Georgia Business Startup Guides
Starting a Business in Wrightsville, Georgia
Thinking about starting a business in Wrightsville, Georgia? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Wrightsville.
Are You Ready for the Challenges of Being an Entrepreneur?
Before you get too far along in the process, consider your entrepreneurial instincts and capabilities.
While entrepreneurship has become a popular career choice, we recommend you do the following before you take the plunge:
- Talk to other entrepreneurs in Wrightsville. Listen closely to their experiences and see if you think you too can be successful.
- 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. 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.
Wrightsville, Georgia Demographic Information
Wrightsville has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Wrightsville demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Wrightsville.
Businesses
As a new Wrightsville entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Wrightsville 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?
Examine a list of Wrightsville businesses and you'll conclude that many business owners have opted to buy a franchise, rather than starting a business on their own. But is franchising the right option for you?
Our recommendation is that you consider franchising as an option. This site has dozens of articles on franchising, such as Questions to Ask Franchisors. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Sample franchise opportunities include Crye-Leike Franchises, Inc. and HomeVestors. Alternatively, you can browse franchise categories, such as Children Arts Programs Franchises and Coffee Shop Franchises.
Note on Wrightsville Franchise Opportunities: To find out if a franchise you are interested in is available in Wrightsville, you will need to get in direct contact with the franchisor.
Have You Considered Buying an Existing Wrightsville Business?
We've created a handy website page for those who want to Buy a Business in Georgia. Follow that link and you can assess several good businesses for sale in Wrightsville.
For anybody who wants to buy a business, we recommend reading this useful article: Buying a Business.
Picking 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.
Pick a company name that isn't too generic. If you do a search engine search for your proposed name and a billion results come up, you may want to reconsider the name. It's much easier to come up in the search engines when your name is fairly unique.
For other considerations regarding naming a company, we recommend this article: Naming a Company.
On a final note, given that you are planning on starting a business in Wrightsville, it's very important that you make sure no other Georgia company is using the business name you want to use.
Forming a Company in Wrightsville, Georgia
It's very important that you are forming a legal entity that operates independently from you. Doing so will insulate 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.
Incorporating is a very common way to legally create a business entity. A key decision is whether to form and S-Corp or a C-Corp, and you also must decide in which state you will incorporate. If you are starting a business in Georgia, it doesn't mean you are required to incorporate in Georgia. In fact, you can incorporate in any state you would like to. 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 LLC Advantages. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Wrightsville, Georgia, our information on Incorporating in Georgia may be a useful resource if you decide to incorporate in Georgia.
Building Up Your Sales
Being able to sell is a key enabler to your business success. Whether you are focused on selling local customers in Wrightsville or are selling to customers throughout Georgia, the United States or even the world, you have to be able to sell.
So what does it take to bring in more prospects and close more business? Let us help you refine your selling techniques through our many useful sales advice tips.
Cold Call Selling is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.
Never Give Up
You have a dream -- starting a business in Wrightsville. To achieve your dream, you have to persevere, even when the odds are against you.
From this point on, you control your own destiny.
We are here to help Wrightsville businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Wrightsville, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Wrightsville, Georgia
Here are more links that we believe will help you be successful in starting a business in Wrightsville.
- Resources for Wrightsville, Georgia Entrepreneurs - Browse a variety of resources we've collected to assist Wrightsville entrepreneurs.
- Georgia Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Georgia.
- Georgia Small Business Development Center - The Georgia SBDC program helps Georgia entrepreneurs with developing business plans, providing financial analysis, identifying sources of capital, and assessing marketing strategies.
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