Colorado Business Startup Guides
Starting a Business in Golden, Colorado
Thinking about starting a business in Golden, Colorado? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Golden.
Are You Ready for Life as an Owner?
Running your own business is difficult, much harder than working as an employee. Are you positive you want to go into business for yourself?
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 Golden. Listen closely to their experiences and see if you think you too can be successful.
- We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
- Get feedback from somebody whom you trust. 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.
Golden, Colorado Demographic Information
Golden has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Golden demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Golden.
Businesses
As a new Golden entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Golden 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
Startup Financing Basics
Finding the funds to fuel the growth of your Golden business is very difficult due to the ongoing business credit crunch. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.
Take advantage of our many articles on raising capital, such as Getting a Small Business Loan.
For Golden entrepreneurs on the hunt for startup funding, browse our List of Colorado Angel Investors and our List of Colorado Venture Capital Firms.
Promoting Your New Company
To rise above the crowd in Golden and build your business, you need a great marketing plan.
We have some great resources on this site for entrepreneurs who are working on marketing plans. Advertising on Google is an article that will generate a few thoughts on your marketing plan. That's just one of the many useful articles we have on Marketing a Small Business.
Selling Tips
Do you know how to sell? In order to attract customers to your new Golden business, you need to focus on sales.
Why should customers buy from you instead of buying from competitors? Let us help you refine your selling techniques through our many useful sales advice tips.
Anticipating Prospect Responses offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.
Improving Your Entrepreneurial Skillset
Good entrepreneurs recognize that what they know now may not be enough to ensure their future success.
As an entrepreneur who lives in Golden, Colorado, you will want to take advantage of the many programs available at nearby Colorado universities, colleges and community colleges. We also suggest you look into networking organizations for Golden entrepreneurs.
Never Give Up
As an entrepreneur in Golden, you won't be working for the boss anymore. You are the boss.
If you choose the right business and love what you do, you will greatly increase your odds of success.
We are here to help Golden businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Golden, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Golden, Colorado
Here are more links that we believe will help you be successful in starting a business in Golden.
- Resources for Golden, Colorado Entrepreneurs - Browse a variety of resources we've collected to assist Golden entrepreneurs.
- Colorado Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Colorado.
- Colorado Small Business Development Center - The Colorado Small Business Development Center (SBDC) Network is dedicated to helping small businesses throughout Colorado achieve their goals by providing free confidential counseling and various training programs.
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