Florida Business Startup Guides
Starting a Business in Winter Haven, Florida
Thinking about starting a business in Winter Haven, Florida? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Winter Haven.
Are You Ready for Life as an Owner?
Before quitting your day job, consider your entrepreneurial instincts and capabilities.
Because entrepreneurship is not for everyone, we recommend you do the following to help you assess whether you should move forward with starting a business:
- Grab a meal or cofee with other entrepreneurs in Winter Haven. Listen closely to their experiences and see if you think you too can be successful.
- Take a look at The Entrepreneurial Personality. It's a short article but it's a good reality check for those are about to jump into the world of entrepreneurship.
- Reach out to a trusted acquaintance. Ask them directly: Do I have what it takes to be an entrepreneur? Listen carefully to their answer, as they presumably know your strengths and weaknesses.
Winter Haven, Florida Demographic Information
Winter Haven has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Winter Haven demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Winter Haven.
As a new Winter Haven entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Winter Haven 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.
Is a Franchise Opportunity Right For You?
As you drive around Winter Haven, you'll conclude that many business owners have opted to buy a franchise, rather than starting a business on their own. Is it perhaps smarter to franchise a business instead of doing it from scratch.
We highly recommend you evaluate the possibility of your buying a franchise opportunity. This site has dozens of articles on franchising, such as Franchise Marketing Support. Become a franchising expert of sorts by reading more of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Sample franchise opportunities include Buffalo Philly's and ELS Language Centers. Alternatively, you can browse franchise categories, such as Training and Education Franchises and Cell Phone Franchises.
Note on Winter Haven Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Winter Haven.
Naming the Company
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.
Companies like Starbucks, Apple, Target, Microsoft and Intuit all have strong company names that are easy to remember and have become well-loved brands. Wouldn't it be nice if your new company name got on a similar track?
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 Winter Haven, it's very important that you make sure your company name has not already been claimed by another Florida business.
Forming a Company in Winter Haven, Florida
It's very important that you form your business as a legal structure. Among other things, forming a legal entity for the business limits your liabilities.
When forming a company, you will decide among many company types, such as a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporating 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 Florida, you don't necessarily have to incorporate in Florida. In fact, you are allowed to 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 basics of company formation, browse articles on our site, such as Offshore Company Formation. You should also consider getting professional assistance from your business lawyer. On a final note, since you will be starting a business in Winter Haven, Florida, our web page covering Incorporating in Florida may be a useful resource if you decide to incorporate in Florida.
Marketing Your New Business
To rise above the crowd in Winter Haven and accelerate your business, having an excellent marketing plan is fundamental to your succeeding.
You can learn quite a bit about marketing on our site. Advertising on Buses is a good read to get your marketing thoughts flowing. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.
How to Improve Your Entrepreneurial Abilities
Successful entrepreneurs recognize that they need to continually improve.
As an entrepreneur who lives in Winter Haven, Florida, you should check out some of the learning programs at local Florida educational institutions. You should also check if there are any networking organizations for Winter Haven entrepreneurs.
Never Give Up
You have a dream -- starting a business in Winter Haven. 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.
Our goal here is to promote the vitality and growth of small businesses in Winter Haven and throughout the United States . We believe entrepreneurship is an amazing engine for job creation in Winter Haven, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Winter Haven, Florida
Here are more links that we believe will help you be successful in starting a business in Winter Haven.
- Resources for Winter Haven, Florida Entrepreneurs - Browse a variety of resources we've collected to assist Winter Haven entrepreneurs.
- Florida Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Florida.
- Florida Small Business Development Center - The Florida Small Business Development Center Network (FSBDCN) is a statewide economic development partnership between higher education and other stakeholder organizations dedicated to providing entrepreneurs and established businesses with the assistance needed to start, grow and succeed, contributing to the Florida economy.
More Startup Articles for Florida Cities
Share this article
Additional Resources for Entrepreneurs