Start a Business in Youngsville, LA: When it comes to starting a business, entrepreneurs must look for the place with the most potential. Whether a corporation, sole proprietorship, partnership, or LLC, having a business in Youngsville, LA, is a plus for any entrepreneur. In general, setting up any form of business in Louisiana, US, is the initial step to building an international brand.
Entrepreneurs across the globe are interested in starting and expanding their businesses in Youngsville, LA. With an urban population of 14118 (estimate), the city has a lot to offer to all emerging entrepreneurs. The main reason for this is the economic environment and flexibility of the business structure in Louisiana. Like most places in the US, Youngsville, LA also offers business structures for all types of entrepreneurs; no matter what business you want to do, there’s a perfect solution for you. If you want to start limited liability company (LLC) or a corporation, or a sole proprietorship, Youngsville, LA has a proper business environment for all.
In this article, you will read about how to start a business in Youngsville and why you should choose Youngsville to start and run your business. We recommend you check below the important facts about Youngsville, LA; these might help you.
On this page, you’ll learn about the following:
- Youngsville, LA Household Income Statistics
- Youngsville, LA Education & Labor force Facts
- Youngsville, LA Demographics
- How to Start a Business in Youngsville, LA
- Other Things to do After Starting Your Business
- Important Youngsville Stats for Starting a Business
- Reasons to Start a Business in Youngsville
- FAQ About Youngsville, LA
Youngsville, LA Household Income Statistics
|Youngsville Median household income
|Youngsville households with dual income earners
|Youngsville households $150K+ Income
|Youngsville households $100K+ Income
|Youngsville households $100-150K Income
|Youngsville households $75-100K+ Income
|Youngsville households $50-75K+ Income
|Youngsville households $35-50K+ Income
|Youngsville households $25-35K+ Income
Youngsville, LA Education & Labor force Facts
|Youngsville residents with a bachelor’s degree (or equivalent)
|Youngsville residents with at least a 4-year degree
|Youngsville residents with a graduate degree
|Youngsville residents with a high school diploma but no more
|Youngsville residents with less than high school education
|Youngsville residents with some college but no more
|Youngsville residents with a Bachelor’s degree or higher (STEM fields)
|Youngsville households that own (rather than rent) their residence
|Youngsville residents 16 and older in the labor force
|Youngsville residents unemployed
Youngsville, LA Demographics
|Youngsville residents aged 0-9
|Youngsville residents aged 10-19
|Youngsville residents aged 20-29
|Youngsville residents aged 30-39
|Youngsville residents aged 40-49
|Youngsville residents aged 50-59
|Youngsville residents aged 60-69
|Youngsville residents aged 70-79
|Youngsville residents aged over 80
|The average size of resident families in Youngsville, LA
|Estimated population per square kilometer in Youngsville, LA
|Youngsville, LA urban population (estimate)
|Youngsville, LA municipal population (estimate)
Now that you know what makes Youngsville of Louisiana good for business, let’s get started with the exact steps on how to start a business in Youngsville.
How to Start a Business in Youngsville, LA
Starting a business in Youngsville, LA, needs planning, financial decisions, legal procedures, and a handful of other things. Be it a corporation, sole proprietorship, partnership, or LLC in Louisiana, you must go through the following steps. These steps are general steps. They are subject to change depending on the structure of your business.Generally, starting a Limited Liability Company is easy to form. Read our guide on how to start an LLC before you start your own business. Here are the steps to set up your business in Youngsville.
Step 0: Decide on What Business to Start
This is the first thing you work on, the type of business you want to start in Youngsville. Depending on that, you need to make your business plan. Apart from the legal documentation and process, you must include the following points in your business plan,
- Through market research on demand trend
- Complete Budget plan – funding your business. If you’re planning to start an LLC, then take a look at the cost of LLC
- What competitors are doing
- SWOT Analysis – check what your Strengths, Weaknesses, Opportunities, and Threats are
- Your targeted buyers
Once you have the entire plan with you, you can continue working on the legal structure of your business. LLCBuddy will guide you through the legal process of forming an LLC for your business. It’s very likely that you have already done this step 0, so that we won’t go deep into this step, let’s move to step 1.
