North Carolina Business Startup Guides

Start a Business in Whitsett, North Carolina

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

Choosing the Right Company to Start

There are many businesses that you can start. How do you know which type of business is right for you? We recommend that you read Business Ideas That Don't Make Sense.

For in-depth how-to guides on how to start specific businesses, browse our Good Businesses to Start section of our site. For example, you might be interested in our Starting a Forensic Testing Laboratories Business guide or our How to Start a Retail Tire Business guide.

Remember that you are opening your new business in Whitsett. Some businesses will do better in Whitsett than others. Study Whitsett demographics and do a competitive analysis as part of your startup planning process.

Whitsett, North Carolina Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
144
5-9 Employees
36
10-19 Employees
30
20-49 Employees
9
50-99 Employees
18
100-249 Employees
21
250-499 Employees
6
500-999 Employees
0
1000+ Employees
0
All Whitsett Businesses
264

As a new Whitsett entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Whitsett 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
Business Associations
1
Car Washes
1
Child Day Care Services
1
Direct Mail Advertising
1
Fertilizer (Mixing Only) Manufacturing
1
Fruit and Vegetable Canning
1
Furniture Merchant Wholesalers
1
General Warehousing and Storage
1
Golf Courses and Country Clubs
2
Industrial Valve Manufacturing
1
Insurance Agencies and Brokerages
3
Janitorial Services
2
Landscaping Services
1
Limited-Service Restaurants
4
Masonry Contractors
1
Mattress Manufacturing
1
Mobile Food Services
1
New Housing Operative Builders
1
Nonwoven Fabric Mills
1
Packaging Machinery Manufacturing
1
Pharmacies and Drug Stores
1
Photography Studios, Portrait
1
Residential Remodelers
1
Sports and Recreation Instruction
1
Temporary Help Services
2
Veterinary Services
1
Women's Clothing Stores
1

Picking a Business Name

A good company name can give a big boost to a new startup. It might seem like an easy thing to do, but there are many things to consider when naming a business.

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.

To get up to speed on what makes for a good company name, we encourage you to read this useful article: Branding Advice.

There's one other important factor when naming a business. Since you are planning on starting a business in Whitsett, it's imperative that you check now that no North Carolina company has already registered the company name you have selected.

Do You Need a Business Plan?

A business plan is critical in laying a solid foundation for your business success. Indeed, a business plan describes what you plan to do with the business and how you plan to do it. Starting a business without a business plan is a recipe for disaster.

If you want more information on writing business plans, we recommend reading Free Business Plan Templates. A great resource for business planning assistance is the face-to-face free consulting available from your local SCORE chapter in North Carolina.

Raising Capital for Your Business

Obtaining startup financing for your Whitsett business 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.

To learn about raising money, we recommend you read the fundraising articles on our site, such as Getting a Small Business Loan.

For Whitsett entrepreneurs who need startup capital, check out our List of North Carolina Angel Investors and our List of North Carolina Venture Capital Firms.

Marketing Your New Business

Whether your goal is to attract Whitsett customers or you plan on selling elsewhere, you need a excellent marketing plan.

You can learn quite a bit about marketing on our site. Dealing with Angry Customers discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.

Building Up Your Sales

Mastering the art of selling is essential if you want your new Whitsett business to do well.

So what does it take to bring in more prospects and close more business? The good news is we can help you to make selling a big competitve advantage for your new firm.

Selling Products on eBay 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 Whitsett businesses underestimate the number of challenges they will face.

From this point on, you control your own destiny.

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

More Entrepreneurial Resources for Starting a Business in Whitsett, North Carolina

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

Starting-a-Business Guides for Other Cities in North Carolina

Starting a Business in Whiteville
Starting a Business in Williamston

Browse All Business Startup Guides for North Carolina
Starting a Business Guides for Other States

 

 

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