Missouri Business Startup Guides
Opening a Business in Mercer, Missouri
Contemplating starting a business in Mercer, Missouri? We walk you through the process of opening a business in Mercer.
Do You Have Entrepreneurial Drive and Passion?
Most new companies fail, in part because the entrepreneur did not have the tenacity and/or the skills 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:
- Reach out to other entrepreneurs in Mercer. Get their candid feedback on what it takes to start a successful business.
- Peruse Should You Become an Entrepreneur?. This is one of our more popular articles for folks who want to go into business for themselves.
- Have a candid conversation with friends and family. A support network of family and friends can be a great sounding board for good advice before you decide for sure to go into business.
What Business Are You Starting?
Choosing a business that is right for you is very important. To help you decide on a business type, we encourage you to read How to Evaluate a Business Idea.
If you still are not sure what type of business to start, peruse the Good Businesses to Start section of our site. For example, you might be interested in our Starting a Business Information Business guide or our How to Start a Plaster Craft Products & Supplies Business guide.
Always keep in mind that your new startup will be located in Mercer. The business you want to start may already be well-represented in Mercer. Make sure you fully understand Mercer demographics before you lock in on your business idea.
Mercer, Missouri Demographic Information
Mercer has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Mercer demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Mercer.
Businesses
As a new Mercer entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Mercer 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
Raising Capital for Your Startup
Getting your Mercer business the capital it needs to succeed will be harder than you might expect. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.
The good news is this site contains dozens of articles on raising money, including one we recommend entitled Microlending as a Small Business Funding Source.
For Mercer entrepreneurs in need of startup financing, we have assembled a List of Missouri Angel Investors and our List of Missouri Venture Capital Firms.
Marketing Your New Startup
To rise above the crowd in Mercer and grow your business, having an excellent marketing plan is fundamental to your successs.
You can learn quite a bit about marketing on our site. Music on Hold 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 taste of the many useful articles we have on Marketing a Small Business.
Bring in Revenues
Mastering the art of selling is priority one if you want your new Mercer business to do well.
So what does it take to bring in more prospects and close more business? Let us help you refine your selling techniques through our many useful sales advice tips.
Writing Great Proposals offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.
Now It's Up To You
Most new Mercer 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 Mercer and elsewhere to achieve real success. We have a wealth of experience in business start-ups, financing, marketing, sales and more...and we've made all of our knowledge available to you.
More Entrepreneurial Resources for Starting a Business in Mercer, Missouri
Here are more links that we believe will help you be successful in starting a business in Mercer.
- Resources for Mercer, Missouri Entrepreneurs - Browse a variety of resources we've collected to assist Mercer entrepreneurs.
- Missouri Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Missouri.
- Missouri Small Business Development Center - Missouri Small Business Development Center business specialists are uniquely qualified to help small businesses get started, develop and thrive.
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