Step 1: Choose Your Business Structure
The very first step after you decide on what type of business you want to start is to choose what type of business structure you want to form. You can form an LLC, a sole proprietorship, a corporation, or a partnership. Each type of structure has different rules and regulations. For example, if you want to start a Louisiana LLC, there are different types of tax and fee structures. An LLC formation is similar to forming a sole proprietorship. On the other hand, forming a corporation is much more complicated. The tax and fee structure is completely different in corporation formation.
Step 2: Name Your Business
The next step in forming a business is to give it an appropriate name. Having a business name is not so easy task. You cannot pick a random name for your company. One has to follow proper naming guidelines before they name their company. Besides, before you settle a name, you must check if the name you are looking for is available to use. You can visit the official government site of Louisiana to do the Louisiana LLC name search before you pick the available name. Below are some of the naming rules you need to follow,
- You cannot name your business that has words or phrases like Bank, University, Government, or anything that can confuse people with a government sector.
- If you are forming an LLC in Louisiana, then you must include words like “LLC,” “LC,” “LLC,” “Liability Company,” and “L.L.C.” If it is an LLP, then you must include “LLP” in your business name.
- The name should reflect the nature of your business. Any name that can confuse people should not be picked.
- You can check if the name of your company is available. Through the business name search process, you can search if the desired name is available for use or not.
- You can reserve your business name for a certain time before you form your business in Youngsville, LA by filing a name reservation application.
The above-mentioned points are basic naming rules that all businesses have to follow while naming their company. As mentioned above, these rules are subjected to change depending on the structure of the business.
Step 3: Get a Registered Agent
A Registered Agent is a person who receives all types of legal and official documents on behalf of the business. Whether a suit against your company or formation-related documents from the state, a Louisiana LLC Registered Agent is responsible for receiving these documents at his/her official address. In general, anyone who has the right to conduct business in Youngsville can be a registered agent. However, there are some requirements to becoming a registered agent.
- The person has to be 18+ years of age.
- Must be a citizen of the Louisiana
- Must have a physical street address in the Louisiana
- Must have legal rights to conduct business in the Louisiana
Anyone who fulfills the requirements can be a registered agent. Also, anyone from the company, your spouse, any relative, or yourself can be a registered agent. But, it is recommended that you hire a professional registered agent to look after your documentation. You can choose from the best LLC services that also offer registered agent for LLCs.
Step 4: Register Your Business
The next step is to register your business under the Secretary of State, Louisiana. The Articles of Organization (or certificate of incorporation) of your company should be submitted online, by mail, in person, or by fax to the Louisiana SOS. You need to pay the state filing fee either by Credit Card or by check to the SOS while registering your business in the Youngsville, LA. Your Louisiana LLC articles of organization should have the following details about your business
- Company/Business name, address
- Registered Agent Name, address
- Member-managed or manager-managed (in case of LLC)
- Type of business
Depending on the type of business structure, you may have to add some more information to the formation document.
Step 5: Write the Operating Agreement
An operating agreement is a document that has all the structural information of your business. In most states, it is not mandatory to create an operating agreement. However, it is highly recommended to have one as an internal document. This document records information such as,
- About Business
- Members and management
- Capital contribution
- Profit Distribution
- Change of membership
In future, if any member wants to leave the company or you want to dissolve the business, then the Louisiana operating agreement has everything recorded, from clauses to contributions.
Step 6: Obtain EIN
EIN or Employer Identification Number is required to file taxes, open a business bank account, and if your business has employees. EIN can be obtained from IRS. It is a 9-digit number similar to Social Security Number. However, EIN is different from SSN. It is solely used for business purposes, especially for general tax filing. You have to fill out the form and submit it to the IRS website. It does not cost you anything to obtain EIN.
Step 7: Get Business Bank Accounts
Once you obtain the EIN for your business, you are free to open a business account in the US. Having a US business bank account can ease your business transactions in Youngsville, LA. It increases your business credibility and liquidity. It will also be helpful for business loans.
Step 8: Create Your Business Website
Business websites are as important as your business structure. It is necessary to have a catchy business website with all the information regarding your company. Along with the website, you need some more things. Things such as logos, business cards, business emails, domain names, and social media accounts are needed to promote your business. You can hire a professional business service to get all of these services under one roof.
Other Things to do After Starting Your Business
- Once your company is set in the Youngsville, Louisiana, you need to file your taxes and apply for licenses (if needed).
