Thinking about starting a business in Londonderry, New Hampshire? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Londonderry.
Will You Be a Good Entrepreneur?
Before you get too far along in the process, take inventory of 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 Londonderry. They are usually very willing to share their insights on the ups and downs of being an entrepreneur.
- We recommend reading Should You Become an Entrepreneur?. For aspiring new entrepreneurs, it's a must read article.
- Have a candid conversation with friends and family. Others sometimes know you better than you know yourself.
Londonderry, New Hampshire Demographic Information
Londonderry has an active business community that includes small businesses,
mid-sized businesses and large businesses.
To give you a better feel for Londonderry demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Londonderry.
| Business Size | # of
Businesses |
| 1-4 Employees |
1194 |
| 5-9 Employees |
453 |
| 10-19 Employees |
297 |
| 20-49 Employees |
198 |
| 50-99 Employees |
108 |
| 100-249 Employees |
66 |
| 250-499 Employees |
9 |
| 500-999 Employees |
3 |
| 1000+ Employees |
3 |
| All Londonderry Businesses |
2331 |
As a new Londonderry entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Londonderry 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 |
|
Adhesive Manufacturing |
1 |
| Advertising Agencies |
2 |
| Aluminum Foundries (except Die-Casting) |
3 |
| Architectural Services |
2 |
| Armored Car Services |
1 |
| Automotive Parts and Accessories Stores |
4 |
| Automotive Transmission Repair |
2 |
| Beauty Salons |
9 |
|
Beer, Wine, and Liquor Stores |
1 |
| Book Stores |
1 |
| Broom, Brush, and Mop Manufacturing |
1 |
| Business Associations |
1 |
| Cable and Other Program Distribution |
2 |
| Child Day Care Services |
10 |
| Children's and Infants' Clothing Stores |
1 |
| Civic and Social Organizations |
2 |
|
Claims Adjusting |
1 |
| Commercial Lithographic Printing |
1 |
| Commercial Screen Printing |
1 |
| Computer and Software Stores |
2 |
| Computer Systems Design Services |
13 |
| Confectionery and Nut Stores |
1 |
| Confectionery Merchant Wholesalers |
1 |
| Consumer Lending |
1 |
|
Convenience Stores |
3 |
| Couriers |
4 |
| Custom Computer Programming Services |
13 |
| Custom Roll Forming |
1 |
| Dental Laboratories |
1 |
| Diet and Weight Reducing Centers |
2 |
| Direct Life Insurance Carriers |
1 |
| Direct Mail Advertising |
1 |
|
Discount Department Stores |
1 |
| Distilleries |
1 |
| Drafting Services |
2 |
| Drywall and Insulation Contractors |
3 |
| Electrical Contractors |
12 |
| Electronic Computer Manufacturing |
1 |
| Electronic Shopping |
1 |
| Elementary and Secondary Schools |
4 |
|
Employment Placement Agencies |
4 |
| Engineering Services |
8 |
| Environmental Consulting Services |
2 |
| Exam Preparation and Tutoring |
1 |
| Exterminating and Pest Control Services |
1 |
| Family Clothing Stores |
2 |
| Fine Arts Schools |
4 |
| Finish Carpentry Contractors |
2 |
|
Fitness and Recreational Sports Centers |
4 |
| Flooring Contractors |
1 |
| Florists |
3 |
| Fluid Milk Manufacturing |
1 |
| Food (Health) Supplement Stores |
1 |
| Food Service Contractors |
1 |
| Footwear Merchant Wholesalers |
1 |
| Framing Contractors |
3 |
|
Full-Service Restaurants |
15 |
| Funeral Homes and Funeral Services |
1 |
| Furniture Merchant Wholesalers |
3 |
| Furniture Stores |
1 |
| General Automotive Repair |
9 |
| General Freight Trucking, Local |
6 |
| Gift, Novelty, and Souvenir Stores |
4 |
| Glass and Glazing Contractors |
1 |
|
Golf Courses and Country Clubs |
2 |
| Graphic Design Services |
2 |
| Hardware Merchant Wholesalers |
2 |
| Heating Oil Dealers |
1 |
| Hobby, Toy, and Game Stores |
1 |
| Home Centers |
2 |
| Home Health Care Services |
2 |
| Home Health Equipment Rental |
1 |
|
Industrial Mold Manufacturing |
2 |
| Institutional Furniture Manufacturing |
1 |
| Insurance Agencies and Brokerages |
7 |
| Internet Publishing and Broadcasting |
1 |
| Investigation Services |
1 |
| Investment Advice |
4 |
| Janitorial Services |
12 |
| Jewelry Stores |
1 |
|
Land Subdivision |
2 |
| Landscaping Services |
17 |
| Limited-Service Restaurants |
15 |
| Limousine Service |
2 |
| Linen Supply |
1 |
| Machine Shops |
7 |
| Mail-Order Houses |
2 |
| Marketing Consulting Services |
2 |
|
Masonry Contractors |
5 |
| Meat Markets |
1 |
| Media Buying Agencies |
1 |
| Media Representatives |
1 |
| Medical Laboratories |
1 |
| Medicinal and Botanical Manufacturing |
1 |
| Men's Clothing Stores |
1 |
| Mortgage and Nonmortgage Loan Brokers |
2 |
|
Motion Picture and Video Production |
1 |
| Motor Vehicle Body Manufacturing |
1 |
| Museums |
1 |
| Musical Groups and Artists |
1 |
| Nail Salons |
1 |
| New Car Dealers |
2 |
| New Housing Operative Builders |
3 |
| Newspaper Publishers |
1 |
|
Nonresidential Property Managers |
2 |
| Office Administrative Services |
1 |
| Office Supplies and Stationery Stores |
2 |
| Offices of Certified Public Accountants |
12 |
| Offices of Chiropractors |
8 |
| Offices of Dentists |
13 |
| Offices of Lawyers |
16 |
| Offices of Optometrists |
1 |
|
