Connecticut Business Startup Guides
Starting a Business in Greenwich, Connecticut
Thinking about starting a business in Greenwich, Connecticut? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Greenwich.
Will You Be a Good Entrepreneur?
Before announcing to the world that you are going to start your own business, take inventory of your entrepreneurial instincts and capabilities.
With so much at stake when you start a business, we strongly recommend you do the following before you proceed:
- Talk to other entrepreneurs in Greenwich. They are usually very willing to share their insights on the ups and downs of being an entrepreneur.
- We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
- Get feedback from somebody whom you trust. Others sometimes know you better than you know yourself.
What Business Are You Starting?
Choosing a business that is right for you is very important. We recommend that you read Free Business Ideas.
For in-depth how-to guides on how to start specific businesses, browse our Good Businesses to Start section of our site. For example, you might be interested in our Starting a Dance Club guide or our Starting a Tatoo Parlor guide.
Always keep in mind that your new startup will be located in Greenwich. Some businesses will do better in Greenwich than others. Study Greenwich demographics and do a competitive analysis as part of your startup planning process.
Greenwich, Connecticut Demographic Information
Greenwich has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Greenwich demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Greenwich.
As a new Greenwich entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Greenwich 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.
What About Franchising Opportunities?
Browse the Yellow Pages for Greenwich and you'll notice that many local entrepreneurs have gone the franchising route. But is franchising the right option for you?
Our recommendation is that you look into purchasing a franchise. To help you learn more about franchising, we've gathered a ton of articles on franchising, including Buying an Existing 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.
Note on Greenwich Franchise Opportunities: To find out if a franchise you are interested in is available in Greenwich, you will need to get in direct contact with the franchisor.
Raising Money for Your Venture
Finding the funds to fuel the growth of your Greenwich business will be harder than you might expect. In fact, financing your new business may be the hardest challenge you ever face.
To learn about raising money, we recommend you read the fundraising articles on our site, such as Business Credit Evaluation.
Increase Your Entrepreneurial Knowledge
The best entrepreneurs recognize that what they know now may not be enough to ensure their future success.
As an entrepreneur who lives in Greenwich, Connecticut, you will want to take advantage of the many programs available at nearby Connecticut universities, colleges and community colleges. We also recommend you look into networking organizations for Greenwich entrepreneurs.
You have a dream -- starting a business in Greenwich. To achieve your dream, you have to persevere, even when the odds are against you.
From this point on, you control your own destiny.
Our goal here is to promote the vitality and growth of small businesses in Greenwich and throughout the United States . We believe entrepreneurship is an amazing engine for job creation in Greenwich, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Greenwich, Connecticut
Here are more links that we believe will help you be successful in starting a business in Greenwich.
- Resources for Greenwich, Connecticut Entrepreneurs - Browse a variety of resources we've collected to assist Greenwich 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.
More Startup Articles for Connecticut Cities
Share this article
Additional Resources for Entrepreneurs