New York Business Startup Guides

Open a Business in Hornell, New York

Need help starting a business in Hornell, New York? We've got the information you need to open a business in Hornell.

Is Becoming an Entrepreneur Right for You?

Before you get too far along in the process, consider your entrepreneurial instincts and capabilities.

To determine whether you have what it takes to run a business, we recommend these three steps to help you decide:

  • Talk to other entrepreneurs in Hornell. Get their take on what it's really like to be an entrepreneur.
  • We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
  • Get feedback from somebody whom you trust. That's the best way to get a truly objective assessment as to whether others think you have what it takes.

Hornell, New York Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
510
5-9 Employees
243
10-19 Employees
141
20-49 Employees
81
50-99 Employees
24
100-249 Employees
9
250-499 Employees
0
500-999 Employees
3
1000+ Employees
3
All Hornell Businesses
1014

As a new Hornell entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Hornell 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
Architectural Services
1
Automotive Glass Replacement Shops
1
Automotive Parts and Accessories Stores
5
Beer, Wine, and Liquor Stores
2
Book Stores
1
Bowling Centers
1
Broadwoven Fabric Mills
1
Business Associations
1
Cafeterias
1
Car Washes
1
Child and Youth Services
3
Child Day Care Services
7
Civic and Social Organizations
8
Collection Agencies
1
Commercial Gravure Printing
1
Community Food Services
2
Computer Systems Design Services
2
Credit Unions
3
Diagnostic Imaging Centers
1
Discount Department Stores
2
Drinking Places (Alcoholic Beverages)
5
Electric Power Distribution
1
Electrical Contractors
2
Elementary and Secondary Schools
1
Engineering Services
1
Family Clothing Stores
1
Fine Arts Schools
1
Finish Carpentry Contractors
1
Fitness and Recreational Sports Centers
2
Floor Covering Stores
1
Florists
3
Food Service Contractors
1
Full-Service Restaurants
16
Funeral Homes and Funeral Services
3
Furniture Stores
2
General Automotive Repair
7
General Medical and Surgical Hospitals
1
General Rental Centers
1
Hardware Merchant Wholesalers
2
Hardware Stores
1
Home Centers
2
Home Health Care Services
2
Home Health Equipment Rental
2
Homes for the Elderly
2
Household Appliance Stores
1
Internet Service Providers
1
Janitorial Services
2
Lessors of Other Real Estate Property
1
Limited-Service Restaurants
8
Marketing Consulting Services
1
Meat Markets
2
Men's Clothing Stores
1
Newspaper Publishers
1
Nursing Care Facilities
1
Office Supplies and Stationery Stores
1
Offices of Certified Public Accountants
3
Offices of Chiropractors
2
Offices of Dentists
4
Offices of Lawyers
8
Offices of Podiatrists
1
Optical Goods Stores
2
Painting and Wall Covering Contractors
1
Pharmacies and Drug Stores
2
Photography Studios, Portrait
1
Private Mail Centers
1
Radio Networks
1
Railroad Rolling Stock Manufacturing
2
Recreational Vehicle Dealers
1
Residential Remodelers
2
Retail Bakeries
1
Roofing Contractors
1
Savings Institutions
1
Securities Brokerage
1
Siding Contractors
1
Site Preparation Contractors
1
Software Publishers
1
Solid Waste Landfill
1
Sports and Recreation Instruction
1
Tax Preparation Services
3
Title Abstract and Settlement Offices
1
Used Merchandise Stores
1
Vending Machine Operators
1
Veterinary Services
2
Video Tape and Disc Rental
2
Wholesale Trade Agents and Brokers
1
Wired Telecommunications Carriers
3
Women's Clothing Stores
2

Forming a Company in Hornell, New York

It's essential that your business is formed as a legal entity that is separate from its owners. Doing so will protect you from personal liability for business debts and obligations.

The entity you form can be a corporation, LLC, sole proprietorship, partnership or other structure.

Incorporation is a very popular way to form a business. Of course, you have to decide which type of corporation to form and where to incorporate. If you are starting a business in New York, you don't necessarily have to incorporate in New York. In fact, you can incorporate in the state of your choosing. For example, it's very popular to incorporate in Delaware, and incorporating in Nevada has become very trendy as well. Don't forget, though, that you will have to register as a foreign entity in all states that you do business in.

There are many nuances to forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Subchapter S Corporations. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Hornell, New York, our information on Incorporating in New York may be a useful resource if you decide to incorporate in New York.

Don't Forget to Create a Business Plan

A business plan is critical to the health of your new business. Indeed, a business plan describes what you plan to do with the business and how you plan to do it. Starting a business without a business plan is a recipe for disaster.

Before you start writing a business plan, we suggest you skim Reasons to Write a Business Plan. You can also get face-to-face free consulting available from your local SCORE chapter in New York.

Raising Money for Your New Venture

Getting your Hornell business the capital it needs to succeed will be harder than you might expect. 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 Business Credit Evaluation.

For Hornell entrepreneurs who need startup capital, you'll want to take a look at our List of New York Angel Investors and our List of New York Venture Capital Firms.

Marketing Your New Venture

To grow your Hornell business, you need a solid marketing plan.

There are myriad resources on this site to help you with your marketing plan. Advertising on the Web is a good read to get your marketing juices flowing. That's just a taste of the many useful articles we have on Marketing a Small Business.

How to Sell

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

So what does it take to bring in more prospects and close more business? The good news is we can help you to make selling a big competitve advantage for your new firm.

Mastering the Complex Sale is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.

Moving Forward

You have a dream -- starting a business in Hornell. 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.

This site is all about helping entrepreneurs in Hornell and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Hornell entrepreneur who is just getting started or you are already up and running with your new venture.

More Entrepreneurial Resources for Starting a Business in Hornell, New York

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

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