Kentucky Business Startup Guides
Opening a Business in Tompkinsville, Kentucky
Contemplating starting a business in Tompkinsville, Kentucky? We walk you through the process of opening a business in Tompkinsville.
Tompkinsville, Kentucky Demographic Information
Tompkinsville has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Tompkinsville demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Tompkinsville.
Businesses
As a new Tompkinsville entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Tompkinsville 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
Is a Franchise Opportunity Right For You?
Visit the business district of Tompkinsville and you may be surprised to see how many franchises there are in the area. But is franchising the right option for you?
We highly recommend you investigate buying a franchise. We have many articles on franchises, such as The Disadvantages of Franchise Ownership. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.
You can find franchise opportunities by browsing our Franchise Opportunities Directory.
Sample franchise opportunities include Tile Outlet Always in Stock and Quik Internet. Alternatively, you can browse franchise categories, such as Fitness Franchises and Mail and Shipping Services Franchises.
Note on Tompkinsville Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Tompkinsville.
Should You Buy an Existing Tompkinsville Business?
An excellent way to get started in business is to Buy a Business in Kentucky. Follow that link and you may find several good businesses for sale in Tompkinsville.
Before buying a business, be sure to read this article: Buying a Business.
Where to Get Money to Start a Company
Getting your Tompkinsville business the capital it needs to succeed is not an easy task. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.
To learn about raising money, we recommend you read the fundraising articles on our site, such as Business Cash Advances.
For Tompkinsville entrepreneurs who need startup capital, check out our List of Kentucky Angel Investors and our List of Kentucky Venture Capital Firms.
Promoting Your New Company
Whether your goal is to attract Tompkinsville customers or you plan on selling elsewhere, you need a excellent marketing plan.
You can learn quite a bit about marketing on our site. Print Advertising 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 a taste of the many useful articles we have on Marketing a Small Business.
Bring in Revenues
Mastering the art of selling is essential if you want your new Tompkinsville business to do well.
Not knowing how to sell can result in lost customers and minimal market share. Let us help you refine your selling techniques through our many useful sales advice tips.
Sales Training is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.
Learning More About Entrepreneurship
Good entrepreneurs know that what they know now may not be enough to ensure their future success.
Given that you are starting a business in Tompkinsville, Kentucky, you will want to take advantage of the many programs available at nearby Kentucky universities, colleges and community colleges. It's also smart to see if there are any networking organizations for Tompkinsville entrepreneurs.
Never Give Up
Most new Tompkinsville 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 Tompkinsville 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 Tompkinsville, Kentucky
Here are more links that we believe will help you be successful in starting a business in Tompkinsville.
- Resources for Tompkinsville, Kentucky Entrepreneurs - Browse a variety of resources we've collected to assist Tompkinsville entrepreneurs.
- Kentucky Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Kentucky.
- Kentucky Small Business Development Center - The Kentucky Small Business Development Center (KSBDC) has been assisting Kentucky small business community for more than 25 years. KSBDC is co-sponsored by the U.S. Small Business Administration and is administered by the University of Kentucky in partnership with regional universities, community and private colleges, and the private sector.
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