North Carolina Business Startup Guides

Start a Business in Newton, North Carolina

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

What Business to Start

An important decision is what kind of business you want to start. If you are struggling with what type of business to start, read Business Ideas That Don't Make Sense.

If you still are not sure what type of business to start, peruse the Good Businesses to Start section of our site. For example, you might be interested in our Starting a Grinding Tools Business guide or our Starting a Plastic Skylights Business guide.

Always keep in mind that starting a business in Newton has some implications. Some businesses will do better in Newton than others. A critical consideration is whether Newton demographics mesh well with your startup concept.

Newton, North Carolina 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
9955
5-9 Employees
3960
10-19 Employees
2013
20-49 Employees
1419
50-99 Employees
561
100-249 Employees
561
250-499 Employees
165
500-999 Employees
33
1000+ Employees
0
All Newton Businesses
18667

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
Amusement Arcades
1
Architectural Services
3
Automotive Parts and Accessories Stores
2
Baked Goods Stores
1
Beauty Salons
7
Beer, Wine, and Liquor Stores
1
Boat Dealers
1
Broadwoven Fabric Finishing Mills
3
Car Washes
1
Caterers
2
Child Day Care Services
10
Civic and Social Organizations
2
Coin-Operated Laundries and Drycleaners
1
Collection Agencies
1
Computer Systems Design Services
2
Consumer Lending
2
Continuing Care Retirement Communities
2
Convenience Stores
1
Couriers
2
Court Reporting and Stenotype Services
1
Credit Unions
1
Cut Stock, Resawing Lumber, and Planing
3
Dental Laboratories
1
Drinking Places (Alcoholic Beverages)
2
Drive-In Motion Picture Theaters
1
Educational Support Services
1
Electrical Contractors
3
Engineering Services
2
Fabric Coating Mills
1
Farm Supplies Merchant Wholesalers
1
Floor Covering Stores
3
Florists
3
Flour Milling
1
Food Service Contractors
3
Fruit and Vegetable Markets
1
Funeral Homes and Funeral Services
1
Furniture Stores
5
General Automotive Repair
6
General Freight Trucking, Local
2
General Warehousing and Storage
1
Golf Courses and Country Clubs
2
Hat, Cap, and Millinery Manufacturing
1
Home Health Care Services
2
Homes for the Elderly
2
Household Appliance Stores
2
Industrial Design Services
2
Insurance Agencies and Brokerages
11
Janitorial Services
4
Jewelry Stores
1
Limited-Service Restaurants
14
Machine Shops
1
Manufactured (Mobile) Home Dealers
6
Marketing Consulting Services
1
Masonry Contractors
4
Meat Markets
1
Metal Window and Door Manufacturing
1
Motorcycle Dealers
1
Musical Instrument and Supplies Stores
1
Nail Salons
1
New Car Dealers
1
New Housing Operative Builders
1
Newspaper Publishers
1
Nursing Care Facilities
1
Offices of Certified Public Accountants
3
Offices of Chiropractors
2
Offices of Dentists
7
Offices of Lawyers
13
Offices of Optometrists
2
Offices of Other Holding Companies
1
Offices of Real Estate Appraisers
2
Outerwear Knitting Mills
1
Painting and Wall Covering Contractors
2
Paper (except Newsprint) Mills
1
Pharmacies and Drug Stores
6
Photography Studios, Portrait
1
Polystyrene Foam Product Manufacturing
1
Quick Printing
1
Radio Stations
2
Real Estate Credit
1
Recreational Vehicle Dealers
2
Residential Property Managers
2
Residential Remodelers
4
Reupholstery and Furniture Repair
1
Roofing Contractors
1
Securities Brokerage
3
Septic Tank and Related Services
1
Sewage Treatment Facilities
1
Shoe Stores
1
Siding Contractors
3
Site Preparation Contractors
4
Snack and Nonalcoholic Beverage Bars
2
Sporting Goods Stores
1
Tax Preparation Services
2
Taxi Service
1
Temporary Help Services
2
Theater Companies and Dinner Theaters
1
Tire Dealers
4
Used Car Dealers
6
Video Tape and Disc Rental
2
Vocational Rehabilitation Services
1
Wholesale Trade Agents and Brokers
4
Wired Telecommunications Carriers
1
Women's Clothing Stores
2
Wood Preservation
1
Yarn Spinning Mills
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 look into purchasing a franchise. On our site, you can read many articles about franchising, such as Franchise Marketing Support. 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 Clean Comedians and Inspect-It 1st Franchising Corp.. Alternatively, you can browse franchise categories, such as Blind Repair and Sales Franchises and Family Restaurant Franchises.

Note on Newton Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Newton.

Naming the Company

A big decision when starting a company is choosing a company name. Believe it or not, choosing a good company name can be a big contributor to your business success.

Even if the name doesn't do it by itself, many naming experts believe there should be a story behind the name that ties into your company mission.

Numerous company naming issues are discussed in more detail in this article: Naming a Business.

On a final note, given that you are starting a business in Newton, it's critical that you ensure that no other North Carolina company is using the business name you want to use.

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.

Take advantage of our many articles on raising money, such as 504 Loans.

For Newton entrepreneurs on the hunt for startup funding, you'll want to take a look at our List of North Carolina Angel Investors and our List of North Carolina Venture Capital Firms.

Advancing Your Entrepreneurial Skills

Good entrepreneurs recognize that they don't know everything.

Given that you are starting a business in Newton, North Carolina, you will want to take advantage of the many programs available at nearby North Carolina universities, colleges and community colleges. It's also worthwhile to see if there are any networking organizations for Newton entrepreneurs.

Moving Forward

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.

We are here to help Newton businesses to be successful. 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, North Carolina

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

More Startup Articles for North Carolina Cities

Starting a Business in Newland
Starting a Business in North Wilkesboro

Browse All Business Startup Guides for North Carolina
Starting a Business Guides for Other States

 

 

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Additional Resources for Entrepreneurs

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Franchise Opportunities

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