Florida Business Startup Guides
Open a Business in Homestead, Florida
Need help starting a business in Homestead, Florida? We've got the information you need to open a business in Homestead.
What Type of Business Should You Start?
Choosing a business that is right for you is very important. To stir your creative juices on what kind of business to start, take a look at Evaluating Your Idea.
For in-depth how-to guides on how to start specific businesses, browse our Good Businesses to Start section of our site. For example, you might be interested in our How to Start a Metropolitan Church guide or our Opening a Motion Picture Properties Business guide.
Remember that starting a business in Homestead has some implications. Some businesses will do better in Homestead than others. Make sure you fully understand Homestead demographics before you lock in on your business idea.
Homestead, Florida Demographic Information
Homestead has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Homestead demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Homestead.
Businesses
As a new Homestead entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Homestead 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 Buy an Existing Homestead Business?
We've created a handy website page for those who want to Buy a Business in Florida. Follow that link and you can review several good businesses for sale in Homestead.
If you are serious about buying a business, you may want to read this article: Hold Harmless Agreements When Buying Businesses.
Choosing a Company 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.
Company names need to be easy to spell, easy to pronounce, and easy to remember.
For other considerations regarding naming a company, we recommend this article: Naming a Company.
On a final note, given that you are planning on starting a business in Homestead, it's very important that you make sure no other Florida company is using the business name you want to use.
Company Formation in Homestead, Florida
A critical step is ensuring that you are forming a legal entity that operates independently from you. Doing so will shield you from personal liability for business debts and obligations.
The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporating is a very popular way to form a business. Of course, you have to decide which type of corporation to form and where to incorporate. Just because you are starting a business in Florida, you don't necessarily have to incorporate in Florida. As it turns out, you are allowed to incorporate wherever you want. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.
There's a lot to know about forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Dissolving a Corporation. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Homestead, Florida, our information on Incorporating in Florida may be a useful resource if you decide to incorporate in Florida.
Marketing Your New Company
To grow your Homestead business, having an excellent marketing plan is fundamental to your successs.
There are myriad resources on this site to help you with your marketing plan. Six Tips for Getting Customer Testimonials is a good read to get your marketing creativity flowing. That's just a sampling of the many useful articles we have on Marketing a Small Business.
Learning More About Entrepreneurship
The best entrepreneurs know that they don't know everything.
With your business being located in Homestead, Florida, you will want to take advantage of the many programs available at nearby Florida universities, colleges and community colleges. It's also worthwhile to see if there are any Homestead networking organizations.
Next Steps
You have a dream -- starting a business in Homestead. To achieve your dream, you have to persevere, even when the odds are against you.
From this point on, you control your own destiny.
Our goal here is to promote the vitality and growth of small businesses in Homestead and throughout the United States . We want to be there for you to answer your business questions, whether you are a new Homestead entrepreneur who is just getting started or you are already up and running with your new venture.
More Entrepreneurial Resources for Starting a Business in Homestead, Florida
Here are more links that we believe will help you be successful in starting a business in Homestead.
- Resources for Homestead, Florida Entrepreneurs - Browse a variety of resources we've collected to assist Homestead entrepreneurs.
- Florida Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Florida.
- Florida Small Business Development Center - The Florida Small Business Development Center Network (FSBDCN) is a statewide economic development partnership between higher education and other stakeholder organizations dedicated to providing entrepreneurs and established businesses with the assistance needed to start, grow and succeed, contributing to the Florida economy.
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