Alabama Business Startup Guides
Open a Business in Stevenson, Alabama
Need help starting a business in Stevenson, Alabama? We've got the information you need to open a business in Stevenson.
Stevenson, Alabama Demographic Information
Stevenson has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Stevenson demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Stevenson.
Businesses
As a new Stevenson entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Stevenson 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 Stevenson Business?
An excellent way to get started in business is to Buy a Business in Alabama. Follow that link and you may find several good businesses for sale in Stevenson.
For anybody who wants to buy a business, we recommend reading this useful article: How to Buy 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.
Even if the name doesn't do it by itself, many naming experts believe there should be a story behind the name that ties into your company mission.
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Business.
On a final note, given that you are starting a business in Stevenson, it's imperative that you check now that you will be the only Alabama company using the business name you have chosen.
Forming a Company in Stevenson, Alabama
It's very important 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.
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. If you are starting a business in Alabama, it doesn't mean you are required to incorporate in Alabama. In fact, you are allowed to incorporate wherever you want. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.
There are many nuances to forming a company. To learn the fundamentals of company formation, browse articles on our site, such as Incorporation Advice. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Stevenson, Alabama, our information on Incorporating in Alabama may be a useful resource if you decide to incorporate in Alabama.
Where to Get Money to Start a Company
Finding the funds to fuel the growth of your Stevenson business is a difficult chore. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.
On the bright side, this site contains dozens of articles on raising money, including one we recommend entitled Microlending as a Small Business Funding Source.
For Stevenson entrepreneurs on the hunt for startup funding, we have assembled a List of Alabama Angel Investors and our List of Alabama Venture Capital Firms.
Building Up Your Sales
Mastering the art of selling is priority one if you want your new Stevenson 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.
Effective Sales Presentations offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.
Now It's Up To You
Most new Stevenson businesses underestimate the number of challenges they will face.
Owning your own business will be a daunting task, but you can do it.
We are here to help Stevenson businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Stevenson, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Stevenson, Alabama
Here are more links that we believe will help you be successful in starting a business in Stevenson.
- Resources for Stevenson, Alabama Entrepreneurs - Browse a variety of resources we've collected to assist Stevenson 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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