Your Guide to Starting a Business in Los Angeles

by Naomi Johnson

You have many important decisions to make now that you’ve decided to start a consulting business. One key question to consider is where you want to found your company. Location can impact everything from taxes to access to resources, so it’s worth doing your research. If you’re looking for a community with plenty of business connections, consider Los Angeles. Read on to discover the advantages this community offers to entrepreneurs.

Harness the Power of a Supportive Tech Community

Los Angeles is a beautiful city in southern California with a supportive community and Chamber of Commerce. The city has a significant tech-focused populace. Los Angeles has a long history of being friendly to technology firms, and firms in this field are always looking for technology consultants. If you’ve had a history working in a tech field, Los Angeles can be a great place to offer those talents. 

Moving Your Business or Starting Fresh

If you’re moving into the area with an already established business, there are some things you need to consider. If you represent multiple technology consultants, you’ll need to decide whether you want to lease office space or operate remotely and use a coworking space for your own local presence. Having the ability to do business face-to-face can set you apart in a crowded market.

If you are starting a new business in this wonderful community, trust this quick checklist to jumpstart your success:

• Look up business registration requirements with the Secretary of State. It’s important to have all of the official documents in order before you begin promoting your business.
• Handle your LLC formation paperwork with the help of an online formation service. These experts can guide you through the process so that you don’t miss any important steps that could cost you both time and money.
• Join your local Chamber of Commerce for an entrepreneurial community that can help you get you connected quickly and provide you with valuable resources.

Marketing your new venture

Once you are established in your new geographic location, it’s time to market your business. Start by creating a dynamic logo that will catch people’s attention and interest them in your services. You can design something yourself or trust experts to make the ideas behind your venture into a memorable design. Then, follow Hub Spot’s suggestions regarding how to narrow your focus and harness the potential of free resources. There are many strategies available to you, so experiment with them and then focus on what works best for you.

Social media is an excellent promotional tool. Not only are there direct advertisement and promotional channels available to you, but you can also build your personal brand via the persona you present. It is important to establish your niche and then tailor your marketing to show your specific perspective to your audience.

Enjoy Work/Life Balance in a Beautiful Location

If you have school aged children in your home, you will be pleased by its excellent school system. If you’re considering moving to the area, be sure to enlist the help of experienced local real estate agents. Their knowledgeable expertise will make finding the perfect home that much easier for you.

If you prefer to rent, there are plenty of apartments available. Los Angeles offers a variety of housing options, so you’re sure to find a configuration that accommodates your budget while meeting your needs.

Moving into an apartment may mean you don’t have enough space for all your things. Fortunately, there are storage options in L.A. that can securely hold your belongings. Renting a storage space is far more cost effective than renting a larger apartment. In fact, small storage spaces can be had for as little as $62 a month.

When starting a company, you want to do all you can to lay a strong foundation for success. Choosing a city like Los Angeles is a potentially lucrative move. Trust the resources above to help you lay the groundwork for your business.