Kentucky Business Startup Guides
Start a Business in Clinton, Kentucky
Are you starting a business in Clinton, Kentucky? This article discusses the most important things to consider when opening a business in Clinton.
Are You Sure You Want to Do This?
Most new companies do not succeed, in part because the business owner did not have the tenacity and/or the skills to succeed. So, before jumping into the world of entrepreneurship, consider all of the implications of being an entrepreneur.
With so much at stake when you start a business, we strongly recommend you do the following before you proceed:
- Talk to other entrepreneurs in Clinton. Ask them candidly what it's like to run a business.
- We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
- Get feedback from somebody whom you trust. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.
Clinton, Kentucky Demographic Information
Clinton has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Clinton demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Clinton.
Businesses
As a new Clinton entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Clinton 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 Clinton Business?
An excellent way to get started in business is to Buy a Business in Kentucky. Follow that link and you might discover several good businesses for sale in Clinton.
Before buying a business, be sure to read this article: Hold Harmless Agreements When Buying Businesses.
Selecting a Name For Your Venture
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.
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.
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Business.
There's one other important factor when naming a business. Since you are planning on starting a business in Clinton, it's imperative that you check now that no other Kentucky company is using the business name you want to use.
Raising Money for Your Business
Getting your Clinton business the capital it needs to succeed requires strong organization skills and perseverance. The reality is that there is very little funding available for new small businesses, and you have to explore every possible alternative.
Take advantage of our many articles on raising capital, such as 504 Loans.
For Clinton entrepreneurs in need of startup financing, check out our List of Kentucky Angel Investors and our List of Kentucky Venture Capital Firms.
Promoting Your New Company
Whether your goal is to attract Clinton customers or you plan on selling elsewhere, having an excellent marketing plan is fundamental to your business achieving its goals.
There are myriad resources on this site to help you with your marketing plan. How to Get Started with Advertsing discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. That's just a sampling of the many useful articles we have on Marketing a Small Business.
Next Steps
Most new Clinton businesses underestimate the number of challenges they will face.
Owning your own business will be a daunting task, but you can do it.
This site is all about helping entrepreneurs in Clinton 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 Clinton, Kentucky
Here are more links that we believe will help you be successful in starting a business in Clinton.
- Resources for Clinton, Kentucky Entrepreneurs - Browse a variety of resources we've collected to assist Clinton entrepreneurs.
- Kentucky Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Kentucky.
- Kentucky Small Business Development Center - The Kentucky Small Business Development Center (KSBDC) has been assisting Kentucky small business community for more than 25 years. KSBDC is co-sponsored by the U.S. Small Business Administration and is administered by the University of Kentucky in partnership with regional universities, community and private colleges, and the private sector.
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