Thinking about starting a business in Bayside, New York? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Bayside.
Do You Have Entrepreneurial Drive and Passion?
An entrepreneurial life is difficult, and can be orders of magnitude more strenuous than working as an employee. Are you certain you want to start a business?
Before you move forward with starting a business, be sure to do these three things:
- Talk to other entrepreneurs in Bayside. Get their candid feedback on what it takes to start a successful business.
- We recommend reading Characteristics of Successful Entrepreneurs. For aspiring new entrepreneurs, it's a must read article.
- Seek the advice of somebody who knows you well. A support network of family and friends can be a great sounding board for good advice before you decide for sure to go into business.
Which Business to Choose?
Choosing a business that is right for you is very important. We recommend that you read Evaluating Your Idea.
For in-depth how-to guides on how to start specific businesses, browse our Good Businesses to Start section of our site. For example, you might be interested in our Starting a Dance Club guide or our Starting a Tatoo Parlor guide.
Don't forget that you are starting a business in Bayside. Some businesses will do better in Bayside than others. Make sure you fully understand Bayside demographics before you lock in on your business idea.
Bayside, New York Demographic Information
Bayside has an active business community that includes small businesses,
mid-sized businesses and large businesses.
To give you a better feel for Bayside demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Bayside.
| Business Size | # of Businesses |
| 1-4 Employees |
5772 |
| 5-9 Employees |
1146 |
| 10-19 Employees |
642 |
| 20-49 Employees |
432 |
| 50-99 Employees |
108 |
| 100-249 Employees |
54 |
| 250-499 Employees |
6 |
| 500-999 Employees |
18 |
| 1000+ Employees |
0 |
| All Bayside Businesses |
8178 |
As a new Bayside entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Bayside 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.
| Business Type |
# of Businesses |
| Advertising Agencies |
1 |
| Amusement Arcades |
3 |
| Appliance Repair and Maintenance |
1 |
| Architectural Services |
4 |
| Automobile Driving Schools |
2 |
| Automotive Glass Replacement Shops |
1 |
| Automotive Parts and Accessories Stores |
1 |
| Automotive Transmission Repair |
1 |
| Baked Goods Stores |
5 |
| Barber Shops |
2 |
| Beauty Salons |
16 |
| Beer, Wine, and Liquor Stores |
5 |
| Book Stores |
3 |
| Broadwoven Fabric Finishing Mills |
1 |
| Building Inspection Services |
1 |
| Business Associations |
2 |
| Cafeterias |
1 |
| Caterers |
2 |
| Child Day Care Services |
5 |
| Children's and Infants' Clothing Stores |
2 |
| Civic and Social Organizations |
2 |
| Claims Adjusting |
2 |
| Clothing Accessories Stores |
1 |
| Coin-Operated Laundries and Drycleaners |
6 |
| Commercial Bakeries |
2 |
| Commercial Lithographic Printing |
1 |
| Commercial Photography |
1 |
| Community Food Services |
1 |
| Computer and Software Stores |
1 |
| Computer Facilities Management Services |
1 |
| Computer Systems Design Services |
7 |
| Convenience Stores |
6 |
| Couriers |
2 |
| Court Reporting and Stenotype Services |
2 |
| Custom Computer Programming Services |
10 |
| Dental Laboratories |
4 |
| Diet and Weight Reducing Centers |
1 |
| Digital Printing |
1 |
| Directory and Mailing List Publishers |
1 |
| Document Preparation Services |
3 |
| Drinking Places (Alcoholic Beverages) |
9 |
| Drywall and Insulation Contractors |
2 |
| Educational Support Services |
2 |
| Electrical Contractors |
14 |
| Electronic Shopping |
2 |
| Elementary and Secondary Schools |
7 |
| Employment Placement Agencies |
2 |
| Engineering Services |
8 |
| Environmental Consulting Services |
1 |
| Exam Preparation and Tutoring |
9 |
| Exterminating and Pest Control Services |
2 |
| Facilities Support Services |
1 |
| Family Clothing Stores |
3 |
| Fine Arts Schools |
3 |
| Finish Carpentry Contractors |
12 |
| Fitness and Recreational Sports Centers |
11 |
| Floor Covering Stores |
1 |
