New York Business Startup Guides

Start a Business in Conklin, New York

Are you starting a business in Conklin, New York? This article discusses the most important things to consider when opening a business in Conklin.

Are You Ready for Life as an Owner?

Before you get too far along in the process, consider your entrepreneurial instincts and capabilities.

While entrepreneurship has become a popular career choice, we recommend you do the following before you take the plunge:

  • Grab a meal or cofee with other entrepreneurs in Conklin. Listen closely to their experiences and see if you think you too can be successful.
  • Take a look at Business Failure. It's a short article but it's a good reality check for those are about to jump into the world of entrepreneurship.
  • Involve a spouse, family member or trusted friend in the decision. Ask them directly: Do I have what it takes to be an entrepreneur? Listen carefully to their answer, as they presumably know your strengths and weaknesses.

Conklin, New York Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
99
5-9 Employees
18
10-19 Employees
42
20-49 Employees
12
50-99 Employees
3
100-249 Employees
18
250-499 Employees
0
500-999 Employees
6
1000+ Employees
0
All Conklin Businesses
198

As a new Conklin entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Conklin 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
Book Publishers
1
Commercial Lithographic Printing
2
Drinking Places (Alcoholic Beverages)
2
Fine Arts Schools
1
Food Service Contractors
1
Full-Service Restaurants
4
General Automotive Repair
4
General Warehousing and Storage
1
Hardware Stores
1
Insurance Agencies and Brokerages
1
Landscaping Services
2
Limited-Service Restaurants
4
Newspaper Publishers
1
Offices of Dentists
1
Polystyrene Foam Product Manufacturing
1
Power-Driven Handtool Manufacturing
1
Residential Remodelers
2
Reupholstery and Furniture Repair
1
Site Preparation Contractors
1
Snack and Nonalcoholic Beverage Bars
1
Sporting Goods Stores
1

Forming a Company in Conklin, New York

A critical step is ensuring 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.

The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.

Incorporating 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 New York, you don't necessarily have to incorporate in New York. In fact, you are allowed to 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. To learn the fundamentals of company formation, browse articles on our site, such as How to Incorporate. You should also consider getting professional assistance from your business lawyer. Finally, if you are starting a business in Conklin, New York, our information on Incorporating in New York may be a useful resource if you decide to incorporate in New York.

The Role of the Business Plan

Having a business plan is essential in maximizing the prospects of your new company. In effect, a business plan describes what you plan to do with the business and how you plan to do it. Not having a business plan makes you more prone to becoming a business failure statistic.

If writing a business plan is on your to-do list, be sure to read Business Plan Contests. You can also get free counseling sessions provided by your local SCORE chapter in New York.

Marketing Your New Venture

Whether your goal is to attract Conklin customers or you plan on selling elsewhere, you'll need to have a good marketing plan.

We have some excellent resources on this site for entrepreneurs who are working on marketing plans. Dealing with Angry Customers is a good read to get your marketing ideas flowing. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.

The Art of Selling

Being able to sell is critical to your business success. Whether you are focused on selling local customers in Conklin or are selling to customers throughout New York, the United States or even the world, you have to be able to sell.

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.

Sales Training is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.

Never Give Up

You have a dream -- starting a business in Conklin. To achieve your dream, you have to persevere, even when the odds are against you.

If you choose the right business and love what you do, you will greatly increase your odds of success.

We are here to help Conklin businesses to be successful. We have a wealth of experience in business start-ups, financing, marketing, sales and more...and we've made all of our knowledge available to you.

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

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

More Business Startup Guides for New York

Starting a Business in Conesus
Starting a Business in Cooperstown

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