Pennsylvania Business Startup Guides
Open a Business in Johnstown, Pennsylvania
Need help starting a business in Johnstown, Pennsylvania? We've got the information you need to open a business in Johnstown.
What Business Are You Starting?
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 How to Start an Aeronautical Supplies Business guide or our How to Start a Washing Machine & Dryer Parts & Supplies Dealership guide.
Remember that you are starting a business in Johnstown. Some businesses will do better in Johnstown than others. A critical consideration is whether Johnstown demographics mesh well with your startup concept.
Johnstown, Pennsylvania Demographic Information
Johnstown has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Johnstown demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Johnstown.
Businesses
As a new Johnstown entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Johnstown 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
Selecting a Name For Your Company
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.
We strongly advocate that you make sure the ".com" domain name is available for your company name. Every business needs a strong Web presence these days, and having a non ".com" domain means somebody else may outrank you in the search results for your own company name.
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Company.
There's one other important factor when naming a business. Since you are starting a business in Johnstown, it's imperative that you check now that no other Pennsylvania company is using the business name you want to use.
Company Formation in Johnstown, Pennsylvania
It's essential that you are forming a legal entity that operates independently from you. 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.
Incorporating is a very common way to legally create a business entity. A key decision is whether to form and S-Corp or a C-Corp, and you also must decide in which state you will incorporate. Just because you are starting a business in Pennsylvania, you don't necessarily have to incorporate in Pennsylvania. As it turns out, you can incorporate in any state you would like to. 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's a lot to know about forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Corporate Formalities. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Johnstown, Pennsylvania, our information on Incorporating in Pennsylvania may be a useful resource if you decide to incorporate in Pennsylvania.
The Role of the Business Plan
Having a business plan is critical 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. Starting a business without 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. A great resource for business planning assistance is the free business counselors available to you through your local SCORE chapter in Pennsylvania.
Where to Get Money to Start a Company
Getting your Johnstown business the capital it needs to succeed is not an easy task. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.
Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled 504 Loans.
For Johnstown entrepreneurs who want to raise money for a new venture, check out our List of Pennsylvania Angel Investors and our List of Pennsylvania Venture Capital Firms.
Learning More About Entrepreneurship
Good entrepreneurs know that they need to continually improve.
As an entrepreneur who lives in Johnstown, Pennsylvania, you will want to take advantage of the many programs available at nearby Pennsylvania universities, colleges and community colleges. It's also worthwhile to see if there are any networking groups or organizations in which Johnstown entrepreneurs get together to network and trade their business experiences.
Never Give Up
Most new Johnstown businesses underestimate the number of challenges they will face.
Owning your own business will be a daunting task, but you can do it.
We are here to help Johnstown businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Johnstown 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 Johnstown, Pennsylvania
Here are more links that we believe will help you be successful in starting a business in Johnstown.
- Resources for Johnstown, Pennsylvania Entrepreneurs - Browse a variety of resources we've collected to assist Johnstown entrepreneurs.
- Pennsylvania Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Pennsylvania.
- Pennsylvania Small Business Development Center - Pennsylvania SBDCs help aspiring entrepreneurs turn ideas into businesses, help small firms expand, and provide the information every business person needs to make critical decisions. There is no charge for their assistance and their free help can make the difference between business success and failure.
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