Minnesota Business Startup Guides

Starting a Business in Tyler, Minnesota

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

Tyler, Minnesota Demographic Information

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

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

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 Tyler Businesses

As a new Tyler entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Tyler 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
Child Day Care Services
Drinking Places (Alcoholic Beverages)
Electric Power Distribution
Framing Contractors
Full-Service Restaurants
General Automotive Repair
General Freight Trucking, Local
General Medical and Surgical Hospitals
Golf Courses and Country Clubs
Heating Oil Dealers
Homes for the Elderly
Insurance Agencies and Brokerages
Limited-Service Restaurants
Masonry Contractors
Meat Markets
New Car Dealers
Offices of Dentists
Offices of Lawyers
Pharmacies and Drug Stores
School and Employee Bus Transportation
Securities Brokerage
Site Preparation Contractors
Veterinary Services
Wood Container and Pallet Manufacturing

Have You Considered Buying an Existing Tyler Business?

We've created a handy website page for those who want to Buy a Business in Minnesota. Follow that link and you might discover several good businesses for sale in Tyler.

If you are serious about buying a business, you may want to read this article: How to Buy a Business.

Forming a Company in Tyler, Minnesota

It's essential 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.

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 Minnesota, you don't necessarily have to incorporate in Minnesota. In fact, 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 should also consider getting professional assistance from your business lawyer. Finally, if you are starting a business in Tyler, Minnesota, our information on Incorporating in Minnesota may be a useful resource if you decide to incorporate in Minnesota.

Don't Skip the Business Plan

A business plan is critical in maximizing the prospects of your new company. In effect, a business plan is a written description of the future you envision for your business. Starting a business without a business plan is a recipe for disaster.

To learn more about business plans, read Reasons to Write a Business Plan. A great resource for business planning assistance is the face-to-face free consulting available from your local SCORE chapter in Minnesota.

Raising Money for Your New Venture

Getting your Tyler business the capital it needs to succeed is not an easy task. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.

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

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

Ramping Up Sales

Mastering the art of selling is priority one if you want your new Tyler business to do well.

Why should customers buy from you instead of buying from competitors? Fortunately, we've got plenty of good advice to help you improve your selling skills.

Hiring Telemarketing Firms to Generate Sales Leads 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.

Never Give Up

Most new Tyler businesses underestimate the number of challenges they will face.

From this point on, you control your own destiny.

Our goal here is to promote the vitality and growth of small businesses in Tyler and throughout the United States . We want to be there for you to answer your business questions, whether you are a new Tyler 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 Tyler, Minnesota

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

Starting-a-Business Guides for Other Cities in Minnesota

Starting a Business in Two Harbors
Starting a Business in Ulen

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



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