Kentucky Business Startup Guides
Starting a Business in Glasgow, Kentucky
Thinking about starting a business in Glasgow, Kentucky? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Glasgow.
Glasgow, Kentucky Demographic Information
Glasgow has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Glasgow demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Glasgow.
Businesses
As a new Glasgow entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Glasgow 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 Glasgow, you may be surprised to see how many franchises there are in the area. Is it perhaps smarter to franchise a business instead of doing it from scratch.
We advise the entrepreneurs we work with to consider franchising as an option. To help you learn more about franchising, we've gathered a ton of articles on franchising, including Costs of Franchise Ownership. Get a thorough education on franchising by browsing all of our Articles on Franchising.
You can find franchise opportunities by browsing our Franchise Opportunities Directory.
Representative franchise opportunities include New Horizons Computer Learning Centers, Inc. and Aging Excellence. Alternatively, you can browse franchise categories, such as Auto Repair Franchises and Print and Sign Franchises.
Note on Glasgow Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Glasgow.
Getting Money to Start a Business
Getting your Glasgow business the capital it needs to succeed 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 504 Loans.
For Glasgow entrepreneurs on the hunt for startup funding, check out our List of Kentucky Angel Investors and our List of Kentucky Venture Capital Firms.
Marketing Your New Venture
Whether your goal is to attract Glasgow customers or you plan on selling elsewhere, you need a excellent marketing plan.
You can learn quite a bit about marketing on our site. National TV Spot Advertising Rates discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. That's just a taste of the many useful articles we have on Marketing a Small Business.
The Art of Selling
Mastering the art of selling is priority one if you want your new Glasgow business to do well.
Why should customers buy from you instead of buying from competitors? Fortunately, we've got plenty of good advice to help you improve your selling skills.
Sales Prospecting is worth reading, as it may give you some good ideas on how to sell your products or services. We have many more good articles on selling that you may enjoy reading.
Advancing Your Entrepreneurial Skills
Good entrepreneurs recognize that they don't know everything.
As an entrepreneur who lives in Glasgow, Kentucky, you will want to take advantage of the many programs available at nearby Kentucky universities, colleges and community colleges. It's also beneficial to see if there are any networking groups or organizations in which Glasgow entrepreneurs get together to network and trade their business experiences.
What's Next?
Most new Glasgow businesses underestimate the number of challenges they will face.
Owning your own business will be a daunting task, but you can do it.
This site is all about helping entrepreneurs in Glasgow and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Glasgow, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Glasgow, Kentucky
Here are more links that we believe will help you be successful in starting a business in Glasgow.
- Resources for Glasgow, Kentucky Entrepreneurs - Browse a variety of resources we've collected to assist Glasgow entrepreneurs.
- Kentucky Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Kentucky.
- Kentucky Small Business Development Center - The Kentucky Small Business Development Center (KSBDC) has been assisting Kentucky small business community for more than 25 years. KSBDC is co-sponsored by the U.S. Small Business Administration and is administered by the University of Kentucky in partnership with regional universities, community and private colleges, and the private sector.
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