Open a Business in Denton, Maryland

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

Is Becoming an Entrepreneur Right for You?

Most new businesses fail, in part because the entrepreneur did not have the entrepreneurial skills and traits needed 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:

• Reach out to other entrepreneurs in Denton. Get their take on what it's really like to be an entrepreneur.
• Peruse Should You Become an Entrepreneur?. This is one of our more popular articles for folks who want to go into business for themselves.
• Have a candid conversation with friends and family. That's the best way to get a truly objective assessment as to whether others think you have what it takes.

What Business to Start

An important decision is what kind of business you want to start. To stir your creative juices on what kind of business to start, take a look at Finding Your Niche in Life.

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 Knobs Business guide or our How to Start a Licensed Vocational Nurses LVN Business guide.

Remember that you are starting a business in Denton. Some businesses will do better in Denton than others. A critical consideration is whether Denton demographics mesh well with your startup concept.

Denton, Maryland Demographic Information

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

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

Business Size	# of Businesses
1-4 Employees	3339
5-9 Employees	1113
10-19 Employees	840
20-49 Employees	546
50-99 Employees	147
100-249 Employees	63
250-499 Employees	0
500-999 Employees	0
1000+ Employees	0
All Denton Businesses	6048

As a new Denton entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Denton 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
Automotive Parts and Accessories Stores	1
Beauty Salons	6
Beer, Wine, and Liquor Stores	1
Boat Building	2
Book Stores	1
Business Associations	2
Cafeterias	1
Cemeteries and Crematories	1
Child and Youth Services	1
Child Day Care Services	3
Civic and Social Organizations	4
Collection Agencies	1
Commercial Lithographic Printing	1
Computer and Software Stores	1
Credit Unions	1
Drywall and Insulation Contractors	2
Educational Support Services	1
Electric Power Distribution	2
Electrical Contractors	7
Elementary and Secondary Schools	1
Engineering Services	1
Farm Supplies Merchant Wholesalers	1
Finish Carpentry Contractors	1
Fitness and Recreational Sports Centers	2
Flooring Contractors	2
Florists	1
Framing Contractors	1
Full-Service Restaurants	5
Funeral Homes and Funeral Services	1
General Automotive Repair	5
General Freight Trucking, Local	1
Gift, Novelty, and Souvenir Stores	3
Golf Courses and Country Clubs	2
Hardware Stores	1
Home Health Care Services	1
Homes for the Elderly	3
Inland Water Freight Transportation	1
Insurance Agencies and Brokerages	3
Internet Publishing and Broadcasting	1
Janitorial Services	2
Landscaping Services	4
Limited-Service Restaurants	5
Marinas	1
Masonry Contractors	6
New Car Dealers	2
Newspaper Publishers	1
Nursing Care Facilities	3
Office Administrative Services	1
Offices of Certified Public Accountants	5
Offices of Dentists	4
Offices of Lawyers	7
Paint and Coating Manufacturing	1
Painting and Wall Covering Contractors	3
Pharmacies and Drug Stores	3
Ready-Mix Concrete Manufacturing	1
Residential Property Managers	1
Residential Remodelers	8
Roofing Contractors	2
School and Employee Bus Transportation	2
Sign Manufacturing	2
Site Preparation Contractors	8
Snack and Nonalcoholic Beverage Bars	2
Solid Waste Collection	1
Solid Waste Landfill	1
Special Needs Transportation	1
Sporting Goods Stores	2
Tax Preparation Services	1
Temporary Help Services	1
Temporary Shelters	1
Tire Dealers	1
Used Car Dealers	1
Used Merchandise Stores	3
Veterinary Services	1
Video Tape and Disc Rental	2

Do You Need a Business Plan?

A business plan is vital to the health of your new business. 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 Business Plan Software. A great resource for business planning assistance is the face-to-face free consulting available from your local SCORE chapter in Maryland.

Where to Get Money to Start a Company

Obtaining startup financing for your Denton business requires strong organization skills and perseverance. The reality is that there is very little funding available for new small businesses, and you have to explore every possible alternative.

To learn about raising money, we recommend you read the fundraising articles on our site, such as Borrowing Money from Friends and Family.

For Denton entrepreneurs who want to raise money for a new venture, check out our List of Maryland Angel Investors and our List of Maryland Venture Capital Firms.

Marketing Your New Business

To grow your Denton business, you need a excellent marketing plan.

There are myriad resources on this site to help you with your marketing plan. Telemarketing Service Costs 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.

Moving Forward

Most new Denton 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 Denton and throughout the United States . We believe entrepreneurship is an amazing engine for job creation in Denton, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Denton, Maryland

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

• Resources for Denton, Maryland Entrepreneurs - Browse a variety of resources we've collected to assist Denton entrepreneurs.
• Maryland Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Maryland.
• Maryland Small Business Development Center - The Maryland Small Business Development Center Network has six regional offices and more than 20 locations where Maryland entrepreneurs can receive comprehensive, resources and relevant assistance.
• Denton, Maryland Newspaper Ad Rates - This is a nearly comprehensive list of advertising rates for Denton, Maryland newspapers, including ad costs for newspapers serving the Denton area.
• Denton, Maryland Radio Advertising Prices - To help you in your marketing efforts, we've gathered radio advertising rates for Denton, Maryland area radio stations.

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