Colorado Business Startup Guides
Opening a Business in Silverton, Colorado
Contemplating starting a business in Silverton, Colorado? We walk you through the process of opening a business in Silverton.
Is Becoming an Entrepreneur Right for You?
Being an entrepreneur is demanding, much harder than working as an employee. Are you positive you want to start a business?
To determine whether you have what it takes to run a business, we recommend these three steps to help you decide:
- Talk to other entrepreneurs in Silverton. Get their take on what it's really like to be an entrepreneur.
- We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
- Get feedback from somebody whom you trust. That's the best way to get a truly objective assessment as to whether others think you have what it takes.
Silverton, Colorado Demographic Information
Silverton has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Silverton demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Silverton.
Businesses
As a new Silverton entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Silverton 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
Have You Considered Buying an Existing Silverton Business?
If you have some capital to play with, you may want to Buy a Business in Colorado. Follow that link and you may find several good businesses for sale in Silverton.
If you are serious about buying a business, you may want to read this article: Buying a Business.
Naming the Business
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.
We strongly advocate that you make sure the ".com" domain name is available for your company name. Every business needs a strong Web presence these days, and having a non ".com" domain means somebody else may outrank you in the search results for your own company name.
Numerous company naming issues are discussed in more detail in this article: Naming a Company.
There's one other important factor when naming a business. Since you are starting a business in Silverton, it's critical that you ensure that no other Colorado company is using the business name you want to use.
Startup Financing Basics
Getting your Silverton business the capital it needs to succeed is a difficult chore. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.
Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled Getting a Small Business Loan.
For Silverton entrepreneurs on the hunt for startup funding, check out our List of Colorado Angel Investors and our List of Colorado Venture Capital Firms.
Increase Your Entrepreneurial Knowledge
Good business owners recognize that they don't know everything.
Given that you are starting a business in Silverton, Colorado, you will want to take advantage of the many programs available at nearby Colorado universities, colleges and community colleges. It's also beneficial to see if there are any networking organizations for Silverton entrepreneurs.
Moving Forward
As an entrepreneur in Silverton, you won't be working for the boss anymore. You are the boss.
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 Silverton and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Silverton, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Silverton, Colorado
Here are more links that we believe will help you be successful in starting a business in Silverton.
- Resources for Silverton, Colorado Entrepreneurs - Browse a variety of resources we've collected to assist Silverton entrepreneurs.
- Colorado Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Colorado.
- Colorado Small Business Development Center - The Colorado Small Business Development Center (SBDC) Network is dedicated to helping small businesses throughout Colorado achieve their goals by providing free confidential counseling and various training programs.
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