California Business Startup Guides

Starting a Business in Paramount, California

Thinking about starting a business in Paramount, California? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Paramount.

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 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 Cranes & Derricks Service & Repair Business guide or our How to Start an Electrical Inspection Business guide.

Don't forget that starting a business in Paramount has some implications. Some businesses will do better in Paramount than others. Study Paramount demographics and do a competitive analysis as part of your startup planning process.

Paramount, California Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
1504
5-9 Employees
702
10-19 Employees
456
20-49 Employees
375
50-99 Employees
102
100-249 Employees
48
250-499 Employees
9
500-999 Employees
6
1000+ Employees
0
All Paramount Businesses
3202

As a new Paramount entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Paramount 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
Adhesive Manufacturing
1
Appliance Repair and Maintenance
1
Automotive Glass Replacement Shops
1
Automotive Parts and Accessories Stores
8
Automotive Transmission Repair
3
Beauty Salons
5
Beer, Wine, and Liquor Stores
4
Broadwoven Fabric Mills
2
Business to Business Electronic Markets
1
Cafeterias
1
Canvas and Related Product Mills
1
Car Washes
3
Caterers
1
Cemeteries and Crematories
1
Cheese Manufacturing
2
Child Day Care Services
5
Children's and Infants' Clothing Stores
1
Civic and Social Organizations
2
Clothing Accessories Stores
1
Coin-Operated Laundries and Drycleaners
1
Commercial Bakeries
1
Commercial Lithographic Printing
5
Computer Systems Design Services
1
Construction Sand and Gravel Mining
1
Consumer Lending
1
Cosmetology and Barber Schools
1
Couriers
1
Curtain and Drapery Mills
1
Custom Roll Forming
3
Discount Department Stores
1
Drinking Places (Alcoholic Beverages)
7
Drywall and Insulation Contractors
2
Electric Power Distribution
1
Electrical Contractors
5
Electronic Shopping
1
Elementary and Secondary Schools
1
Environmental Consulting Services
1
Exterminating and Pest Control Services
7
Family Clothing Stores
4
Finish Carpentry Contractors
7
Fitness and Recreational Sports Centers
2
Flooring Contractors
1
Food Product Machinery Manufacturing
1
Footwear Merchant Wholesalers
21
Framing Contractors
1
Freight Transportation Arrangement
8
Fruit and Vegetable Markets
1
Full-Service Restaurants
14
Funeral Homes and Funeral Services
2
Furniture Merchant Wholesalers
4
General Automotive Repair
11
General Freight Trucking, Local
8
General Medical and Surgical Hospitals
1
General Rental Centers
3
General Warehousing and Storage
1
Gift, Novelty, and Souvenir Stores
1
Glass and Glazing Contractors
1
Hardware Merchant Wholesalers
15
Hardware Stores
3
Hobby, Toy, and Game Stores
1
Home Centers
1
Home Furnishing Merchant Wholesalers
6
Home Health Care Services
3
Home Health Equipment Rental
1
Ice Manufacturing
1
Industrial Launderers
2
Industrial Mold Manufacturing
4
Industrial Valve Manufacturing
1
Insurance Agencies and Brokerages
4
Interior Design Services
1
Investment Advice
1
Janitorial Services
1
Jewelry Stores
1
Kidney Dialysis Centers
1
Land Subdivision
1
Landscaping Services
7
Lessors of Other Real Estate Property
3
Limited-Service Restaurants
35
Local Messengers and Local Delivery
1
Luggage and Leather Goods Stores
1
Machine Shops
26
Mail-Order Houses
1
Manufactured (Mobile) Home Dealers
1
Meat Markets
1
Medical Laboratories
1
Metal Heat Treating
2
Metal Tank (Heavy Gauge) Manufacturing
1
Mortgage and Nonmortgage Loan Brokers
1
Motor Vehicle Body Manufacturing
3
Motor Vehicle Metal Stamping
1
Motor Vehicle Towing
1
Motorcycle Dealers
1
Musical Instrument Manufacturing
1
Nail Salons
1
New Car Dealers
1
Nonferrous Forging
2
Nonresidential Property Managers
1
Nursing Care Facilities
2
Office Administrative Services
6
Offices of Chiropractors
3
Offices of Dentists
11
Offices of Lawyers
1
Offices of Optometrists
2
Offices of Podiatrists
2
One-Hour Photofinishing
1
Optical Goods Stores
1
Packaging and Labeling Services
2
Paint and Coating Manufacturing
2
Paint and Wallpaper Stores
2
Painting and Wall Covering Contractors
4
Paper Industry Machinery Manufacturing
1
Periodical Publishers
1
Petroleum Bulk Stations and Terminals
2
Pharmacies and Drug Stores
4
Photography Studios, Portrait
2
Plastics Bottle Manufacturing
1
Plastics Plumbing Fixture Manufacturing
1
Plate Work Manufacturing
2
Polystyrene Foam Product Manufacturing
1
Portfolio Management
2
Prepress Services
1
Professional Employer Organizations
1
Quick Printing
1
Remediation Services
1
Residential Property Managers
5
Residential Remodelers
4
Reupholstery and Furniture Repair
1
Savings Institutions
1
Sheet Metal Work Manufacturing
3
Shoe Stores
4
Site Preparation Contractors
2
Snack and Nonalcoholic Beverage Bars
6
Soap and Other Detergent Manufacturing
1
Software Publishers
1
Sporting Goods Stores
1
Sports and Recreation Instruction
2
Steel Investment Foundries
1
Tax Preparation Services
6
Telemarketing Bureaus
1
Temporary Help Services
3
Testing Laboratories
5
Tobacco Stores
1
Translation and Interpretation Services
1
Travel Agencies
1
Travel Trailer and Camper Manufacturing
1
Truck Trailer Manufacturing
1
Used Household and Office Goods Moving
4
Used Merchandise Stores
1
Veterinary Services
1
Video Tape and Disc Rental
3
Vocational Rehabilitation Services
1
Weft Knit Fabric Mills
2
Wholesale Trade Agents and Brokers
11
Wired Telecommunications Carriers
1
Women's Clothing Stores
3
Wood Office Furniture Manufacturing
1
Wood Window and Door Manufacturing
1

Forming a Company in Paramount, California

It's essential that you choose the right legal structure for your new entity. Doing so will shield you from personal liability for business debts and obligations.

The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.

Incorporation 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. If you are starting a business in California, you don't necessarily have to incorporate in California. In fact, you are allowed to incorporate in the state of your choosing. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.

There are many nuances to forming a company. To learn the fundamentals of company formation, browse articles on our site, such as Dissolving a Corporation. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Paramount, California, our information on Incorporating in California may be a useful resource if you decide to incorporate in California.

The Role of the Business Plan

A business plan is critical in maximizing the prospects of your new company. Simply put, a business plan is a written description of the future you envision for your business. Failure to write a business plan is a recipe for disaster.

If you want more information on writing business plans, we recommend reading Reasons to Write a Business Plan. You should also take advantage of free business counselors available to you through your local SCORE chapter in California.

Selling Tips

Do you know how to sell? In order to attract customers to your new Paramount business, you need to focus on sales.

Why should customers buy from you instead of buying from competitors? The good news is we can help you to make selling a big competitve advantage for your new firm.

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

Advancing Your Entrepreneurial Skills

Good entrepreneurs recognize that what they know now may not be enough to ensure their future success.

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

What's Next?

As an entrepreneur in Paramount, 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 Paramount and throughout the United States . We believe entrepreneurship is an amazing engine for job creation in Paramount, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Paramount, California

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

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