

Starting a Business in Strasburg
Starting a Business in Telluride

Browse All Business Startup Guides for Colorado
Starting a Business Guides for Other States

 

 

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