New Jersey Business Startup Guides
Starting a Business in Parsippany, New Jersey
Thinking about starting a business in Parsippany, New Jersey? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Parsippany.
Which Business to Choose?
There are many businesses that you can start. How do you know which type of business is right for you? We recommend that you read Good Business Ideas.
For step-by-step instructions on starting a variety of business types, visit the Good Businesses to Start section of our site. For example, you might be interested in our Starting a Dance Club guide or our Starting a Tatoo Parlor guide.
Always keep in mind that starting a business in Parsippany has some implications. If Parsippany already has plenty of the kind of business you want to start, you might want to change your plans. Only by spending some time analyzing Parsippany demographics can you decide if there will be strong demand for your business idea.
Parsippany, New Jersey Demographic Information
Parsippany has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Parsippany demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Parsippany.
Businesses
As a new Parsippany entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Parsippany 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.
Businesses
Should You Franchise?
Browse the Yellow Pages for Parsippany and it becomes clear that purchasing a franchise is a common way to get started as an entrepreneur. Is it perhaps smarter to franchise a business instead of doing it from scratch.
We highly recommend you consider franchising as an option. We have many articles on franchises, such as Franchisees Versus Licensees. 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 Subway Franchises and Starbucks Franchises. Alternatively, you can browse franchise categories, such as Accounting Franchises and Moving Franchises.
Note on Parsippany Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Parsippany.
Have You Considered Buying an Existing Parsippany Business?
If you have some capital to play with, you may want to Buy a Business in New Jersey. Follow that link and you can assess several good businesses for sale in Parsippany.
If you are serious about buying a business, you may want to read this article: Buying a Business.
Marketing Your New Startup
To grow your Parsippany business, you need a excellent marketing plan.
We have some useful resources on this site for entrepreneurs who are working on marketing plans. Getting Publicity discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. That's just one of the many useful articles we have on Marketing a Small Business.
Increase Your Entrepreneurial Knowledge
Successful entrepreneurs know that they don't know everything.
With your business being located in Parsippany, New Jersey, you should check out some of the many programs available at nearby New Jersey universities, colleges and community colleges. Another way to keep up on your learning is to investigate networking groups or organizations in which Parsippany entrepreneurs get together to network and trade their business experiences.
Next Steps
Most new Parsippany businesses underestimate the number of challenges they will face.
From this point on, you control your own destiny.
This site is all about helping entrepreneurs in Parsippany and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Parsippany, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Parsippany, New Jersey
Here are more links that we believe will help you be successful in starting a business in Parsippany.
- Resources for Parsippany, New Jersey Entrepreneurs - Browse a variety of resources we've collected to assist Parsippany entrepreneurs.
- New Jersey Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in New Jersey.
- New Jersey Small Business Development Center - The New Jersey Small Business Development Centers (NJSBDC) network helps New Jersey small businesses expand operations, manage growth or launch new ventures. With offices in every county of the state, NJSBDC consultants help small business owners finance, market and manage their ventures.
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