North Carolina Business Startup Guides

Starting a Business in Marshall, North Carolina

Thinking about starting a business in Marshall, North Carolina? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Marshall.

What Business Are You Starting?

There are many businesses that you can start. How do you know which type of business is right for you? We recommend that you read Good Business Ideas.

For step-by-step instructions on starting a variety of business types, visit the Good Businesses to Start section of our site. For example, you might be interested in our Starting a Marine Salvage Business guide or our Opening a Spill Control Equipment & Supplies Business guide.

Remember that your new business will be in Marshall. Some businesses will do better in Marshall than others. Make sure you fully understand Marshall demographics before you lock in on your business idea.

Marshall, North Carolina Demographic Information

Marshall has an active business community that includes small businesses, mid-sized businesses and large businesses.

To give you a better feel for Marshall demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Marshall.

Business Size
# of
Businesses
1-4 Employees
3685
5-9 Employees
759
10-19 Employees
396
20-49 Employees
66
50-99 Employees
165
100-249 Employees
33
250-499 Employees
0
500-999 Employees
0
1000+ Employees
0
All Marshall Businesses
5104

As a new Marshall entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Marshall 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.

Business Type
# of
Businesses
Apprenticeship Training
1
Art Dealers
1
Baked Goods Stores
1
Beauty Salons
1
Car Washes
1
Caterers
1
Child and Youth Services
2
Child Day Care Services
1
Civic and Social Organizations
1
Continuing Care Retirement Communities
1
Convention and Trade Show Organizers
1
Drilling Oil and Gas Wells
1
Drinking Places (Alcoholic Beverages)
1
Electrical Contractors
3
Electronic Shopping
1
Finish Carpentry Contractors
3
Full-Service Restaurants
4
Funeral Homes and Funeral Services
1
General Automotive Repair
1
General Freight Trucking, Local
2
Hardware Stores
1
Home Centers
1
Home Health Care Services
2
Insurance Agencies and Brokerages
3
Internet Publishing and Broadcasting
1
Janitorial Services
2
Land Subdivision
1
Landscaping Services
1
Limited-Service Restaurants
2
Mail-Order Houses
1
New Car Dealers
1
Newspaper Publishers
1
Nursing Care Facilities
1
Office Administrative Services
1
Offices of Dentists
1
Offices of Lawyers
2
Petroleum Bulk Stations and Terminals
1
Residential Remodelers
2
Sawmills
1
Site Preparation Contractors
2
Tax Preparation Services
1
Temporary Shelters
1
Video Tape and Disc Rental
1
Wholesale Trade Agents and Brokers
1

Naming the Company

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.

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.

As a final piece of advice, remember that because you are planning on starting a business in Marshall, it's imperative that you check now that your company name has not already been claimed by another North Carolina business.

Do You Need a Business Plan?

A business plan is vital to the health of your new business. Indeed, your business plan is your game plan for how you hope to grow your business. Not having a business plan is a recipe for disaster.

Before you start writing a business plan, we suggest you skim Business Plan Mistakes. A great resource for business planning assistance is the free counseling sessions provided by your local SCORE chapter in North Carolina.

Startup Financing Basics

Raising money to fund your new Marshall business will be harder than you might expect. In fact, financing your new business may be the hardest challenge you ever face.

Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled 504 Loans.

For Marshall entrepreneurs who need startup capital, you'll want to take a look at our List of North Carolina Angel Investors and our List of North Carolina Venture Capital Firms.

Marketing Your New Startup

Whether your goal is to attract Marshall customers or you plan on selling elsewhere, having an excellent marketing plan is fundamental to your beating the competition.

You can learn quite a bit about marketing on our site. Customer Loyalty Programs discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.

Moving Forward

Most new Marshall businesses underestimate the number of challenges they will face.

Owning your own business will be a daunting task, but you can do it.

We are here to help Marshall businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Marshall, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Marshall, North Carolina

Here are more links that we believe will help you be successful in starting a business in Marshall.

Starting-a-Business Guides for Other Cities in North Carolina

Starting a Business in Marion
Starting a Business in Marshville

Browse All Business Startup Guides for North Carolina
Starting a Business Guides for Other States

 

 

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