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  Compton, California Resources for Entrepreneurs  
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Opening a Business in Compton, California

Thinking about starting a business in Compton, California? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Compton.

Compton, California Demographic Information

Compton has an active business community that includes small businesses, mid-sized businesses and large businesses.

To give you a better feel for Compton demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Compton.

Business Size# of
Businesses
1-4 Employees 3370
5-9 Employees 1428
10-19 Employees 1288
20-49 Employees 1320
50-99 Employees 678
100-249 Employees 324
250-499 Employees 84
500-999 Employees 18
1000+ Employees 6
All Compton Businesses 8516

As a new Compton entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Compton 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
Adhesive Manufacturing 1
Air and Gas Compressor Manufacturing 1
Aluminum Foundries (except Die-Casting) 2
Appliance Repair and Maintenance 1
Apprenticeship Training 1
Architectural Services 1
Automobile Driving Schools 2
Automotive Exhaust System Repair 2
Automotive Glass Replacement Shops 2
Automotive Parts and Accessories Stores 14
Automotive Transmission Repair 2
Baked Goods Stores 4
Ball and Roller Bearing Manufacturing 1
Beauty Salons 5
Beer and Ale Merchant Wholesalers 1
Beer, Wine, and Liquor Stores 18
Book Publishers 1
Book Stores 1
Broadwoven Fabric Finishing Mills 2
Broom, Brush, and Mop Manufacturing 1
Business Associations 2
Cable and Other Program Distribution 2
Cafeterias 1
Car Washes 4
Carpet and Upholstery Cleaning Services 1
Casino Hotels 1
Cemeteries and Crematories 2
Cheese Manufacturing 1
Child and Youth Services 7
Child Day Care Services 30
Children's and Infants' Clothing Stores 2
Civic and Social Organizations 1
Coin-Operated Laundries and Drycleaners 4
Commercial Bakeries 3
Commercial Lithographic Printing 4
Commercial Screen Printing 3
Computer Facilities Management Services 1
Computer Systems Design Services 1
Confectionery Merchant Wholesalers 3
Convenience Stores 3
Convention and Trade Show Organizers 1
Couriers 1
Credit Unions 6
Custom Compounding of Purchased Resins 1
Custom Computer Programming Services 8
Deep Sea Freight Transportation 1
Direct Mail Advertising 4
Directory and Mailing List Publishers 1
Discount Department Stores 1
Dried and Dehydrated Food Manufacturing 1
Drinking Places (Alcoholic Beverages) 3
Educational Support Services 1
Electric Power Distribution 3
Electrical Contractors 2
Electronic Computer Manufacturing 1
Elementary and Secondary Schools 9
Engineering Services 2
Environmental Consulting Services 1
Exam Preparation and Tutoring 1
Exterminating and Pest Control Services 1
Family Clothing Stores 4
Fine Arts Schools 1
Finish Carpentry Contractors 2
Fish and Seafood Markets 3
Fitness and Recreational Sports Centers 1
Floor Covering Stores 1
Flooring Contractors 1
Fluid Milk Manufacturing 1
Food (Health) Supplement Stores 3
Food Product Machinery Manufacturing 1
Food Service Contractors 3
Footwear Merchant Wholesalers 2
Framing Contractors 1
Freight Transportation Arrangement 60
Frozen Specialty Food Manufacturing 3
Fruit and Vegetable Markets 3
Full-Service Restaurants 16
Funeral Homes and Funeral Services 2
Furniture Merchant Wholesalers 5
Furniture Stores 6
General Automotive Repair 16
General Freight Trucking, Local 33
General Rental Centers 1
General Warehousing and Storage 20
Gift, Novelty, and Souvenir Stores 2
Golf Courses and Country Clubs 1
Graphic Design Services 1
Hand and Edge Tool Manufacturing 1
Hardware Manufacturing 1
Hardware Merchant Wholesalers 4
Hardware Stores 3
Hazardous Waste Collection 4
Hazardous Waste Treatment and Disposal 1
Home Furnishing Merchant Wholesalers 9
Home Health Care Services 4
Homes for the Elderly 3
Household Appliance Stores 1
Industrial Mold Manufacturing 1
Institutional Furniture Manufacturing 1
Insurance Agencies and Brokerages 2
Investment Advice 1
Janitorial Services 6
Jewelry Stores 2
Landscaping Services 2
Lessors of Other Real Estate Property 6
Limited-Service Restaurants 51
Limousine Service 1
Local Messengers and Local Delivery 1
Machine Shops 13
Mail-Order Houses 1
Marketing Consulting Services 3
Mattress Manufacturing 3
Meat Markets 4
Medical Laboratories 2
Men's Clothing Stores 3
Metal Heat Treating 1
Metal Household Furniture Manufacturing 1
Metal Stamping 6
Motor and Generator Manufacturing 1
Motor Vehicle Towing 4
Musical Groups and Artists 1
Nail Salons 8
Natural Gas Distribution 3
New Car Dealers 1
Newspaper Publishers 1
Nonferrous Forging 1
Nonresidential Property Managers 3
Nursing Care Facilities 1
Office Administrative Services 2
Office Equipment Merchant Wholesalers 6
Office Supplies and Stationery Stores 1
Offices of Certified Public Accountants 1
Offices of Chiropractors 1
Offices of Dentists 11
Offices of Lawyers 5
Offices of Optometrists 2
Ophthalmic Goods Merchant Wholesalers 1
Outerwear Knitting Mills 2
Packaging Machinery Manufacturing 1
Painting and Wall Covering Contractors 1
Perishable Prepared Food Manufacturing 1
Pet and Pet Supplies Stores 1
Petroleum Bulk Stations and Terminals 1
Petroleum Refineries 1
Pharmacies and Drug Stores 11
Plastics Bag Manufacturing 1
Political Organizations 1
Polystyrene Foam Product Manufacturing 1
Professional Employer Organizations 2
Public Relations Agencies 1
Quick Printing 1
Ready-Mix Concrete Manufacturing 1
Real Estate Investment Trusts 1
Recreational Goods Rental 2
Refrigerated Warehousing and Storage 1
Residential Property Managers 1
Residential Remodelers 3
Retail Bakeries 2
Roofing Contractors 2
Savings Institutions 1
Sawmills 2
Scheduled Freight Air Transportation 1
School and Employee Bus Transportation 3
Security Guards and Patrol Services 5
Sheet Metal Work Manufacturing 4
Shoe Stores 6
Site Preparation Contractors 4
Snack and Nonalcoholic Beverage Bars 8
Soap and Other Detergent Manufacturing 2
Software Publishers 2
Solid Waste Collection 3
Spice and Extract Manufacturing 2
Sporting Goods Stores 3
Steel Investment Foundries 3
Synthetic Rubber Manufacturing 1
Tax Preparation Services 4
Temporary Help Services 2
Temporary Shelters 1
Testing Laboratories 1
Tire and Tube Merchant Wholesalers 5
Tire Dealers 4
Tire Retreading 2
Tortilla Manufacturing 1
Tradebinding and Related Work 1
Used Car Dealers 3
Used Household and Office Goods Moving 7
Used Merchandise Stores 6
Veterinary Services 1
Video Tape and Disc Rental 2
Vocational Rehabilitation Services 2
Voluntary Health Organizations 1
Water Supply and Irrigation Systems 1
Weft Knit Fabric Mills 3
Wholesale Trade Agents and Brokers 14
Window Treatment Stores 1
Wired Telecommunications Carriers 5
Women's Clothing Stores 8
Wood Container and Pallet Manufacturing 3
Wood Office Furniture Manufacturing 2

Should You Franchise?

As you drive around Compton, you'll notice that many local entrepreneurs have gone the franchising route. Should you be giving franchising serious consideration?

Our advice is to consider franchising as an option. We have many articles on franchises, such as How Franchises Work. Become a franchising expert of sorts by reading more of our Articles on Franchising.