| Flooring Contractors |
1 |
| Florists |
4 |
| Food (Health) Supplement Stores |
1 |
| Food Service Contractors |
2 |
| Footwear Merchant Wholesalers |
3 |
| Formal Wear and Costume Rental |
1 |
| Framing Contractors |
2 |
| Freight Transportation Arrangement |
3 |
| Fruit and Vegetable Markets |
5 |
| Full-Service Restaurants |
51 |
| Funeral Homes and Funeral Services |
2 |
| Furniture Stores |
4 |
| General Automotive Repair |
6 |
| General Freight Trucking, Local |
5 |
| General Warehousing and Storage |
1 |
| Gift, Novelty, and Souvenir Stores |
7 |
| Golf Courses and Country Clubs |
1 |
| Grantmaking Foundations |
4 |
| Graphic Design Services |
4 |
| Hardware Merchant Wholesalers |
1 |
| Hardware Stores |
2 |
| Hobby, Toy, and Game Stores |
3 |
| Home Furnishing Merchant Wholesalers |
2 |
| Home Health Care Services |
3 |
| Household Appliance Stores |
2 |
| Insurance Agencies and Brokerages |
12 |
| Interior Design Services |
3 |
| Internet Publishing and Broadcasting |
1 |
| Investigation Services |
5 |
| Investment Advice |
2 |
| Janitorial Services |
6 |
| Jewelry Stores |
9 |
| Kidney Dialysis Centers |
1 |
| Land Subdivision |
1 |
| Landscape Architectural Services |
1 |
| Landscaping Services |
6 |
| Language Schools |
1 |
| Lessors of Other Real Estate Property |
2 |
| Limited-Service Restaurants |
32 |
| Limousine Service |
3 |
| Local Messengers and Local Delivery |
3 |
| Mail-Order Houses |
1 |
| Marinas |
1 |
| Marketing Consulting Services |
8 |
| Masonry Contractors |
3 |
| Meat Markets |
2 |
| Media Buying Agencies |
1 |
| Media Representatives |
1 |
| Medical Laboratories |
2 |
| Men's Clothing Stores |
1 |
| Miscellaneous Intermediation |
2 |
| Mobile Food Services |
1 |
| Mortgage and Nonmortgage Loan Brokers |
6 |
| Motion Picture and Video Production |
3 |
| Motor Vehicle Towing |
2 |
| Museums |
1 |
| Musical Groups and Artists |
3 |
| Nail Salons |
14 |
| New Car Dealers |
6 |
| News Dealers and Newsstands |
2 |
| Newspaper Publishers |
2 |
| Nonresidential Property Managers |
7 |
| Nonwoven Fabric Mills |
1 |
| Nursing Care Facilities |
2 |
| Office Administrative Services |
7 |
| Office Equipment Merchant Wholesalers |
1 |
| Office Supplies and Stationery Stores |
1 |
| Offices of Certified Public Accountants |
14 |
| Offices of Chiropractors |
8 |
| Offices of Dentists |
56 |
| Offices of Lawyers |
32 |
| Offices of Optometrists |
1 |
| Offices of Podiatrists |
4 |
| Offices of Real Estate Appraisers |
3 |
| Optical Goods Stores |
5 |
| Paint and Wallpaper Stores |
2 |
| Painting and Wall Covering Contractors |
16 |
| Parking Lots and Garages |
3 |
| Payroll Services |
1 |
| Periodical Publishers |
1 |
| Pet and Pet Supplies Stores |
2 |
| Pharmacies and Drug Stores |
6 |
| Photography Studios, Portrait |
2 |
| Plastics Bag Manufacturing |
1 |
| Private Mail Centers |
2 |
| Professional Employer Organizations |
1 |
| Professional Organizations |
1 |
| Public Relations Agencies |
2 |
| Quick Printing |
2 |
| Refrigerated Warehousing and Storage |
1 |
| Residential Property Managers |
11 |
| Residential Remodelers |
27 |
| Retail Bakeries |
2 |
| Roofing Contractors |
2 |
| Satellite Telecommunications |
1 |
| Savings Institutions |
5 |
| Securities Brokerage |
2 |
| Security Guards and Patrol Services |
2 |
| Shoe Stores |
6 |
| Site Preparation Contractors |
3 |
| Snack and Nonalcoholic Beverage Bars |
8 |
| Sporting Goods Stores |
1 |
| Sports and Recreation Instruction |
2 |
| Tax Preparation Services |
5 |
| Taxi Service |
2 |
| Telecommunications Resellers |
1 |
| Telemarketing Bureaus |
2 |
| Temporary Help Services |
3 |
| Tile and Terrazzo Contractors |
5 |
| Tire Dealers |
1 |
| Title Abstract and Settlement Offices |
7 |
| Tobacco Stores |
1 |
| Translation and Interpretation Services |
1 |
| Travel Agencies |
5 |
| Used Car Dealers |
1 |
| Veterinary Services |
2 |
| Video Tape and Disc Rental |
3 |
| Vocational Rehabilitation Services |
1 |
| Voluntary Health Organizations |
4 |
| Wholesale Trade Agents and Brokers |
10 |
| Wired Telecommunications Carriers |
2 |
| Women's Clothing Stores |
8 |
Have You Considered Franchising?