- Apart from the license and permits, you need to get insurance for your business. Such as General Liability Insurance, Professional Liability Insurance, and Workers’ Compensation Insurance are some of the insurances you need to get if you are about to start an LLC.
Important Youngsville Stats for Starting a Business
Before you start a business in Youngsville, it is required that you know some facts about the city. Following are some of the stats to consider before starting a business.
Education & Employment
Youngsville has a diverse population that comes from various educational backgrounds. There are students who haven’t finished their high-school education, whereas there are people who are more than just college graduates. Check the table (Education & Labor Force) for detailed data. From the data, it is clear that the city has enough educated and skilled people who can contribute to the labor force.
As we talk about the urban population density, the young population percentage in the city is approximately 8 (people in their 20s) and 26.3 (people in their 30s). This means that having any business that is new and tech-based might be profitable. The median age of the population in the city is 33.4. On the contrary, if anyone wants to start a business that is related to any old-age service, such as caregiver, primary old-age support, or something of a similar sort, then Youngsville has approximately 1.6 (people in their 80s and above) percent of old people. Check out the table (Demography) above for more information.
Another important factor to mention about Youngsville is the home value of owned properties. The average value of owned houses is 232524. Also, the percentage of people living in their own houses is 87.1. This reflects the real estate market of the city. For a metropolitan city, this is a considerable number.
It is inevitable that living in a big city is different from living in a town or a comparatively smaller city. It directly affects lifestyle and health. It is obvious that having health insurance is important, no matter which city or region you are residing in. But there are people in Youngsville who still do not have health insurance. The rate of people not having health insurance is 3.4. This depicts the lifestyle and overall health demography of Youngsville. As you plan to start your business in this city, you must consider this stat as well.
Income & Lifestyle
The income pattern of the people in this city is given in the table (Income) above. In Youngsville, a part of the population has a dual family income that reflects a better standard of living. As in, people have more than one source of income. The table above shows the income percentage of various slabs.
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Reasons to Start a Business in Youngsville
Youngsville offers a bunch of business-friendly services for entrepreneurs. A proper business environment, skilled labor, tax advances, deductions, and much more are awaiting if you are interested in starting your business in Youngsville. Here are some of the reasons,
Stable Economic Growth
Youngsville or any other city in Louisiana has stable economic growth and an environment that helps any business to grow successfully. The economic structure of Louisiana shows not only balanced but also a sustainable condition of economic growth, which in turn triggers the businesses to flourish in the state.
Minimize Personal Liabilities of the Entrepreneur
If you’re considering starting an LLC in Youngsville, then it will be your best choice. An LLC protects your personal assets and minimizes your personal liabilities. This is one of the many reasons why having an LLC in Youngsville is a wise choice. Also, if you are opting for an LLC, the tax deductions will be more than having a corporation.
Federal and State Tax Relaxation
There is a series of federal taxes that an entrepreneur has to pay when operating a business in the US. Depending on the state your company is located in, the state taxes are being imposed. For an LLC, both of these taxes are much lower compared to other business structures. Along with tax impositions, some tax deductions (state-wise) lower the filing fees and other government charges. Check out the Louisiana LLC tax structure to know more about the tax structures for LLCs in the state.
Government Incentives for Entrepreneurs
Federal and state governments in the US ensure that entrepreneurs get a proper business environment in the state or city they are operating their business. The government provides a few incentives to the business holders in Louisiana or any other state. That means if you are operating any business in Youngsville, then Louisiana State will provide an incentive for creating jobs, contributing to the state’s GDP, and/or balancing the state’s tax structure.
Low Corporate and Other Business Taxes
Corporations and other business structures (except for an LLC) are liable to pay a corporate tax in Louisiana. Also, there is a Sales Tax that all businesses, including LLCs, have to pay. However, the rate of taxes is very low. Besides, as the businesses receive incentives, the tax burden gets lower.
Skilled Labour & Quality Manpower
In Youngsville, it is easy to hire employees for your business. They are not only skilled but also well-educated to help your business grow. As mentioned above, the 74.7 is the percentage of labour participation. Hence, it is clear that having a business in Youngsville will make a lot of difference to the existing labor force.
