August 12, 2020  
 
  Entrepreneurial Resources - Advice for New Jersey Entrepreneurs  
  Kenilworth, New Jersey Resources for Entrepreneurs  
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Start a Business in Kenilworth, New Jersey

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

Do You Have What It Takes?

Before announcing to the world that you are going to start your own business, consider your entrepreneurial instincts and capabilities.

To determine whether you have what it takes to run a business, we recommend these three steps to help you decide:

  • Speak with other entrepreneurs in Kenilworth. Get their candid feedback on what it takes to start a successful business.
  • You should read Business Failure. It's a good read for those who are thinking about becoming an entrepreneur.
  • Involve a spouse, family member or trusted friend in the decision. 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.

Kenilworth, New Jersey Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 2187
5-9 Employees 747
10-19 Employees 522
20-49 Employees 459
50-99 Employees 153
100-249 Employees 117
250-499 Employees 9
500-999 Employees 0
1000+ Employees 36
All Kenilworth Businesses 4230

As a new Kenilworth entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Kenilworth 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 1
Architectural Services 1
Armored Car Services 1
Automotive Parts and Accessories Stores 1
Baked Goods Stores 1
Beauty Salons 7
Cafeterias 2
Car Washes 2
Carpet and Upholstery Cleaning Services 1
Caterers 1
Cemeteries and Crematories 2
Child Day Care Services 2
Collection Agencies 1
Commercial Bakeries 1
Commercial Lithographic Printing 1
Commercial Screen Printing 2
Computer Systems Design Services 3
Computer Terminal Manufacturing 1
Convenience Stores 4
Cosmetology and Barber Schools 1
Couriers 1
Court Reporting and Stenotype Services 1
Credit Unions 2
Curtain and Drapery Mills 1
Custom Computer Programming Services 1
Drinking Places (Alcoholic Beverages) 2
Drywall and Insulation Contractors 2
Electrical Contractors 7
Elementary and Secondary Schools 1
Engineering Services 4
Environmental Consulting Services 1
Exterminating and Pest Control Services 1
Fine Arts Schools 1
Finish Carpentry Contractors 3
Fitness and Recreational Sports Centers 1
Floor Covering Stores 1
Florists 1
Food Service Contractors 2
Framing Contractors 2
Freight Transportation Arrangement 2
Full-Service Restaurants 13
Furniture Merchant Wholesalers 3
Furniture Stores 2
General Automotive Repair 7
General Freight Trucking, Local 2
General Warehousing and Storage 1
Grantmaking Foundations 1
Graphic Design Services 2
Hardware Merchant Wholesalers 1
Heating Oil Dealers 1
Home Furnishing Merchant Wholesalers 3
Industrial Mold Manufacturing 5
Institutional Furniture Manufacturing 1
Insurance Agencies and Brokerages 4
Internet Service Providers 1
Investment Advice 2
Janitorial Services 4
Jewelry (except Costume) Manufacturing 1
Jewelry Stores 2
Land Subdivision 1
Landscaping Services 10
Limited-Service Restaurants 7
Limousine Service 3
Machine Shops 10
Masonry Contractors 3
Meat Markets 1
Metal Household Furniture Manufacturing 1
Metal Stamping 4
Metal Tank (Heavy Gauge) Manufacturing 2
Mortgage and Nonmortgage Loan Brokers 1
Musical Instrument and Supplies Stores 2
Nail Salons 1
New Car Dealers 1
New Housing Operative Builders 1
Office Administrative Services 1
Office Equipment Merchant Wholesalers 1
Office Supplies and Stationery Stores 1
Offices of Certified Public Accountants 2
Offices of Chiropractors 2
Offices of Dentists 6
Offices of Lawyers 5
Offices of Other Holding Companies 1
Offices of Podiatrists 1
Packaging and Labeling Services 1
Paint and Coating Manufacturing 2
Parking Lots and Garages 1
Pen and Mechanical Pencil Manufacturing 1
Pet Care (except Veterinary) Services 1
Pharmacies and Drug Stores 2
Photography Studios, Portrait 2
Portfolio Management 1
Precision Turned Product Manufacturing 1
Printing Ink Manufacturing 1
Professional Employer Organizations 1
Professional Organizations 1
Quick Printing 2
Real Estate Credit 4
Remediation Services 1
Residential Remodelers 6
Reupholstery and Furniture Repair 1
Rolled Steel Shape Manufacturing 1
Roofing Contractors 1
Savings Institutions 4
Securities Brokerage 1
Security Guards and Patrol Services 1
Siding Contractors 2
Sign Manufacturing 1
Site Preparation Contractors 4
Snack and Nonalcoholic Beverage Bars 2
Sports and Recreation Instruction 3
Steel Investment Foundries 1
Taxi Service 1
Telemarketing Bureaus 1
Temporary Help Services 2
Testing Laboratories 1
Title Abstract and Settlement Offices 1
Travel Agencies 3
Used Household and Office Goods Moving 1
Vending Machine Operators 1
Veterinary Services 2
Video Tape and Disc Rental 2
Wholesale Trade Agents and Brokers 3
Window Treatment Stores 1

Choosing a Company Name

Making the right decision when choosing a company name is very important. There are many decisions you'll make now that you can change later, but changing a company name years down the road is not very easy. So, choose a good company name at the outset.

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.

For other considerations regarding naming a company, we recommend this article: Naming a Company.

There's one other important factor when naming a business. Since you are starting a business in Kenilworth, it's very important that you make sure no other New Jersey company is using the business name you want to use.

Company Formation in Kenilworth, New Jersey

A critical step is ensuring that you form your business as a legal structure. Without a legal structure for the business, you can be held personally liable for the actions, debts and obligations of your company.

The entity you form can be a corporation, LLC, sole proprietorship, partnership or other structure.

Incorporating is a very popular way to form a business. Of course, you have to decide which type of corporation to form and where to incorporate. Just because you are starting a business in New Jersey, you don't necessarily have to incorporate in New Jersey. In fact, you are allowed to incorporate wherever you want. For example, it's very popular to incorporate in Delaware, and incorporating in Nevada has become very trendy as well. Don't forget, though, that you will have to register as a foreign entity in all states that you do business in.

There's a lot to know about forming a company. To learn the fundamentals of company formation, browse articles on our site, such as Pre-Incorporation Agreements. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Kenilworth, New Jersey, our information on Incorporating in New Jersey may be a useful resource if you decide to incorporate in New Jersey.

Getting Money to Start a Business

Getting your Kenilworth business the capital it needs to succeed will be harder than you might expect. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.

To learn about raising money, we recommend you read the fundraising articles on our site, such as Getting a Small Business Loan.

For Kenilworth entrepreneurs with great ambition but a shortage of investment capital, check out our List of New Jersey Angel Investors and our List of New Jersey Venture Capital Firms.

Marketing Your New Venture

To grow your Kenilworth business, you need a solid marketing plan.

There are myriad resources on this site to help you with your marketing plan. Media Kits is a good read to get your marketing ideas flowing. That's just a taste of the many useful articles we have on Marketing a Small Business.

Now It's Up To You

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

From this point on, you control your own destiny.

This site is all about helping entrepreneurs in Kenilworth and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Kenilworth 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 Kenilworth, New Jersey

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

 

 

Additional Resources for Entrepreneurs

Buying a Business

Writing a Business Plan

Raising Money

Incorporate

Small Business Marketing

Advertising Advice

Public Relations -

Customer Service Tips

Entrepreneurial Selling

Workplace Safety