Are you starting a business in Broomfield, Colorado? This article discusses the most important things to consider when opening a business in Broomfield.
Will You Be a Good Entrepreneur?
Most new ventures don't make it, in part because the entrepreneur did not have the tenacity and/or the skills to succeed. So, before jumping into the world of entrepreneurship, consider all of the implications of being an entrepreneur.
Before you move forward with starting a business, be sure to do these three things:
- Talk to other entrepreneurs in Broomfield. They are usually very willing to share their insights on the ups and downs of being an entrepreneur.
- 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. Others sometimes know you better than you know yourself.
Broomfield, Colorado Demographic Information
Broomfield has an active business community that includes small businesses,
mid-sized businesses and large businesses.
To give you a better feel for Broomfield demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Broomfield.
| Business Size | # of
Businesses |
| 1-4 Employees |
4075 |
| 5-9 Employees |
1110 |
| 10-19 Employees |
807 |
| 20-49 Employees |
552 |
| 50-99 Employees |
261 |
| 100-249 Employees |
147 |
| 250-499 Employees |
48 |
| 500-999 Employees |
21 |
| 1000+ Employees |
6 |
| All Broomfield Businesses |
7027 |
As a new Broomfield entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Broomfield 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 |
8 |
| Air and Gas Compressor Manufacturing |
2 |
| Ambulance Services |
1 |
| Appliance Repair and Maintenance |
2 |
| Architectural Services |
7 |
| Art Dealers |
1 |
| Automotive Exhaust System Repair |
3 |
| Automotive Glass Replacement Shops |
1 |
| Automotive Parts and Accessories Stores |
8 |
| Automotive Transmission Repair |
1 |
| Baked Goods Stores |
1 |
| Beauty Salons |
25 |
| Bed-and-Breakfast Inns |
1 |
| Beer, Wine, and Liquor Stores |
14 |
| Book Publishers |
2 |
| Book Stores |
4 |
| Bowling Centers |
2 |
| Building Inspection Services |
6 |
| Business Associations |
8 |
| Business to Business Electronic Markets |
1 |
| Cable and Other Program Distribution |
1 |
| Camera and Photographic Supplies Stores |
1 |
| Canvas and Related Product Mills |
1 |
| Car Washes |
5 |
| Carpet and Upholstery Cleaning Services |
5 |
| Caterers |
2 |
| Cemeteries and Crematories |
1 |
| Child and Youth Services |
2 |
| Child Day Care Services |
18 |
| Children's and Infants' Clothing Stores |
5 |
| Civic and Social Organizations |
3 |
| Clothing Accessories Stores |
6 |
| Coin-Operated Laundries and Drycleaners |
1 |
| Commercial Lithographic Printing |
3 |
| Commercial Photography |
1 |
| Commercial Screen Printing |
1 |
| Computer and Software Stores |
8 |
| Computer Storage Device Manufacturing |
1 |
| Computer Systems Design Services |
55 |
| Computer Training |
1 |
| Confectionery and Nut Stores |
3 |
| Confectionery Merchant Wholesalers |
1 |
| Construction Sand and Gravel Mining |
1 |
| Consumer Lending |
1 |
| Continuing Care Retirement Communities |
1 |
| Convention and Trade Show Organizers |
2 |
| Couriers |
3 |
| Court Reporting and Stenotype Services |
1 |
| Credit Unions |
2 |
| Custom Computer Programming Services |
47 |
| Dental Laboratories |
1 |
| Diagnostic Imaging Centers |
1 |
| Diet and Weight Reducing Centers |
1 |
| Direct Life Insurance Carriers |
3 |
| Direct Mail Advertising |
2 |
| Direct Title Insurance Carriers |
3 |
| Directory and Mailing List Publishers |
2 |
| Discount Department Stores |
5 |
| Document Preparation Services |
3 |
| Drinking Places (Alcoholic Beverages) |
10 |
| Drywall and Insulation Contractors |
8 |
| Educational Support Services |
1 |
| Electrical Contractors |
30 |
| Electronic Connector Manufacturing |
1 |
| Electronic Shopping |
5 |
| Elementary and Secondary Schools |
5 |
| Employment Placement Agencies |
2 |
| Engineering Services |
49 |
| Envelope Manufacturing |
3 |
| Environmental Consulting Services |
5 |
| Exam Preparation and Tutoring |
3 |
| Exterminating and Pest Control Services |
3 |
| Facilities Support Services |
1 |
| Family Clothing Stores |
23 |
| Family Planning Centers |
1 |
| Farm Supplies Merchant Wholesalers |
2 |
| Fine Arts Schools |
10 |
| Finish Carpentry Contractors |
15 |
| Fitness and Recreational Sports Centers |
