Pennsylvania Business Startup Guides

Start a Business in New Hope, Pennsylvania

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

New Hope, Pennsylvania Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
5676
5-9 Employees
1260
10-19 Employees
738
20-49 Employees
540
50-99 Employees
108
100-249 Employees
72
250-499 Employees
0
500-999 Employees
0
1000+ Employees
18
All New Hope Businesses
8412

As a new New Hope entrepreneur, you may also be interested in the table below. It shows how many businesses there are in New Hope 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
2
Ambulance Services
1
Art Dealers
7
Baked Goods Stores
1
Beauty Salons
9
Bed-and-Breakfast Inns
5
Beer, Wine, and Liquor Stores
1
Boat Dealers
1
Book Publishers
1
Breweries
1
Camera and Photographic Supplies Stores
1
Car Washes
1
Caterers
2
Child Day Care Services
4
Children's and Infants' Clothing Stores
1
Civic and Social Organizations
1
Computer Facilities Management Services
1
Computer Systems Design Services
7
Confectionery and Nut Stores
1
Consumer Lending
2
Convenience Stores
1
Convention and Trade Show Organizers
1
Custom Computer Programming Services
5
Diet and Weight Reducing Centers
1
Direct Title Insurance Carriers
2
Directory and Mailing List Publishers
1
Drinking Places (Alcoholic Beverages)
2
Educational Support Services
2
Electrical Contractors
2
Elementary and Secondary Schools
1
Exterminating and Pest Control Services
1
Family Clothing Stores
1
Finish Carpentry Contractors
2
Fitness and Recreational Sports Centers
3
Flooring Contractors
1
Florists
1
Food (Health) Supplement Stores
1
Full-Service Restaurants
24
Furniture Stores
2
General Automotive Repair
3
Gift, Novelty, and Souvenir Stores
13
Golf Courses and Country Clubs
1
Graphic Design Services
4
Hardware Stores
1
Home Furnishing Merchant Wholesalers
1
Hunting and Trapping
1
Industrial Mold Manufacturing
1
Insurance Agencies and Brokerages
6
Interior Design Services
6
Investment Advice
4
Janitorial Services
3
Landscaping Services
7
Lessors of Other Real Estate Property
1
Libraries and Archives
1
Limited-Service Restaurants
9
Luggage and Leather Goods Stores
3
Marketing Consulting Services
10
Masonry Contractors
1
Motion Picture and Video Production
1
Motorcycle Dealers
1
Museums
1
Nail Salons
1
New Car Dealers
1
New Housing Operative Builders
1
Office Administrative Services
2
Offices of Certified Public Accountants
3
Offices of Chiropractors
2
Offices of Dentists
5
Offices of Lawyers
5
Offices of Real Estate Appraisers
1
Optical Goods Stores
1
Outdoor Power Equipment Stores
1
Painting and Wall Covering Contractors
3
Payroll Services
1
Periodical Publishers
4
Pet and Pet Supplies Stores
1
Pet Care (except Veterinary) Services
1
Pharmacies and Drug Stores
2
Portfolio Management
2
Ready-Mix Concrete Manufacturing
1
Real Estate Credit
2
Residential Remodelers
12
Retail Bakeries
3
Reupholstery and Furniture Repair
1
Roofing Contractors
1
Rooming and Boarding Houses
1
Savings Institutions
1
School and Employee Bus Transportation
1
Securities Brokerage
4
Shoe Stores
3
Site Preparation Contractors
3
Snack and Nonalcoholic Beverage Bars
4
Software Publishers
1
Tile and Terrazzo Contractors
1
Title Abstract and Settlement Offices
3
Tobacco Stores
1
Travel Agencies
2
Used Car Dealers
1
Used Merchandise Stores
10
Veterinary Services
3
Vocational Rehabilitation Services
1
Wholesale Trade Agents and Brokers
5
Wineries
1
Women's Clothing Stores
6
Zoos and Botanical Gardens
1

Have You Considered Buying an Existing New Hope Business?

An excellent way to get started in business is to Buy a Business in Pennsylvania. Follow that link and you may find several good businesses for sale in New Hope.

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

Forming a Company in New Hope, Pennsylvania

A critical step is ensuring that your business is formed as a legal entity that is separate from its owners. Doing so will shield you from personal liability for business debts and obligations.

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

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. If you are starting a business in Pennsylvania, you don't necessarily have to incorporate in Pennsylvania. 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. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Registered Agents. You may also want to seek the advice of an attorney. Finally, if you are starting a business in New Hope, Pennsylvania, our information on Incorporating in Pennsylvania may be a useful resource if you decide to incorporate in Pennsylvania.

Don't Skip the Business Plan

Writing a business plan is vital in laying a solid foundation for your business success. Simply put, your business plan is your game plan for how you hope to grow your business. Starting a business without a business plan will greatly reduce your chances of business success.

If writing a business plan is on your to-do list, be sure to read Reasons to Write a Business Plan. A great resource for business planning assistance is the free business counselors available to you through your local SCORE chapter in Pennsylvania.

Letting the World Know You Exist

To rise above the crowd in New Hope and build your business, you need a excellent marketing plan.

There are myriad resources on this site to help you with your marketing plan. Toll Free Numbers discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. That's just a taste of the many useful articles we have on Marketing a Small Business.

Bring in Revenues

Mastering the art of selling is priority one if you want your new New Hope business to do well.

So what does it take to bring in more prospects and close more business? The good news is we can help you to make selling a big competitve advantage for your new firm.

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

Never Give Up

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

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

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

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

Starting-a-Business Guides for Other Cities in Pennsylvania

Starting a Business in New Castle
Starting a Business in New Wilmington

Browse All Business Startup Guides for Pennsylvania
Starting a Business Guides for Other States

 

 

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