South Carolina Business Startup Guides
Starting a Business in Loris, South Carolina
Thinking about starting a business in Loris, South Carolina? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Loris.
Loris, South Carolina Demographic Information
Loris has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Loris demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Loris.
Businesses
As a new Loris entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Loris 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 Loris Business?
An excellent way to get started in business is to Buy a Business in South Carolina. Follow that link and you may find several good businesses for sale in Loris.
For anybody who wants to buy a business, we recommend reading this useful article: Hold Harmless Agreements When Buying Businesses.
Naming the Company
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.
Company names should be fun to say, and they should help people to understand what you do and how you differentiate yourself in the market.
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Company.
On a final note, given that you are starting a business in Loris, it's imperative that you check now that your company name has not already been claimed by another South Carolina business.
Don't Forget to Create a Business Plan
A business plan is critical in laying a solid foundation for your business success. Simply put, a business plan describes what you plan to do with the business and how you plan to do it. Starting a business without a business plan is a recipe for disaster.
To learn more about business plans, read The Art of the Executive Summary. A great resource for business planning assistance is the face-to-face free consulting available from your local SCORE chapter in South Carolina.
Where to Get Money to Start a Company
Raising money to fund your new Loris 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.
To learn about raising money, we recommend you read the fundraising articles on our site, such as Attracting Investors.
For Loris entrepreneurs who need startup capital, check out our List of South Carolina Angel Investors and our List of South Carolina Venture Capital Firms.
Marketing Your New Venture
Whether your goal is to attract Loris customers or you plan on selling elsewhere, you need a excellent marketing plan.
You can learn quite a bit about marketing on our site. Making the Most of Trade Shows discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. That's just a sampling of the many useful articles we have on Marketing a Small Business.
The Art of Selling
Mastering the art of selling is priority one if you want your new Loris business to do well.
Good selling involves demonstrating that your wares meet your customer's needs. The good news is we can help you to make selling a big competitve advantage for your new firm.
Writing Great Proposals is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.
Next Steps
Most new Loris 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.
Our goal here is to promote the vitality and growth of small businesses in Loris and throughout the United States . We want to be there for you to answer your business questions, whether you are a new Loris 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 Loris, South Carolina
Here are more links that we believe will help you be successful in starting a business in Loris.
- Resources for Loris, South Carolina Entrepreneurs - Browse a variety of resources we've collected to assist Loris entrepreneurs.
- South Carolina Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in South Carolina.
- South Carolina Small Business Development Center - The South Carolina Small Business Development Center provides consulting services to small and medium enterprises through more than 14 locations across the state.
Starting-a-Business Guides for Other Cities in South Carolina
Starting a Business in Lexington
Starting a Business in Manning
Browse All Business Startup Guides for South Carolina
Starting a Business Guides for Other States
Share this article
Additional Resources for Entrepreneurs