August 12, 2020  
 
  Entrepreneurial Resources - Advice for California Entrepreneurs  
  Sun Valley, California Resources for Entrepreneurs  
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Starting a Business in Sun Valley, California

Thinking about starting a business in Sun Valley, California? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Sun Valley.

Do You Have Entrepreneurial Drive and Passion?

Before you get too far along in the process, consider your entrepreneurial instincts and capabilities.

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 Valley. Get their candid feedback on what it takes to start a successful business.
  • Peruse Characteristics of Successful Entrepreneurs. This is one of our more popular articles for folks who want to go into business for themselves.
  • Seek the advice of somebody who knows you well. 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.

Choosing the Right Company to Start

There are many businesses that you can start. How do you know which type of business is right for you? If you are struggling with what type of business to start, read How to Evaluate a Business Idea.

For step-by-step instructions on starting a variety of business types, visit the Good Businesses to Start section of our site. For example, you might be interested in our Starting a Dance Club guide or our Starting a Tatoo Parlor guide.

Remember that starting a business in Sun Valley has some implications. Some businesses will do better in Sun Valley than others. Don't forget to review Sun Valley demographics to see if there's a market for what you want to sell.

Sun Valley, California Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 7472
5-9 Employees 2836
10-19 Employees 2216
20-49 Employees 1980
50-99 Employees 696
100-249 Employees 324
250-499 Employees 48
500-999 Employees 24
1000+ Employees 0
All Sun Valley Businesses 15596

