Wisconsin Business Startup Guides
Starting a Business in Waupun, Wisconsin
Thinking about starting a business in Waupun, Wisconsin? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Waupun.
Which Business to Choose?
An important decision is what kind of business you want to start. If you are struggling with what type of business to start, read Free Business Ideas.
For in-depth how-to guides on how to start specific businesses, browse our Good Businesses to Start section of our site. For example, you might be interested in our Opening a Hebrew-Christian Church guide or our Opening a Pregnancy Counseling & Information Services Business guide.
Remember that you are starting a business in Waupun. Some businesses will do better in Waupun than others. Don't forget to review Waupun demographics to see if there's a market for what you want to sell.
Waupun, Wisconsin Demographic Information
Waupun has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Waupun demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Waupun.
Businesses
As a new Waupun entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Waupun 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
Should You Franchise?
Browse the Yellow Pages for Waupun and you'll conclude that many business owners have opted to buy a franchise, rather than starting a business on their own. So, it probably makes sense for you to consider franchising too.
We advise the entrepreneurs we work with to consider franchising as an option. On our site, you can read many articles about franchising, such as Growth Trends in Franchising. 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 Big Town Hero Subs and Buck or Two Extreme Retail. Alternatively, you can browse franchise categories, such as Specialty Foods Franchises and Health and Beauty Franchises.
Note on Waupun Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Waupun.
Have You Considered Buying an Existing Waupun Business?
We've created a helpful website page for those who want to Buy a Business in Wisconsin. Follow that link and you might discover several good businesses for sale in Waupun.
For anybody who wants to buy a business, we recommend reading this useful article: Buying a Business.
Forming a Company in Waupun, Wisconsin
A critical step is ensuring that you are forming a legal entity that operates independently from you. 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.
Incorporation 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 Wisconsin, you don't necessarily have to incorporate in Wisconsin. In fact, 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 are many nuances to forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Subchapter S Corporations. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Waupun, Wisconsin, our information on Incorporating in Wisconsin may be a useful resource if you decide to incorporate in Wisconsin.
Don't Skip the Business Plan
Writing a business plan is essential to the health of your new business. Simply put, a business plan is a written description of the future you envision for your business. Not having a business plan will greatly reduce your chances of business success.
To learn more about business plans, read Business Plan Contests. You can also get face-to-face free consulting available from your local SCORE chapter in Wisconsin.
Getting Money to Start a Business
Getting your Waupun business the capital it needs to succeed requires strong organization skills and perseverance. 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 Attracting Investors.
For Waupun entrepreneurs on the hunt for startup funding, you'll want to take a look at our List of Wisconsin Angel Investors and our List of Wisconsin Venture Capital Firms.
Never Give Up
You have a dream -- starting a business in Waupun. To achieve your dream, you have to persevere, even when the odds are against you.
Owning your own business will be a daunting task, but you can do it.
This site is all about helping entrepreneurs in Waupun and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Waupun, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Waupun, Wisconsin
Here are more links that we believe will help you be successful in starting a business in Waupun.
- Resources for Waupun, Wisconsin Entrepreneurs - Browse a variety of resources we've collected to assist Waupun entrepreneurs.
- Wisconsin Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Wisconsin.
- Wisconsin Small Business Development Center - Wisconsin Small Business Development Centers offer a variety of educational services to small-businesses. The low-cost courses, seminars, and workshops cover both basic and complex topics, from marketing to management techniques to business plan development.
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