Arizona Business Startup Guides
Starting a Business in Sun Lakes, Arizona
Thinking about starting a business in Sun Lakes, Arizona? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Sun Lakes.
Is Becoming an Entrepreneur Right for You?
Being an entrepreneur is hard work, and can be orders of magnitude more strenuous than working as an employee. Are you sure you want to go into business for yourself?
While entrepreneurship has become a popular career choice, we recommend you do the following before you take the plunge:
- Reach out to other entrepreneurs in Sun Lakes. Get their take on what it's really like to be an entrepreneur.
- Peruse Should You Become an Entrepreneur?. This is one of our more popular articles for folks who want to go into business for themselves.
- Have a candid conversation with friends and family. That's the best way to get a truly objective assessment as to whether others think you have what it takes.
Is Franchising a Better Option?
Visit the business district of Sun Lakes and it's apparent that franchising has become a very popular way to start a business. Is franchising maybe a better way for you to start your business?
Our advice is to consider franchising as an option. We have many articles on franchises, such as Five Franchise Opportunities To Watch. 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.
Representative franchise opportunities include Rubio's Fresh Mexican Grill and Little Scoops. Alternatively, you can browse franchise categories, such as Video and Photography Franchises and Hardware Store Franchises.
Note on Sun Lakes Franchise Opportunities: To find out if a franchise you are interested in is available in Sun Lakes, you will need to get in direct contact with the franchisor.
Have You Considered Buying an Existing Sun Lakes Business?
An excellent way to get started in business is to Buy a Business in Arizona. Follow that link and you can assess several good businesses for sale in Sun Lakes.
If you are intent on buying a business, you may want to read this article: Buying a Business.
Company Formation in Sun Lakes, Arizona
It's very important that your business is formed as a legal entity that is separate from its owners. 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.
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 Arizona, it doesn't mean you are required to incorporate in Arizona. In fact, you can incorporate in any state you would like to. 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 Where to Incorporate. You should also consider getting professional assistance from your business lawyer. Finally, if you are starting a business in Sun Lakes, Arizona, our information on Incorporating in Arizona may be a useful resource if you decide to incorporate in Arizona.
Startup Financing Basics
Getting your Sun Lakes business the capital it needs to succeed 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.
Take advantage of our many articles on raising money, such as Business Credit Evaluation.
For Sun Lakes entrepreneurs who want to raise money for a new venture, check out our List of Arizona Angel Investors and our List of Arizona Venture Capital Firms.
Building Up Your Sales
Do you know how to sell? In order to attract customers to your new Sun Lakes business, you need to focus on sales.
The key to selling is to set sales goals goals and monitor your progress towards those goals. Let us help you refine your selling techniques through our many useful sales advice tips.
Tips on Customer Referrals is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.
As an entrepreneur in Sun Lakes, you won't be working for the boss anymore. You are the boss.
If you choose the right business and love what you do, you will greatly increase your odds of success.
Our goal here is to promote the vitality and growth of small businesses in Sun Lakes and throughout the United States . We want to be there for you to answer your business questions, whether you are a new Sun Lakes 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 Sun Lakes, Arizona
Here are more links that we believe will help you be successful in starting a business in Sun Lakes.
- Resources for Sun Lakes, Arizona Entrepreneurs - Browse a variety of resources we've collected to assist Sun Lakes entrepreneurs.
- Arizona Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Arizona.
- Arizona Small Business Development Center - Arizona’s Small Business Development Center Network is an innovative partnership between the state’s ten community college districts and the U.S. Small Business Administration. The network is the largest and most accessible source of assistance to Arizona businesses with fewer than 200 employees.
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