Thinking about starting a business in Newark, Delaware? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Newark.
Newark, Delaware Demographic Information
Newark has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Newark demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Newark.
Business Size | # of Businesses |
1-4 Employees |
44650 |
5-9 Employees |
17570 |
10-19 Employees |
13320 |
20-49 Employees |
10140 |
50-99 Employees |
3990 |
100-249 Employees |
2130 |
250-499 Employees |
690 |
500-999 Employees |
210 |
1000+ Employees |
180 |
All Newark Businesses |
92880 |
As a new Newark entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Newark 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
|
3 |
Amusement Arcades
|
1 |
Architectural Services
|
2 |
Armored Car Services
|
1 |
Art Dealers
|
1 |
Automotive Glass Replacement Shops
|
1 |
Automotive Parts and Accessories Stores
|
9 |
Automotive Transmission Repair
|
5 |
Baked Goods Stores
|
3 |
Barber Shops
|
3 |
Beauty Salons
|
40 |
Beer, Wine, and Liquor Stores
|
26 |
Blood and Organ Banks
|
1 |
Boat Dealers
|
3 |
Book Publishers
|
2 |
Book Stores
|
13 |
Books Printing
|
1 |
Bowling Centers
|
1 |
Broadwoven Fabric Finishing Mills
|
2 |
Building Inspection Services
|
7 |
Business Associations
|
6 |
Cafeterias
|
2 |
Camera and Photographic Supplies Stores
|
4 |
Canvas and Related Product Mills
|
1 |
Car Washes
|
6 |
Carpet and Upholstery Cleaning Services
|
2 |
Caterers
|
5 |
Cemeteries and Crematories
|
1 |
Charter Bus Industry
|
1 |
Child and Youth Services
|
3 |
Child Day Care Services
|
34 |
Children's and Infants' Clothing Stores
|
6 |
Civic and Social Organizations
|
11 |
Claims Adjusting
|
1 |
Clothing Accessories Stores
|
5 |
Coin-Operated Laundries and Drycleaners
|
4 |
Collection Agencies
|
2 |
Commercial Bakeries
|
1 |
Commercial Lithographic Printing
|
5 |
Commercial Photography
|
1 |
Commercial Screen Printing
|
1 |
Commodity Contracts Brokerage
|
1 |
Commodity Contracts Dealing
|
1 |
Community Food Services
|
2 |
Computer and Software Stores
|
5 |
Computer Facilities Management Services
|
11 |
Computer Systems Design Services
|
36 |
Computer Training
|
2 |
Confectionery and Nut Stores
|
3 |
Consumer Lending
|
7 |
Continuing Care Retirement Communities
|
3 |
Convenience Stores
|
13 |
Convention and Trade Show Organizers
|
3 |
Cosmetology and Barber Schools
|
2 |
Couriers
|
7 |
Credit Bureaus
|
3 |
Credit Card Issuing
|
4 |
Credit Unions
|
7 |
Custom Computer Programming Services
|
68 |
Deep Sea Passenger Transportation
|
1 |
Dental Laboratories
|
3 |
Diagnostic Imaging Centers
|
4 |
Diet and Weight Reducing Centers
|
4 |
Digital Printing
|
1 |
Direct Life Insurance Carriers
|
11 |
Direct Mail Advertising
|
3 |
Discount Department Stores
|
2 |
Document Preparation Services
|
3 |
Drinking Places (Alcoholic Beverages)
|
9 |
Drywall and Insulation Contractors
|
14 |
Educational Support Services
|
3 |
Electric Power Distribution
|
4 |
Electrical Contractors
|
36 |
Electronic Shopping
|
3 |
Elementary and Secondary Schools
|
7 |
Employment Placement Agencies
|
4 |
Engineering Services
|
38 |
Environmental Consulting Services
|
6 |
Exam Preparation and Tutoring
|
4 |
Exterminating and Pest Control Services
|
5 |
Facilities Support Services
|
1 |
Family Clothing Stores
|
15 |
Family Planning Centers
|
2 |
Farm Supplies Merchant Wholesalers
|
3 |
Fine Arts Schools
|
7 |
Finish Carpentry Contractors
|
10 |
Fitness and Recreational Sports Centers
|
15 |
Floor Covering Stores
|
5 |
Flooring Contractors
|
18 |
Florists
|
9 |
Food (Health) Supplement Stores
|
4 |
Food Service Contractors
|
24 |
Footwear and Leather Goods Repair
|
1 |
Footwear Merchant Wholesalers
|
2 |
Formal Wear and Costume Rental
|
2 |
Fossil Fuel Electric Power Generation
|
1 |
Framing Contractors
|
6 |
Freight Transportation Arrangement
|
6 |
Fruit and Vegetable Markets
|
1 |
Full-Service Restaurants
|
86 |
Funeral Homes and Funeral Services
|
2 |
Furniture Stores
|
10 |
General Automotive Repair
|
26 |
General Freight Trucking, Local
|
6 |
General Medical and Surgical Hospitals
|
1 |
General Rental Centers
|
1 |
General Warehousing and Storage
|
4 |
Gift, Novelty, and Souvenir Stores
|
17 |
Golf Courses and Country Clubs
