Tennessee Business Startup Guides

Start a Business in Newport, Tennessee

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

What Business to Start

An important decision is what kind of business you want to start. To help you decide on a business type, we encourage you to read Free Business Ideas.

For in-depth how-to guides on how to start specific businesses, browse our Good Businesses to Start section of our site. For example, you might be interested in our Opening a Dietician Business guide or our Opening a Sheep & Goats Business guide.

Don't forget that you are starting a business in Newport. Some businesses will do better in Newport than others. Only by spending some time analyzing Newport demographics can you decide if there will be strong demand for your business idea.

Newport, Tennessee Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
10455
5-9 Employees
5151
10-19 Employees
2499
20-49 Employees
1887
50-99 Employees
459
100-249 Employees
408
250-499 Employees
204
500-999 Employees
0
1000+ Employees
0
All Newport Businesses
21063

As a new Newport entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Newport 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
Ambulance Services
1
Automotive Parts and Accessories Stores
6
Automotive Transmission Repair
1
Baked Goods Stores
1
Bed-and-Breakfast Inns
2
Bowling Centers
1
Business Associations
2
Cafeterias
1
Cemeteries and Crematories
1
Child Day Care Services
6
Civic and Social Organizations
1
Coin-Operated Laundries and Drycleaners
2
Community Food Services
1
Confectionery Merchant Wholesalers
1
Construction Sand and Gravel Mining
1
Consumer Lending
5
Convenience Stores
3
Credit Unions
1
Drinking Places (Alcoholic Beverages)
1
Electronic Shopping
1
Elementary and Secondary Schools
1
Engineering Services
1
Family Clothing Stores
2
Finish Carpentry Contractors
1
Fitness and Recreational Sports Centers
1
Floor Covering Stores
2
Florists
2
Food Service Contractors
3
Fruit and Vegetable Canning
1
Full-Service Restaurants
19
Funeral Homes and Funeral Services
2
Furniture Stores
3
General Automotive Repair
2
General Medical and Surgical Hospitals
1
Gift, Novelty, and Souvenir Stores
1
Golf Courses and Country Clubs
2
Hardware Stores
2
Home Health Care Services
3
Home Health Equipment Rental
1
Household Appliance Stores
2
Institutional Furniture Manufacturing
1
Insurance Agencies and Brokerages
6
Internet Service Providers
1
Iron and Steel Mills
1
Land Subdivision
1
Landscaping Services
5
Lessors of Other Real Estate Property
1
Livestock Merchant Wholesalers
2
Machine Shops
2
Manufactured (Mobile) Home Dealers
3
Masonry Contractors
2
Meat Markets
1
Motor Vehicle Towing
1
New Car Dealers
2
Nursing Care Facilities
1
Office Supplies and Stationery Stores
2
Offices of Chiropractors
2
Offices of Dentists
5
Offices of Lawyers
10
Offices of Optometrists
1
Paint and Wallpaper Stores
1
Paperboard Mills
1
Pharmacies and Drug Stores
7
Photography Studios, Portrait
1
Pipeline Transportation of Natural Gas
1
Professional Organizations
1
Racetracks
1
Radio Stations
2
Real Estate Credit
1
Residential Remodelers
2
Savings Institutions
3
Sawmills
1
Securities Brokerage
1
Security Guards and Patrol Services
2
Site Preparation Contractors
2
Tax Preparation Services
2
Temporary Help Services
1
Tire Dealers
3
Tire Manufacturing (except Retreading)
1
Tobacco Stores
2
Used Car Dealers
3
Used Merchandise Stores
1
Video Tape and Disc Rental
5
Warehouse Clubs and Supercenters
1
Wholesale Trade Agents and Brokers
1
Wired Telecommunications Carriers
2
Women's Clothing Stores
2
Wood Container and Pallet Manufacturing
1

Have You Considered Buying an Existing Newport Business?

We've created a useful website page for those who want to Buy a Business in Tennessee. Follow that link and you can review several good businesses for sale in Newport.

Before buying a business, be sure to read this article: How to Buy a Business.

Marketing Your New Company

To grow your Newport business, you need a solid marketing plan.

We have some helpful resources on this site for entrepreneurs who are working on marketing plans. Typical Direct Mail Response Rates is a good read to get your marketing juices flowing. That's just a sampling of the many useful articles we have on Marketing a Small Business.

Bring in Revenues

Being able to sell is fundamental to your business success. Whether you are focused on selling local customers in Newport or are selling to customers throughout Tennessee, the United States or even the world, you have to be able to sell.

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.

Selling on the Phone offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.

Increase Your Entrepreneurial Knowledge

Good entrepreneurs recognize that they need to continually improve.

With your business being located in Newport, Tennessee, you should investigate some of the many programs available at nearby Tennessee universities, colleges and community colleges. You should also check if there are any Newport networking organizations.

What's Next?

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

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

This site is all about helping entrepreneurs in Newport and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Newport, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Newport, Tennessee

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

More Business Startup Guides for Tennessee

Starting a Business in Nashville
Starting a Business in Oak Ridge

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

 

 

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary