California Business Startup Guides
Starting a Business in Georgetown, California
Thinking about starting a business in Georgetown, California? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Georgetown.
What Business to Start
Choosing a business that is right for you is very important. You might get some good ideas about what kind of business to start by reading How to Evaluate a Business Idea.
If you still are not sure what type of business to start, peruse the Good Businesses to Start section of our site. For example, you might be interested in our Opening an Inflatable Party Decorations Business guide or our Opening a Motion Picture Properties Business guide.
Always keep in mind that you are starting a business in Georgetown. Some businesses will do better in Georgetown than others. A critical consideration is whether Georgetown demographics mesh well with your startup concept.
Georgetown, California Demographic Information
Georgetown has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Georgetown demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Georgetown.
Businesses
As a new Georgetown entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Georgetown 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
Selecting a Name For Your Venture
A big decision when starting a company is choosing a company name. Believe it or not, choosing a good company name can be a big contributor to your business success.
Even if the name doesn't do it by itself, many naming experts believe there should be a story behind the name that ties into your company mission.
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Branding Advice.
There's one other important factor when naming a business. Since you are opening a business in Georgetown, it's imperative that you check now that you will be the only California company using the business name you have chosen.
Company Formation in Georgetown, California
It's essential that you are forming a legal entity that operates independently from you. Doing so will protect 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. As it turns out, you can incorporate wherever you want. 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 Where to Incorporate. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Georgetown, California, our information on Incorporating in California may be a useful resource if you decide to incorporate in California.
Letting the World Know You Exist
To grow your Georgetown business, you'll need to have a good marketing plan.
We have some useful resources on this site for entrepreneurs who are working on marketing plans. Yellow Pages Advertising Advice discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. That's just one of the many useful articles we have on Marketing a Small Business.
The Art of Selling
Mastering the art of selling is a must if you want your new Georgetown business to do well.
Not knowing how to sell can result in lost customers and minimal market share. The good news is we can help you to make selling a big competitve advantage for your new firm.
Writing Great Proposals is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.
Next Steps
Most new Georgetown businesses underestimate the number of challenges they will face.
Owning your own business will be a daunting task, but you can do it.
We are here to help Georgetown businesses to be successful. We have a wealth of experience in business start-ups, financing, marketing, sales and more...and we've made all of our knowledge available to you.
More Entrepreneurial Resources for Starting a Business in Georgetown, California
Here are more links that we believe will help you be successful in starting a business in Georgetown.
- Resources for Georgetown, California Entrepreneurs - Browse a variety of resources we've collected to assist Georgetown 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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