January 24, 2021  
 
  Entrepreneurial Resources - Advice for New York Entrepreneurs  
  Monroe, New York Resources for Entrepreneurs  
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Opening a Business in Monroe, New York

Contemplating starting a business in Monroe, New York? We walk you through the process of opening a business in Monroe.

Is Becoming an Entrepreneur Right for You?

Most new companies do not succeed, in part because the business owner did not have the entrepreneurial skills and traits needed to succeed. So, before you open a business, consider all of the implications of being an entrepreneur.

With so much at stake when you start a business, we strongly recommend you do the following before you proceed:

  • Grab a meal or cofee with other entrepreneurs in Monroe. Get their take on what it's really like to be an entrepreneur.
  • 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. That's the best way to get a truly objective assessment as to whether others think you have what it takes.

Monroe, New York Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 23430
5-9 Employees 5655
10-19 Employees 3825
20-49 Employees 1800
50-99 Employees 765
100-249 Employees 315
250-499 Employees 45
500-999 Employees 0
1000+ Employees 0
All Monroe Businesses 35835

As a new Monroe entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Monroe 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 3
Ambulance Services 2
Animal (except Poultry) Slaughtering 1
Appliance Repair and Maintenance 1
Art Dealers 1
Automotive Glass Replacement Shops 2
Automotive Parts and Accessories Stores 3
Automotive Transmission Repair 1
Barber Shops 1
Beauty Salons 16
Beer, Wine, and Liquor Stores 5
Book Publishers 1
Business Associations 1
Cafeterias 1
Caterers 2
Cemeteries and Crematories 1
Charter Bus Industry 1
Child Day Care Services 8
Children's and Infants' Clothing Stores 1
Civic and Social Organizations 2
Coin-Operated Laundries and Drycleaners 2
Collection Agencies 1
Commercial Lithographic Printing 2
Commercial Screen Printing 1
Computer and Software Stores 2
Computer Systems Design Services 4
Convenience Stores 5
Convention and Trade Show Organizers 1
Custom Computer Programming Services 5
Diet and Weight Reducing Centers 1
Direct Mail Advertising 1
Directory and Mailing List Publishers 1
Discount Department Stores 1
Document Preparation Services 1
Drafting Services 2
Drinking Places (Alcoholic Beverages) 2
Drywall and Insulation Contractors 5
Educational Support Services 1
Electric Power Distribution 2
Electrical Contractors 12
Electronic Shopping 3
Elementary and Secondary Schools 2
Employment Placement Agencies 1
Environmental Consulting Services 5
Exam Preparation and Tutoring 1
Exterminating and Pest Control Services 1
Facilities Support Services 1
Family Clothing Stores 1
Finish Carpentry Contractors 6
Fish and Seafood Markets 3
Fish and Seafood Merchant Wholesalers 1
Fitness and Recreational Sports Centers 4
Floor Covering Stores 4
Flooring Contractors 4
Florists 1
Footwear and Leather Goods Repair 1
Framing Contractors 4
Freight Transportation Arrangement 4
Fruit and Vegetable Markets 1
Full-Service Restaurants 18
Funeral Homes and Funeral Services 2
Furniture Stores 1
General Automotive Repair 9
General Freight Trucking, Local 5
General Rental Centers 1
Gift, Novelty, and Souvenir Stores 4
Golf Courses and Country Clubs 2
Graphic Design Services 2
Hardware Stores 1
Heating Oil Dealers 1
Home Centers 1
Home Furnishing Merchant Wholesalers 3
Home Health Care Services 2
Homes for the Elderly 1
Industrial Launderers 1
Insurance Agencies and Brokerages 15
Interior Design Services 1
Internet Service Providers 2
Investigation Services 3
Investment Advice 1
Janitorial Services 5
Jewelry (except Costume) Manufacturing 2
Jewelry Stores 5
Land Subdivision 1
Landscape Architectural Services 1
Landscaping Services 6
Lessors of Other Real Estate Property 3
Libraries and Archives 1
Limited-Service Restaurants 16
Linen Supply 1
Local Messengers and Local Delivery 1
Locksmiths 1
Mail-Order Houses 1
Masonry Contractors 1
Meat Markets 2
Medical Laboratories 1
Men's Clothing Stores 1
Mortgage and Nonmortgage Loan Brokers 2
Motion Picture and Video Production 2
Museums 1
Musical Instrument and Supplies Stores 1
Nail Salons 4
New Car Dealers 3
New Housing Operative Builders 1
Newspaper Publishers 1
Nonresidential Property Managers 1
Office Administrative Services 1
Offices of Certified Public Accountants 7
Offices of Chiropractors 6
Offices of Dentists 15
Offices of Lawyers 6
Offices of Optometrists 1
Offices of Podiatrists 3
Offices of Real Estate Appraisers 1
Ophthalmic Goods Merchant Wholesalers 1
Optical Goods Stores 1
Outdoor Power Equipment Stores 1
Packaging and Labeling Services 1
Paint and Wallpaper Stores 1
Painting and Wall Covering Contractors 7
Pet Care (except Veterinary) Services 3
Pharmacies and Drug Stores 6
Photography Studios, Portrait 1
Private Mail Centers 2
Quick Printing 1
Refrigerated Warehousing and Storage 1
Residential Property Managers 5
Residential Remodelers 13
Retail Bakeries 1
Roofing Contractors 3
Sales Financing 1
Savings Institutions 3
Security Guards and Patrol Services 3
Shoe Stores 2
Siding Contractors 1
Sign Manufacturing 1
Site Preparation Contractors 4
Snack and Nonalcoholic Beverage Bars 5
Software Publishers 1
Solid Waste Collection 1
Sound Recording Studios 1
Special Needs Transportation 1
Sporting Goods Stores 2
Sports and Recreation Instruction 1
Tax Preparation Services 3
Taxi Service 1
Temporary Help Services 1
Title Abstract and Settlement Offices 1
Translation and Interpretation Services 1
Used Car Dealers 1
Used Household and Office Goods Moving 1
Veterinary Services 4
Video Tape and Disc Rental 2
Voluntary Health Organizations 1
Warehouse Clubs and Supercenters 2
Wholesale Trade Agents and Brokers 9
Window Treatment Stores 1
Wineries 1
Wired Telecommunications Carriers 5
Women's Clothing Stores 1
Wood Office Furniture Manufacturing 1

