Virginia Business Startup Guides
Open a Business in Hampton, Virginia
Need help starting a business in Hampton, Virginia? We've got the information you need to open a business in Hampton.
Is Becoming an Entrepreneur Right for You?
Running your own business is difficult, much harder than working as an employee. Are you sure you have the stamina and skills to succeed on your own?
While entrepreneurship has become a popular career choice, we recommend you do the following before you take the plunge:
- Talk to other entrepreneurs in Hampton. Get their take on what it's really like to be an entrepreneur.
- 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. That's the best way to get a truly objective assessment as to whether others think you have what it takes.
Hampton, Virginia Demographic Information
Hampton has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Hampton demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Hampton.
Businesses
As a new Hampton entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Hampton 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 Hampton Business?
If you have some capital to play with, you may want to Buy a Business in Virginia. Follow that link and you may find several good businesses for sale in Hampton.
Before buying a business, be sure to read this article: Buying a Business.
Naming the Company
A big decision when starting a company is choosing a company name. Believe it or not, choosing a good company name can be a big contributor to your business success.
Company names need to be easy to spell, easy to pronounce, and easy to remember.
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 starting a business in Hampton, it's critical that you ensure that no other Virginia company is using the business name you want to use.
The Role of the Business Plan
A business plan is vital to the health of your new business. Indeed, a business plan is a written description of the future you envision for your business. Starting a business without a business plan is a recipe for disaster.
If you want more information on writing business plans, we recommend reading Business Plan Contests. You should also take advantage of free counseling sessions provided by your local SCORE chapter in Virginia.
The Art of Selling
Do you know how to sell? In order to attract customers to your new Hampton business, you need to focus on sales.
Why should customers buy from you instead of buying from competitors? Fortunately, we've got plenty of good advice to help you improve your selling skills.
Good Sales Strategies is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.
Moving Forward
As an entrepreneur in Hampton, 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 Hampton and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Hampton entrepreneur who is just getting started or you are already up and running with your new venture.
More Entrepreneurial Resources for Starting a Business in Hampton, Virginia
Here are more links that we believe will help you be successful in starting a business in Hampton.
- Resources for Hampton, Virginia Entrepreneurs - Browse a variety of resources we've collected to assist Hampton entrepreneurs.
- Virginia Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Virginia.
- Virginia Small Business Development Center - Virginia Small Business Development Centers offer professional business counseling, training and information resources to help grow and strengthen Virginia businesses.
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