Michigan Business Startup Guides
Start a Business in Warren, Michigan
Are you starting a business in Warren, Michigan? This article discusses the most important things to consider when opening a business in Warren.
Will You Be a Successful Entrepreneur?
An entrepreneurial life is demanding, much more challenging than working as an employee. Are you certain you want to go into business for yourself?
Because entrepreneurship is not for everyone, we recommend you do the following to help you assess whether you should move forward with starting a business:
- Talk to other entrepreneurs in Warren. They are usually very willing to share their insights on the ups and downs of being an entrepreneur.
- We recommend reading Should You Become an Entrepreneur?. For aspiring new entrepreneurs, it's a must read article.
- Have a candid conversation with friends and family. Others sometimes know you better than you know yourself.
What Business Are You Starting?
An important decision is what kind of business you want to start. If you are struggling with what type of business to start, read Finding Your Niche in Life.
If you still are not sure what type of business to start, peruse the Good Businesses to Start section of our site. For example, you might be interested in our Opening a Corrals Business guide or our How to Start a Desktop Publishing Business guide.
Remember that you are starting a business in Warren. Some businesses will do better in Warren than others. Study Warren demographics and do a competitive analysis as part of your startup planning process.
Warren, Michigan Demographic Information
Warren has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Warren demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Warren.
Businesses
As a new Warren entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Warren 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 Franchising a Better Option?
As you drive around Warren, it's apparent that franchising has become a very popular way to start a business. But is franchising the right option for you?
Most business experts recommend that you consider franchising as an option. We have many articles on franchises, such as Franchise Tradeshows. Become a franchising expert of sorts by reading more of our Articles on Franchising.
You can review hundreds of franchise opportunities by browing our Franchise Directory.
Representative franchise opportunities include Krieger's Your Hometown Sports Grill and Jo To Go. Alternatively, you can browse franchise categories, such as Apparel Franchises and Healthcare Franchises.
Note on Warren Franchise Opportunities: To find out if a franchise you are interested in is available in Warren, you will need to get in direct contact with the franchisor.
Startup Financing Basics
Getting your Warren business the capital it needs to succeed 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.
To learn about raising money, we recommend you read the fundraising articles on our site, such as Business Credit Evaluation.
For Warren entrepreneurs on the hunt for startup funding, check out our List of Michigan Angel Investors and our List of Michigan Venture Capital Firms.
Bring in Revenues
Do you know how to sell? In order to attract customers to your new Warren business, you need to focus on sales.
So what does it take to bring in more prospects and close more business? Fortunately, we've got plenty of good advice to help you improve your selling skills.
Sales Prospecting offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.
Advancing Your Entrepreneurial Skills
Good entrepreneurs recognize that they need to continually improve.
As an entrepreneur who lives in Warren, Michigan, you will want to take advantage of the many programs available at nearby Michigan universities, colleges and community colleges. It's also smart to see if there are any networking organizations for Warren entrepreneurs.
What's Next?
As an entrepreneur in Warren, you won't be working for the boss anymore. You are the boss.
Owning your own business will be a daunting task, but you can do it.
Our goal here is to promote the vitality and growth of small businesses in Warren and throughout the United States . We believe entrepreneurship is an amazing engine for job creation in Warren, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Warren, Michigan
Here are more links that we believe will help you be successful in starting a business in Warren.
- Resources for Warren, Michigan Entrepreneurs - Browse a variety of resources we've collected to assist Warren entrepreneurs.
- Michigan Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Michigan.
- Michigan Small Business Development Center - This organization supports 12 regional offices and over 30 satellite offices, each providing counseling and training to Michigan small business owners and entrepreneurs throughout the 83 counties in Michigan. Services to entrepreneurs are offered through a cooperative agreement with the U.S. Small Business Administration.
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