New Hampshire Business Startup Guides
Starting a Business in Concord, New Hampshire
Thinking about starting a business in Concord, New Hampshire? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Concord.
Do You Have What It Takes?
Being an entrepreneur is difficult, much harder than working as an employee. Are you sure you are ready to take on this challenge?
Because entrepreneurship is not for everyone, we recommend you do the following to help you assess whether you should move forward with starting a business:
- Talk to other entrepreneurs in Concord. Get their candid feedback on what it takes to start a successful business.
- 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. A support network of family and friends can be a great sounding board for good advice before you decide for sure to go into business.
Concord, New Hampshire Demographic Information
Concord has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Concord demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Concord.
Businesses
As a new Concord entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Concord 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 Concord Business?
If you have some capital to play with, you may want to Buy a Business in New Hampshire. Follow that link and you may find several good businesses for sale in Concord.
Before buying a business, be sure to read this article: How to Buy a Business.
Don't Skip the Business Plan
A business plan is vital to the health of your new business. Simply put, a business plan describes what you plan to do with the business and how you plan to do it. Starting a business without 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 counseling sessions provided by your local SCORE chapter in New Hampshire.
Where to Get Money to Start a Company
Raising money to fund your new Concord business is not an easy task. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.
Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled Angel Investors.
For Concord entrepreneurs who need startup capital, we have assembled a List of New Hampshire Angel Investors and our List of New Hampshire Venture Capital Firms.
Learning More About Entrepreneurship
Good entrepreneurs recognize that they need to continually improve.
With your business being located in Concord, New Hampshire, you should get information on some of the many programs available at nearby New Hampshire universities, colleges and community colleges. You should also check if there are any networking organizations for Concord entrepreneurs.
Now It's Up To You
As an entrepreneur in Concord, 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 Concord and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Concord, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Concord, New Hampshire
Here are more links that we believe will help you be successful in starting a business in Concord.
- Resources for Concord, New Hampshire Entrepreneurs - Browse a variety of resources we've collected to assist Concord 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.
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