Oregon Business Startup Guides
Opening a Business in Creswell, Oregon
Contemplating starting a business in Creswell, Oregon? We walk you through the process of opening a business in Creswell.
Is Becoming a Business Owner Right for You?
Most startup businesses fail, in part because the founder did not have the perseverance and abilities that are necessary to succeed. So, before you start your business, consider all of the implications of being an entrepreneur.
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 Creswell. Get their take on what it's really like to be an entrepreneur.
- We recommend reading Characteristics of Successful Entrepreneurs. For aspiring new entrepreneurs, it's a must read article.
- Seek the advice of somebody who knows you well. That's the best way to get a truly objective assessment as to whether others think you have what it takes.
Creswell, Oregon Demographic Information
Creswell has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Creswell demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Creswell.
Businesses
As a new Creswell entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Creswell 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
Naming the Company
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.
Companies like Starbucks, Apple, Target, Microsoft and Intuit all have strong company names that are easy to remember and have become well-loved brands. Wouldn't it be nice if your new company name got on a similar track?
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Company.
As a final piece of advice, remember that because you are opening a business in Creswell, it's imperative that you check now that no other Oregon company is using the business name you want to use.
Forming a Company in Creswell, Oregon
A critical step is ensuring that you form your business as a legal structure. 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. If you are starting a business in Oregon, it doesn't mean you are required to incorporate in Oregon. In fact, 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 LLC Advantages. You may also want to seek the advice of an lawyer. Finally, if you are starting a business in Creswell, Oregon, our information on Incorporating in Oregon may be a useful resource if you decide to incorporate in Oregon.
Don't Skip the Business Plan
Writing a business plan is essential in laying a solid foundation for your business success. Simply put, your business plan is your game plan for how you hope to grow your business. Starting a business without a business plan will greatly reduce your chances of business success.
To learn more about business plans, read Business Plan Contests. A great resource for business planning assistance is the free counseling sessions provided by your local SCORE chapter in Oregon.
The Art of Selling
Mastering the art of selling is priority one if you want your new Creswell business to do well.
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.
Selling Products on eBay 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 they need to continually improve.
Given that you are starting a business in Creswell, Oregon, you will want to take advantage of the many programs available at nearby Oregon universities, colleges and community colleges. It's also smart to see if there are any networking organizations for Creswell entrepreneurs.
Moving Forward
Most new Creswell 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 Creswell and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Creswell 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 Creswell, Oregon
Here are more links that we believe will help you be successful in starting a business in Creswell.
- Resources for Creswell, Oregon Entrepreneurs - Browse a variety of resources we've collected to assist Creswell entrepreneurs.
- Oregon Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Oregon.
- Oregon Small Business Development Center - Oregon Small Business Development Centers use a client-centered approach to deliver counseling, training, information and technical assistance in all aspects of small business management. There is no fee for their assistance.
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