|
2 |
Grantmaking Foundations
|
1 |
Graphic Design Services
|
6 |
Hardware Merchant Wholesalers
|
4 |
Hardware Stores
|
4 |
Heating Oil Dealers
|
3 |
Hobby, Toy, and Game Stores
|
11 |
Home Centers
|
2 |
Home Furnishing Merchant Wholesalers
|
2 |
Home Health Care Services
|
10 |
Home Health Equipment Rental
|
2 |
Homes for the Elderly
|
2 |
Household Appliance Stores
|
2 |
Industrial Building Construction
|
1 |
Industrial Design Services
|
1 |
Insurance Agencies and Brokerages
|
41 |
Interior Design Services
|
1 |
International Trade Financing
|
1 |
Internet Publishing and Broadcasting
|
1 |
Internet Service Providers
|
2 |
Investigation Services
|
2 |
Investment Advice
|
9 |
Irradiation Apparatus Manufacturing
|
1 |
Janitorial Services
|
21 |
Jewelry Stores
|
24 |
Kidney Dialysis Centers
|
1 |
Land Subdivision
|
2 |
Landscape Architectural Services
|
3 |
Landscaping Services
|
25 |
Lessors of Other Real Estate Property
|
5 |
Libraries and Archives
|
1 |
Limited-Service Restaurants
|
95 |
Limousine Service
|
3 |
Local Messengers and Local Delivery
|
2 |
Luggage Manufacturing
|
1 |
Machine Shops
|
5 |
Mail-Order Houses
|
3 |
Manufactured (Mobile) Home Dealers
|
1 |
Marketing Consulting Services
|
12 |
Masonry Contractors
|
11 |
Materials Recovery Facilities
|
1 |
Meat Markets
|
1 |
Medical Laboratories
|
7 |
Men's Clothing Stores
|
4 |
Miscellaneous Intermediation
|
5 |
Mobile Food Services
|
2 |
Mortgage and Nonmortgage Loan Brokers
|
8 |
Motion Picture and Video Production
|
4 |
Motor and Generator Manufacturing
|
1 |
Motor Vehicle Towing
|
1 |
Motorcycle Dealers
|
1 |
Museums
|
1 |
Musical Groups and Artists
|
3 |
Nail Salons
|
4 |
New Car Dealers
|
11 |
New Housing Operative Builders
|
3 |
News Dealers and Newsstands
|
7 |
Newspaper Publishers
|
3 |
Nonresidential Property Managers
|
8 |
Nonwoven Fabric Mills
|
1 |
Nursing Care Facilities
|
4 |
Office Administrative Services
|
17 |
Office Equipment Merchant Wholesalers
|
7 |
Office Supplies and Stationery Stores
|
9 |
Offices of Bank Holding Companies
|
1 |
Offices of Certified Public Accountants
|
10 |
Offices of Chiropractors
|
11 |
Offices of Dentists
|
40 |
Offices of Lawyers
|
20 |
Offices of Optometrists
|
6 |
Offices of Other Holding Companies
|
16 |
Offices of Podiatrists
|
5 |
Offices of Real Estate Appraisers
|
10 |
Ophthalmic Goods Manufacturing
|
1 |
Optical Goods Stores
|
6 |
Outdoor Power Equipment Stores
|
4 |
Packaging and Labeling Services
|
3 |
Paging
|
2 |
Paint and Wallpaper Stores
|
5 |
Painting and Wall Covering Contractors
|
16 |
Passenger Car Rental
|
2 |
Payroll Services
|
3 |
Periodical Publishers
|
1 |
Pet and Pet Supplies Stores
|
4 |
Pet Care (except Veterinary) Services
|
9 |
Pharmacies and Drug Stores
|
23 |
Photography Studios, Portrait
|
3 |
Plastics Bottle Manufacturing
|
2 |
Political Organizations
|
1 |
Polystyrene Foam Product Manufacturing
|
1 |
Portfolio Management
|
13 |
Precision Turned Product Manufacturing
|
1 |
Private Mail Centers
|
4 |
Professional Employer Organizations
|
1 |
Professional Organizations
|
4 |
Public Relations Agencies
|
1 |
Quick Printing
|
3 |
Racetracks
|
1 |
Radio Stations
|
2 |
Ready-Mix Concrete Manufacturing
|
1 |
Real Estate Credit
|
15 |
Real Estate Investment Trusts
|
1 |
Residential Property Managers
|
13 |
Residential Remodelers
|
27 |
Retail Bakeries
|
3 |
Reupholstery and Furniture Repair
|
1 |
Roofing Contractors
|
2 |
Rooming and Boarding Houses
|
1 |
Sales Financing
|
6 |
Savings Institutions
|
8 |
School and Employee Bus Transportation
|
2 |
Secondary Market Financing
|
1 |
Securities Brokerage
|
9 |
Security Guards and Patrol Services
|
3 |
Sheet Metal Work Manufacturing
|
2 |
Shoe Stores
|
21 |
Siding Contractors
|
2 |
Site Preparation Contractors
|
13 |
Snack and Nonalcoholic Beverage Bars
|
23 |
Software Publishers
|
4 |
Software Reproducing
|
1 |
Solid Waste Collection
|
3 |
Sound Recording Studios
|
1 |
Sporting Goods Stores
|
19 |
Sports and Recreation Instruction
|
11 |
Tax Preparation Services
|
7 |
Telecommunications Resellers
|
4 |
Telemarketing Bureaus
|
2 |
Telephone Answering Services
|
2 |
Telephone Apparatus Manufacturing
|
1 |
Temporary Help Services
|
18 |
Temporary Shelters
|
1 |
Testing Laboratories