Demand for New Market and Industry
In Youngsville, Louisiana, there is an uprising demand for new industries and new markets. Entrepreneurs who are willing to start a business in any of the cities of any state are given enough opportunities to stay in business. Business licensing, tax deductions, incentives, and relaxation of business taxes are some of the benefits that encourage start-ups and budding entrepreneurs to start their own businesses in Youngsville.
If we follow the US Data, the median value of commute time for the residents to their work is approximately 28.3. If you are starting a business here, you must keep in mind that commutation can be a point to consider.
Intellectual Property Protection
The US government receives roughly more than 1 million applications for IPR every year. The federal government makes sure that there is no infringement of any patent or property rights. It does not matter which city in which state you are running your business. The rule of Intellectual Property Protection is the same for all. If you have a foreign business in the US, then you might get more benefits under the IPR act.
Youngsville (aka ) is ranked at 3 in terms of importance. Apart from the above mentioned reasons, there are some other benefits that businesses enjoy in Youngsville. For example, technological advancement, a stable political environment, renewable resources, sustainable non-renewable resources, and some more benefits make things easier for entrepreneurs to start and run their businesses. According to US Data, the percentage of young people in Youngsville is 26.3. Hence, it would be great to start a business that is related to tech here as you might get a good number of clients.
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Best Time To Start Business In Youngsville Louisiana
Whether you’re looking for the best time to start business in Youngsville Louisiana, or you’re moving there from another state, there are a few things to keep in mind. First, the city’s mayor and aldermen are responsible for guiding the city’s growth and development. In the early 19th century, Youngsville was settled by French Acadian farmers. They laid out the area, naming it Royville after George Roy, who owned the land. In 1859, the community became large enough to establish the oldest Catholic church in Lafayette Parish.
In the early 1900s, the U.S. Postal Service began to confuse the community with Rayville, another town in north Louisiana. The Postal Service asked the village leaders to change the name to Youngsville, so that no one would confuse the town with another.
The city of Youngsville, Louisiana, is a community that has been growing for many years. It’s now the largest town in Lafayette Parish, and is home to a large number of businesses. This makes it an ideal place to start a business. If you are looking for the best time to start business in this city, you may want to consider one of the many business administration degree programs available in the area. Choosing a university that’s accredited is important, as it guarantees that the school will meet the state’s rigorous standards.
There are a number of different schools that offer business administration degree programs in Youngsville, including community colleges and a 2-year school. These colleges offer associate degree programs in business administration. You can also complete your business administration degree through a distance-learning program. A good place to start is with the Best Adult Colleges & Careers Guide, which will provide you with detailed information about schools in Youngsville. It’s also a good idea to take a look at the statistics on the schools.
The city’s economy has been on the rise over the past several years, and a number of businesses have opened or expanded in the area. A number of them include Rouse’s Grocery, which is a popular restaurant that’s located in the Sugar Mill Pond development. In addition, there are a number of small businesses that are also open in the area. Some of the larger businesses include the Youngsville Sports Complex and the Westminster Christian Academy.
The city is also home to a number of schools that offer kindergarten through 12th grade. These schools include the Green T. Lindon Elementary School, which is located on School Street and Church Street in the downtown area. Other schools include Ascension Episcopal School and Westminster Christian Academy.
FAQ About Youngsville, LA
In Youngsville, LA, small businesses may be subject to lower tax rates than the city’s larger corporations. Sales tax and franchise taxes are required to be paid for an LLC in several states. You may have to pay employment taxes if you have workers.
If you’re self-employed and live in Youngsville, LA, then you’ll need a business license. You can apply for a business license by completing the appropriate form and submitting it to Youngsville, LA authorities. You’ll need to include your business name, address, and the type of business you are engaged in.
Depending on the kind of company, how many workers there are, the type of coverage, and the size of the organization, several factors affect the cost of business insurance in Youngsville, LA. You must hire an agent to compare costs in order to determine the cost of insurance.
You must complete the online SS-4 for an EIN number form in order to receive an EIN number in Youngsville, LA. Once finished, print the application and send it to the IRS. The IRS will get in touch with you if they have any more questions after they’ve received your application.
An LLC in Youngsville, LA, is able to deduct certain taxes. Some of these include company insurance, office supplies, mileage for business trips, automobile expenditures, home office costs, and many more. For further information, contact your neighborhood tax office.
Obtaining finance for your company in Youngsville, LA, is undoubtedly quite difficult. Although banks, other minor financial institutions, and angel investors provide funding, the level of competition is too great. As a result, raising money is difficult.
