New York Business Startup Guides

Open a Business in Troy, New York

Need help starting a business in Troy, New York? We've got the information you need to open a business in Troy.

Troy, New York Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
32520
5-9 Employees
13725
10-19 Employees
8370
20-49 Employees
6075
50-99 Employees
1935
100-249 Employees
1305
250-499 Employees
270
500-999 Employees
45
1000+ Employees
135
All Troy Businesses
64380

As a new Troy entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Troy 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
Advertising Agencies
3
Ambulance Services
3
Architectural Services
6
Automotive Exhaust System Repair
2
Automotive Glass Replacement Shops
1
Automotive Parts and Accessories Stores
11
Automotive Transmission Repair
1
Baked Goods Stores
2
Ball and Roller Bearing Manufacturing
1
Beauty Salons
9
Beer, Wine, and Liquor Stores
12
Book Stores
3
Bowling Centers
3
Business Associations
2
Car Washes
4
Carpet and Upholstery Cleaning Services
1
Cemeteries and Crematories
3
Child and Youth Services
1
Child Day Care Services
17
Civic and Social Organizations
14
Coin-Operated Laundries and Drycleaners
2
Commercial Bakeries
1
Commercial Lithographic Printing
7
Commercial Screen Printing
1
Computer and Software Stores
3
Computer Facilities Management Services
1
Computer Systems Design Services
5
Confectionery and Nut Stores
1
Continuing Care Retirement Communities
2
Convenience Stores
4
Cosmetology and Barber Schools
1
Couriers
2
Credit Unions
8
Custom Computer Programming Services
15
Diagnostic Imaging Centers
2
Diet and Weight Reducing Centers
1
Direct Life Insurance Carriers
1
Display Advertising
1
Document Preparation Services
1
Drafting Services
2
Drinking Places (Alcoholic Beverages)
19
Drywall and Insulation Contractors
3
Educational Support Services
1
Electric Power Distribution
2
Electronic Shopping
1
Elementary and Secondary Schools
5
Engineering Services
19
Exam Preparation and Tutoring
1
Exterminating and Pest Control Services
2
Family Clothing Stores
1
Family Planning Centers
1
Fine Arts Schools
1
Finish Carpentry Contractors
10
Fitness and Recreational Sports Centers
4
Floor Covering Stores
4
Flooring Contractors
4
Florists
7
Flour Milling
1
Food Service Contractors
15
Footwear and Leather Goods Repair
1
Framing Contractors
4
Full-Service Restaurants
42
Funeral Homes and Funeral Services
9
Furniture Merchant Wholesalers
1
Furniture Stores
5
General Freight Trucking, Local
1
General Medical and Surgical Hospitals
2
General Warehousing and Storage
2
Gift, Novelty, and Souvenir Stores
1
Golf Courses and Country Clubs
1
Grantmaking Foundations
6
Graphic Design Services
1
Hardware Stores
3
Hat, Cap, and Millinery Manufacturing
1
Heating Oil Dealers
2
Historical Sites
2
Home Centers
1
Home Health Care Services
6
Homes for the Elderly
3
Human Rights Organizations
1
Industrial Launderers
3
Industrial Valve Manufacturing
2
Insurance Agencies and Brokerages
14
Interior Design Services
1
Interurban and Rural Bus Transportation
1
Investment Advice
2
Jewelry Stores
4
Land Subdivision
2
Landscape Architectural Services
1
Landscaping Services
8
Libraries and Archives
2
Limited-Service Restaurants
48
Locksmiths
1
Mail-Order Houses
4
Marketing Consulting Services
5
Masonry Contractors
5
Materials Recovery Facilities
1
Mattress Manufacturing
1
Meat Processed from Carcasses
2
Medical Laboratories
1
Metal Heat Treating
1
Metal Tank (Heavy Gauge) Manufacturing
1
Motion Picture and Video Production
1
Motorcycle Dealers
3
Museums
2
Nail Salons
1
New Car Dealers
6
Newspaper Publishers
1
Nonresidential Property Managers
4
Nonwoven Fabric Mills
1
Nursing Care Facilities
4
Office Administrative Services
4
Office Equipment Merchant Wholesalers
3
Office Supplies and Stationery Stores
1
Offices of Chiropractors
1
Offices of Dentists
33
Offices of Lawyers
36
Offices of Optometrists
2
Offices of Other Holding Companies
2
Offices of Podiatrists
5
Offices of Real Estate Appraisers
1
Outdoor Power Equipment Stores
1
Paint and Wallpaper Stores
1
Painting and Wall Covering Contractors
10
Paper (except Newsprint) Mills
1
Payroll Services
1
Periodical Publishers
1
Pet and Pet Supplies Stores
2
Photography Studios, Portrait
3
Plastics Bag Manufacturing
1
Plate Work Manufacturing
1
Political Organizations
1
Portfolio Management
2
Poultry Processing
1
Printing Ink Manufacturing
1
Professional Organizations
5
Ready-Mix Concrete Manufacturing
1
Real Estate Credit
2
Recreational Vehicle Dealers
1
Remediation Services
4
Repossession Services
1
Residential Property Managers
4
Retail Bakeries
1
Reupholstery and Furniture Repair
1
Roofing Contractors
3
Rooming and Boarding Houses
2
Savings Institutions
11
School and Employee Bus Transportation
1
Securities Brokerage
2
Siding Contractors
2
Site Preparation Contractors
9
Snack and Nonalcoholic Beverage Bars
3
Software Publishers
3
Sporting Goods Stores
3
Sports and Recreation Instruction
4
Sports Teams and Clubs
1
Taxi Service
1
Telecommunications Resellers
1
Temporary Help Services
5
Temporary Shelters
2
Testing Laboratories
2
Theater Companies and Dinner Theaters
1
Tire Dealers
3
Tobacco Stores
1
Travel Agencies
3
Used Car Dealers
5
Used Merchandise Stores
1
Vending Machine Operators
1
Veterinary Services
3
Video Tape and Disc Rental
5
Web Search Portals
1
Wholesale Trade Agents and Brokers
3
Window Treatment Stores
1
Wired Telecommunications Carriers
17
Women's Clothing Stores
3
Wood Container and Pallet Manufacturing
1
Wood Window and Door Manufacturing
1

