North Carolina Business Startup Guides
Start a Business in Shelby, North Carolina
Are you starting a business in Shelby, North Carolina? This article discusses the most important things to consider when opening a business in Shelby.
Is Becoming an Entrepreneur Right for You?
Most new ventures fail, in part because the entrepreneur did not have the perseverance and abilities that are necessary to succeed. So, before you open a business, consider all of the implications of being an entrepreneur.
Because entrepreneurship is not for everyone, we recommend you do the following to help you assess whether you should move forward with starting a business:
- Talk to other entrepreneurs in Shelby. Get their take on what it's really like to be an entrepreneur.
- We recommend reading Should You Become an Entrepreneur?. For aspiring new entrepreneurs, it's a must read article.
- Have a candid conversation with friends and family. That's the best way to get a truly objective assessment as to whether others think you have what it takes.
Shelby, North Carolina Demographic Information
Shelby has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Shelby demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Shelby.
Businesses
As a new Shelby entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Shelby 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 Shelby Business?
An excellent way to get started in business is to Buy a Business in North Carolina. Follow that link and you may find several good businesses for sale in Shelby.
Before buying a business, be sure to read this article: Buying a Business.
Selecting a Name For Your Venture
A big decision when starting a company is choosing a company name. Believe it or not, choosing a good company name can be a big contributor to your business success.
Pick a company name that isn't too generic. If you do a search engine search for your proposed name and a billion results come up, you may want to reconsider the name. It's much easier to come up in the search engines when your name is fairly unique.
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Branding Advice.
As a final piece of advice, remember that because you are starting a business in Shelby, it's imperative that you check now that no other North Carolina company is using the business name you want to use.
Raising Funding for Your Venture
Getting your Shelby business the capital it needs to succeed is very difficult due to the ongoing business credit crunch. In fact, financing your new business may be the hardest challenge you ever face.
Recognizing this challenge, this site contains dozens of articles on raising money, including one we recommend entitled Getting a Small Business Loan.
For Shelby entrepreneurs who want to raise money for a new venture, check out our List of North Carolina Angel Investors and our List of North Carolina Venture Capital Firms.
Marketing Your New Venture
Whether your goal is to attract Shelby customers or you plan on selling elsewhere, you need a excellent marketing plan.
We have some helpful resources on this site for entrepreneurs who are working on marketing plans. Telemarketing Service Costs discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. That's just one of the many useful articles we have on Marketing a Small Business.
Building Up Your Sales
Mastering the art of selling is essential if you want your new Shelby business to do well.
So what does it take to bring in more prospects and close more business? The good news is we can help you to make selling a big competitve advantage for your new firm.
Hiring Telemarketing Firms to Generate Sales Leads offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.
Moving Forward
Most new Shelby businesses underestimate the number of challenges they will face.
From this point on, you control your own destiny.
This site is all about helping entrepreneurs in Shelby and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Shelby 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 Shelby, North Carolina
Here are more links that we believe will help you be successful in starting a business in Shelby.
- Resources for Shelby, North Carolina Entrepreneurs - Browse a variety of resources we've collected to assist Shelby entrepreneurs.
- North Carolina Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in North Carolina.
- North Carolina SBA - With offices in Charlotte, Wilmington, Raleigh and Asheville, the SBA organizes many events and provides useful resources for new entrepreneurs and growing businesses throughout North Carolina.
More Startup Articles for North Carolina Cities
Starting a Business in Shallotte
Starting a Business in Siler City
Browse All Business Startup Guides for North Carolina
Starting a Business Guides for Other States
Share this article
Additional Resources for Entrepreneurs