Ohio Business Startup Guides

Starting a Business in Versailles, Ohio

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

Will You Be a Good Entrepreneur?

Before announcing to the world that you are going to start your own business, assess your entrepreneurial instincts and capabilities.

Here are three things we recommend you do before you fully commit to starting a new business of your own.

  • Talk to other entrepreneurs in Versailles. They are usually very willing to share their insights on the ups and downs of being an entrepreneur.
  • We recommend reading Characteristics of Successful Entrepreneurs. For aspiring new entrepreneurs, it's a must read article.
  • Seek the advice of somebody who knows you well. Others sometimes know you better than you know yourself.

What Business Are You Starting?

There are many businesses that you can start. How do you know which type of business is right for you? To stir your creative juices on what kind of business to start, take a look at 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 Opening a Carbide Metals & Products Business guide or our How to Start an Infrared Spectroscopy Testing Laboratories Business guide.

Remember that you are starting a business in Versailles. The business you want to start may already be well-represented in Versailles. Don't forget to review Versailles demographics to see if there's a market for what you want to sell.

Versailles, Ohio Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
1242
5-9 Employees
702
10-19 Employees
342
20-49 Employees
234
50-99 Employees
36
100-249 Employees
36
250-499 Employees
0
500-999 Employees
18
1000+ Employees
0
All Versailles Businesses
2610

As a new Versailles entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Versailles 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
Ambulance Services
1
Animal (except Poultry) Slaughtering
1
Automotive Parts and Accessories Stores
1
Beauty Salons
2
Beer and Ale Merchant Wholesalers
1
Beer, Wine, and Liquor Stores
1
Bowling Centers
1
Child Day Care Services
1
Civic and Social Organizations
1
Commercial Lithographic Printing
1
Consumer Lending
1
Convenience Stores
1
Drafting Services
1
Drinking Places (Alcoholic Beverages)
2
Electrical Contractors
2
Fertilizer (Mixing Only) Manufacturing
1
Fitness and Recreational Sports Centers
2
Floor Covering Stores
2
Florists
1
Full-Service Restaurants
4
General Automotive Repair
3
General Warehousing and Storage
1
Gift, Novelty, and Souvenir Stores
2
Graphic Design Services
1
Hardware Stores
1
Industrial Building Construction
1
Insurance Agencies and Brokerages
3
Interior Design Services
1
Limited-Service Restaurants
1
Livestock Merchant Wholesalers
1
Machine Shops
2
Marketing Consulting Services
1
Masonry Contractors
1
Motorcycle Dealers
1
Newspaper Publishers
1
Offices of Certified Public Accountants
1
Offices of Lawyers
1
Offices of Optometrists
1
Optical Goods Stores
1
Painting and Wall Covering Contractors
1
Plate Work Manufacturing
1
Portfolio Management
1
Retail Bakeries
1
Reupholstery and Furniture Repair
1
Roofing Contractors
1
Savings Institutions
1
Siding Contractors
1
Site Preparation Contractors
1
Snack and Nonalcoholic Beverage Bars
1
Tax Preparation Services
1
Tobacco Stores
1
Veterinary Services
1
Wood Container and Pallet Manufacturing
3

Should You Franchise?

As you drive around Versailles, you'll notice that many local entrepreneurs have gone the franchising route. 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 The Disadvantages of Franchise Ownership. Become a franchising expert of sorts by reading more of our Articles on Franchising.

You can find franchise opportunities by browsing our Franchise Opportunities Directory.

Sample franchise opportunities include Big Picture Framing and Doubletree. Alternatively, you can browse franchise categories, such as Car Wash Franchises and Healthy Alternative Foods Franchises.

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

Should You Buy an Existing Versailles Business?

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

If you are headed down the path of buying a business, you may want to read this article: How to Buy a Business.

Ramping Up Sales

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

Why should customers buy from you instead of buying from competitors? The good news is we can help you to make selling a big competitve advantage for your new firm.

Tips on Customer Referrals 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.

Advancing Your Entrepreneurial Skills

Successful business owners recognize that they need to continually improve.

As an entrepreneur who lives in Versailles, Ohio, you will want to take advantage of the many programs available at nearby Ohio universities, colleges and community colleges. It's also smart to see if there are any networking groups or organizations in which Versailles entrepreneurs get together to network and trade their business experiences.

What's Next?

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

From this point on, you control your own destiny.

Our goal here is to promote the vitality and growth of small businesses in Versailles and throughout the United States . We believe entrepreneurship is an amazing engine for job creation in Versailles, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Versailles, Ohio

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

  • Resources for Versailles, Ohio Entrepreneurs - Browse a variety of resources we've collected to assist Versailles entrepreneurs.
  • Ohio Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Ohio.
  • Ohio Small Business Development Center - Whether you're starting your business, expanding your business, or just looking to stay in business, the Small Business Development Centers of Ohio (SBDCs of Ohio) can help with professional guidance by connecting you with research, financing sources, and training opportunities.

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