It’s surprisingly easy to get a tax ID number in Youngsville, LA. All you need to do is visit the IRS website and fill out the application form. You don’t have to pay anything, and you can get your tax ID number in just a few minutes in Youngsville, LA!
Popular cities in Louisiana include Youngsville. The area is teeming with independent companies and creative individuals. The most well-liked small enterprises in Youngsville are food trucks, however there are many other kinds as well.
LLCs do not have to pay income tax on their company profits in Youngsville, LA. Individuals are required to pay income tax based on their own income instead. On the other side, every Youngsville, LA LLC is required to pay Sales Tax, Franchise Tax, and Employment Tax as needed.
Any small business in Youngsville, LA needs to have some policies. One of the most common policies is the employees’ health & safety policy. Some other policies are employees’ code of conduct, complaint, vacancy & time-off, and employee disciplinary policies.
Starting an LLC in Youngsville, LA involves numerous considerations. To start, you must choose the kind of LLC you wish to establish. Single-member and multiple-member LLCs are the two forms of LLCs. After that, you must submit the required documents to the Secretary of State.
You may be a small business owner in Youngsville, LA who is unsure if you need insurance for your company. Yes, that’s the solution. Small business insurance is a form of commercial insurance that addresses various company risks. Property loss, legal responsibility, and business disruption are some of these hazards.
Any company that is easier to start in Youngsville, LA is one that costs less to do so. You also need to consider the pricing and whether or not there is a demand for the product or service. Dog walkers, personal trainers, food trucks, and home bakers may all be excellent choices.
To obtain funding for a business idea in Youngsville, LA is to research what sources are available. The Youngsville Chamber of Commerce has compiled a list of sources of funding. Some of these sources include grants, loans, and crowdfunding. Crowdfunding is a way to raise money for a business idea.
Starting a business is simple in Youngsville, LA. You may create your company plan, locate a fantastic office location, and get a business license. A bank may also be able to lend you money. All you need are the ideal folks to assist you and a fantastic notion.
You must have a thorough business strategy before anything else in Youngsville, LA. The information should be complete, including the company concept, projected budget, kind of organizational structure, marketing strategies, and sales tactics. you will be able to effectively launch your company.
Yes, Youngsville, LA is a city that welcomes LLCs. There are several advantages to forming an LLC in Youngsville, LA. In Youngsville, LA, for instance, aspiring business owners may take advantage of tax breaks, loans, and other incentives.
When you’re going to start a business in Youngsville, LA, you must get the permits to conduct your business. Also, you have to file your business with the LA Secretary of State. Before you start your business in Youngsville, LA, make sure to have a good business plan.
Youngsville, LA, is a fantastic place for entrepreneurs. The city is teeming with youth and is a center for fresh ideas. It is ideal for startups since it has a good standard of living and cheap cost of living.
LLCs in Youngsville, LA, need insurance. In general, it is a good idea to get insurance for your LLC. Some insurances, like workers’ compensation, are a must if your LLC in Youngsville, LA has employees. You must check with the Louisiana SOS portal for more information.
You won’t get wealthy overnight with a company. A wealthy entrepreneur may certainly succeed in Youngsville, LA. Start your own food, restaurant, or cafe company if you see a market for it. To generate money, these companies may be an excellent idea.
LLCs are a terrific option to launch your own company. However, you need to renew your LLC annually. Make sure to do it before the deadline if you’re in Youngsville, LA. In order to prevent any inconsistency, you must renew your LLC before the deadline.
In Youngsville, LA, you must a general business license in order to start your own company. Youngsville may have varying regulations and standards depending on the kind of company. The rules for business licenses in Youngsville, LA, may be found by contacting the local authorities.
For years, people have argued about which city is the best to live in. Youngsville is renowned for its thriving economy and multicultural population. Houston is renowned for having more reasonable living expenses. When determining which is less expensive, there are several things to take into account.
There are many ways to make money from home in Youngsville, LA. You can work as a freelance writer, graphic designer, or web developer. You can also work from home as a transcriptionist, translator, or virtual assistant. You can also work as a home baker or an online teacher.
The wealthiest companies in Youngsville, LA, are the smaller ones, such as consultancies, real estate agents, and small construction companies. These Youngsville, LA small enterprises are the most well-liked and successful ones. You may use these suggestions if you’re thinking about starting a small company.