Should You Franchise?

Examine a list of Monroe businesses and it becomes clear that purchasing a franchise is a common way to get started as an entrepreneur. Evidently, there must be some significant advantages to purchasing a franchise.

We advise the entrepreneurs we work with to look into purchasing a franchise. On our site, you can read many articles about franchising, such as How to Franchise. Get a thorough education on franchising by browsing all of our Articles on Franchising.

To learn about specific franchise opportunities, check out our Franchise Directory.

Sample franchise opportunities include Wellesley Inns & Suites Franchising, Inc. and Moving Solutions Franchise. Alternatively, you can browse franchise categories, such as Dating Service Franchises and Mail and Shipping Services Franchises.

Note on Monroe Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Monroe.

Have You Considered Buying an Existing Monroe Business?

An excellent way to get started in business is to Buy a Business in New York. Follow that link and you can review several good businesses for sale in Monroe.

If you are serious about buying a business, you may want to read this article: How to Buy a Business.

Picking a Company Name

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.

Before you decide on a company name, run it by some prospective customers and see what they think. If they don't like it, it's probably a good idea to go back to the drawing board.

To get up to speed on what makes for a good company name, we encourage you to read this useful article: Branding Advice.

On a final note, given that you are opening a business in Monroe, it's imperative that you check now that you will be the only New York company using the business name you have chosen.

Don't Skip the Business Plan

Creating a business plan is critical to the health of your new business. 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

Before you start writing a business plan, we suggest you skim Find Sample Business Plans Online. A great resource for business planning assistance is the free business counselors available to you through your local SCORE chapter in New York.

Improving Your Entrepreneurial Skillset

The best entrepreneurs recognize that they don't know everything.

With your business being located in Monroe, New York, you will want to take advantage of the learning programs at local New York educational institutions. We also recommend you look into Monroe networking organizations.

Moving Forward

Most new Monroe businesses underestimate the number of challenges they will face.

Owning your own business will be a daunting task, but you can do it.

We are here to help Monroe businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Monroe 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 Monroe, New York

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

 

 

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