Washington Business Startup Guides
Opening a Business in Raymond, Washington
Contemplating starting a business in Raymond, Washington? We walk you through the process of opening a business in Raymond.
What Business to Start
There are many businesses that you can start. How do you know which type of business is right for you? To stir your creative juices on what kind of business to start, take a look at Finding Your Niche in Life.
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 Opening a Stone Cleaning & Restoration Contractor guide or our How to Start a Blueprinting Equipment Service & Repair Business guide.
Don't forget that your new startup will be located in Raymond. Some businesses will do better in Raymond than others. A critical consideration is whether Raymond demographics mesh well with your startup concept.
Raymond, Washington Demographic Information
Raymond has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Raymond demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Raymond.
Businesses
As a new Raymond entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Raymond 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 Buying an Existing Raymond Business?
We've created a useful website page for those who want to Buy a Business in Washington. Follow that link and you might discover several good businesses for sale in Raymond.
If you are serious about buying a business, you may want to read this article: How to Buy a Business.
Company Formation in Raymond, Washington
A critical step is ensuring that your business is formed as a legal entity that is separate from its owners. Without a legal structure for the business, you can be held personally liable for the actions, debts and obligations of your company.
The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
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 Washington, you don't necessarily have to incorporate in Washington. As it turns out, you are allowed to incorporate in the state of your choosing. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.
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 Dissolving a Corporation. You may also want to seek the advice of an lawyer. Finally, if you are starting a business in Raymond, Washington, our information on Incorporating in Washington may be a useful resource if you decide to incorporate in Washington.
Do You Need a Business Plan?
A business plan is essential in maximizing the prospects of your new company. 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.
If writing a business plan is on your to-do list, be sure to read Business Plan Contests. You can also get face-to-face free consulting available from your local SCORE chapter in Washington.
Marketing Your New Business
To rise above the crowd in Raymond and advance your business, you'll need to have a good marketing plan.
We have some excellent resources on this site for entrepreneurs who are working on marketing plans. Seven Marketing Ideas for Your Small Business is a good read to get your marketing creativity flowing. That's just a sampling of the many useful articles we have on Marketing a Small Business.
Never Give Up
You have a dream -- starting a business in Raymond. 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 Raymond 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 Raymond, Washington
Here are more links that we believe will help you be successful in starting a business in Raymond.
- Resources for Raymond, Washington Entrepreneurs - Browse a variety of resources we've collected to assist Raymond entrepreneurs.
- Washington Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Washington.
- Washington Small Business Development Center - Washington Small Business Development Centers promote economic vitality by providing advice, training and research to Washington entrepreneurs and existing Washington businesses.
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