Illinois Business Startup Guides
Opening a Business in Glenview, Illinois
Contemplating starting a business in Glenview, Illinois? We walk you through the process of opening a business in Glenview.
Are You Ready for Entrepreneurship?
Most new companies fail, in part because the entrepreneur did not have the tenacity and/or the skills to succeed. So, before you start your business, consider all of the implications of being an entrepreneur.
While entrepreneurship has become a popular career choice, we recommend you do the following before you take the plunge:
- Speak with other entrepreneurs in Glenview. Listen closely to their experiences and see if you think you too can be successful.
- You should read Business Failure. It's a good read for those who are thinking about becoming an entrepreneur.
- Involve a spouse, family member or trusted friend in the decision. Ask them directly: Do I have what it takes to be an entrepreneur? Listen carefully to their answer, as they presumably know your strengths and weaknesses.
Glenview, Illinois Demographic Information
Glenview has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Glenview demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Glenview.
Businesses
As a new Glenview entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Glenview 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
Choosing a Business Name
Making the right decision when choosing a company name is very important. There are many decisions you'll make now that you can change later, but changing a company name years down the road is not very easy. So, choose a good company name at the outset.
Companies like Starbucks, Apple, Target, Microsoft and Intuit all have strong company names that are easy to remember and have become well-loved brands. Wouldn't it be nice if your new company name got on a similar track?
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Company.
On a final note, given that you are planning on starting a business in Glenview, it's imperative that you check now that your company name has not already been claimed by another Illinois business.
The Role of the Business Plan
Writing a business plan is vital in maximizing the prospects of your new company. Simply put, a business plan describes what you plan to do with the business and how you plan to do it. Starting a business without a business plan will greatly reduce your chances of business success.
To learn more about business plans, read Business Plan Mistakes. A great resource for business planning assistance is the free counseling sessions provided by your local SCORE chapter in Illinois.
Startup Financing Basics
Raising money to fund your new Glenview business will be harder than you might expect. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.
Take advantage of our many articles on raising capital, such as Business Credit Evaluation.
For Glenview entrepreneurs who want to raise money for a new venture, check out our List of Illinois Angel Investors and our List of Illinois Venture Capital Firms.
Learning More About Entrepreneurship
Successful entrepreneurs know that what they know now may not be enough to ensure their future success.
As an entrepreneur who lives in Glenview, Illinois, you should investigate some of the many programs available at nearby Illinois universities, colleges and community colleges. You should also check if there are any Glenview networking organizations.
Glenview Entrepreneur Interviews
We're compiling a number of interviews with Glenview entrepreneurs. Enjoy!
Never Give Up
Most new Glenview 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 Glenview and elsewhere to achieve real success. 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 Glenview, Illinois
Here are more links that we believe will help you be successful in starting a business in Glenview.
- Resources for Glenview, Illinois Entrepreneurs - Browse a variety of resources we've collected to assist Glenview entrepreneurs.
- Illinois Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Illinois.
- Illinois Small Business Development Center - Illinois Small Business Development Centers located throughout the state provide assistance to new and existing small businesses.
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