May 29, 2020  
 
  Entrepreneurial Resources - Advice for Wisconsin Entrepreneurs  
  Viola, Wisconsin Resources for Entrepreneurs  
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Start a Business in Viola, Wisconsin

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

Viola, Wisconsin Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 378
5-9 Employees 147
10-19 Employees 21
20-49 Employees 21
50-99 Employees 0
100-249 Employees 0
250-499 Employees 21
500-999 Employees 0
1000+ Employees 0
All Viola Businesses 588

As a new Viola entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Viola 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
Beauty Salons 1
Construction Machinery Manufacturing 1
Drinking Places (Alcoholic Beverages) 2
Electrical Contractors 1
Full-Service Restaurants 1
General Freight Trucking, Local 1
Hardware Stores 1
Newspaper Publishers 1
Veterinary Services 1
Wholesale Trade Agents and Brokers 2

Selecting a Name For Your Venture

A big decision when starting a company is choosing a company name. Believe it or not, choosing a good company name can be a big contributor to your business success.

Pick a company name that isn't too generic. If you do a search engine search for your proposed name and a billion results come up, you may want to reconsider the name. It's much easier to come up in the search engines when your name is fairly unique.

For other considerations regarding naming a company, we recommend this article: Branding Advice.

There's one other important factor when naming a business. Since you are starting a business in Viola, it's very important that you make sure no other Wisconsin company is using the business name you want to use.

Company Formation in Viola, Wisconsin

It's essential that your business is formed as a legal entity that is separate from its owners. Among other things, forming a legal entity for the business limits your liabilities.

The entity you form can be a corporation, LLC, sole proprietorship, partnership or other structure.

Incorporating is a very common way to legally create a business entity. Of course, you have to decide which type of corporation to form and where to incorporate. Just because you are starting a business in Wisconsin, you don't necessarily have to incorporate in Wisconsin. As it turns out, you can incorporate wherever you want. For example, it's very popular to incorporate in Delaware, and incorporating in Nevada has become very trendy as well. Don't forget, though, that you will have to register as a foreign entity in all states that you do business in.

There's a lot to know about forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as C Corp Versus S Corp. You should also consider getting professional assistance from your business lawyer. Finally, if you are starting a business in Viola, Wisconsin, our information on Incorporating in Wisconsin may be a useful resource if you decide to incorporate in Wisconsin.

Do You Need a Business Plan?

Having a business plan is critical to the health of your new business. Indeed, a business plan is a written description of the future you envision for your business. Not having a business plan makes you more prone to becoming a business failure statistic.

To learn more about business plans, read Business Plan Contests. You can also get free counseling sessions provided by your local SCORE chapter in Wisconsin.

Startup Financing Basics

Getting your Viola business the capital it needs to succeed is very difficult due to the ongoing business credit crunch. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.

Take advantage of our many articles on securing funding, such as 504 Loans.

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

Marketing Your New Venture

To rise above the crowd in Viola and build your business, you need a solid marketing plan.

You can learn quite a bit about marketing on our site. Business Logo Design 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.

Moving Forward

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

Owning your own business will be a daunting task, but you can do it.

This site is all about helping entrepreneurs in Viola and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Viola, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Viola, Wisconsin

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

 

 

Additional Resources for Entrepreneurs

Buying a Business

Writing a Business Plan

Raising Money

Incorporate

Small Business Marketing

Advertising Advice

Public Relations -

Customer Service Tips

Entrepreneurial Selling

Workplace Safety