August 6, 2020  
 
  Entrepreneurial Resources - Advice for Connecticut Entrepreneurs  
  New Milford, Connecticut Resources for Entrepreneurs  
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Opening a Business in New Milford, Connecticut

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

Are You Sure You Want to Do This?

Before quitting your day job, take inventory of your entrepreneurial instincts and capabilities.

While entrepreneurship has become a popular career choice, we recommend you do the following before you take the plunge:

  • Talk to other entrepreneurs in New Milford. Ask them candidly what it's like to run a business.
  • We recommend reading Characteristics of Successful Entrepreneurs. For aspiring new entrepreneurs, it's a must read article.
  • Seek the advice of somebody who knows you well. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.

New Milford, Connecticut Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 3930
5-9 Employees 1296
10-19 Employees 810
20-49 Employees 432
50-99 Employees 117
100-249 Employees 81
250-499 Employees 9
500-999 Employees 9
1000+ Employees 0
All New Milford Businesses 6684

As a new New Milford entrepreneur, you may also be interested in the table below. It shows how many businesses there are in New Milford 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
Architectural Services 2
Automotive Parts and Accessories Stores 3
Barber Shops 1
Beauty Salons 14
Bed-and-Breakfast Inns 3
Beer, Wine, and Liquor Stores 6
Boat Dealers 1
Book Publishers 1
Book Stores 1
Bowling Centers 1
Building Inspection Services 1
Business Associations 3
Camera and Photographic Supplies Stores 1
Car Washes 2
Carpet and Upholstery Cleaning Services 1
Cemeteries and Crematories 1
Child Day Care Services 7
Civic and Social Organizations 2
Coin-Operated Laundries and Drycleaners 1
Commercial Lithographic Printing 4
Computer and Software Stores 1
Computer Systems Design Services 7
Concrete Block and Brick Manufacturing 1
Convenience Stores 3
Credit Unions 1
Custom Computer Programming Services 4
Direct Life Insurance Carriers 2
Direct Mail Advertising 1
Discount Department Stores 1
Display Advertising 1
Drinking Places (Alcoholic Beverages) 1
Drywall and Insulation Contractors 1
Educational Support Services 1
Electric Power Distribution 1
Electrical Contractors 18
Elementary and Secondary Schools 1
Employment Placement Agencies 1
Engineering Services 4
Family Clothing Stores 2
Fine Arts Schools 1
Finish Carpentry Contractors 6
Fitness and Recreational Sports Centers 3
Floor Covering Stores 1
Flooring Contractors 2
Florists 3
Food (Health) Supplement Stores 1
Food Service Contractors 4
Framing Contractors 1
Full-Service Restaurants 28
Funeral Homes and Funeral Services 2
Furniture Merchant Wholesalers 1
Furniture Stores 2
General Automotive Repair 11
General Freight Trucking, Local 1
General Medical and Surgical Hospitals 1
General Rental Centers 1
Gift, Novelty, and Souvenir Stores 4
Glass and Glazing Contractors 2
Golf Courses and Country Clubs 2
Graphic Design Services 2
Hardware Stores 1
Heating Oil Dealers 4
Hobby, Toy, and Game Stores 2
Home Centers 1
Home Health Care Services 1
Household Appliance Stores 4
Human Rights Organizations 1
Hydroelectric Power Generation 2
Industrial Building Construction 1
Industrial Design Services 1
Industrial Mold Manufacturing 1
Insurance Agencies and Brokerages 9
Interior Design Services 1
Janitorial Services 3
Jewelry Stores 1
Land Subdivision 2
Landscape Architectural Services 1
Landscaping Services 23
Limited-Service Restaurants 12
Limousine Service 2
Machine Shops 9
Marinas 1
Marketing Consulting Services 2
Masonry Contractors 3
Meat Markets 1
Metal Heat Treating 1
Metal Stamping 2
Mineral Wool Manufacturing 1
Mortgage and Nonmortgage Loan Brokers 1
Motor Vehicle Towing 1
Motorcycle Dealers 1
Museums 1
Musical Groups and Artists 1
Musical Instrument and Supplies Stores 1
Nail Salons 3
New Car Dealers 7
New Housing Operative Builders 3
Newspaper Publishers 1
Nonresidential Property Managers 1
Nursing Care Facilities 2
Office Supplies and Stationery Stores 1
Offices of Certified Public Accountants 11
Offices of Chiropractors 3
Offices of Dentists 12
Offices of Lawyers 15
Offices of Optometrists 1
Offices of Podiatrists 1
Ophthalmic Goods Merchant Wholesalers 1
Optical Goods Stores 1
Outdoor Power Equipment Stores 1
Packaging and Labeling Services 1
Paint and Coating Manufacturing 1
Paint and Wallpaper Stores 1
Painting and Wall Covering Contractors 5
Paper (except Newsprint) Mills 1
Periodical Publishers 1
Pharmacies and Drug Stores 5
Photography Studios, Portrait 1
Portfolio Management 3
Precision Turned Product Manufacturing 2
Private Mail Centers 1
Ready-Mix Concrete Manufacturing 1
Real Estate Credit 1
Residential Remodelers 12
Retail Bakeries 3
Reupholstery and Furniture Repair 3
Roofing Contractors 1
Savings Institutions 5
Securities Brokerage 5
Security Guards and Patrol Services 1
Septic Tank and Related Services 2
Sheet Metal Work Manufacturing 2
Shoe Stores 1
Sign Manufacturing 1
Site Preparation Contractors 11
Snack and Nonalcoholic Beverage Bars 5
Solid Waste Collection 1
Sporting Goods Stores 6
Sports and Recreation Instruction 3
Spring (Light Gauge) Manufacturing 1
Tax Preparation Services 2
Telephone Answering Services 1
Temporary Help Services 1
Tile and Terrazzo Contractors 1
Tire Dealers 2
Toilet Preparation Manufacturing 1
Travel Agencies 2
Travel Trailer and Camper Manufacturing 2
Used Car Dealers 3
Used Household and Office Goods Moving 2
Used Merchandise Stores 1
Veterinary Services 4
Video Tape and Disc Rental 1
Voluntary Health Organizations 1
Water Supply and Irrigation Systems 1
Wholesale Trade Agents and Brokers 7
Wired Telecommunications Carriers 1
Women's Clothing Stores 1
Wood Container and Pallet Manufacturing 1

