Ohio Business Startup Guides
Start a Business in Struthers, Ohio
Are you starting a business in Struthers, Ohio? This article discusses the most important things to consider when opening a business in Struthers.
Struthers, Ohio Demographic Information
Struthers has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Struthers demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Struthers.
Businesses
As a new Struthers entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Struthers 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 Struthers Business?
We've created a useful website page for those who want to Buy a Business in Ohio. Follow that link and you may find several good businesses for sale in Struthers.
If you are headed down the path of buying a business, you may want to read this article: Buying a Business.
Company Formation in Struthers, Ohio
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. A key decision is whether to form and S-Corp or a C-Corp, and you also must decide in which state you will incorporate. Just because you are starting a business in Ohio, you don't necessarily have to incorporate in Ohio. As it turns out, you can 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'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 Piercing the Corporate Veil. You may also want to seek the advice of an lawyer. On a final note, since you will be starting a business in Struthers, Ohio, our web page covering Incorporating in Ohio may be a useful resource if you decide to incorporate in Ohio.
Raising Money for Your New Venture
Obtaining startup financing for your Struthers business will be harder than you might expect. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.
Recognizing this challenge, this site contains dozens of articles on raising money, including one we recommend entitled Business Incubators.
For Struthers entrepreneurs on the hunt for startup funding, check out our List of Ohio Angel Investors and our List of Ohio Venture Capital Firms.
Promoting Your New Company
Whether your goal is to attract Struthers customers or you plan on selling elsewhere, you need a excellent marketing plan.
You can learn quite a bit about marketing on our site. Marketing Versus Sales discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. That's just a sampling of the many useful articles we have on Marketing a Small Business.
The Art of Selling
Mastering the art of selling is a must if you want your new Struthers business to do well.
Why should customers buy from you instead of buying from competitors? Fortunately, we've got plenty of good advice to help you improve your selling skills.
Hiring Good Sales People is worth reading, as it may give you some good ideas on how to sell your products or services. We have many more good articles on selling that you may enjoy reading.
Never Give Up
Most new Struthers businesses underestimate the number of challenges they will face.
From this point on, you control your own destiny.
We are here to help Struthers businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Struthers, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Struthers, Ohio
Here are more links that we believe will help you be successful in starting a business in Struthers.
- Resources for Struthers, Ohio Entrepreneurs - Browse a variety of resources we've collected to assist Struthers entrepreneurs.
- Ohio Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Ohio.
- Ohio Small Business Development Center - Whether you're starting your business, expanding your business, or just looking to stay in business, the Small Business Development Centers of Ohio (SBDCs of Ohio) can help with professional guidance by connecting you with research, financing sources, and training opportunities.
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