Iowa Business Startup Guides

Start a Business in Thompson, Iowa

Are you starting a business in Thompson, Iowa? This article discusses the most important things to consider when opening a business in Thompson.

What Type of Business Should You Start?

Choosing a business that is right for you is very important. To help you decide on a business type, we encourage you to read Business Ideas That Don't Make Sense.

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 Opening a Convenience Store Delicatessens Business guide or our How to Start a Fish Hatcheries Business guide.

Don't forget that Thompson is the place where you are starting a business. Some businesses will do better in Thompson than others. A critical consideration is whether Thompson demographics mesh well with your startup concept.

Thompson, Iowa Demographic Information

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

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

Business Size
# of
1-4 Employees
5-9 Employees
10-19 Employees
20-49 Employees
50-99 Employees
100-249 Employees
250-499 Employees
500-999 Employees
1000+ Employees
All Thompson Businesses

As a new Thompson entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Thompson 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
Automotive Parts and Accessories Stores
Business Associations
Child Day Care Services
Community Food Services
Drywall and Insulation Contractors
Electric Power Distribution
Farm Supplies Merchant Wholesalers
General Automotive Repair
Savings Institutions
Site Preparation Contractors

Is a Franchise Opportunity Right For You?

As you drive around Thompson, it's apparent that franchising has become a very popular way to start a business. But is franchising the right option for you?

Our advice is to consider franchising as an option. We have many articles on franchises, such as Franchise Tradeshows. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.

To learn about specific franchise opportunities, check out our Franchise Directory.

Sample franchise opportunities include Spot-Not Car Washes and House Doctors Handyman Service. Alternatively, you can browse franchise categories, such as Telecommunications Franchises and IT Training Franchises.

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

Where to Get Money to Start a Company

Getting your Thompson 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.

To learn about raising money, we recommend you read the fundraising articles on our site, such as Business Incubators.

For Thompson entrepreneurs in need of startup financing, check out our List of Iowa Angel Investors and our List of Iowa Venture Capital Firms.

Marketing Your New Business

To rise above the crowd in Thompson and grow your business, you need a great marketing plan.

We have some helpful resources on this site for entrepreneurs who are working on marketing plans. How to Market to Accountants and CPAs is an article that will stimulate a few thoughts on your marketing plan. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.

Learning More About Entrepreneurship

The best entrepreneurs know that what they know now may not be enough to ensure their future success.

Given that you are starting a business in Thompson, Iowa, you will want to take advantage of the learning programs at local Iowa educational institutions. It's also beneficial to see if there are any networking groups or organizations in which Thompson entrepreneurs get together to network and trade their business experiences.

Never Give Up

As an entrepreneur in Thompson, 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 Thompson businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Thompson, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Thompson, Iowa

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

  • Resources for Thompson, Iowa Entrepreneurs - Browse a variety of resources we've collected to assist Thompson entrepreneurs.
  • Iowa Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Iowa.
  • Iowa Small Business Development Center - The Iowa SBDC conducts research, counsels, and trains business people in management, financing, and operating small businesses. They provide comprehensive information services and access to experts in a variety of fields. This is a great resource for Iowa entrepreneurs!

Starting-a-Business Guides for Other Cities in Iowa

Starting a Business in Tama
Starting a Business in Thornton

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



Share this article

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary