Connecticut Business Startup Guides
Opening a Business in Danbury, Connecticut
Contemplating starting a business in Danbury, Connecticut? We walk you through the process of opening a business in Danbury.
Is Becoming an Entrepreneur Right for You?
Before you get too far along in the process, assess your entrepreneurial instincts and capabilities.
While entrepreneurship has become a popular career choice, we recommend you do the following before you take the plunge:
- Speak with other entrepreneurs in Danbury. Get their take on what it's really like to be an entrepreneur.
- You should read Business Failure. It's a good read for those who are thinking about becoming an entrepreneur.
- Involve a spouse, family member or trusted friend in the decision. That's the best way to get a truly objective assessment as to whether others think you have what it takes.
What Business Are You Starting?
There are many businesses that you can start. How do you know which type of business is right for you? To help you decide on a business type, we encourage you to read Good Business Ideas.
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 Bathroom Fixtures & Accessories Retail Business guide or our How to Start a Precast Concrete Form Erection Contractors Business guide.
Remember that your new startup will be located in Danbury. Some businesses will do better in Danbury than others. Don't forget to review Danbury demographics to see if there's a market for what you want to sell.
Danbury, Connecticut Demographic Information
Danbury has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Danbury demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Danbury.
Businesses
As a new Danbury entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Danbury 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.
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.
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Company.
As a final piece of advice, remember that because you are opening a business in Danbury, it's very important that you make sure no other Connecticut company is using the business name you want to use.
The Role of the Business Plan
Having a business plan is essential in laying a solid foundation for your business success. In effect, a business plan is a written description of the future you envision for your business. Not having a business plan makes you more prone to becoming a business failure statistic.
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 Connecticut.
How to Sell
Being able to sell is critical to your business success. Whether you are focused on selling local customers in Danbury or are selling to customers throughout Connecticut, the United States or even the world, you have to be able to sell.
Not knowing how to sell can result in lost customers and minimal market share. Fortunately, we've got plenty of good advice to help you improve your selling skills.
Selling with Questions 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.
Some Interesting Danbury Entrepreneurs
We're compiling a number of interviews with Danbury entrepreneurs. Enjoy!
Moving Forward
You have a dream -- starting a business in Danbury. To achieve your dream, you have to persevere, even when the odds are against you.
From this point on, you control your own destiny.
This site is all about helping entrepreneurs in Danbury 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 Danbury, Connecticut
Here are more links that we believe will help you be successful in starting a business in Danbury.
- Resources for Danbury, Connecticut Entrepreneurs - Browse a variety of resources we've collected to assist Danbury entrepreneurs.
- Connecticut Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Connecticut.
- Connecticut Small Business Development Center - Central Connecticut State University's Institute of Technology and Business Development (ITBD) supports Connecticut businesses and business-related organizations with training, technology assistance, conferencing services, procurement services and business incubation.
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