California Business Startup Guides
Open a Business in Encino, California
Need help starting a business in Encino, California? We've got the information you need to open a business in Encino.
Will You Be a Successful Entrepreneur?
Most new ventures do not succeed, in part because the founder 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:
- Talk to other entrepreneurs in Encino. They are usually very willing to share their insights on the ups and downs of being 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. Others sometimes know you better than you know yourself.
What Business to Start
An important decision is what kind of business you want to start. We recommend that you read Business Ideas That Don't Make Sense.
To view an extensive list of business types, complete with startup instructions, spend some time in the Good Businesses to Start section of our site. For example, you might be interested in our Starting a Dance Club guide or our Starting a Tatoo Parlor guide.
Don't forget that you are starting a business in Encino. The business you want to start may already be well-represented in Encino. Don't forget to review Encino demographics to see if there's a market for what you want to sell.
Encino, California Demographic Information
Encino has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Encino demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Encino.
Businesses
As a new Encino entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Encino 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?
As you drive around Encino, you may be surprised to see how many franchises there are in the area. But is franchising the right option for you?
Our advice is to look into purchasing a franchise. On our site, you can read many articles about franchising, such as Franchising and Veterans. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Representative franchise opportunities include Subway Franchises and Starbucks Franchises. Alternatively, you can browse franchise categories, such as Accounting Franchises and Moving Franchises.
Note on Encino Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Encino.
Have You Considered Buying an Existing Encino Business?
An excellent way to get started in business is to Buy a Business in California. Follow that link and you can review several good businesses for sale in Encino.
For anybody who wants to buy a business, we recommend reading this useful article: Buying a Business.
Company Formation in Encino, California
A critical step is ensuring 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.
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. Just because you are starting a business in California, you don't necessarily have to incorporate in California. 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's a lot to know about forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as C Corp Versus S Corp. You may also want to seek the advice of an lawyer. Finally, if you are starting a business in Encino, California, our information on Incorporating in California may be a useful resource if you decide to incorporate in California.
What's Next?
Most new Encino 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 Encino and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Encino 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 Encino, California
Here are more links that we believe will help you be successful in starting a business in Encino.
- Resources for Encino, California Entrepreneurs - Browse a variety of resources we've collected to assist Encino entrepreneurs.
- California Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in California.
- Fresno, California Small Business Development Center - The UC Merced SBDC Regional Network assists Central California entrepreneurs and small business owners through counseling, training and business information.
- Los Angeles, California Small Business Development Center - The Los Angeles Regional Small Business Development Center Network (LA SBDC Network) is part of the national, U.S. Small Business Administration (SBA) effort to provide free one-on-one customized consulting services and low-cost training workshops to growing businesses and start-up businesses.
- Sacramento, California Small Business Development Center - As Northern California continues to grow demographically and economically, the Northeastern California Small Business Development Center (NECSBDC) at CSU, Chico is committed to helping communities prepare and plan for future growth.
- San Diego, California Small Business Development Center - The Small Business Development Center (SBDC) at Southwestern College serves entrepreneurs and small businesses in San Diego and Imperial Counties. The SBDC provides no-cost business assistance to start-up & existing businesses.
- San Francisco, California Small Business Development Center - The Northern California Network of Small Business Development Centers helps individuals start, manage and grow their businesses.
- Orange County Small Business Development Center - The Orange County SBDC is a leader in providing consulting, training, and technical assistance to the small business community.
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