West Virginia Business Startup Guides

Opening a Business in Montgomery, West Virginia

Contemplating starting a business in Montgomery, West Virginia? We walk you through the process of opening a business in Montgomery.

What Type of Business Should You Start?

Choosing a business that is right for you is very important. You might get some good ideas about what kind of business to start by reading Free 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 an Air Conditioning Parts & Supplies Business guide or our Opening a Comic Books Shop guide.

Don't forget that starting a business in Montgomery has some implications. The business you want to start may already be well-represented in Montgomery. Make sure you fully understand Montgomery demographics before you lock in on your business idea.

Montgomery, West Virginia Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
1368
5-9 Employees
528
10-19 Employees
432
20-49 Employees
108
50-99 Employees
36
100-249 Employees
0
250-499 Employees
36
500-999 Employees
0
1000+ Employees
0
All Montgomery Businesses
2508

As a new Montgomery entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Montgomery 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
Automotive Parts and Accessories Stores
1
Beauty Salons
1
Book Stores
1
Business Associations
1
Cemeteries and Crematories
1
Civic and Social Organizations
2
Florists
2
Food Service Contractors
1
Full-Service Restaurants
2
Funeral Homes and Funeral Services
3
Furniture Stores
1
General Automotive Repair
1
General Medical and Surgical Hospitals
1
Hardware Stores
1
Insurance Agencies and Brokerages
2
Limited-Service Restaurants
4
Natural Gas Distribution
1
New Car Dealers
1
Nursing Care Facilities
1
Offices of Dentists
2
Offices of Optometrists
1
Pharmacies and Drug Stores
1
Radio Stations
1
Ready-Mix Concrete Manufacturing
1
Taxi Service
1
Video Tape and Disc Rental
1
Wired Telecommunications Carriers
1

Have You Considered Buying an Existing Montgomery Business?

If you have some capital to play with, you may want to Buy a Business in West Virginia. Follow that link and you may find several good businesses for sale in Montgomery.

If you are headed down the path of buying a business, you may want to read this article: Hold Harmless Agreements When Buying Businesses.

Startup Financing Basics

Getting your Montgomery business the capital it needs to succeed 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.

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

For Montgomery entrepreneurs who need startup capital, check out our List of West Virginia Angel Investors and our List of West Virginia Venture Capital Firms.

Marketing Your New Venture

To grow your Montgomery business, having an excellent marketing plan is fundamental to your successs.

You can learn quite a bit about marketing on our site. How to Market to Accountants and CPAs is a good read to get your marketing juices flowing. That's just a sampling of the many useful articles we have on Marketing a Small Business.

The Art of Selling

Being able to sell is critical to your business success. Whether you are focused on selling local customers in Montgomery or are selling to customers throughout West Virginia, the United States or even the world, you have to be able to sell.

Clever sales techniques can transform any business from good to great. Fortunately, we've got plenty of good advice to help you improve your selling skills.

How to Build and Motivate a Sales Team offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.

How to Improve Your Entrepreneurial Abilities

The best business owners recognize that they don't know everything.

With your business being located in Montgomery, West Virginia, you will want to take advantage of the many programs available at nearby West Virginia universities, colleges and community colleges. It's also worthwhile to see if there are any Montgomery networking organizations.

Now It's Up To You

You have a dream -- starting a business in Montgomery. To achieve your dream, you have to persevere, even when the odds are against you.

From this point on, you control your own destiny.

Our goal here is to promote the vitality and growth of small businesses in Montgomery and throughout the United States . 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 Montgomery, West Virginia

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

More Business Startup Guides for West Virginia

Starting a Business in Martinsburg
Starting a Business in Moorefield

Browse All Business Startup Guides for West Virginia
Starting a Business Guides for Other States

 

 

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