Minnesota Business Startup Guides

Open a Business in Truman, Minnesota

Need help starting a business in Truman, Minnesota? We've got the information you need to open a business in Truman.

Truman, Minnesota Demographic Information

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

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

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 Truman Businesses

As a new Truman entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Truman 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
Beer, Wine, and Liquor Stores
Car Washes
Civic and Social Organizations
Electrical Contractors
Elementary and Secondary Schools
Farm Supplies Merchant Wholesalers
Freight Transportation Arrangement
Full-Service Restaurants
Insurance Agencies and Brokerages
Limited-Service Restaurants
Musical Groups and Artists
New Car Dealers
Newspaper Publishers
Nursing Care Facilities
Offices of Chiropractors
Offices of Dentists
Pet and Pet Supplies Stores
Ready-Mix Concrete Manufacturing
Residential Remodelers
Roofing Contractors
School and Employee Bus Transportation
Site Preparation Contractors
Snack and Nonalcoholic Beverage Bars

Don't Forget to Create a Business Plan

Writing a business plan is critical in maximizing the prospects of your new company. Indeed, your business plan is your game plan for how you hope to grow your business. Failure to write a business plan will greatly reduce your chances of business success.

If you want more information on writing business plans, we recommend reading Business Plan Software. You can also get face-to-face free consulting available from your local SCORE chapter in Minnesota.

Startup Financing Basics

Obtaining startup financing for your Truman business is a difficult chore. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.

The good news is this site contains dozens of articles on raising money, including one we recommend entitled Getting a Small Business Loan.

For Truman entrepreneurs on the hunt for startup funding, check out our List of Minnesota Angel Investors and our List of Minnesota Venture Capital Firms.

Letting the World Know You Exist

To grow your Truman business, you'll need to have a good marketing plan.

We have some excellent resources on this site for entrepreneurs who are working on marketing plans. Advertising on Google is a good read to get your marketing juices flowing. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.

Bring in Revenues

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

Good selling involves demonstrating that your wares meet your customer's needs. Fortunately, we've got plenty of good advice to help you improve your selling skills.

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

Advancing Your Entrepreneurial Skills

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

With your business being located in Truman, Minnesota, you should investigate some of the learning programs at local Minnesota educational institutions. Another way to keep up on your entrepreneurial education is to investigate Truman networking organizations.

What's Next?

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

From this point on, you control your own destiny.

We are here to help Truman businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Truman, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Truman, Minnesota

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

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