Minnesota Business Startup Guides

Open a Business in Wheaton, Minnesota

Need help starting a business in Wheaton, Minnesota? We've got the information you need to open a business in Wheaton.

Are You Ready for Life as an Owner?

Before announcing to the world that you are going to start your own business, assess your entrepreneurial instincts and capabilities.

While entrepreneurship has become a popular career choice, we recommend you do the following before you take the plunge:

  • Speak with other entrepreneurs in Wheaton. Listen closely to their experiences and see if you think you too can be successful.
  • You should read Starting a Company. It's a good read for those who are thinking about becoming an entrepreneur.
  • Talk it over with a close friend or partner. Ask them directly: Do I have what it takes to be an entrepreneur? Listen carefully to their answer, as they presumably know your strengths and weaknesses.

Wheaton, Minnesota Demographic Information

Wheaton has an active business community that includes small businesses, mid-sized businesses and large businesses.

To give you a better feel for Wheaton demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Wheaton.

Business Size
# of
Businesses
1-4 Employees
576
5-9 Employees
264
10-19 Employees
168
20-49 Employees
36
50-99 Employees
12
100-249 Employees
0
250-499 Employees
0
500-999 Employees
0
1000+ Employees
0
All Wheaton Businesses
1056

As a new Wheaton entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Wheaton 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.

Business Type
# of
Businesses
Automotive Parts and Accessories Stores
3
Beer, Wine, and Liquor Stores
1
Cemeteries and Crematories
1
Civic and Social Organizations
1
Commercial Lithographic Printing
2
Community Food Services
1
Electric Power Distribution
1
Exterminating and Pest Control Services
1
Farm Supplies Merchant Wholesalers
2
Flooring Contractors
1
Florists
1
Full-Service Restaurants
2
Funeral Homes and Funeral Services
1
Furniture Stores
1
General Medical and Surgical Hospitals
1
Gift, Novelty, and Souvenir Stores
1
Golf Courses and Country Clubs
1
Hardware Stores
1
Insurance Agencies and Brokerages
9
Limited-Service Restaurants
2
Newspaper Publishers
1
Offices of Chiropractors
1
Offices of Dentists
1
Offices of Optometrists
1
Payroll Services
1
Pharmacies and Drug Stores
1
School and Employee Bus Transportation
1
Site Preparation Contractors
1
Used Car Dealers
1
Wired Telecommunications Carriers
1

What About Franchising Opportunities?

Examine a list of Wheaton businesses and you'll notice that many local entrepreneurs have gone the franchising route. Should you be giving franchising serious consideration?

Our recommendation is that you evaluate the possibility of your buying a franchise opportunity. We have many articles on franchises, such as Franchising My Business. 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.

Sample franchise opportunities include Profit-Tell International and Mailboxes Etc.. Alternatively, you can browse franchise categories, such as Business Services Franchises and Child Education and Tutoring Franchises.

Note on Wheaton Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Wheaton.

Make Sure You Have a Business Plan

Creating a business plan is vital to the health of your new business. Simply put, a business plan describes what you plan to do with the business and how you plan to do it. Not having a business plan

If writing a business plan is on your to-do list, be sure to read Business Plan Contests. You can also get free business counselors available to you through your local SCORE chapter in Minnesota.

Promoting Your New Company

To rise above the crowd in Wheaton and build your business, having an excellent marketing plan is fundamental to your doing well.

We have some useful resources on this site for entrepreneurs who are working on marketing plans. Customer Loyalty is a good read to get your marketing juices flowing. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.

How to Improve Your Entrepreneurial Abilities

Successful business owners recognize that they need to continually improve.

As an entrepreneur who lives in Wheaton, Minnesota, you will want to take advantage of the learning programs at local Minnesota educational institutions. It's also beneficial to see if there are any networking groups or organizations in which Wheaton entrepreneurs get together to network and trade their business experiences.

Never Give Up

You have a dream -- starting a business in Wheaton. To achieve your dream, you have to persevere, even when the odds are against you.

From this point on, you control your own destiny.

Our goal here is to promote the vitality and growth of small businesses in Wheaton and throughout the United States . We want to be there for you to answer your business questions, whether you are a new Wheaton entrepreneur who is just getting started or you are already up and running with your new venture.

More Entrepreneurial Resources for Starting a Business in Wheaton, Minnesota

Here are more links that we believe will help you be successful in starting a business in Wheaton.

More Business Startup Guides for Minnesota

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Starting a Business in White Bear Lake

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Additional Resources for Entrepreneurs

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Franchise Opportunities

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