Michigan Business Startup Guides
Opening a Business in Ypsilanti, Michigan
Contemplating starting a business in Ypsilanti, Michigan? We walk you through the process of opening a business in Ypsilanti.
Will You Be a Successful Entrepreneur?
An entrepreneurial life is difficult, much harder than working as an employee. Are you sure 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 Ypsilanti. They are usually very willing to share their insights on the ups and downs of being an entrepreneur.
- We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
- Get feedback from somebody whom you trust. Others sometimes know you better than you know yourself.
Ypsilanti, Michigan Demographic Information
Ypsilanti has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Ypsilanti demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Ypsilanti.
Businesses
As a new Ypsilanti entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Ypsilanti 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.
Businesses
Have You Considered Buying an Existing Ypsilanti Business?
If you have some capital to play with, you may want to Buy a Business in Michigan. Follow that link and you may find several good businesses for sale in Ypsilanti.
If you are going to be buying a business, you may want to read this article: Hold Harmless Agreements When Buying Businesses.
Letting the World Know You Exist
Whether your goal is to attract Ypsilanti customers or you plan on selling elsewhere, having an excellent marketing plan is fundamental to your business achieving its goals.
We have some helpful resources on this site for entrepreneurs who are working on marketing plans. Avoiding Bad Product Launches is an article that will stimulate a few thoughts on your marketing plan. That's just a sampling of the many useful articles we have on Marketing a Small Business.
Ramping Up Sales
Do you know how to sell? In order to attract customers to your new Ypsilanti business, you need to focus on sales.
Clever sales techniques can transform any business from good to great. Let us help you refine your selling techniques through our many useful sales advice tips.
Cold Call Selling 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.
Learning More About Entrepreneurship
Successful entrepreneurs recognize that what they know now may not be enough to ensure their future success.
As an entrepreneur who lives in Ypsilanti, Michigan, you should get information on some of the many programs available at nearby Michigan universities, colleges and community colleges. Another way to keep up on your learning is to investigate networking organizations for Ypsilanti entrepreneurs.
What's Next?
As an entrepreneur in Ypsilanti, you won't be working for the boss anymore. You are the boss.
If you choose the right business and love what you do, you will greatly increase your odds of success.
We are here to help Ypsilanti businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Ypsilanti, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Ypsilanti, Michigan
Here are more links that we believe will help you be successful in starting a business in Ypsilanti.
- Resources for Ypsilanti, Michigan Entrepreneurs - Browse a variety of resources we've collected to assist Ypsilanti entrepreneurs.
- Michigan Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Michigan.
- Michigan Small Business Development Center - This organization supports 12 regional offices and over 30 satellite offices, each providing counseling and training to Michigan small business owners and entrepreneurs throughout the 83 counties in Michigan. Services to entrepreneurs are offered through a cooperative agreement with the U.S. Small Business Administration.
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