Have You Considered Franchising?

As you drive around Troy, you'll see that franchises make up a large percentage of local businesses. Is franchising maybe a better way for you to start your business?

We advise the entrepreneurs we work with to consider franchising as an option. We have many articles on franchises, such as Before Buying a Franchise. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.

To learn about specific franchise opportunities, check out our Franchise Directory.

Sample franchise opportunities include Ronzio Pizza and Saladworks, Inc.. Alternatively, you can browse franchise categories, such as Seafood Restaurant Franchises and Baby Franchises.

Note on Troy Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Troy.

Naming the 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.

Numerous company naming issues are discussed in more detail in this article: Branding Advice.

On a final note, given that you are starting a business in Troy, it's critical that you ensure that your company name has not already been claimed by another New York business.

Do You Need a Business Plan?

A business plan is essential in laying a solid foundation for your business success. Simply put, a business plan describes what you plan to do with the business and how you plan to do it. Not having a business plan is a recipe for disaster.

To learn more about business plans, read The Art of the Executive Summary. You should also take advantage of free business counselors available to you through your local SCORE chapter in New York.

Raising Money for Your New Venture

Raising money to fund your new Troy business 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.

Take advantage of our many articles on securing funding, such as 504 Loans.

For Troy entrepreneurs who need startup capital, check out our List of New York Angel Investors and our List of New York Venture Capital Firms.

Learning More About Entrepreneurship

Good entrepreneurs recognize that what they know now may not be enough to ensure their future success.

Given that you are starting a business in Troy, New York, you should check out some of the many programs available at nearby New York universities, colleges and community colleges. You should also check if there are any networking organizations for Troy entrepreneurs.

Next Steps

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

From this point on, you control your own destiny.

We are here to help Troy businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Troy, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Troy, New York

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

More Business Startup Guides for New York

Starting a Business in Syracuse
Starting a Business in Trumansburg

Browse All Business Startup Guides for New York
Starting a Business Guides for Other States

 

 

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary