August 8, 2020  
 
  Entrepreneurial Resources - Advice for North Dakota Entrepreneurs  
  Walhalla, North Dakota Resources for Entrepreneurs  
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Start a Business in Walhalla, North Dakota

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

Walhalla, North Dakota Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 210
5-9 Employees 102
10-19 Employees 30
20-49 Employees 24
50-99 Employees 12
100-249 Employees 0
250-499 Employees 0
500-999 Employees 0
1000+ Employees 0
All Walhalla Businesses 378

As a new Walhalla entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Walhalla 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
Beer, Wine, and Liquor Stores 1
Business Associations 1
Cemeteries and Crematories 1
Child Day Care Services 1
Drinking Places (Alcoholic Beverages) 3
Electrical Contractors 1
Ethyl Alcohol Manufacturing 1
Farm Supplies Merchant Wholesalers 1
Florists 1
Framing Contractors 1
Full-Service Restaurants 2
Golf Courses and Country Clubs 1
Home Centers 1
Insurance Agencies and Brokerages 1
Limited-Service Restaurants 2
Masonry Contractors 2
Natural Gas Distribution 1
New Car Dealers 2
Newspaper Publishers 1
Nursing Care Facilities 1
Offices of Lawyers 1
Periodical Publishers 1
Petroleum Bulk Stations and Terminals 1
Pharmacies and Drug Stores 1
Plate Work Manufacturing 1
Retail Bakeries 1
Siding Contractors 1
Skiing Facilities 1
Testing Laboratories 1
Travel Trailer and Camper Manufacturing 1
Wholesale Trade Agents and Brokers 1

Make Sure You Have a Business Plan

Creating a business plan is essential to the health of your new business. In effect, a business plan describes what you plan to do with the business and how you plan to do it. Failure to write a business plan

To learn more about business plans, read Business Plan Contests. You should also take advantage of free business counselors available to you through your local SCORE chapter in North Dakota.

Getting Money to Start a Business

Getting your Walhalla business the capital it needs to succeed is a difficult chore. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.

The good news is this site contains dozens of articles on raising money, including one we recommend entitled 504 Loans.

For Walhalla entrepreneurs who need startup capital, we have assembled a List of North Dakota Angel Investors and our List of North Dakota Venture Capital Firms.

Getting the Word Out About Your New Venture

To rise above the crowd in Walhalla and build your business, having an excellent marketing plan is fundamental to your successs.

We have some helpful resources on this site for entrepreneurs who are working on marketing plans. Sponsoring Local Events is an article that will stimulate a few thoughts on your marketing plan. That's just a taste of the many useful articles we have on Marketing a Small Business.

The Art of Selling

Do you know how to sell? In order to attract customers to your new Walhalla business, you need to focus on sales.

Why should customers buy from you instead of buying from competitors? Let us help you refine your selling techniques through our many useful sales advice tips.

Sales Training 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

Successful entrepreneurs know that they don't know everything.

As an entrepreneur who lives in Walhalla, North Dakota, you will want to take advantage of the many programs available at nearby North Dakota universities, colleges and community colleges. It's also worthwhile to see if there are any Walhalla networking organizations.

Moving Forward

As an entrepreneur in Walhalla, you won't be working for the boss anymore. You are the boss.

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

This site is all about helping entrepreneurs in Walhalla and elsewhere to achieve real success. We have a wealth of experience in business start-ups, financing, marketing, sales and more...and we've made all of our knowledge available to you.

More Entrepreneurial Resources for Starting a Business in Walhalla, North Dakota

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

 

 

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