12 |
| Flight Training |
4 |
| Floor Covering Stores |
1 |
| Flooring Contractors |
12 |
| Florists |
4 |
| Food (Health) Supplement Stores |
6 |
| Food Service Contractors |
8 |
| Formal Wear and Costume Rental |
1 |
| Fossil Fuel Electric Power Generation |
1 |
| Framing Contractors |
3 |
| Freight Transportation Arrangement |
7 |
| Frozen Specialty Food Manufacturing |
1 |
| Full-Service Restaurants |
63 |
| Funeral Homes and Funeral Services |
1 |
| Furniture Merchant Wholesalers |
2 |
| Furniture Stores |
18 |
| General Automotive Repair |
17 |
| General Freight Trucking, Local |
5 |
| General Rental Centers |
2 |
| Gift, Novelty, and Souvenir Stores |
10 |
| Glass and Glazing Contractors |
1 |
| Golf Courses and Country Clubs |
2 |
| Grantmaking Foundations |
3 |
| Graphic Design Services |
7 |
| Hardware Merchant Wholesalers |
1 |
| Hardware Stores |
1 |
| Hazardous Waste Treatment and Disposal |
1 |
| HMO Medical Centers |
1 |
| Hobby, Toy, and Game Stores |
7 |
| Home Centers |
2 |
| Home Furnishing Merchant Wholesalers |
2 |
| Home Health Care Services |
1 |
| Homes for the Elderly |
2 |
| Household Appliance Stores |
4 |
| Industrial Building Construction |
1 |
| Industrial Mold Manufacturing |
1 |
| Insurance Agencies and Brokerages |
44 |
| Interior Design Services |
4 |
| Internet Publishing and Broadcasting |
2 |
| Internet Service Providers |
4 |
| Investigation Services |
2 |
| Investment Advice |
4 |
| Iron and Steel Forging |
1 |
| Janitorial Services |
30 |
| Jewelry Stores |
18 |
| Junior Colleges |
1 |
| Land Subdivision |
1 |
| Landscape Architectural Services |
1 |
| Landscaping Services |
23 |
| Lessors of Other Real Estate Property |
4 |
| Limited-Service Restaurants |
75 |
| Local Messengers and Local Delivery |
1 |
| Locksmiths |
3 |
| Luggage Manufacturing |
1 |
| Machine Shops |
14 |
| Mail-Order Houses |
5 |
| Marketing Consulting Services |
13 |
| Marking Device Manufacturing |
1 |
| Masonry Contractors |
8 |
| Meat Markets |
3 |
| Media Representatives |
2 |
| Medical Laboratories |
1 |
| Men's Clothing Stores |
3 |
| Miscellaneous Intermediation |
1 |
| Mortgage and Nonmortgage Loan Brokers |
19 |
| Motion Picture and Video Distribution |
1 |
| Motion Picture and Video Production |
2 |
| Motor and Generator Manufacturing |
1 |
| Motor Home Manufacturing |
1 |
| Motor Vehicle Metal Stamping |
1 |
| Motor Vehicle Towing |
3 |
| Motorcycle Dealers |
1 |
| Museums |
1 |
| Musical Instrument and Supplies Stores |
1 |
| Nail Salons |
6 |
| New Car Dealers |
3 |
| New Housing Operative Builders |
7 |
| News Syndicates |
1 |
| Nonresidential Property Managers |
4 |
| Nursing Care Facilities |
2 |
| Office Administrative Services |
7 |
| Office Supplies and Stationery Stores |
3 |
| Offices of Bank Holding Companies |
1 |
| Offices of Certified Public Accountants |
16 |
| Offices of Chiropractors |
18 |
| Offices of Dentists |
31 |
| Offices of Lawyers |
29 |
| Offices of Optometrists |
6 |
| Offices of Other Holding Companies |
2 |
| Offices of Podiatrists |
2 |
| Offices of Real Estate Appraisers |
8 |
| Optical Goods Stores |
5 |
| Packaging and Labeling Services |
1 |
| Paint and Wallpaper Stores |
1 |
| Painting and Wall Covering Contractors |
14 |
| Parking Lots and Garages |
1 |
| Passenger Car Rental |
2 |
| Periodical Publishers |
2 |
| Pet and Pet Supplies Stores |
2 |
| Pet Care (except Veterinary) Services |
6 |
| Pharmacies and Drug Stores |
4 |
| Photography Studios, Portrait |
11 |
| Political Organizations |
1 |
| Portfolio Management |
3 |
| Precision Turned Product Manufacturing |
5 |
| Private Mail Centers |
4 |
| Professional Employer Organizations |
1 |
| Professional Organizations |
1 |
| Public Relations Agencies |
3 |
| Quick Printing |
3 |
| Radio Networks |
1 |
| Radio Stations |
1 |
| Ready-Mix Concrete Manufacturing |
1 |
| Real Estate Credit |
14 |
| Recreational Vehicle Dealers |
1 |
| Remediation Services |
1 |
| Residential Property Managers |
10 |
| Residential Remodelers |
24 |
| Retail Bakeries |
1 |
| Reupholstery and Furniture Repair |
1 |
| Roofing Contractors |
10 |
| Sales Financing |
1 |
| Satellite Telecommunications |
1 |
| Savings Institutions |
4 |
| Securities Brokerage |
14 |
| Security Guards and Patrol Services |
1 |
| Sheet Metal Work Manufacturing |
1 |
| Shoe Stores |
