August 12, 2020  
 
  Entrepreneurial Resources - Advice for Mississippi Entrepreneurs  
  Newton, Mississippi Resources for Entrepreneurs  
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Start a Business in Newton, Mississippi

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

Are You Ready for Life as an Owner?

Being an entrepreneur is hard work, much harder than working as an employee. Are you sure you are ready to take on this challenge?

Here are three things we recommend you do before you fully commit to starting a new business of your own.

  • Talk to other entrepreneurs in Newton. Listen closely to their experiences and see if you think you too can be successful.
  • 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. Ask them directly: Do I have what it takes to be an entrepreneur? Listen carefully to their answer, as they presumably know your strengths and weaknesses.

What Business Are You Starting?

There are many businesses that you can start. How do you know which type of business is right for you? If you are struggling with what type of business to start, read Business Ideas That Don't Make Sense.

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 Starting a Fur Remodeling & Repair Business guide or our Starting a Health Care Consultants Business guide.

Remember that starting a business in Newton has some implications. Some businesses will do better in Newton than others. Only by spending some time analyzing Newton demographics can you decide if there will be strong demand for your business idea.

Newton, Mississippi Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 2970
5-9 Employees 1023
10-19 Employees 330
20-49 Employees 396
50-99 Employees 99
100-249 Employees 132
250-499 Employees 0
500-999 Employees 0
1000+ Employees 33
All Newton Businesses 4983

As a new Newton entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Newton 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
Animal (except Poultry) Slaughtering 1
Automotive Parts and Accessories Stores 4
Automotive Transmission Repair 1
Beauty Salons 2
Business Associations 2
Cable and Other Program Distribution 1
Caterers 1
Child Day Care Services 2
Commercial Flexographic Printing 1
Consumer Lending 5
Convenience Stores 1
Credit Unions 1
Discount Department Stores 2
Electric Power Distribution 2
Elementary and Secondary Schools 1
Engineering Services 2
Family Clothing Stores 3
Florists 1
Full-Service Restaurants 2
Funeral Homes and Funeral Services 1
General Automotive Repair 4
General Medical and Surgical Hospitals 1
Gift, Novelty, and Souvenir Stores 1
Golf Courses and Country Clubs 1
Home Centers 1
Home Health Care Services 1
Insurance Agencies and Brokerages 3
Janitorial Services 2
Jewelry Stores 2
Kidney Dialysis Centers 1
Limited-Service Restaurants 5
Logging 1
Medical Laboratories 1
New Car Dealers 1
Newspaper Publishers 1
Nursing Care Facilities 4
Offices of Dentists 3
Offices of Lawyers 3
Offices of Optometrists 1
Pharmacies and Drug Stores 1
Racetracks 1
Real Estate Credit 1
Sawmills 1
Site Preparation Contractors 2
Steel Investment Foundries 1
Tax Preparation Services 1
Tire Dealers 2
Tobacco Stores 1
Veterinary Services 1
Video Tape and Disc Rental 1
Water Supply and Irrigation Systems 1
Wired Telecommunications Carriers 1

Is a Franchise Opportunity Right For You?

As you drive around Newton, it's apparent that franchising has become a very popular way to start a business. But is franchising the right option for you?

We advise the entrepreneurs we work with to investigate buying a franchise. We have many articles on franchises, such as Why Franchises Fail. 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.

Sample franchise opportunities include Applegate Farm and A Shade Better. Alternatively, you can browse franchise categories, such as Bookstore Franchises and Deli Restaurant Franchises.

Note on Newton Franchise Opportunities: To find out if a franchise you are interested in is available in Newton, you will need to get in direct contact with the franchisor.

Where to Get Money to Start a Company

Getting your Newton business the capital it needs to succeed is not an easy task. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.

Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled Getting a Small Business Loan.

For Newton entrepreneurs on the hunt for startup funding, check out our List of Mississippi Angel Investors and our List of Mississippi Venture Capital Firms.

Marketing Your New Venture

To rise above the crowd in Newton and advance your business, you need a great marketing plan.

We have some helpful resources on this site for entrepreneurs who are working on marketing plans. PR Versus Advertising is an article that will stimulate a few thoughts on your marketing plan. That's just one of the many useful articles we have on Marketing a Small Business.

Advancing Your Entrepreneurial Skills

Successful entrepreneurs recognize that they don't know everything.

With your business being located in Newton, Mississippi, you will want to take advantage of the many programs available at nearby Mississippi universities, colleges and community colleges. It's also worthwhile to see if there are any Newton networking organizations.

Never Give Up

As an entrepreneur in Newton, you won't be working for the boss anymore. You are the boss.

From this point on, you control your own destiny.

Our goal here is to promote the vitality and growth of small businesses in Newton and throughout the United States . We want to be there for you to answer your business questions, whether you are a new Newton 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 Newton, Mississippi

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

 

 

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