Indiana Business Startup Guides

Starting a Business in Greenfield, Indiana

Thinking about starting a business in Greenfield, Indiana? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Greenfield.

Are You Ready for Entrepreneurship?

Most startup ventures fail, in part because the entrepreneur did not have the perseverance and abilities that are necessary to succeed. So, before you open a business, consider all of the implications of being an entrepreneur.

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:

  • Grab a meal or cofee with other entrepreneurs in Greenfield. Listen closely to their experiences and see if you think you too can be successful.
  • Take a look at The Entrepreneurial Personality. It's a short article but it's a good reality check for those are about to jump into the world of entrepreneurship.
  • Reach out to a trusted acquaintance. 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.

What Type of Business Should You Start?

An important decision is what kind of business you want to start. We recommend that you read Business Ideas That Don't Make Sense.

For step-by-step instructions on starting a variety of business types, visit the Good Businesses to Start section of our site. For example, you might be interested in our How to Start a Churches Insurance Business guide or our Opening an Information Systems Consultants Business guide.

Don't forget that you are starting a business in Greenfield. Some businesses will do better in Greenfield than others. A critical consideration is whether Greenfield demographics mesh well with your startup concept.

Greenfield, Indiana Demographic Information

Greenfield has an active business community that includes small businesses, mid-sized businesses and large businesses.

To give you a better feel for Greenfield demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Greenfield.

Business Size
# of
Businesses
1-4 Employees
14828
5-9 Employees
6534
10-19 Employees
4125
20-49 Employees
2442
50-99 Employees
1056
100-249 Employees
396
250-499 Employees
165
500-999 Employees
33
1000+ Employees
33
All Greenfield Businesses
29612

As a new Greenfield entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Greenfield 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.

Business Type
# of
Businesses
Aluminum Foundries (except Die-Casting)
1
Architectural Services
2
Automotive Exhaust System Repair
1
Automotive Parts and Accessories Stores
7
Automotive Transmission Repair
2
Beauty Salons
12
Beer and Ale Merchant Wholesalers
1
Book Stores
1
Business Associations
3
Cafeterias
2
Car Washes
4
Caterers
1
Child Day Care Services
9
Civic and Social Organizations
6
Coin-Operated Laundries and Drycleaners
1
Commercial Lithographic Printing
3
Community Food Services
2
Computer and Software Stores
1
Computer Systems Design Services
3
Concrete Pipe Manufacturing
1
Confectionery and Nut Stores
2
Convenience Stores
1
Cosmetology and Barber Schools
1
Credit Unions
2
Custom Computer Programming Services
2
Dental Laboratories
1
Diagnostic Imaging Centers
1
Direct Title Insurance Carriers
1
Drafting Services
2
Drinking Places (Alcoholic Beverages)
2
Drywall and Insulation Contractors
4
Electric Power Distribution
1
Electrical Contractors
21
Electronic Shopping
1
Emergency and Other Relief Services
1
Facilities Support Services
1
Fine Arts Schools
1
Finish Carpentry Contractors
12
Fitness and Recreational Sports Centers
5
Floor Covering Stores
3
Flooring Contractors
1
Florists
4
Food Service Contractors
1
Framing Contractors
2
Freight Transportation Arrangement
1
Full-Service Restaurants
21
Funeral Homes and Funeral Services
2
Furniture Merchant Wholesalers
1
Furniture Stores
1
General Freight Trucking, Local
4
General Medical and Surgical Hospitals
1
General Rental Centers
2
General Warehousing and Storage
1
Gift, Novelty, and Souvenir Stores
1
Glass and Glazing Contractors
3
Golf Courses and Country Clubs
2
Graphic Design Services
2
Hardware Merchant Wholesalers
1
Hardware Stores
1
Hobby, Toy, and Game Stores
1
Home Centers
2
Home Health Care Services
2
Homes for the Elderly
1
Insurance Agencies and Brokerages
17
Investment Advice
2
Janitorial Services
5
Jewelry Stores
2
Junior Colleges
1
Kidney Dialysis Centers
1
Land Subdivision
1
Landscaping Services
12
Lessors of Other Real Estate Property
3
Limited-Service Restaurants
30
Local Messengers and Local Delivery
4
Locksmiths
1
Machine Shops
3
Marketing Consulting Services
1
Meat Markets
1
Motor Vehicle Body Manufacturing
1
Motor Vehicle Towing
2
Museums
3
Natural Gas Distribution
1
New Car Dealers
5
New Housing Operative Builders
2
Nursing Care Facilities
4
Office Administrative Services
4
Office Equipment Merchant Wholesalers
1
Office Supplies and Stationery Stores
1
Offices of Certified Public Accountants
2
Offices of Chiropractors
4
Offices of Dentists
16
Offices of Optometrists
3
Offices of Podiatrists
1
Offices of Real Estate Appraisers
2
Outdoor Power Equipment Stores
3
Paint and Wallpaper Stores
1
Painting and Wall Covering Contractors
15
Passenger Car Rental
1
Periodical Publishers
1
Pet and Pet Supplies Stores
1
Pet Care (except Veterinary) Services
1
Petroleum Bulk Stations and Terminals
1
Pharmacies and Drug Stores
3
Photography Studios, Portrait
2
Plate Work Manufacturing
1
Prepress Services
1
Private Mail Centers
1
Ready-Mix Concrete Manufacturing
1
Real Estate Credit
3
Remediation Services
1
Residential Property Managers
1
Residential Remodelers
17
Savings Institutions
3
Securities Brokerage
5
Security Guards and Patrol Services
1
Sheet Metal Work Manufacturing
3
Shoe Stores
1
Siding Contractors
2
Site Preparation Contractors
12
Software Publishers
1
Solid Waste Collection
17
Sporting Goods Stores
3
Sports and Recreation Instruction
3
Tax Preparation Services
1
Temporary Help Services
4
Tile and Terrazzo Contractors
3
Title Abstract and Settlement Offices
1
Travel Agencies
1
Used Car Dealers
3
Used Merchandise Stores
3
Vending Machine Operators
1
Veterinary Services
5
Video Tape and Disc Rental
1
Water Supply and Irrigation Systems
1
Wholesale Trade Agents and Brokers
4
Wired Telecommunications Carriers
3
Women's Clothing Stores
2

