Connecticut Business Startup Guides
Starting a Business in New Britain, Connecticut
Thinking about starting a business in New Britain, Connecticut? This step-by-step guide walks you through the major decisions you should consider before opening a new business in New Britain.
New Britain, Connecticut Demographic Information
New Britain has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for New Britain demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in New Britain.
Businesses
As a new New Britain entrepreneur, you may also be interested in the table below. It shows how many businesses there are in New Britain 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
What About Buying an Existing New Britain 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 New Britain.
Before buying a business, be sure to read this article: Hold Harmless Agreements When Buying Businesses.
Picking a Business Name
A big decision when starting a company is choosing a company name. Believe it or not, choosing a good company name can be a big contributor to your business success.
Company names need to be easy to spell, easy to pronounce, and easy to remember.
Numerous company naming issues are discussed in more detail in this article: Naming a Company.
As a final piece of advice, remember that because you are starting a business in New Britain, it's critical that you ensure that no Connecticut company has already registered the company name you have selected.
Don't Skip the Business Plan
Writing a business plan is critical to the health of your new business. Simply put, your business plan is your game plan for how you hope to grow your business. Failure to write a business plan will greatly reduce your chances of business success.
To learn more about business plans, read Free Business Plan Templates. You should also take advantage of free counseling sessions provided by your local SCORE chapter in Connecticut.
Raising Money for Your New Venture
Obtaining startup financing for your New Britain business is very difficult due to the ongoing business credit crunch. In fact, financing your new business may be the hardest challenge you ever face.
On the bright side, this site contains dozens of articles on raising money, including one we recommend entitled Choosing VC Firms.
For New Britain entrepreneurs in need of startup financing, check out our List of Connecticut Angel Investors and our List of Connecticut Venture Capital Firms.
The Art of Selling
Do you know how to sell? In order to attract customers to your new New Britain business, you need to focus on sales.
Why should customers buy from you instead of buying from competitors? Let us help you refine your selling techniques through our many useful sales advice tips.
Good Sales Strategies is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.
Next Steps
As an entrepreneur in New Britain, 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 New Britain and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in New Britain, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in New Britain, Connecticut
Here are more links that we believe will help you be successful in starting a business in New Britain.
- Resources for New Britain, Connecticut Entrepreneurs - Browse a variety of resources we've collected to assist New Britain entrepreneurs.
- Connecticut Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Connecticut.
- Connecticut Small Business Development Center - Central Connecticut State University's Institute of Technology and Business Development (ITBD) supports Connecticut businesses and business-related organizations with training, technology assistance, conferencing services, procurement services and business incubation.
Starting-a-Business Guides for Other Cities in Connecticut
Starting a Business in Naugatuck
Starting a Business in New Canaan
Browse All Business Startup Guides for Connecticut
Starting a Business Guides for Other States
Share this article
Additional Resources for Entrepreneurs