Colorado Business Startup Guides
Starting a Business in Thornton, Colorado
Thinking about starting a business in Thornton, Colorado? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Thornton.
Will You Be a Good Entrepreneur?
Being an entrepreneur is hard work, much more challenging than working as an employee. Are you sure you have the stamina and skills to succeed on your own?
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 Thornton. They are usually very willing to share their insights on the ups and downs of being an entrepreneur.
- Peruse Characteristics of Successful Entrepreneurs. This is one of our more popular articles for folks who want to go into business for themselves.
- Seek the advice of somebody who knows you well. Others sometimes know you better than you know yourself.
Which Business to Choose?
An important decision is what kind of business you want to start. To stir your creative juices on what kind of business to start, take a look at Business Ideas That Don't Make Sense.
For step-by-step instructions on starting a variety of business types, visit the Good Businesses to Start section of our site. For example, you might be interested in our How to Start an Uniform Retail Business guide or our How to Start a Vascular Medicine Physicians & Surgeons Practice guide.
Don't forget that Thornton is the place where you are starting a business. Some businesses will do better in Thornton than others. Make sure you fully understand Thornton demographics before you lock in on your business idea.
Should You Franchise?
Browse the Yellow Pages for Thornton and it's apparent that franchising has become a very popular way to start a business. So, it probably makes sense for you to consider franchising too.
Most business experts recommend that you consider franchising as an option. On our site, you can read many articles about franchising, such as Why Franchises Fail. Get a thorough education on franchising by browsing all of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Sample franchise opportunities include Precision Concrete Cutting and Aire Serv Heating and Air Conditioning, Inc.. Alternatively, you can browse franchise categories, such as Business Services Franchises and Child Education and Tutoring Franchises.
Note on Thornton Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Thornton.
Make Sure You Have a Business Plan
Writing a business plan is essential in maximizing the prospects of your new company. Indeed, your business plan is your game plan for how you hope to grow your business. Starting a business without a business plan will greatly reduce your chances of business success.
To learn more about business plans, read Business Plan Contests. You should also take advantage of free counseling sessions provided by your local SCORE chapter in Colorado.
Getting Money to Start a Business
Getting your Thornton business the capital it needs to succeed is not an easy task. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.
Take advantage of our many articles on securing funding, such as 504 Loans.
For Thornton entrepreneurs in need of startup financing, we have assembled a List of Colorado Angel Investors and our List of Colorado Venture Capital Firms.
What's Next?
As an entrepreneur in Thornton, 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.
We are here to help Thornton businesses to be successful. We have a wealth of experience in business start-ups, financing, marketing, sales and more...and we've made all of our knowledge available to you.
More Entrepreneurial Resources for Starting a Business in Thornton, Colorado
Here are more links that we believe will help you be successful in starting a business in Thornton.
- Resources for Thornton, Colorado Entrepreneurs - Browse a variety of resources we've collected to assist Thornton 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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