Are you starting a business in Dayton, New Jersey? This article discusses the most important things to consider when opening a business in Dayton.
Are You Ready for Entrepreneurship?
Most new ventures don't make it, in part because the founder 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.
While entrepreneurship has become a popular career choice, we recommend you do the following before you take the plunge:
- Talk to other entrepreneurs in Dayton. Listen closely to their experiences and see if you think you too can be successful.
- We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
- Get feedback from somebody whom you trust. Ask them directly: Do I have what it takes to be an entrepreneur? Listen carefully to their answer, as they presumably know your strengths and weaknesses.
Choosing the Right Company to Start
An important decision is what kind of business you want to start. To help you decide on a business type, we encourage you to read Evaluating Your Idea.
For step-by-step instructions on starting a variety of business types, visit the Good Businesses to Start section of our site. For example, you might be interested in our Starting an Educational Services Business guide or our How to Start a Rust Preventives & Removers Business guide.
Don't forget that you are starting a business in Dayton. Some businesses will do better in Dayton than others. A critical consideration is whether Dayton demographics mesh well with your startup concept.
Dayton, New Jersey Demographic Information
Dayton has an active business community that includes small businesses,
mid-sized businesses and large businesses.
To give you a better feel for Dayton demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Dayton.
| Business Size | # of Businesses |
| 1-4 Employees |
7344 |
| 5-9 Employees |
2244 |
| 10-19 Employees |
1734 |
| 20-49 Employees |
1938 |
| 50-99 Employees |
969 |
| 100-249 Employees |
1020 |
| 250-499 Employees |
102 |
| 500-999 Employees |
102 |
| 1000+ Employees |
51 |
| All Dayton Businesses |
15504 |
As a new Dayton entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Dayton 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 |
| Beauty Salons |
3 |
| Beer, Wine, and Liquor Stores |
1 |
| Business to Business Electronic Markets |
1 |
| Cafeterias |
1 |
| Carpet and Upholstery Cleaning Services |
1 |
| Cemeteries and Crematories |
1 |
| Child Day Care Services |
2 |
| Commercial Lithographic Printing |
1 |
| Commercial Photography |
1 |
| Computer and Software Stores |
1 |
| Computer Facilities Management Services |
1 |
| Computer Systems Design Services |
11 |
| Convenience Stores |
2 |
| Custom Computer Programming Services |
13 |
| Electrical Contractors |
2 |
| Electronic Computer Manufacturing |
1 |
| Electronic Shopping |
1 |
| Engineering Services |
1 |
| Facilities Support Services |
2 |
| Fitness and Recreational Sports Centers |
1 |
| Flooring Contractors |
1 |
| Food (Health) Supplement Stores |
1 |
| Food Service Contractors |
1 |
| Freight Transportation Arrangement |
5 |
| Full-Service Restaurants |
5 |
| Furniture Stores |
1 |
| General Automotive Repair |
4 |
| General Freight Trucking, Local |
2 |
| General Warehousing and Storage |
18 |
| Hardware Merchant Wholesalers |
1 |
| Home Furnishing Merchant Wholesalers |
1 |
| Home Health Care Services |
1 |
| Insurance Agencies and Brokerages |
4 |
| Interior Design Services |
2 |
| Internet Service Providers |
1 |
| Janitorial Services |
3 |
| Jewelry Stores |
1 |
| Land Subdivision |
1 |
| Landscaping Services |
2 |
| Limited-Service Restaurants |
6 |
| Limousine Service |
1 |
| Local Messengers and Local Delivery |
1 |
| Luggage and Leather Goods Stores |
1 |
| Marketing Consulting Services |
1 |
| Metal Tank (Heavy Gauge) Manufacturing |
1 |
| Motion Picture and Video Production |
1 |
| Nail Salons |
1 |
| New Car Dealers |
4 |
| New Housing Operative Builders |
1 |
| Newspaper Publishers |
1 |
| Office Administrative Services |
4 |
| Office Supplies and Stationery Stores |
1 |
| Offices of Certified Public Accountants |
1 |
| Offices of Chiropractors |
1 |
| Offices of Dentists |
2 |
| Offices of Lawyers |
3 |
| Offices of Other Holding Companies |
1 |
| Packaging and Labeling Services |
2 |
| Paging |
1 |
| Painting and Wall Covering Contractors |
2 |
| Passenger Car Rental |
1 |
| Periodical Publishers |
1 |
| Pharmacies and Drug Stores |
3 |
| Portfolio Management |
1 |
| Printing Ink Manufacturing |
1 |
| Professional Organizations |
1 |
| Security Guards and Patrol Services |
1 |
| Sign Manufacturing |
1 |
| Snack and Nonalcoholic Beverage Bars |
1 |
| Soft Drink Manufacturing |
1 |
| Software Publishers |
1 |
| Sports and Recreation Instruction |
1 |
| Telecommunications Resellers |
1 |
| Temporary Help Services |
1 |
| Testing Laboratories |
2 |
| Theater Companies and Dinner Theaters |
1 |
| Tile and Terrazzo Contractors |
1 |
| Tire and Tube Merchant Wholesalers |
1 |
| Title Abstract and Settlement Offices |
1 |
| Toilet Preparation Manufacturing |
3 |
| Veterinary Services |
1 |
| Video Tape and Disc Rental |
1 |
| Web Search Portals |
1 |
| Wholesale Trade Agents and Brokers |
2 |
| Wired Telecommunications Carriers |
7 |
Should You Buy an Existing Dayton Business?
An excellent way to get started in business is to Buy a Business in New Jersey. Follow that link and you may find several good businesses for sale in Dayton.
Before buying a business, be sure to read this article: How to Buy a Business.
Marketing Your New Venture
To grow your Dayton business, you need a excellent marketing plan.
You can learn quite a bit about marketing on our site. Marketing Basics discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. That's just a sampling of the many useful articles we have on Marketing a Small Business.
How to Sell
Mastering the art of selling is essential if you want your new Dayton business to do well.
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.
Effective Sales Presentations is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.
Never Give Up
Most new Dayton businesses underestimate the number of challenges they will face.
If you choose the right business and love what you do, you will greatly increase your odds of success.
We are here to help Dayton businesses to be successful. 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 Dayton, New Jersey
Here are more links that we believe will help you be successful in starting a business in Dayton.
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