As you drive around Bayside, you'll see that franchises make up a large percentage of local businesses. But is franchising the right option for you?
We highly recommend you consider franchising as an option. On our site, you can read many articles about franchising, such as How to Find Financing for Franchises. Get a thorough education on franchising by browsing all of our Articles on Franchising.
You can review hundreds of franchise opportunities by browing our Franchise Directory.
Sample franchise opportunities include Subway Franchises and Starbucks Franchises. Alternatively, you can browse franchise categories, such as Accounting Franchises and Moving Franchises.
Note on Bayside Franchise Opportunities: To find out if a franchise you are interested in is available in Bayside, you will need to get in direct contact with the franchisor.
What About Buying an Existing Bayside Business?
We've created a helpful website page for those who want to Buy a Business in New York. Follow that link and you can assess several good businesses for sale in Bayside.
Before buying a business, be sure to read this article: Hold Harmless Agreements When Buying Businesses.
Naming the Business
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.
Before you decide on a company name, run it by some prospective customers and see what they think. If they don't like it, it's probably a good idea to go back to the drawing board.
For other considerations regarding naming a company, we recommend this article: Branding Advice.
There's one other important factor when naming a business. Since you are opening a business in Bayside, it's critical that you ensure that your company name has not already been claimed by another New York business.
Forming a Company in Bayside, New York
A critical step is ensuring that you form your business as a legal structure. Doing so will shield you from personal liability for business debts and obligations.
When forming a company, you will select one of many company types, such as a corporation, LLC, sole proprietorship, partnership or other structure.
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 New York, it doesn't mean you are required to incorporate in New York. As it turns out, you can incorporate in any state you would like to. For example, it's very popular to incorporate in Delaware, and incorporating in Nevada has become very trendy as well. Don't forget, though, that you will have to register as a foreign entity in all states that you do business in.
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 Incorporating Online. You may also want to seek the advice of an lawyer. On a final note, since you will be starting a business in Bayside, New York, our web page covering Incorporating in New York may be a useful resource if you decide to incorporate in New York.
Make Sure You Have a Business Plan
A business plan is essential in laying a solid foundation for your business success. Simply put, a business plan is a written description of the future you envision for your business. Failure to write a business plan is a recipe for disaster.
To learn more about business plans, read Expert Advice on Business Plans. You should also take advantage of free business counselors available to you through your local SCORE chapter in New York.
Raising Money for Your New Venture
Raising money to fund your new Bayside business is not an easy task. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.
Take advantage of our many articles on raising capital, such as Borrowing Money from Friends and Family.
For Bayside entrepreneurs who need startup capital, you'll want to take a look at our List of New York Angel Investors and our List of New York Venture Capital Firms.
Marketing Your New Startup
To grow your Bayside business, you'll need to have a good marketing plan.
You can learn plenty about marketing on our site. Bus Bench Advertising Costs is an article that will generate a few thoughts on your marketing plan. That's just a taste of the many useful articles we have on Marketing a Small Business.
Selling Tips
Do you know how to sell? In order to attract customers to your new Bayside business, you need to focus on sales.
Why should customers buy from you instead of buying from competitors? The good news is we can help you to make selling a big competitve advantage for your new firm.
Compensating Sales People is worth reading, as it may give you some good ideas on how to sell your products or services. We have many more good articles on selling that you may enjoy reading.
How to Improve Your Entrepreneurial Abilities
The best entrepreneurs recognize that they don't know everything.
With your business being located in Bayside, New York, you should check out some of the many programs available at nearby New York universities, colleges and community colleges. You should also check if there are any Bayside networking organizations.
Now It's Up To You
As an entrepreneur in Bayside, you won't be working for the boss anymore. You are the boss.
From this point on, you control your own destiny.
This site is all about helping entrepreneurs in Bayside and elsewhere to achieve real success. We have a wealth of experience in business start-ups, financing, marketing, sales and more...and we've made all of our knowledge available to you.
More Entrepreneurial Resources for Starting a Business in Bayside, New York
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