New York Business Startup Guides
Starting a Business in Randolph, New York
Thinking about starting a business in Randolph, New York? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Randolph.
Randolph, New York Demographic Information
Randolph has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Randolph demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Randolph.
Businesses
As a new Randolph entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Randolph 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
Have You Considered Buying an Existing Randolph Business?
If you have some capital to play with, you may want to Buy a Business in New York. Follow that link and you can review several good businesses for sale in Randolph.
If you are serious about buying a business, you may want to read this article: How to Buy a Business.
Naming the Company
Making the right decision when choosing a company name is very important. There are many decisions you'll make now that you can change later, but changing a company name years down the road is not very easy. So, choose a good company name at the outset.
Before you decide on a company name, run it by some prospective customers and see what they think. If they don't like it, it's probably a good idea to go back to the drawing board.
Numerous company naming issues are discussed in more detail in this article: Branding Advice.
There's one other important factor when naming a business. Since you are opening a business in Randolph, it's critical that you ensure that no other New York company is using the business name you want to use.
The Role of the Business Plan
A business plan is critical in maximizing the prospects of your new company. In effect, a business plan is a written description of the future you envision for your business. Failure to write a business plan is a recipe for disaster.
To learn more about business plans, read Reasons to Write a Business Plan. You should also take advantage of face-to-face free consulting available from your local SCORE chapter in New York.
Where to Get Money to Start a Company
Getting your Randolph business the capital it needs to succeed is very difficult due to the ongoing business credit crunch. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.
Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled 504 Loans.
For Randolph entrepreneurs in need of startup financing, check out our List of New York Angel Investors and our List of New York Venture Capital Firms.
Marketing Your New Company
Whether your goal is to attract Randolph customers or you plan on selling elsewhere, you'll need to have a good marketing plan.
We have some helpful resources on this site for entrepreneurs who are working on marketing plans. Advertising Campaigns is an article that will stimulate a few thoughts on your marketing plan. That's just a sampling of the many useful articles we have on Marketing a Small Business.
Now It's Up To You
As an entrepreneur in Randolph, 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 Randolph and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Randolph, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Randolph, New York
Here are more links that we believe will help you be successful in starting a business in Randolph.
- Resources for Randolph, New York Entrepreneurs - Browse a variety of resources we've collected to assist Randolph entrepreneurs.
- New York Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in New York.
- New York Small Business Development Center - The New York State Small Business Development Center delivers high quality business counseling and training to New Yorkers who want to start a business or improve the performance of an existing business.
Starting-a-Business Guides for Other Cities in New York
Starting a Business in Poughkeepsie
Starting a Business in Ravena
Browse All Business Startup Guides for New York
Starting a Business Guides for Other States
Share this article
Additional Resources for Entrepreneurs