Oregon Business Startup Guides
Start a Business in Forest Grove, Oregon
Are you starting a business in Forest Grove, Oregon? This article discusses the most important things to consider when opening a business in Forest Grove.
Are You Sure You Want to Do This?
Running your own business is hard work, much more challenging than working as an employee. Are you certain you have the stamina and skills to succeed on your own?
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 Forest Grove. Ask them candidly what it's like to run a 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. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.
Forest Grove, Oregon Demographic Information
Forest Grove has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Forest Grove demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Forest Grove.
Businesses
As a new Forest Grove entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Forest Grove 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 Forest Grove Business?
We've created a helpful website page for those who want to Buy a Business in Oregon. Follow that link and you might discover several good businesses for sale in Forest Grove.
For anybody who wants to buy a business, we recommend reading this useful article: How to Buy a Business.
Forming a Company in Forest Grove, Oregon
A critical step is ensuring that your business is formed as a legal entity that is separate from its owners. Doing so will shield you from personal liability for business debts and obligations.
When forming a company, you will decide among many company types, such as a corporation, LLC, sole proprietorship, partnership or other structure.
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 wherever you want. For example, it's very popular to incorporate in Delaware, and incorporating in Nevada has become very trendy as well. Don't forget, though, that you will have to register as a foreign entity in all states that you do business in.
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 Where to Incorporate. You may also want to seek the advice of an lawyer. On a final note, since you will be starting a business in Forest Grove, Oregon, our web page covering Incorporating in Oregon may be a useful resource if you decide to incorporate in Oregon.
Don't Forget to Create a Business Plan
A business plan is essential to the health of your new business. Simply put, a business plan is a written description of the future you envision for your business. Failure to write a business plan is a recipe for disaster.
To learn more about business plans, read Business Plan Software. You should also take advantage of free business counselors available to you through your local SCORE chapter in Oregon.
Advancing Your Entrepreneurial Skills
Successful entrepreneurs recognize that what they know now may not be enough to ensure their future success.
As an entrepreneur who lives in Forest Grove, Oregon, you should investigate some of the many programs available at nearby Oregon universities, colleges and community colleges. Another way to keep up on your learning is to investigate Forest Grove networking organizations.
Next Steps
As an entrepreneur in Forest Grove, 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 Forest Grove businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Forest Grove 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 Forest Grove, Oregon
Here are more links that we believe will help you be successful in starting a business in Forest Grove.
- Resources for Forest Grove, Oregon Entrepreneurs - Browse a variety of resources we've collected to assist Forest Grove 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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