New York Business Startup Guides
Opening a Business in New Rochelle, New York
Contemplating starting a business in New Rochelle, New York? We walk you through the process of opening a business in New Rochelle.
Will You Be a Good Entrepreneur?
Before announcing to the world that you are going to start your own business, consider 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 Rochelle. They are usually very willing to share their insights on the ups and downs of being 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. Others sometimes know you better than you know yourself.
New Rochelle, New York Demographic Information
New Rochelle has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for New Rochelle demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in New Rochelle.
Businesses
As a new New Rochelle entrepreneur, you may also be interested in the table below. It shows how many businesses there are in New Rochelle 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
Naming the Company
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.
Companies like Starbucks, Apple, Target, Microsoft and Intuit all have strong company names that are easy to remember and have become well-loved brands. Wouldn't it be nice if your new company name got on a similar track?
For other considerations regarding naming a company, we recommend this article: Branding Advice.
As a final piece of advice, remember that because you are opening a business in New Rochelle, it's very important that you make sure no New York company has already registered the company name you have selected.
Don't Forget to Create a Business Plan
Having a business plan is vital in maximizing the prospects of your new company. Indeed, your business plan is your game plan for how you hope to grow your business. Starting a business without a business plan makes you more prone to becoming a business failure statistic.
Before you start writing a business plan, we suggest you skim Business Plan Software. You can also get free business counselors available to you through your local SCORE chapter in New York.
Startup Financing Basics
Obtaining startup financing for your New Rochelle business will be harder than you might expect. In fact, financing your new business may be the hardest challenge you ever face.
The good news is this site contains dozens of articles on raising money, including one we recommend entitled Bank Credit Lines.
For New Rochelle entrepreneurs who want to raise money for a new venture, check out our List of New York Angel Investors and our List of New York Venture Capital Firms.
Bring in Revenues
Being able to sell is fundamental to your business success. Whether you are focused on selling local customers in New Rochelle or are selling to customers throughout New York, the United States or even the world, you have to be able to sell.
Why should customers buy from you instead of buying from competitors? Let us help you refine your selling techniques through our many useful sales advice tips.
Selling with Questions is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.
What's Next?
You have a dream -- starting a business in New Rochelle. 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 New Rochelle and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in New Rochelle, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in New Rochelle, New York
Here are more links that we believe will help you be successful in starting a business in New Rochelle.
- Resources for New Rochelle, New York Entrepreneurs - Browse a variety of resources we've collected to assist New Rochelle entrepreneurs.
- New York Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in New York.
- New York Small Business Development Center - The New York State Small Business Development Center delivers high quality business counseling and training to New Yorkers who want to start a business or improve the performance of an existing business.
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