Oregon Business Startup Guides
Start a Business in McKenzie Bridge, Oregon
Are you starting a business in McKenzie Bridge, Oregon? This article discusses the most important things to consider when opening a business in McKenzie Bridge.
Naming the Business
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.
Companies like Starbucks, Apple, Target, Microsoft and Intuit all have strong company names that are easy to remember and have become well-loved brands. Wouldn't it be nice if your new company name got on a similar track?
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Business.
As a final piece of advice, remember that because you are opening a business in McKenzie Bridge, it's critical that you ensure that your company name has not already been claimed by another Oregon business.
Forming a Company in McKenzie Bridge, Oregon
It's essential that you form your business as a legal structure. Doing so will shield you from personal liability for business debts and obligations.
When forming a company, you will pick from many company types, such as a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporating is a very common way to legally create a business entity. Of course, you have to decide which type of corporation to form and where to incorporate. If you are starting a business in Oregon, you don't necessarily have to incorporate in Oregon. In fact, you can incorporate in any state you would like to. 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 Incorporation Advice. You may also want to seek the advice of an attorney. On a final note, since you will be starting a business in McKenzie Bridge, Oregon, our web page covering Incorporating in Oregon may be a useful resource if you decide to incorporate in Oregon.
Do You Need a Business Plan?
Having a business plan is critical in maximizing the prospects of your new company. Simply put, your business plan is your game plan for how you hope to grow your business. Not having a business plan makes you more prone to becoming a business failure statistic.
To learn more about business plans, read Business Plan Mistakes. You should also take advantage of face-to-face free consulting available from your local SCORE chapter in Oregon.
Raising Money for Your New Venture
Raising money to fund your new McKenzie Bridge business is not an easy task. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.
Recognizing this challenge, this site contains dozens of articles on raising money, including one we recommend entitled 504 Loans.
For McKenzie Bridge entrepreneurs with great ambition but a shortage of investment capital, check out our List of Oregon Angel Investors and our List of Oregon Venture Capital Firms.
Advancing Your Entrepreneurial Skills
Good business owners recognize that they need to continually improve.
Given that you are starting a business in McKenzie Bridge, Oregon, you should get information on some of the many programs available at nearby Oregon universities, colleges and community colleges. You should also check if there are any networking organizations for McKenzie Bridge entrepreneurs.
Now It's Up To You
As an entrepreneur in McKenzie Bridge, you won't be working for the boss anymore. You are the boss.
From this point on, you control your own destiny.
Our goal here is to promote the vitality and growth of small businesses in McKenzie Bridge and throughout the United States . We want to be there for you to answer your business questions, whether you are a new McKenzie Bridge 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 McKenzie Bridge, Oregon
Here are more links that we believe will help you be successful in starting a business in McKenzie Bridge.
- Resources for McKenzie Bridge, Oregon Entrepreneurs - Browse a variety of resources we've collected to assist McKenzie Bridge entrepreneurs.
- Oregon Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Oregon.
- Oregon Small Business Development Center - Oregon Small Business Development Centers use a client-centered approach to deliver counseling, training, information and technical assistance in all aspects of small business management. There is no fee for their assistance.
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