As a new Sun Valley entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Sun Valley 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
Adhesive Manufacturing 1
Advertising Agencies 1
Aircraft Manufacturing 1
Aluminum Die-Casting Foundries 3
Aluminum Foundries (except Die-Casting) 1
Animal (except Poultry) Slaughtering 1
Appliance Repair and Maintenance 1
Architectural Services 1
Automotive Glass Replacement Shops 6
Automotive Parts and Accessories Stores 29
Automotive Transmission Repair 1
Baked Goods Stores 1
Beauty Salons 2
Beer and Ale Merchant Wholesalers 1
Beer, Wine, and Liquor Stores 7
Book Publishers 1
Broadwoven Fabric Mills 2
Building Inspection Services 1
Business Associations 1
Cafeterias 2
Cane Sugar Refining 1
Canvas and Related Product Mills 1
Car Washes 5
Carpet and Upholstery Cleaning Services 1
Caterers 2
Child Day Care Services 8
Civic and Social Organizations 3
Clothing Accessories Stores 2
Coin-Operated Laundries and Drycleaners 2
Commercial Bakeries 1
Commercial Lithographic Printing 7
Commercial Photography 1
Commercial Screen Printing 3
Computer Systems Design Services 1
Concrete Block and Brick Manufacturing 2
Confectionery Merchant Wholesalers 1
Construction Sand and Gravel Mining 1
Continuing Care Retirement Communities 1
Convenience Stores 1
Copper Foundries (except Die-Casting) 1
Couriers 5
Court Reporting and Stenotype Services 1
Credit Unions 1
Curtain and Drapery Mills 1
Custom Computer Programming Services 2
Custom Roll Forming 1
Diet and Weight Reducing Centers 1
Direct Mail Advertising 2
Direct Title Insurance Carriers 3
Display Advertising 1
Dog and Cat Food Manufacturing 1
Drinking Places (Alcoholic Beverages) 6
Drywall and Insulation Contractors 6
Educational Support Services 3
Electrical Contractors 16
Electronic Shopping 2
Elementary and Secondary Schools 2
Employment Placement Agencies 2
Engineering Services 5
Envelope Manufacturing 1
Exam Preparation and Tutoring 1
Exterminating and Pest Control Services 2
Facilities Support Services 2
Family Clothing Stores 2
Fertilizer (Mixing Only) Manufacturing 1
Fine Arts Schools 1
Finish Carpentry Contractors 5
Floor Covering Stores 3
Flooring Contractors 4
Florists 2
Food (Health) Supplement Stores 1
Food Product Machinery Manufacturing 1
Footwear Merchant Wholesalers 3
Formal Wear and Costume Rental 1
Fossil Fuel Electric Power Generation 1
Freight Transportation Arrangement 2
Fresh and Frozen Seafood Processing 1
Fruit and Vegetable Markets 1
Full-Service Restaurants 16
Funeral Homes and Funeral Services 1
Furniture Merchant Wholesalers 3
Furniture Stores 1
General Automotive Repair 18
General Freight Trucking, Local 5
General Medical and Surgical Hospitals 1
General Rental Centers 4
General Warehousing and Storage 3
Gift, Novelty, and Souvenir Stores 1
Glass and Glazing Contractors 1
Glass Container Manufacturing 1
Graphic Design Services 5
Gypsum Product Manufacturing 2
Hand and Edge Tool Manufacturing 3
Hardware Manufacturing 1
Hardware Merchant Wholesalers 2
Hardware Stores 1
Hazardous Waste Treatment and Disposal 2
Hobby, Toy, and Game Stores 3
Home Centers 1
Home Furnishing Merchant Wholesalers 6
Home Health Care Services 3
Industrial Launderers 1
Industrial Mold Manufacturing 1
Insurance Agencies and Brokerages 3
Interior Design Services 1
Investment Advice 1
Iron and Steel Forging 1
Iron Foundries 1
Janitorial Services 8
Jewelry Stores 2
Land Subdivision 3
Landscape Architectural Services 1
Landscaping Services 9
Limited-Service Restaurants 20
Limousine Service 1
Linen Supply 1
Local Messengers and Local Delivery 1
Luggage and Leather Goods Stores 1
Machine Shops 16
Mail-Order Houses 3
Marketing Consulting Services 3
Masonry Contractors 6
Meat Markets 1
Media Representatives 2
Medical Laboratories 1
Men's Clothing Stores 1
Metal Heat Treating 3
Mobile Food Services 1
Motion Picture and Video Distribution 1
Motion Picture and Video Production 6
Motor Vehicle Towing 3
Motorcycle Dealers 1
Musical Instrument Manufacturing 1
Nail Salons 5
New Car Dealers 2
Newspaper Publishers 1
Nonresidential Property Managers 2
Office Administrative Services 2
Offices of Certified Public Accountants 2
Offices of Chiropractors 2
Offices of Dentists 8
Offices of Lawyers 4
Offices of Optometrists 1
Offices of Other Holding Companies 3
Ophthalmic Goods Merchant Wholesalers 1
Outdoor Power Equipment Stores 1
Packaging and Labeling Services 3
Paint and Coating Manufacturing 3
Paint and Wallpaper Stores 1
Painting and Wall Covering Contractors 4
Parking Lots and Garages 1
Payroll Services 1
Perishable Prepared Food Manufacturing 1
Pet and Pet Supplies Stores 1
Pet Care (except Veterinary) Services 4
Petroleum Bulk Stations and Terminals 1
Pharmacies and Drug Stores 3
Photography Studios, Portrait 1
Plate Work Manufacturing 1
Polystyrene Foam Product Manufacturing 1
Portfolio Management 1
Powder Metallurgy Part Manufacturing 1
Power-Driven Handtool Manufacturing 1
Precision Turned Product Manufacturing 7
Printing Ink Manufacturing 1
Private Mail Centers 1
Professional Organizations 1
Quick Printing 2
Ready-Mix Concrete Manufacturing 4
Real Estate Investment Trusts 1
Recreational Goods Rental 2
Recreational Vehicle Dealers 1
Refrigerated Warehousing and Storage 1
Remediation Services 1
Residential Property Managers 4
Residential Remodelers 6
Retail Bakeries 1
Reupholstery and Furniture Repair 2
Roofing Contractors 6
Savings Institutions 2
Sawmills 1
School and Employee Bus Transportation 1
Securities Brokerage 1
Security Guards and Patrol Services 1
Septic Tank and Related Services 1
Sheet Metal Work Manufacturing 10
Shoe Stores 1
Sign Manufacturing 3
Site Preparation Contractors 11
Snack and Nonalcoholic Beverage Bars 3
Soap and Other Detergent Manufacturing 1
Solid Waste Collection 5
Solid Waste Landfill 4
Special Needs Transportation 1
Sports and Recreation Instruction 1
Spring (Light Gauge) Manufacturing 1
Tax Preparation Services 3
Testing Laboratories 3
Theater Companies and Dinner Theaters 1
Tile and Terrazzo Contractors 18
Tire and Tube Merchant Wholesalers 2
Tire Dealers 4
Title Abstract and Settlement Offices 1
Toilet Preparation Manufacturing 1
Travel Agencies 2
Used Car Dealers 11
Used Household and Office Goods Moving 4
Used Merchandise Stores 4
Vending Machine Operators 2
Veterinary Services 5
Video Tape and Disc Rental 2
Watch, Clock, and Part Manufacturing 1
Wholesale Trade Agents and Brokers 10
Wired Telecommunications Carriers 1
Women's Clothing Stores 6
Wood Window and Door Manufacturing 1

Is Franchising a Better Option?