11 |
| Siding Contractors |
2 |
| Sign Manufacturing |
1 |
| Site Preparation Contractors |
9 |
| Snack and Nonalcoholic Beverage Bars |
19 |
| Software Publishers |
18 |
| Solid Waste Collection |
2 |
| Sound Recording Studios |
1 |
| Sporting Goods Stores |
11 |
| Sports and Recreation Instruction |
8 |
| Tax Preparation Services |
5 |
| Telecommunications Resellers |
1 |
| Telemarketing Bureaus |
2 |
| Telephone Apparatus Manufacturing |
1 |
| Temporary Help Services |
4 |
| Testing Laboratories |
4 |
| Textile Bag Mills |
1 |
| Tile and Terrazzo Contractors |
4 |
| Tire Dealers |
5 |
| Title Abstract and Settlement Offices |
3 |
| Tobacco Stores |
1 |
| Toilet Preparation Manufacturing |
1 |
| Translation and Interpretation Services |
2 |
| Travel Agencies |
5 |
| Travel Trailer and Camper Manufacturing |
1 |
| Used Car Dealers |
3 |
| Used Household and Office Goods Moving |
1 |
| Used Merchandise Stores |
2 |
| Veterinary Services |
14 |
| Video Tape and Disc Rental |
3 |
| Web Search Portals |
1 |
| Wholesale Trade Agents and Brokers |
14 |
| Window Treatment Stores |
4 |
| Wineries |
1 |
| Wired Telecommunications Carriers |
6 |
| Women's Clothing Stores |
19 |
| Zoos and Botanical Gardens |
1 |
Have You Considered Franchising?
As you drive around Broomfield, you may be surprised to see how many franchises there are in the area. Would going with a franchise be a good idea for you?
Our advice is to evaluate the possibility of your buying a franchise opportunity. We have many articles on franchises, such as Before Buying a Franchise. 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 Beautyfirst and ChipsAway UK. Alternatively, you can browse franchise categories, such as Home Inspection Franchises and Print and Sign Franchises.
Note on Broomfield Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Broomfield.
Have You Considered Buying an Existing Broomfield Business?
An excellent way to get started in business is to Buy a Business in Colorado. Follow that link and you can assess several good businesses for sale in Broomfield.
If you are serious about buying a business, you may want to read this article: How to Buy a Business.
Naming the Company
Making the right decision when choosing a company name is very important. There are many decisions you'll make now that you can change later, but changing a company name years down the road is not very easy. So, choose a good company name at the outset.
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.
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Company.
There's one other important factor when naming a business. Since you are opening a business in Broomfield, it's imperative that you check now that your company name has not already been claimed by another Colorado business.
The Role of the Business Plan
A business plan is essential in maximizing the prospects of your new company. Simply put, a business plan is a written description of the future you envision for your business. Starting a business without a business plan is a recipe for disaster.
If writing a business plan is on your to-do list, be sure to read Expert Advice on Business Plans. A great resource for business planning assistance is the free business counselors available to you through your local SCORE chapter in Colorado.
Learning More About Entrepreneurship
The best business owners recognize that what they know now may not be enough to ensure their future success.
With your business being located in Broomfield, Colorado, you should check out some of the many programs available at nearby Colorado universities, colleges and community colleges. You should also check if there are any networking organizations for Broomfield entrepreneurs.
What's Next?
Most new Broomfield businesses underestimate the number of challenges they will face.
From this point on, you control your own destiny.
Our goal here is to promote the vitality and growth of small businesses in Broomfield and throughout the United States . 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 Broomfield, Colorado
Here are more links that we believe will help you be successful in starting a business in Broomfield.
More Business Startup Guides for Colorado
Starting a Business in Brighton
Starting a Business in Brush
Browse All
Business Startup Guides for Colorado