Is a Franchise Opportunity Right For You?

Examine a list of Greenfield businesses and 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.

Most business experts recommend that you consider franchising as an option. To help you learn more about franchising, we've gathered a ton of articles on franchising, including How to Get More Franchisees. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.

To learn about specific franchise opportunities, check out our Franchise Directory.

Representative franchise opportunities include Subway and OneCoach. Alternatively, you can browse franchise categories, such as Child Care Franchises and Cleaning and Maintenance Franchises.

Note on Greenfield Franchise Opportunities: To find out if a franchise you are interested in is available in Greenfield, you will need to get in direct contact with the franchisor.

Where to Get Money to Start a Company

Finding the funds to fuel the growth of your Greenfield business is a difficult chore. In fact, financing your new business may be the hardest challenge you ever face.

Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled Attracting Investors.

For Greenfield entrepreneurs who need startup capital, browse our List of Indiana Angel Investors and our List of Indiana Venture Capital Firms.

How to Sell

Mastering the art of selling is priority one if you want your new Greenfield business to do well.

Good selling involves demonstrating that your wares meet your customer's needs. Fortunately, we've got plenty of good advice to help you improve your selling skills.

How to Build and Motivate a Sales Team offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.

How to Improve Your Entrepreneurial Abilities

Good entrepreneurs recognize that what they know now may not be enough to ensure their future success.

As an entrepreneur who lives in Greenfield, Indiana, you will want to take advantage of the many programs available at nearby Indiana universities, colleges and community colleges. We also recommend you look into networking groups or organizations in which Greenfield entrepreneurs get together to network and trade their business experiences.

Never Give Up

Most new Greenfield 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 Greenfield and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Greenfield, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Greenfield, Indiana

Here are more links that we believe will help you be successful in starting a business in Greenfield.

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Additional Resources for Entrepreneurs

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Franchise Opportunities

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