Georgia Business Startup Guides
Starting a Business in Folkston, Georgia
Thinking about starting a business in Folkston, Georgia? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Folkston.
Do You Have Entrepreneurial Drive and Passion?
Running your own business is difficult, much harder than working as an employee. Are you certain you want to start a business?
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 Folkston. Get their candid feedback on what it takes to start a successful business.
- 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. A support network of family and friends can be a great sounding board for good advice before you decide for sure to go into business.
Folkston, Georgia Demographic Information
Folkston has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Folkston demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Folkston.
Businesses
As a new Folkston entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Folkston 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 Folkston Business?
If you have some capital to play with, you may want to Buy a Business in Georgia. Follow that link and you may find several good businesses for sale in Folkston.
If you are headed down the path of buying a business, you may want to read this article: Buying a Business.
Company Formation in Folkston, Georgia
A critical step is ensuring that your business is formed as a legal entity that is separate from its owners. Without a legal structure for the business, you can be held personally liable for the actions, debts and obligations of your company.
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 Georgia, it doesn't mean you are required to incorporate in Georgia. 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 Pre-Incorporation Agreements. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Folkston, Georgia, our information on Incorporating in Georgia may be a useful resource if you decide to incorporate in Georgia.
Letting the World Know You Exist
Whether your goal is to attract Folkston customers or you plan on selling elsewhere, you need a great marketing plan.
You can learn quite a bit about marketing on our site. Dealing with Angry Customers is an article that will stimulate a few thoughts on your marketing plan. That's just a sampling of the many useful articles we have on Marketing a Small Business.
Advancing Your Entrepreneurial Skills
Good entrepreneurs know that they don't know everything.
Given that you are starting a business in Folkston, Georgia, you will want to take advantage of the many programs available at nearby Georgia universities, colleges and community colleges. It's also smart to see if there are any Folkston networking organizations.
Now It's Up To You
As an entrepreneur in Folkston, you won't be working for the boss anymore. You are the boss.
From this point on, you control your own destiny.
We are here to help Folkston businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Folkston 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 Folkston, Georgia
Here are more links that we believe will help you be successful in starting a business in Folkston.
- Resources for Folkston, Georgia Entrepreneurs - Browse a variety of resources we've collected to assist Folkston entrepreneurs.
- Georgia Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Georgia.
- Georgia Small Business Development Center - The Georgia SBDC program helps Georgia entrepreneurs with developing business plans, providing financial analysis, identifying sources of capital, and assessing marketing strategies.
Starting-a-Business Guides for Other Cities in Georgia
Starting a Business in Fitzgerald
Starting a Business in Forest Park
Browse All Business Startup Guides for Georgia
Starting a Business Guides for Other States
Share this article
Additional Resources for Entrepreneurs