Alabama Business Startup Guides
Start a Business in Rogersville, Alabama
Are you starting a business in Rogersville, Alabama? This article discusses the most important things to consider when opening a business in Rogersville.
Will You Be a Good Entrepreneur?
Before quitting your day job, assess your entrepreneurial instincts and capabilities.
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 Rogersville. They are usually very willing to share their insights on the ups and downs of being an entrepreneur.
- Peruse Why Small Businesses Fail. This is one of our more popular articles for folks who want to go into business for themselves.
- Get feedback from somebody whom you trust. Others sometimes know you better than you know yourself.
Rogersville, Alabama Demographic Information
Rogersville has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Rogersville demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Rogersville.
Businesses
As a new Rogersville entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Rogersville 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 Rogersville Business?
We've created a helpful website page for those who want to Buy a Business in Alabama. Follow that link and you may find several good businesses for sale in Rogersville.
Before buying a business, be sure to read this article: How to Buy a Business.
Choosing a Company Name
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.
Company names need to be easy to spell, easy to pronounce, and easy to remember.
For other considerations regarding naming a company, we recommend this article: Branding Advice.
On a final note, given that you are opening a business in Rogersville, it's very important that you make sure your company name has not already been claimed by another Alabama business.
Company Formation in Rogersville, Alabama
It's essential that your business is formed as a legal entity that is separate from its owners. 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 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 Alabama, you don't necessarily have to incorporate in Alabama. As it turns out, you can 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 Avoiding Personal Liability in Business. You may also want to seek the advice of an attorney. On a final note, since you will be starting a business in Rogersville, Alabama, our web page covering Incorporating in Alabama may be a useful resource if you decide to incorporate in Alabama.
Where to Get Money to Start a Company
Raising money to fund your new Rogersville business requires strong organization skills and perseverance. The reality is that there is very little funding available for new small businesses, and you have to explore every possible alternative.
Take advantage of our many articles on finding startup capital, such as Business Incubators.
For Rogersville entrepreneurs on the hunt for startup funding, check out our List of Alabama Angel Investors and our List of Alabama Venture Capital Firms.
What's Next?
You have a dream -- starting a business in Rogersville. 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 Rogersville and throughout the United States . We want to be there for you to answer your business questions, whether you are a new Rogersville 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 Rogersville, Alabama
Here are more links that we believe will help you be successful in starting a business in Rogersville.
- Resources for Rogersville, Alabama Entrepreneurs - Browse a variety of resources we've collected to assist Rogersville entrepreneurs.
- Alabama Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Alabama.
- Alabama Small Business Development Center - Alabama's Small Business Development Center (SBDC) counsels and trains business people in a wide variety of business topics and provides comprehensive information services and access to experts in many fields. Counseling is provided free of charge to all Alabama small business owners.
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