January 24, 2021  
 
  Entrepreneurial Resources - Advice for North Carolina Entrepreneurs  
  Wrightsville Beach, North Carolina Resources for Entrepreneurs  
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Start a Business in Wrightsville Beach, North Carolina

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

Will You Be a Good Entrepreneur?

An entrepreneurial life is hard work, much harder than working as an employee. Are you certain you want to go into business for yourself?

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:

  • Talk to other entrepreneurs in Wrightsville Beach. They are usually very willing to share their insights on the ups and downs of being an entrepreneur.
  • We recommend reading Should You Become an Entrepreneur?. For aspiring new entrepreneurs, it's a must read article.
  • Have a candid conversation with friends and family. Others sometimes know you better than you know yourself.

Wrightsville Beach, North Carolina Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 262
5-9 Employees 51
10-19 Employees 48
20-49 Employees 42
50-99 Employees 6
100-249 Employees 12
250-499 Employees 0
500-999 Employees 0
1000+ Employees 0
All Wrightsville Beach Businesses 421

As a new Wrightsville Beach entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Wrightsville Beach 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
Architectural Services 3
Beauty Salons 1
Beer, Wine, and Liquor Stores 3
Boat Dealers 2
Book Stores 1
Camera and Photographic Supplies Stores 1
Child Day Care Services 1
Civic and Social Organizations 1
Computer Training 1
Custom Computer Programming Services 1
Deep Sea Freight Transportation 1
Drinking Places (Alcoholic Beverages) 1
Electrical Contractors 1
Family Clothing Stores 2
Fish and Seafood Markets 2
Fitness and Recreational Sports Centers 1
Full-Service Restaurants 11
Gift, Novelty, and Souvenir Stores 1
Graphic Design Services 1
Inland Water Freight Transportation 1
Insurance Agencies and Brokerages 1
Interior Design Services 1
Marinas 3
Marketing Consulting Services 1
Masonry Contractors 1
Media Representatives 1
Museums 1
New Housing Operative Builders 1
Offices of Dentists 1
Offices of Lawyers 2
Painting and Wall Covering Contractors 1
Periodical Publishers 2
Recreational Goods Rental 1
Residential Property Managers 2
Residential Remodelers 4
Snack and Nonalcoholic Beverage Bars 3
Sporting Goods Stores 3
Sports and Recreation Instruction 1
Temporary Help Services 1
Testing Laboratories 1
Theater Companies and Dinner Theaters 1

Have You Considered Buying an Existing Wrightsville Beach Business?

If you have some capital to play with, you may want to Buy a Business in North Carolina. Follow that link and you may find several good businesses for sale in Wrightsville Beach.

If you are going to be buying a business, you may want to read this article: Buying a Business.

Selecting a Name For Your Startup

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.

Even if the name doesn't do it by itself, many naming experts believe there should be a story behind the name that ties into your company mission.

Numerous company naming issues are discussed in more detail in this article: Naming a Business.

As a final piece of advice, remember that because you are starting a business in Wrightsville Beach, it's critical that you ensure that no other North Carolina company is using the business name you want to use.

Company Formation in Wrightsville Beach, North Carolina

It's very important that your business is formed as a legal entity that is separate from its owners. Doing so will shield you from personal liability for business debts and obligations.

The entity you form can be 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. Just because you are starting a business in North Carolina, you don't necessarily have to incorporate in North Carolina. In fact, you can 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'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 ESOP Formation. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Wrightsville Beach, North Carolina, our information on Incorporating in North Carolina may be a useful resource if you decide to incorporate in North Carolina.

Bring in Revenues

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

So what does it take to bring in more prospects and close more business? Fortunately, we've got plenty of good advice to help you improve your selling skills.

Sales Forecasting is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.

What's Next?

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

From this point on, you control your own destiny.

We are here to help Wrightsville Beach businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Wrightsville Beach entrepreneur who is just getting started or you are already up and running with your new venture.

More Entrepreneurial Resources for Starting a Business in Wrightsville Beach, North Carolina

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

 

 

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