Ohio Business Startup Guides
Open a Business in Logan, Ohio
Need help starting a business in Logan, Ohio? We've got the information you need to open a business in Logan.
Is Becoming an Entrepreneur Right for You?
Most startup businesses don't make it, in part because the founder did not have the entrepreneurial skills and traits needed 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:
- Talk to other entrepreneurs in Logan. Get their take on what it's really like to be an entrepreneur.
- We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
- Get feedback from somebody whom you trust. That's the best way to get a truly objective assessment as to whether others think you have what it takes.
Choosing the Right Company to Start
Choosing a business that is right for you is very important. We recommend that you read How to Evaluate a Business Idea.
To view an extensive list of business types, complete with startup instructions, spend some time in the Good Businesses to Start section of our site. For example, you might be interested in our How to Start a Nanny Referral Service guide or our Opening an Auto Glass Replacement & Repair Business guide.
Remember that you are starting a business in Logan. Some businesses will do better in Logan than others. A critical consideration is whether Logan demographics mesh well with your startup concept.
Logan, Ohio Demographic Information
Logan has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Logan demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Logan.
Businesses
As a new Logan entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Logan 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
Is a Franchise Opportunity Right For You?
Browse the Yellow Pages for Logan and you may be surprised to see how many franchises there are in the area. But is franchising the right option for you?
We highly recommend you look into purchasing a franchise. We have many articles on franchises, such as The Disadvantages of Franchise Ownership. Become a franchising expert of sorts by reading more of our Articles on Franchising.
You can review hundreds of franchise opportunities by browing our Franchise Directory.
Representative franchise opportunities include Kidokinetics and Chester's International, LLC. Alternatively, you can browse franchise categories, such as Carpet Retail Franchises and Home Inspection Franchises.
Note on Logan Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Logan.
Forming a Company in Logan, Ohio
It's essential that your business is formed as a legal entity that is separate from its owners. Without a legal structure for the business, you can be held personally liable for the actions, debts and obligations of your company.
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. If you are starting a business in Ohio, you don't necessarily have to incorporate in Ohio. As it turns out, you can 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 are many nuances to forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as LLC Advantages. You may also want to seek the advice of an lawyer. Finally, if you are starting a business in Logan, Ohio, our information on Incorporating in Ohio may be a useful resource if you decide to incorporate in Ohio.
Building Up Your Sales
Mastering the art of selling is priority one if you want your new Logan business to do well.
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.
Sales Forecasting is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.
Moving Forward
Most new Logan businesses underestimate the number of challenges they will face.
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 Logan and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Logan, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Logan, Ohio
Here are more links that we believe will help you be successful in starting a business in Logan.
- Resources for Logan, Ohio Entrepreneurs - Browse a variety of resources we've collected to assist Logan entrepreneurs.
- Ohio Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Ohio.
- Ohio Small Business Development Center - Whether you're starting your business, expanding your business, or just looking to stay in business, the Small Business Development Centers of Ohio (SBDCs of Ohio) can help with professional guidance by connecting you with research, financing sources, and training opportunities.
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