Have You Considered Buying an Existing New Milford Business?

We've created a helpful website page for those who want to Buy a Business in Connecticut. Follow that link and you may find several good businesses for sale in New Milford.

For anybody who wants to buy a business, we recommend reading this useful article: Hold Harmless Agreements When Buying Businesses.

Selecting a Name For Your Venture

A good company name can give a big boost to a new startup. It might seem like an easy thing to do, but there are many things to consider when naming a business.

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 Business.

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

Do You Need a Business Plan?

A business plan is essential in laying a solid foundation for your business success. In effect, a business plan describes what you plan to do with the business and how you plan to do it. Failure to write a business plan is a recipe for disaster.

If writing a business plan is on your to-do list, be sure to read Business Plan Contests. You can also get free business counselors available to you through your local SCORE chapter in Connecticut.

Advancing Your Entrepreneurial Skills

Good business owners know that they need to continually improve.

As an entrepreneur who lives in New Milford, Connecticut, you will want to take advantage of the many programs available at nearby Connecticut universities, colleges and community colleges. It's also beneficial to see if there are any New Milford networking organizations.

Some Interesting New Milford Entrepreneurs

We're compiling a number of interviews with New Milford entrepreneurs. Enjoy!

Next Steps

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

From this point on, you control your own destiny.

We are here to help New Milford businesses to be successful. We have a wealth of experience in business start-ups, financing, marketing, sales and more...and we've made all of our knowledge available to you.

More Entrepreneurial Resources for Starting a Business in New Milford, Connecticut

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

 

 

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