Washington Business Startup Guides
Starting a Business in Wenatchee, Washington
Thinking about starting a business in Wenatchee, Washington? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Wenatchee.
Is Becoming a Business Owner Right for You?
Most startup businesses don't make it, in part because the entrepreneur did not have the perseverance and abilities that are necessary to succeed. So, before jumping into the world of entrepreneurship, consider all of the implications of being an entrepreneur.
Here are three things we recommend you do before you fully commit to starting a new business of your own.
- Talk to other entrepreneurs in Wenatchee. Get their take on what it's really like to be an entrepreneur.
- We recommend reading Characteristics of Successful Entrepreneurs. For aspiring new entrepreneurs, it's a must read article.
- Seek the advice of somebody who knows you well. That's the best way to get a truly objective assessment as to whether others think you have what it takes.
Wenatchee, Washington Demographic Information
Wenatchee has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Wenatchee demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Wenatchee.
Businesses
As a new Wenatchee entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Wenatchee 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
Choosing a Company Name
A good company name can give a big boost to a new startup. It might seem like an easy thing to do, but there are many things to consider when naming a business.
Even if the name doesn't do it by itself, many naming experts believe there should be a story behind the name that ties into your company mission.
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Company.
There's one other important factor when naming a business. Since you are starting a business in Wenatchee, it's imperative that you check now that no other Washington company is using the business name you want to use.
Where to Get Money to Start a Company
Getting your Wenatchee 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 Choosing VC Firms.
For Wenatchee entrepreneurs who need startup capital, check out our List of Washington Angel Investors and our List of Washington Venture Capital Firms.
Marketing Your New Venture
To rise above the crowd in Wenatchee and accelerate your business, you need a excellent marketing plan.
You can learn quite a bit about marketing on our site. Music on Hold 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.
Bring in Revenues
Mastering the art of selling is priority one if you want your new Wenatchee business to do well.
Why should customers buy from you instead of buying from competitors? The good news is we can help you to make selling a big competitve advantage for your new firm.
Selling with Questions 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.
Moving Forward
Most new Wenatchee businesses underestimate the number of challenges they will face.
From this point on, you control your own destiny.
This site is all about helping entrepreneurs in Wenatchee and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Wenatchee, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Wenatchee, Washington
Here are more links that we believe will help you be successful in starting a business in Wenatchee.
- Resources for Wenatchee, Washington Entrepreneurs - Browse a variety of resources we've collected to assist Wenatchee entrepreneurs.
- Washington Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Washington.
- Washington Small Business Development Center - Washington Small Business Development Centers promote economic vitality by providing advice, training and research to Washington entrepreneurs and existing Washington businesses.
More Startup Articles for Washington Cities
Starting a Business in Wellpinit
Starting a Business in Westport
Browse All Business Startup Guides for Washington
Starting a Business Guides for Other States
Share this article
Additional Resources for Entrepreneurs