Offices of Real Estate Appraisers |
1 |
| Painting and Wall Covering Contractors |
2 |
| Pet and Pet Supplies Stores |
1 |
| Petroleum Bulk Stations and Terminals |
1 |
| Pharmacies and Drug Stores |
3 |
| Photography Studios, Portrait |
1 |
| Precision Turned Product Manufacturing |
1 |
| Private Mail Centers |
1 |
|
Professional Employer Organizations |
1 |
| Quick Printing |
1 |
| Real Estate Credit |
5 |
| Refrigerated Warehousing and Storage |
2 |
| Residential Property Managers |
2 |
| Residential Remodelers |
11 |
| Roofing Contractors |
1 |
| Sales Financing |
1 |
|
Savings Institutions |
3 |
| Sawmills |
1 |
| School and Employee Bus Transportation |
1 |
| Securities Brokerage |
3 |
| Sewage Treatment Facilities |
1 |
| Sheet Metal Work Manufacturing |
1 |
| Shoe Stores |
2 |
| Sign Manufacturing |
1 |
|
Site Preparation Contractors |
6 |
| Snack and Nonalcoholic Beverage Bars |
3 |
| Soft Drink Manufacturing |
1 |
| Software Publishers |
3 |
| Solid Waste Collection |
3 |
| Sporting Goods Stores |
1 |
| Tax Preparation Services |
2 |
| Telemarketing Bureaus |
2 |
|
Temporary Help Services |
4 |
| Tile and Terrazzo Contractors |
1 |
| Tire and Tube Merchant Wholesalers |
1 |
| Tire Dealers |
1 |
| Tire Retreading |
1 |
| Title Abstract and Settlement Offices |
6 |
| Tobacco Stores |
1 |
| Toilet Preparation Manufacturing |
1 |
|
Travel Agencies |
1 |
| Used Car Dealers |
2 |
| Used Merchandise Stores |
2 |
| Vending Machine Operators |
1 |
| Veterinary Services |
4 |
| Video Tape and Disc Rental |
2 |
| Wholesale Trade Agents and Brokers |
15 |
| Wired Telecommunications Carriers |
2 |
Have You Considered Buying an Existing Londonderry Business?
We've created a helpful website page for those who want to Buy a Business in New Hampshire. Follow that link and you may find several good businesses for sale in Londonderry.
If you are serious about buying a business, you may want to read this article: Hold Harmless Agreements When Buying Businesses.
Picking a Company Name
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.
Companies like Starbucks, Apple, Target, Microsoft and Intuit all have strong company names that are easy to remember and have become well-loved brands. Wouldn't it be nice if your new company name got on a similar track?
For other considerations regarding naming a company, we recommend this article: Branding Advice.
As a final piece of advice, remember that because you are planning on starting a business in Londonderry, it's very important that you make sure no New Hampshire company has already registered the company name you have selected.
Getting Money to Start a Business
Obtaining startup financing for your Londonderry 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 Realistic Debt Financing Options.
For Londonderry entrepreneurs with great ambition but a shortage of investment capital, check out our List of New Hampshire Angel Investors and our List of New Hampshire Venture Capital Firms.
Advancing Your Entrepreneurial Skills
Successful entrepreneurs recognize that they don't know everything.
Given that you are starting a business in Londonderry, New Hampshire, you should investigate some of the many programs available at nearby New Hampshire universities, colleges and community colleges. Another way to keep up on your entrepreneurial education is to investigate networking groups or organizations in which Londonderry entrepreneurs get together to network and trade their business experiences.
What's Next?
You have a dream -- starting a business in Londonderry. To achieve your dream, you have to persevere, even when the odds are against you.
From this point on, you control your own destiny.
Our goal here is to promote the vitality and growth of small businesses in Londonderry and throughout the United States . 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 Londonderry, New Hampshire
Here are more links that we believe will help you be successful in starting a business in Londonderry.
- Resources for Londonderry, New Hampshire Entrepreneurs - Browse a variety of resources we've collected to assist Londonderry entrepreneurs.
- New Hampshire Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in New Hampshire.
- New Hampshire Small Business Development Center - The New Hampshire Small Business Development Center offers free, one-on-one, confidential business counseling, low cost training programs, and other great services for New Hampshire entrepreneurs.
- Londonderry, New Hampshire Newspaper Ad Rates - This is a nearly comprehensive list of advertising rates for Londonderry, New Hampshire newspapers, including ad costs for newspapers serving the Londonderry area.
- Londonderry, New Hampshire Payroll Services - This list includes Londonderry, New Hampshire payroll services, national payroll services for Londonderry, and helpful information on choosing a Londonderry payroll service.
- Londonderry, New Hampshire Businesses for Sale - This list includes resources for buying a business in Londonderry, New Hampshire, such as business brokers in Londonderry and other helpful information on how to buy a Londonderry business.
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