Mississippi Business Startup Guides

Start a Business in Bruce, Mississippi

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

Which Business to Choose?

An important decision is what kind of business you want to start. To stir your creative juices on what kind of business to start, take a look at Evaluating Your Idea.

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 Medical Examiners Business guide or our How to Start a Pneumatic Tools & Equipment Business guide.

Remember that Bruce is the place where you are starting a business. Think about what needs are currently being underserved in Bruce. Make sure you fully understand Bruce demographics before you lock in on your business idea.

Bruce, Mississippi Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
531
5-9 Employees
198
10-19 Employees
72
20-49 Employees
54
50-99 Employees
9
100-249 Employees
27
250-499 Employees
0
500-999 Employees
0
1000+ Employees
0
All Bruce Businesses
891

As a new Bruce entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Bruce 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
Automotive Parts and Accessories Stores
3
Beauty Salons
2
Business Associations
2
Child Day Care Services
1
Consumer Lending
2
Convenience Stores
1
Electric Power Distribution
1
Farm Labor Contractors and Crew Leaders
1
Farm Supplies Merchant Wholesalers
1
Fine Arts Schools
1
Florists
1
Full-Service Restaurants
1
Funeral Homes and Funeral Services
1
General Automotive Repair
1
Gift, Novelty, and Souvenir Stores
1
Golf Courses and Country Clubs
1
Insurance Agencies and Brokerages
2
Janitorial Services
1
Landscaping Services
1
Leather and Hide Tanning and Finishing
1
Limited-Service Restaurants
3
Newspaper Publishers
1
Nursing Care Facilities
1
Offices of Lawyers
3
Offices of Optometrists
1
Petroleum Bulk Stations and Terminals
1
Pharmacies and Drug Stores
3
Radio Stations
1
Site Preparation Contractors
1
Support Activities for Forestry
1
Television Broadcasting
1
Used Household and Office Goods Moving
1
Vending Machine Operators
1
Video Tape and Disc Rental
1
Vocational Rehabilitation Services
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.

We strongly advocate that you make sure the ".com" domain name is available for your company name. Every business needs a strong Web presence these days, and having a non ".com" domain means somebody else may outrank you in the search results for your own company name.

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

On a final note, given that you are planning on starting a business in Bruce, it's very important that you make sure no other Mississippi company is using the business name you want to use.

Forming a Company in Bruce, Mississippi

It's very important that your business is formed as a legal entity that is separate from its owners. Among other things, forming a legal entity for the business limits your liabilities.

The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.

Incorporating is a very common way to legally create a business entity. Of course, you have to decide which type of corporation to form and where to incorporate. If you are starting a business in Mississippi, you don't necessarily have to incorporate in Mississippi. As it turns out, you can incorporate in any state you would like to. 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 Pre-Incorporation Agreements. You should also consider getting professional assistance from your business lawyer. Finally, if you are starting a business in Bruce, Mississippi, our information on Incorporating in Mississippi may be a useful resource if you decide to incorporate in Mississippi.

Marketing Your New Venture

To rise above the crowd in Bruce and build your business, having an excellent marketing plan is fundamental to your doing well.

You can learn quite a bit about marketing on our site. National TV Spot Advertising Rates is a good read to get your marketing juices flowing. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.

The Art of Selling

Being able to sell is critical to your business success. Whether you are focused on selling local customers in Bruce or are selling to customers throughout Mississippi, the United States or even the world, you have to be able to sell.

The key to selling is to set sales goals goals and monitor your progress towards those goals. The good news is we can help you to make selling a big competitve advantage for your new firm.

Tips on Customer Referrals offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.

Moving Forward

You have a dream -- starting a business in Bruce. 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 Bruce 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 Bruce, Mississippi

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

Starting-a-Business Guides for Other Cities in Mississippi

Starting a Business in Brookhaven
Starting a Business in Calhoun City

Browse All Business Startup Guides for Mississippi
Starting a Business Guides for Other States

 

 

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