You can find franchise opportunities by browsing our Franchise Opportunities Directory.

Representative franchise opportunities include Teriyaki Stix and Executive Business Maintenance Franchise. Alternatively, you can browse franchise categories, such as Car Wash Franchises and Healthy Alternative Foods Franchises.

Note on Compton Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Compton.

Picking a Company Name

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.

Company names should be fun to say, and they should help people to understand what you do and how you differentiate yourself in the market.

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 Compton, it's very important that you make sure no other California company is using the business name you want to use.

The Role of the Business Plan

A business plan is essential in laying a solid foundation for your business success. Indeed, a business plan is a written description of the future you envision for your business. Not having a business plan is a recipe for disaster.

To learn more about business plans, read Reasons to Write a Business Plan. You can also get face-to-face free consulting available from your local SCORE chapter in California.

Getting Money to Start a Business

Getting your Compton business the capital it needs to succeed is very difficult due to the ongoing business credit crunch. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.

Recognizing this challenge, this site contains dozens of articles on raising money, including one we recommend entitled 504 Loans.

For Compton entrepreneurs with great ambition but a shortage of investment capital, check out our List of California Angel Investors and our List of California Venture Capital Firms.

Building Up Your Sales

Being able to sell is essential to your business success. Whether you are focused on selling local customers in Compton or are selling to customers throughout California, the United States or even the world, you have to be able to sell.

Clever sales techniques can transform any business from good to great. Fortunately, we've got plenty of good advice to help you improve your selling skills.

Why Salespeople Fail 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.

What's Next?

You have a dream -- starting a business in Compton. To achieve your dream, you have to persevere, even when the odds are against you.

If you choose the right business and love what you do, you will greatly increase your odds of success.

We are here to help Compton businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Compton, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Compton, California

Here are more links that we believe will help you be successful in starting a business in Compton.

More Business Startup Guides for California
Starting a Business in Colusa
Starting a Business in Corcoran

Browse All Business Startup Guides for California

 

 

Additional Resources for Entrepreneurs

Starting a Business - Business Ideas - Naming and Branding - City Guides

Buying a Business - Writing a Business Plan - Raising Money - Incorporate

Small Business Marketing - Customer Service Tips - Entrepreneurial Selling

Startup Leadership - Strategy - Intellectual Property and Entrepreneurs

Articles on Exporting - Human Resources for Entrepreneurs - Workers Comp

Legal Information for Entrepreneurs - Accounting for Entrepreneurs

Business Credit Cards - Nonprofit Entrepreneurs - Mission Statements

Tax Tips and Resources for Entrepreneurs - Operating Your Startup Business

Real Estate Decisions for Entrepreneurs - Franchising - Selling a Business

Starting a Home Business - Small Business Technology - Business Travel

Business Finance - Advice for Retailers - Entrepreneurship for Scientists

Administrative Professionals / Office Managers - Family Business Advice

Good Businesses to Start - Payroll Service Information - Productivity Tips

Small Business Websites - Search Engine Optimization - Online Reputation

Search Engine Marketing - Social Marketing Optimization - Radio Ad Costs

Newspaper Advertising Rates - City-Specific Resources for Entrepreneurs

Small Business Insurance - Global Entrepreneurship - Entrepreneur Features

Small Business Loans - Studying Entrepreneurship - Social Entrepreneurship

Veteran Entrepreneurs - Useful Web Sites for Entrepreneurs - Dell Deals

Entrepreneurial Resources by State - Resources for Young Entrepreneurs

African American Entrepreneurs - Resources for Hispanic Entrepreneurs

Resources for Asian Entrepreneurs - Resources for Women Entrepreneurs

Resources for Gay Entrepreneurs - Businesses for Sale - Office Supplies

Lists of Small Business Incubators - Lists of Angel Investors

Lists of Venture Capital and Private Equity Firms - Franchise Opportunities

Recommended Products and Services for Entrepreneurs - Contributors

Get FREE Price Quotes from Multiple Vendors - Business Glossary