North Dakota Business Startup Guides
Opening a Business in Harvey, North Dakota
Contemplating starting a business in Harvey, North Dakota? We walk you through the process of opening a business in Harvey.
Are You Sure You Want to Do This?
Before you get too far along in the process, assess your entrepreneurial instincts and capabilities.
Before you move forward with starting a business, be sure to do these three things:
- Speak with other entrepreneurs in Harvey. Ask them candidly what it's like to run a business.
- 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. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.
Which Business to Choose?
An important decision is what kind of business you want to start. If you are struggling with what type of business to start, read Business Ideas That Don't Make Sense.
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 Starting a Boots & Shoes Repair Business guide or our Opening a Pile Driving Machinery & Equipment Business guide.
Don't forget that Harvey is the place where you are starting a business. Some businesses will do better in Harvey than others. Study Harvey demographics and do a competitive analysis as part of your startup planning process.
Harvey, North Dakota Demographic Information
Harvey has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Harvey demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Harvey.
Businesses
As a new Harvey entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Harvey 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
Naming the Business
A good company name can give a big boost to a new startup. It might seem like an easy thing to do, but there are many things to consider when naming a business.
Before you decide on a company name, run it by some prospective customers and see what they think. If they don't like it, it's probably a good idea to go back to the drawing board.
Numerous company naming issues are discussed in more detail in this article: Branding Advice.
On a final note, given that you are starting a business in Harvey, it's very important that you make sure no other North Dakota company is using the business name you want to use.
Where to Get Money to Start a Company
Getting your Harvey 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.
To learn about raising money, we recommend you read the fundraising articles on our site, such as Bank Credit Lines.
For Harvey entrepreneurs in need of startup financing, check out our List of North Dakota Angel Investors and our List of North Dakota Venture Capital Firms.
Improving Your Entrepreneurial Skillset
Good entrepreneurs recognize that they need to continually improve.
As an entrepreneur who lives in Harvey, North Dakota, you will want to take advantage of the learning programs at local North Dakota educational institutions. It's also worthwhile to see if there are any Harvey networking organizations.
Next Steps
You have a dream -- starting a business in Harvey. To achieve your dream, you have to persevere, even when the odds are against you.
If you choose the right business and love what you do, you will greatly increase your odds of success.
This site is all about helping entrepreneurs in Harvey and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Harvey, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Harvey, North Dakota
Here are more links that we believe will help you be successful in starting a business in Harvey.
- Resources for Harvey, North Dakota Entrepreneurs - Browse a variety of resources we've collected to assist Harvey entrepreneurs.
- North Dakota Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in North Dakota.
- North Dakota Small Business Development Center - The North Dakota Small Business Development Center's mission is to provide high quality business assistance in the form of counseling, training, and research to existing and prospective North Dakota small businesses.
More Startup Articles for North Dakota Cities
Starting a Business in Hankinson
Starting a Business in Hebron
Browse All Business Startup Guides for North Dakota
Starting a Business Guides for Other States
Share this article
Additional Resources for Entrepreneurs