Oregon Business Startup Guides
Starting a Business in Tillamook, Oregon
Thinking about starting a business in Tillamook, Oregon? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Tillamook.
Tillamook, Oregon Demographic Information
Tillamook has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Tillamook demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Tillamook.
Businesses
As a new Tillamook entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Tillamook 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.
Businesses
What About Buying an Existing Tillamook Business?
We've created a handy website page for those who want to Buy a Business in Oregon. Follow that link and you can review several good businesses for sale in Tillamook.
Before buying a business, be sure to read this article: Hold Harmless Agreements When Buying Businesses.
Naming the Business
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.
Before you decide on a company name, run it by some prospective customers and see what they think. If they don't like it, it's probably a good idea to go back to the drawing board.
For other considerations regarding naming a company, we recommend this article: Naming a Business.
There's one other important factor when naming a business. Since you are opening a business in Tillamook, it's critical that you ensure that no other Oregon company is using the business name you want to use.
Forming a Company in Tillamook, Oregon
It's very important that you form your business as a legal structure. Doing so will shield you from personal liability for business debts and obligations.
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. If you are starting a business in Oregon, it doesn't mean you are required to incorporate in Oregon. As it turns out, you can 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. To learn the fundamentals of company formation, browse articles on our site, such as Dissolving a Corporation. You may also want to seek the advice of an lawyer. Finally, if you are starting a business in Tillamook, Oregon, our information on Incorporating in Oregon may be a useful resource if you decide to incorporate in Oregon.
The Role of the Business Plan
A business plan is essential in maximizing the prospects of your new company. Simply put, 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.
To learn more about business plans, read Business Plan Contests. You should also take advantage of free counseling sessions provided by your local SCORE chapter in Oregon.
Where to Get Money to Start a Company
Getting your Tillamook business the capital it needs to succeed requires strong organization skills and perseverance. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.
Take advantage of our many articles on raising capital, such as Borrowing Money from Friends and Family.
For Tillamook entrepreneurs with great ambition but a shortage of investment capital, you'll want to take a look at our List of Oregon Angel Investors and our List of Oregon Venture Capital Firms.
How to Improve Your Entrepreneurial Abilities
Successful business owners recognize that they need to continually improve.
Given that you are starting a business in Tillamook, Oregon, you will want to take advantage of the many programs available at nearby Oregon universities, colleges and community colleges. It's also smart to see if there are any Tillamook networking organizations.
Next Steps
As an entrepreneur in Tillamook, you won't be working for the boss anymore. You are the boss.
From this point on, you control your own destiny.
Our goal here is to promote the vitality and growth of small businesses in Tillamook and throughout the United States . We believe entrepreneurship is an amazing engine for job creation in Tillamook, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Tillamook, Oregon
Here are more links that we believe will help you be successful in starting a business in Tillamook.
- Resources for Tillamook, Oregon Entrepreneurs - Browse a variety of resources we've collected to assist Tillamook entrepreneurs.
- Oregon Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Oregon.
- Oregon Small Business Development Center - Oregon Small Business Development Centers use a client-centered approach to deliver counseling, training, information and technical assistance in all aspects of small business management. There is no fee for their assistance.
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