Wisconsin Business Startup Guides
Opening a Business in Marinette, Wisconsin
Contemplating starting a business in Marinette, Wisconsin? We walk you through the process of opening a business in Marinette.
Marinette, Wisconsin Demographic Information
Marinette has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Marinette demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Marinette.
Businesses
As a new Marinette entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Marinette 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
What About Franchising Opportunities?
As you drive around Marinette, you'll notice that many local entrepreneurs have gone the franchising route. But is franchising the right option for you?
Our recommendation is that you consider franchising as an option. To help you learn more about franchising, we've gathered a ton of articles on franchising, including Franchise Law. 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 Bally Fitness Franchising, Inc. and Odyssey Art Centers. Alternatively, you can browse franchise categories, such as Apparel Franchises and Healthcare Franchises.
Note on Marinette Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Marinette.
Selecting a Name For Your Startup
A big decision when starting a company is choosing a company name. Believe it or not, choosing a good company name can be a big contributor to your business success.
Even if the name doesn't do it by itself, many naming experts believe there should be a story behind the name that ties into your company mission.
For other considerations regarding naming a company, we recommend this article: Branding Advice.
As a final piece of advice, remember that because you are planning on starting a business in Marinette, it's very important that you make sure you will be the only Wisconsin company using the business name you have chosen.
Company Formation in Marinette, Wisconsin
It's essential that you choose the right legal structure for your new entity. Among other things, forming a legal entity for the business limits your liabilities.
The entity you form can be a corporation, LLC, sole proprietorship, partnership or other structure.
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 Wisconsin, you don't necessarily have to incorporate in Wisconsin. In fact, you can incorporate in any state you would like to. For example, it's very popular to incorporate in Delaware, and incorporating in Nevada has become very trendy as well. Don't forget, though, that you will have to register as a foreign entity in all states that you do business in.
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 C Corp Versus S Corp. You should also consider getting professional assistance from your business lawyer. Finally, if you are starting a business in Marinette, Wisconsin, our information on Incorporating in Wisconsin may be a useful resource if you decide to incorporate in Wisconsin.
Raising Capital for Your Venture
Finding the funds to fuel the growth of your Marinette business 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.
Take advantage of our many articles on raising money, such as 504 Loans.
For Marinette entrepreneurs in need of startup financing, check out our List of Wisconsin Angel Investors and our List of Wisconsin Venture Capital Firms.
Marketing Your New Venture
Whether your goal is to attract Marinette customers or you plan on selling elsewhere, having an excellent marketing plan is fundamental to your succeeding.
There are myriad resources on this site to help you with your marketing plan. Customer Loyalty Programs is a good read to get your marketing thoughts flowing. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.
Next Steps
You have a dream -- starting a business in Marinette. To achieve your dream, you have to persevere, even when the odds are against you.
Owning your own business will be a daunting task, but you can do it.
This site is all about helping entrepreneurs in Marinette and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Marinette, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Marinette, Wisconsin
Here are more links that we believe will help you be successful in starting a business in Marinette.
- Resources for Marinette, Wisconsin Entrepreneurs - Browse a variety of resources we've collected to assist Marinette entrepreneurs.
- Wisconsin Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Wisconsin.
- Wisconsin Small Business Development Center - Wisconsin Small Business Development Centers offer a variety of educational services to small-businesses. The low-cost courses, seminars, and workshops cover both basic and complex topics, from marketing to management techniques to business plan development.
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