An internet company is the least expensive to start in Youngsville, LA. It doesn’t cost a lot of money to start offering online consultations or classes. In Youngsville, LA, starting an online consulting or teaching firm requires a strong WiFi connection.
The price of houses in Youngsville, LA can go down or can go up further. It is a bit difficult to say as the real estate business is growing with each passing day. Hence, chances of prices going down is less in Youngsville, LA.
Youngsville is a unique city that is home to a diverse population. It has a rich history that is reflected in the many restaurants and shops. Youngsville in Louisiana is a city that is always growing, so there are plenty of opportunities for entrepreneurs to create their own small businesses.
A well-known city is Youngsville, LA. On top of that, the economy is expanding quickly. So many businesses are migrating to our city as a result. A few of the most well-known firms include those in the food and restaurant industries, manufacturing, and hotel management.
The price to launch a small company in Youngsville, LA varies based on its nature and particular requirements. If you’re forming an LLC, the most typical startup expense for a small company in Youngsville, LA, is $100.
Youngsville, LA, is expanding quickly, as can be seen by looking at the statistics from the last several years. This is due to Youngsville, LA’s booming economy, particularly in the service sectors. The economy is strengthened by the service sector.
LLCs in Youngsville, LA, may not have to pay taxes if they are not generating income. LLCs are exempt from filing income tax returns as a company in Louisiana.
Youngsville, LA is most recognized for its thriving economy. This will be an excellent choice for you if you are interested in business and eager to launch your own enterprise in this city. You may simply start your own company in Youngsville, LA.
Making money quickly in Youngsville, LA, or any other city, is challenging but not impossible. In Youngsville, LA, having a well-liked and in-demand company might speed up your financial progress. For instance, reputable possibilities include real estate, dining establishments, personal trainers, and construction companies.
How Fast Can You Start Business in Youngsville, LA
One of the standout factors that make Youngsville an attractive place to start a business is the speed with which you can get things off the ground. In this vibrant entrepreneurial hub, the process of setting up your establishment is notably swift and hassle-free. Whether you are launching a small bakery, a tech startup, or a local service business, the ease of initiation here eliminates unnecessary roadblocks and allows you to establish your business relatively quickly.
Notably, Youngsville boasts a proactive local government that recognizes the importance of supporting aspiring entrepreneurs. With initiatives aimed at promoting economic growth and encouraging business development, the town readily provides the necessary resources and guidance required to kickstart your venture. The cooperation and efficiency of local bureaucracies make the licensing and permitting procedures relatively smooth and seamless.
Moreover, the availability of affordable commercial spaces and utilities further adds to Youngsville’s appeal for businesses starting out. With an inventory of suitable properties specifically earmarked for new enterprises, aspiring business owners can easily secure a space that meets their requirements and fits their budget. This significantly reduces the time it takes to find and secure a suitable location, allowing entrepreneurs to focus on the core aspects of their business.
Another aspect that sets Youngsville apart as a business hub is its strong community support. The locals take pride in their town and are known for patronizing local establishments and supporting homegrown entrepreneurs. This provides new businesses an edge in gaining initial traction and customer base, enabling them to establish a strong foundation quickly.
Additionally, the physical location of Youngsville offers strategic advantages for businesses looking to establish a presence in the area. Situated in proximity to larger cities like Lafayette, this small town benefits from the spill-over economic activity and access to a wider customer base. This ensures that businesses in Youngsville have the opportunity to serve both local and regional markets effectively.
In conclusion, Youngsville, LA offers an appealing business environment with efficient systems and a supportive community that fosters entrepreneurship. Thanks to a streamlined process of establishment, entrepreneurs can set up shop swiftly and focus on the core elements of their business. With ample affordable commercial spaces, easy licensing and permitting procedures, and a friendly community, Youngsville provides an exemplary ecosystem for budding businesses to thrive and succeed. Therefore, it comes as no surprise that more individuals are opting to begin their entrepreneurial journey in this dynamic small town.
Starting a business in Youngsville is not only easy but also profitable. A large portion of the US and even people from other countries are registering their business in the US for intercontinental brand building. Besides, Louisiana has a sustainable economic atmosphere that is enough to encourage newbies to start and run their businesses in Youngsville, LA.