WhizOffice.com
The Wizards, Business and Finance Resources
Women Health Medical Business Hobbies Home Family Cars Technology Travel
eg: Business 2.0 or Loans or Business Schools or FMCG

Online Guides » Business Resources » Business and Finance

7 Tips for Starting a New Business in a Small Town   
by: Cathy Goodwin, Ph.D.

Q. I am transitioning to a new career after sixteen years to spend more time with my family. We moved to a very small town (less than ten thousand people) and I want to start an coffee shop business and also offer PC repair. How can Iinvestigate and then promote this business?

A. In a big city, you'll make decisions by numbers and neighborhoods. In a small town, you schmooze!

On the surface, everyone will be friendly, optimistic and positive.

Your challenge: Get below the surface and learn the true story. You might consider asking a lot of questions before you disclose your own intentions. Listen for, "I wish we had"

1. Talk to others who have opened businesses recently.

What challenges have they faced? What works and what doesn't? Were others newcomers successful? If so, were they truly new or did they have deep roots in the town, such as a brother who lived here forty years?

If nobody's opened a business for awhile, dig deeper. Maybe there's no market. Or maybe they're just waiting for you to arrive! Sometimes a new business can generate latent demand. It's a judgment call.

2. Make a great first impression.

Promotion isn't hard in a small town. Ten minutes after you've opened, everyone will know! Some towns resist doing business with uppity newcomers. Others welcome new blood. Regardless, your first impression will linger a long, long time. And you'll have trouble recovering from a local opinion leader with a bad experience.

3. Uncover the town's market and memory.

Considering buying a business? Take time to discover the owner's reputation. When the local residents seem eager for a change of management, you'll need a new name and image. But if someone's just moved away and everyone misses them, you've got a wonderful opportunity. Right now in Silver City we could use a few first-rate pet-sitters and dog groomers.

But be sensitive to change. Before I moved here, I'm told, at least three coffee shops failed. Now we have several, along with a wine bar and a microbrewery. All seem to be thriving.

4. Search the fine print of local regulations.

Here in Silver City, our newest businesses had to fight all kinds of red tape to get opened. One called City Hall to get help with a business that was new to the area. "It's not listed here," said the clerk, "so it's probably illegal." (The business has opened and thrives.) Another discovered his license hadn't come through because the Council forgot to add it to the agendaand they weren't interested in making last-minute changes.

Any time you serve food or drink, you know you're facing permits. Find out what's involved locally.

5. Prepare to do most of the work yourself.

In a small town, you can have trouble finding good help. The local work ethic may surprise you - in either direction.

6. Know your community.

Will your market come from second and third generation local residents? Or are you serving those who relocated recently from urban areas? Here I've met folks who think three dollars is way too much to pay for espresso drinks. But those who bonded with Starbucks will buy at least one cup a day, every day.

7. Build relationships.

If you can attract a town leader, you'll draw a following. Conversely, if you inadvertently alienate a key player, or if a local person's got an idea on the drawing board, you'll be miserable.

And in a small town, you'll be expected to be a super-citizen. Choose alliances and sponsorships carefully. Prepare for all sorts of friendly requests to donate time, materials and money.

Business and Finance
• The Top 10 Questions for Socially Responsible Leaders
• 4 Steps to Success In Life, Business, The Universe And
• Malaysia’s Drive to build a Renewable Energy industry
• Want PR's Full Value?
• Career in the Toilet?
• Questions To Ask Employees You Want To Retain
• Online Mortgages in 5 Easy Steps!
• Make It Happen Now!
• Top Ten Online Choices to Get Clients to Choose you Again and Again - Part 2
• Mortgage Free In 15 Years!
• The Ten Habits of Highly Effective Speakers
• To Be An Effective Leader, Do A Check-up From The Neck Up
• How to Attract and Retain the Right People
• Can You Say No?
• How To Avoid Work-at-Home Scams and What To Do When You're A Victim
• The Benefits of Starting A Home-Based Business
• 6 Keys to Successfully Screening Church Staff and Volunteers
• What to do When You receive a Bad Check
• DAIRY MANUFACTURING EMPLOYMENT OUTLOOK FOR 2004
• Information Products: A Business Owner's Best Friend

» more articles...
 

Related Articles Related Topics About Author
•Useful Tips On Avoiding Credit and Charge Card Fraud
•7 Tips for Starting a New Business in a Small Town
•Tips to Starting your own Business
•5 TIPS for Home-Based Business Entrepreneurs
•Home Based Business Tax Tips
•A Dozen Tips for Starting an Import/Export Business
•Starting a Small Business: Balancing Risk and Reward
•Success Tips for Small Business Owners
•Home-Based Business Start-Up: 7 Tips For Lowering Your Fear Factor
•Tips For Starting A Legitimate Home-Based Business
•Home Business Tax Tips
•Tips On How To Earn Money With a Home Business
•5 Tips For Better Management Of Home Business
•Tips for Buying Big Diamonds on a Small Budget
•Twelve Stress-busting Tips for Small Business Owners
Related Articles Related Topics About Author
• To Small Business Funding
• Small Business Government Funding
• Making A Business Plan
• Funding A Small Business
• Small Business Funding
• Small Business Startup Funding
• Record Label Business Plan
• Funding For Small Business
• Small Business Plans
• Nightclub Business Plan
Related Articles Related Topics About Author

About The Author

Cathy Goodwin, Ph.D., is an author, speaker and career/business consultant, helping midlife professionals take their First Steps to a Second Career. http://www.cathygoodwin.com


"Ten secrets of mastering a major life change"


mailto:subscribe@cathygoodwin.com


Contact: mailto:cathy@cathygoodwin.com 505-534-4294


Whizoffice
WhizOffice is one of the most comprehensive online guide available in Canada, America, Europe & United Kingdom. Locals swear by this free online resource that covers on almost any topic from Self Improvement Tips, Women, Writing, Business and Finance, Marketing, Legal Resources, parenting, Home Improvement, Internet & Computers, Health & Travel Resources.
© 2004-2009. All Rights Reserved.