|
7 |
Theater Companies and Dinner Theaters
|
1 |
Tile and Terrazzo Contractors
|
4 |
Tire Dealers
|
7 |
Tire Retreading
|
1 |
Title Abstract and Settlement Offices
|
2 |
Tobacco Stores
|
4 |
Translation and Interpretation Services
|
2 |
Travel Agencies
|
5 |
Truss Manufacturing
|
1 |
Used Car Dealers
|
1 |
Used Household and Office Goods Moving
|
3 |
Used Merchandise Stores
|
4 |
Vending Machine Operators
|
2 |
Veterinary Services
|
7 |
Video Tape and Disc Rental
|
13 |
Vocational Rehabilitation Services
|
5 |
Voluntary Health Organizations
|
3 |
Warehouse Clubs and Supercenters
|
2 |
Water Supply and Irrigation Systems
|
3 |
Wholesale Trade Agents and Brokers
|
21 |
Wired Telecommunications Carriers
|
14 |
Women's Clothing Stores
|
19 |
Wood Container and Pallet Manufacturing
|
1 |
Is a Franchise Opportunity Right For You?
As you drive around Newark, you'll notice that many local entrepreneurs have gone the franchising route. Should you be giving franchising serious consideration?
Our recommendation is that you consider franchising as an option. We have many articles on franchises, such as Evaluating Franchise Opportunities. 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.
Representative franchise opportunities include Nextaff and Sport Clips. Alternatively, you can browse franchise categories, such as Sports Franchises and Carpet Retail Franchises.
Note on Newark Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Newark.
Have You Considered Buying an Existing Newark Business?
We've created a helpful website page for those who want to Buy a Business in Delaware. Follow that link and you can review several good businesses for sale in Newark.
If you are serious about buying a business, you may want to read this article: Buying a Business.
Company Formation in Newark, Delaware
It's essential that your business is formed as a legal entity that is separate from its owners. Among other things, forming a legal entity for the business limits your liabilities.
When forming a company, you will choose from many company types, such as a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporating is a very popular way to form a business. A key decision is whether to form and S-Corp or a C-Corp, and you also must decide in which state you will incorporate. Just because you are starting a business in Delaware, you don't necessarily have to incorporate in Delaware. In fact, you can incorporate in any state you would like to. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.
There's a lot to know about forming a company. To learn the fundamentals of company formation, browse articles on our site, such as Where to Incorporate. You should also consider getting professional assistance from your business lawyer. On a final note, since you will be starting a business in Newark, Delaware, our web page covering Incorporating in Delaware may be a useful resource if you decide to incorporate in Delaware.
Don't Skip the Business Plan
A business plan is critical in laying a solid foundation for your business success. Indeed, a business plan describes what you plan to do with the business and how you plan to do it. Not having a business plan is a recipe for disaster.
To learn more about business plans, read Business Plan Software. You can also get face-to-face free consulting available from your local SCORE chapter in Delaware.
Advancing Your Entrepreneurial Skills
Good entrepreneurs know that they don't know everything.
Given that you are starting a business in Newark, Delaware, you should check out some of the learning programs at local Delaware educational institutions. Another way to keep up on your learning is to investigate Newark networking organizations.
Moving Forward
You have a dream -- starting a business in Newark. To achieve your dream, you have to persevere, even when the odds are against you.
Owning your own business will be a daunting task, but you can do it.
This site is all about helping entrepreneurs in Newark and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Newark 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 Newark, Delaware
Here are more links that we believe will help you be successful in starting a business in Newark.