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  Entrepreneurial Resources - Advice for Connecticut Entrepreneurs  
  Naugatuck, Connecticut Resources for Entrepreneurs  
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Open a Business in Naugatuck, Connecticut

Contemplating starting a business in Naugatuck, Connecticut? We walk you through the process of opening a business in Naugatuck.

What Business to Start

An important decision is what kind of business you want to start. If you are struggling with what type of business to start, read 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 Opening an Accountants Information & Referral Business guide or our How to Start a Sound Control Structures & Equipment Business guide.

Remember that your new business will be in Naugatuck. Some businesses will do better in Naugatuck than others. Only by spending some time analyzing Naugatuck demographics can you decide if there will be strong demand for your business idea.

Naugatuck, Connecticut Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 868
5-9 Employees 290
10-19 Employees 168
20-49 Employees 132
50-99 Employees 51
100-249 Employees 30
250-499 Employees 6
500-999 Employees 0
1000+ Employees 0
All Naugatuck Businesses 1545

As a new Naugatuck entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Naugatuck 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
Aircraft Manufacturing 1
Ambulance Services 1
Automobile Driving Schools 1
Automotive Exhaust System Repair 1
Automotive Parts and Accessories Stores 2
Automotive Transmission Repair 1
Beauty Salons 12
Beer, Wine, and Liquor Stores 5
Book Stores 2
Business Associations 2
Car Washes 1
Carpet and Upholstery Cleaning Services 1
Caterers 2
Cemeteries and Crematories 1
Child Day Care Services 4
Civic and Social Organizations 2
Commercial Lithographic Printing 2
Computer and Software Stores 1
Computer Systems Design Services 2
Convenience Stores 4
Custom Computer Programming Services 1
Custom Roll Forming 1
Diagnostic Imaging Centers 1
Direct Life Insurance Carriers 1
Discount Department Stores 1
Drinking Places (Alcoholic Beverages) 9
Drywall and Insulation Contractors 1
Electrical Contractors 16
Electronic Connector Manufacturing 2
Electronic Shopping 1
Elementary and Secondary Schools 1
Engineering Services 2
Family Clothing Stores 1
Finish Carpentry Contractors 2
Fitness and Recreational Sports Centers 6
Floor Covering Stores 1
Flooring Contractors 5
Florists 3
Fluid Milk Manufacturing 1
Folding Paperboard Box Manufacturing 1
Food (Health) Supplement Stores 1
Food Service Contractors 1
Framing Contractors 7
Full-Service Restaurants 17
Funeral Homes and Funeral Services 3
Furniture Merchant Wholesalers 1
General Automotive Repair 10
General Freight Trucking, Local 1
General Warehousing and Storage 3
Gift, Novelty, and Souvenir Stores 2
Glass and Glazing Contractors 1
Heating Oil Dealers 3
Home Centers 1
Home Furnishing Merchant Wholesalers 1
Household Appliance Stores 1
Insurance Agencies and Brokerages 9
Investigation Services 1
Janitorial Services 7
Landscaping Services 4
Lessors of Other Real Estate Property 1
Libraries and Archives 1
Limited-Service Restaurants 17
Machine Shops 2
Mail-Order Houses 1
Masonry Contractors 3
Meat Processed from Carcasses 1
Metal Stamping 3
Mortgage and Nonmortgage Loan Brokers 1
Nail Salons 2
New Car Dealers 2
New Housing Operative Builders 1
Newspaper Publishers 1
Nonresidential Property Managers 1
Nursing Care Facilities 4
Office Equipment Merchant Wholesalers 2
Offices of Certified Public Accountants 3
Offices of Chiropractors 3
Offices of Dentists 11
Offices of Lawyers 17
Offices of Optometrists 1
Offices of Other Holding Companies 1
Offices of Podiatrists 2
Optical Goods Stores 2
Paint and Wallpaper Stores 1
Painting and Wall Covering Contractors 2
Passenger Car Rental 1
Pet and Pet Supplies Stores 2
Pharmacies and Drug Stores 4
Photography Studios, Portrait 3
Plastics Bottle Manufacturing 1
Plate Work Manufacturing 2
Portfolio Management 1
Precision Turned Product Manufacturing 3
Real Estate Credit 1
Residential Property Managers 1
Residential Remodelers 4
Retail Bakeries 1
Roofing Contractors 1
Savings Institutions 6
School and Employee Bus Transportation 4
Sheet Metal Work Manufacturing 1
Shoe Stores 1
Siding Contractors 2
Sign Manufacturing 1
Site Preparation Contractors 1
Snack and Nonalcoholic Beverage Bars 4
Soap and Other Detergent Manufacturing 1
Software Publishers 1
Sporting Goods Stores 1
Sports and Recreation Instruction 2
Tax Preparation Services 2
Telephone Apparatus Manufacturing 1
Textile Machinery Manufacturing 1
Tire Dealers 1
Travel Agencies 4
Used Car Dealers 6
Vending Machine Operators 1
Veterinary Services 2
Video Tape and Disc Rental 1
Vocational Rehabilitation Services 1
Water Supply and Irrigation Systems 3
Window Treatment Stores 1
Wired Telecommunications Carriers 1
Women's Clothing Stores 1

What About Buying an Existing Naugatuck Business?

If you have some capital to play with, you may want to Buy a Business in Connecticut. Follow that link and you may find several good businesses for sale in Naugatuck.

For anybody who wants to buy a business, we recommend reading this useful article: How to Buy a Business.

Forming a Company in Naugatuck, Connecticut

It's essential that your business is formed as a legal entity that is separate from its owners. Among other things, forming a legal entity for the business limits your liabilities.

When forming a company, you will pick from many company types, such as a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.

Incorporation is a very common way to legally create a business entity. Of course, you have to decide which type of corporation to form and where to incorporate. If you are starting a business in Connecticut, you don't necessarily have to incorporate in Connecticut. As it turns out, you can incorporate wherever you want. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.

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 Avoiding Personal Liability in Business. You should also consider getting professional assistance from your business lawyer. On a final note, since you will be starting a business in Naugatuck, Connecticut, our web page covering Incorporating in Connecticut may be a useful resource if you decide to incorporate in Connecticut.

Don't Skip the Business Plan

Creating a business plan is critical in laying a solid foundation for your business success. Simply put, your business plan is your game plan for how you hope to grow your business. Failure to write a business plan

To learn more about business plans, read Business Plan Software. You should also take advantage of free business counselors available to you through your local SCORE chapter in Connecticut.

Marketing Your New Venture

To grow your Naugatuck business, you need a great marketing plan.

You can learn quite a bit about marketing on our site. Advertising in the Yellow Pages is an article that will stimulate a few thoughts on your marketing plan. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.

What's Next?

As an entrepreneur in Naugatuck, you won't be working for the boss anymore. You are the boss.

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 Naugatuck and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Naugatuck, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Naugatuck, Connecticut

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

More Startup Articles for Connecticut Cities
Starting a Business in Mystic
Starting a Business in New Britain

Browse All Business Startup Guides for Connecticut
Starting a Business Guides for Other States

 

 

Additional Resources for Entrepreneurs

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Buying a Business - Writing a Business Plan - Raising Money - Incorporate

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Startup Leadership - Strategy - Intellectual Property and Entrepreneurs

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