Wisconsin Business Startup Guides
Start a Business in Whitewater, Wisconsin
Are you starting a business in Whitewater, Wisconsin? This article discusses the most important things to consider when opening a business in Whitewater.
Whitewater, Wisconsin Demographic Information
Whitewater has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Whitewater demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Whitewater.
Businesses
As a new Whitewater entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Whitewater 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
What About Franchising Opportunities?
As you drive around Whitewater, you'll notice that many local entrepreneurs have gone the franchising route. So, it probably makes sense for you to consider franchising too.
We highly recommend you look into purchasing a franchise. This site has dozens of articles on franchising, such as Franchisees Versus Licensees. 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 Dolly's Pizza Franchising and Allstate Advance Look Building Inspections. Alternatively, you can browse franchise categories, such as Security Franchises and Asian Restaurant Franchises.
Note on Whitewater Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Whitewater.
Have You Considered Buying an Existing Whitewater Business?
We've created a useful website page for those who want to Buy a Business in Wisconsin. Follow that link and you may find several good businesses for sale in Whitewater.
If you are serious about buying a business, you may want to read this article: Buying a Business.
Forming a Company in Whitewater, Wisconsin
A critical step is ensuring that your business is formed as a legal entity that is separate from its owners. Without a legal structure for the business, you can be held personally liable for the actions, debts and obligations of your company.
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 Avoiding Personal Liability in Business. You may also want to seek the advice of an lawyer. Finally, if you are starting a business in Whitewater, Wisconsin, our information on Incorporating in Wisconsin may be a useful resource if you decide to incorporate in Wisconsin.
Raising Funding for Your Venture
Finding the funds to fuel the growth of your Whitewater business is not an easy task. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.
Take advantage of our many articles on raising capital, such as Realistic Debt Financing Options.
For Whitewater entrepreneurs on the hunt for startup funding, browse our List of Wisconsin Angel Investors and our List of Wisconsin Venture Capital Firms.
Marketing Your New Venture
Whether your goal is to attract Whitewater customers or you plan on selling elsewhere, you need a solid marketing plan.
There are myriad resources on this site to help you with your marketing plan. Advertising on Google is a good read to get your marketing juices flowing. That's just a sampling of the many useful articles we have on Marketing a Small Business.
Advancing Your Entrepreneurial Skills
Good entrepreneurs recognize that they don't know everything.
Given that you are starting a business in Whitewater, Wisconsin, you will want to take advantage of the many programs available at nearby Wisconsin universities, colleges and community colleges. We also recommend you look into Whitewater networking organizations.
Moving Forward
You have a dream -- starting a business in Whitewater. 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.
We are here to help Whitewater businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Whitewater, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Whitewater, Wisconsin
Here are more links that we believe will help you be successful in starting a business in Whitewater.
- Resources for Whitewater, Wisconsin Entrepreneurs - Browse a variety of resources we've collected to assist Whitewater 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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