As you drive around Sun Valley, you'll conclude that many business owners have opted to buy a franchise, rather than starting a business on their own. Is franchising maybe a better way for you to start your business?

We highly recommend you look into purchasing a franchise. We have many articles on franchises, such as Buying an Existing Franchise. Get a thorough education on franchising by browsing all of our Articles on Franchising.

You can review hundreds of franchise opportunities by browing our Franchise Directory.

Sample franchise opportunities include Subway Franchises and Starbucks Franchises. Alternatively, you can browse franchise categories, such as Accounting Franchises and Moving Franchises.

Note on Sun Valley Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Sun Valley.

What About Buying an Existing Sun Valley Business?

An excellent way to get started in business is to Buy a Business in California. Follow that link and you might discover several good businesses for sale in Sun Valley.

If you are headed down the path of buying a business, you may want to read this article: Hold Harmless Agreements When Buying Businesses.

Choosing a Company Name

Making the right decision when choosing a company name is very important. There are many decisions you'll make now that you can change later, but changing a company name years down the road is not very easy. So, choose a good company name at the outset.

Company names need to be easy to spell, easy to pronounce, and easy to remember.

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

On a final note, given that you are planning on starting a business in Sun Valley, it's very important that you make sure you will be the only California company using the business name you have chosen.

Company Formation in Sun Valley, California

A critical step is ensuring that you form your business as a legal structure. Without a legal structure for the business, you can be held personally liable for the actions, debts and obligations of your company.

The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.

Incorporation is a very popular way to form a business. Of course, you have to decide which type of corporation to form and where to incorporate. Just because you are starting a business in California, you don't necessarily have to incorporate in California. As it turns out, 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 Getting an EIN. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Sun Valley, California, our information on Incorporating in California may be a useful resource if you decide to incorporate in California.

Don't Forget to Create a Business Plan

A business plan is vital in maximizing the prospects of your new company. Simply put, a business plan describes what you plan to do with the business and how you plan to do it. Failure to write a business plan is a recipe for disaster.

Before you start writing a business plan, we suggest you skim Find Sample Business Plans Online. You can also get free counseling sessions provided by your local SCORE chapter in California.

Startup Financing Basics

Finding the funds to fuel the growth of your Sun Valley business requires strong organization skills and perseverance. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.

Take advantage of our many articles on securing funding, such as 504 Loans.

For Sun Valley entrepreneurs on the hunt for startup funding, you'll want to take a look at our List of California Angel Investors and our List of California Venture Capital Firms.

Marketing Your New Business

Whether your goal is to attract Sun Valley customers or you plan on selling elsewhere, having an excellent marketing plan is fundamental to your successs.

You can learn quite a bit about marketing on our site. How to Write a Marketing Plan is a good read to get your marketing ideas flowing. That's just a sampling of the many useful articles we have on Marketing a Small Business.

How to Sell

Being able to sell is essential to your business success. Whether you are focused on selling local customers in Sun Valley or are selling to customers throughout California, 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.

Hiring Good Sales People is worth reading, as it may give you some good ideas on how to sell your products or services. We have many more good articles on selling that you may enjoy reading.

Increase Your Entrepreneurial Knowledge

Successful entrepreneurs know that they don't know everything.

Given that you are starting a business in Sun Valley, California, you will want to take advantage of the many programs available at nearby California universities, colleges and community colleges. We also recommend you look into networking groups or organizations in which Sun Valley entrepreneurs get together to network and trade their business experiences.

Now It's Up To You

You have a dream -- starting a business in Sun Valley. To achieve your dream, you have to persevere, even when the odds are against you.

From this point on, you control your own destiny.

This site is all about helping entrepreneurs in Sun Valley 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 Sun Valley, California

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

 

 

Additional Resources for Entrepreneurs

Buying a Business

Writing a Business Plan

Raising Money

Incorporate

Small Business Marketing

Advertising Advice

Public Relations -

Customer Service Tips

Entrepreneurial Selling

Workplace Safety