Idaho Business Startup Guides
Open a Business in Boise, Idaho
Need help starting a business in Boise, Idaho? We've got the information you need to open a business in Boise.
Boise, Idaho Demographic Information
Boise has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Boise demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Boise.
Businesses
As a new Boise entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Boise 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 Boise Business?
We've created a handy website page for those who want to Buy a Business in Idaho. Follow that link and you may find several good businesses for sale in Boise.
Before buying a business, be sure to read this article: Buying a Business.
Forming a Company in Boise, Idaho
It's very important that you choose the right legal structure for your new entity. 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.
Incorporation 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 Idaho, you don't necessarily have to incorporate in Idaho. 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. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Avoiding Personal Liability in Business. You may also want to seek the advice of an lawyer. Finally, if you are starting a business in Boise, Idaho, our information on Incorporating in Idaho may be a useful resource if you decide to incorporate in Idaho.
Raising Money for Your New Venture
Getting your Boise business the capital it needs to succeed is not an easy task. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.
Take advantage of our many articles on raising capital, such as Only Idiots Send Venture Capitalists Business Plans.
For Boise entrepreneurs in need of startup financing, you'll want to take a look at our List of Idaho Angel Investors and our List of Idaho Venture Capital Firms.
How to Sell
Being able to sell is critical to your business success. Whether you are focused on selling local customers in Boise or are selling to customers throughout Idaho, the United States or even the world, you have to be able to sell.
Why should customers buy from you instead of buying from competitors? Fortunately, we've got plenty of good advice to help you improve your selling skills.
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.
Advancing Your Entrepreneurial Skills
Successful entrepreneurs recognize that what they know now may not be enough to ensure their future success.
Given that you are starting a business in Boise, Idaho, you will want to take advantage of the many programs available at nearby Idaho universities, colleges and community colleges. It's also smart to see if there are any networking groups or organizations in which Boise entrepreneurs get together to network and trade their business experiences.
Next Steps
You have a dream -- starting a business in Boise. To achieve your dream, you have to persevere, even when the odds are against you.
If you choose the right business and love what you do, you will greatly increase your odds of success.
This site is all about helping entrepreneurs in Boise 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 Boise, Idaho
Here are more links that we believe will help you be successful in starting a business in Boise.
- Resources for Boise, Idaho Entrepreneurs - Browse a variety of resources we've collected to assist Boise entrepreneurs.
- Idaho Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Idaho.
- Idaho Small Business Development Center - The Idaho Small Business Development Center (Idaho SBDC) is a university-based organization offering a wealth of free and low-cost services to help small businesses and entrepreneurs be successful.
Starting-a-Business Guides for Other Cities in Idaho
Starting a Business in Blackfoot
Starting a Business in Bonners Ferry
Browse All Business Startup Guides for Idaho
Starting a Business Guides for Other States
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