Missouri Business Startup Guides
Opening a Business in Dexter, Missouri
Contemplating starting a business in Dexter, Missouri? We walk you through the process of opening a business in Dexter.
Is Becoming an Entrepreneur Right for You?
Most new companies do not succeed, in part because the entrepreneur did not have the perseverance and abilities that are necessary to succeed. So, before jumping into the world of entrepreneurship, 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:
- Reach out to other entrepreneurs in Dexter. Get their take on what it's really like to be an entrepreneur.
- Peruse Should You Become an Entrepreneur?. This is one of our more popular articles for folks who want to go into business for themselves.
- Have a candid conversation with friends and family. That's the best way to get a truly objective assessment as to whether others think you have what it takes.
Dexter, Missouri Demographic Information
Dexter has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Dexter demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Dexter.
Businesses
As a new Dexter entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Dexter 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
Should You Franchise?
Browse the Yellow Pages for Dexter and you may be surprised to see how many franchises there are in the area. So, it probably makes sense for you to consider franchising too.
Our advice is to consider franchising as an option. We have many articles on franchises, such as Questions to Ask Franchisors. Get a thorough education on franchising by browsing all of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Representative franchise opportunities include Audio/Video Handyman and Home Instead Senior Care. Alternatively, you can browse franchise categories, such as Soccer Franchises and Payday Loan Franchises.
Note on Dexter Franchise Opportunities: To find out if a franchise you are interested in is available in Dexter, you will need to get in direct contact with the franchisor.
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.
Company names need to be easy to spell, easy to pronounce, and easy to remember.
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 starting a business in Dexter, it's imperative that you check now that no Missouri company has already registered the company name you have selected.
Don't Forget to Create a Business Plan
Writing a business plan is vital in laying a solid foundation for your business success. Simply put, a business plan describes what you plan to do with the business and how you plan to do it. Starting a business without a business plan will greatly reduce your chances of business success.
To learn more about business plans, read Free Business Plan Templates. A great resource for business planning assistance is the free counseling sessions provided by your local SCORE chapter in Missouri.
Getting Money to Start a Business
Obtaining startup financing for your Dexter business 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 securing funding, such as Realistic Debt Financing Options.
For Dexter entrepreneurs on the hunt for startup funding, we have assembled a List of Missouri Angel Investors and our List of Missouri Venture Capital Firms.
Moving Forward
Most new Dexter businesses underestimate the number of challenges they will face.
From this point on, you control your own destiny.
This site is all about helping entrepreneurs in Dexter and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Dexter, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Dexter, Missouri
Here are more links that we believe will help you be successful in starting a business in Dexter.
- Resources for Dexter, Missouri Entrepreneurs - Browse a variety of resources we've collected to assist Dexter entrepreneurs.
- Missouri Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Missouri.
- Missouri Small Business Development Center - Missouri Small Business Development Center business specialists are uniquely qualified to help small businesses get started, develop and thrive.
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