New Jersey Business Startup Guides
Start a Business in Paterson, New Jersey
Are you starting a business in Paterson, New Jersey? This article discusses the most important things to consider when opening a business in Paterson.
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 Finding Your Niche in Life.
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 an Oil Equipment Sales & Service Business guide or our How to Start an Auto Suspension Parts Business guide.
Don't forget that starting a business in Paterson has some implications. Some businesses will do better in Paterson than others. Don't forget to review Paterson demographics to see if there's a market for what you want to sell.
Paterson, New Jersey Demographic Information
Paterson has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Paterson demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Paterson.
Businesses
As a new Paterson entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Paterson 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
What About Buying an Existing Paterson Business?
An excellent way to get started in business is to Buy a Business in New Jersey. Follow that link and you may find several good businesses for sale in Paterson.
If you are serious about buying a business, you may want to read this article: Buying a Business.
Do You Need a Business Plan?
A business plan is vital in laying a solid foundation for your business success. In effect, a business plan is a written description of the future you envision for your business. Starting a business without a business plan is a recipe for disaster.
To learn more about business plans, read Business Presentations. A great resource for business planning assistance is the free counseling sessions provided by your local SCORE chapter in New Jersey.
Letting the World Know You Exist
Whether your goal is to attract Paterson customers or you plan on selling elsewhere, you need a excellent marketing plan.
You can learn all about marketing on our site. Advertising in the Yellow Pages discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. That's just a sampling of the many useful articles we have on Marketing a Small Business.
The Art of Selling
Mastering the art of selling is a must if you want your new Paterson business to do well.
Good selling involves demonstrating that your wares meet your customer's needs. The good news is we can help you to make selling a big competitve advantage for your new firm.
Compensating Sales People is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.
Next Steps
Most new Paterson businesses underestimate the number of challenges they will face.
If you choose the right business and love what you do, you will greatly increase your odds of success.
We are here to help Paterson businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Paterson, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Paterson, New Jersey
Here are more links that we believe will help you be successful in starting a business in Paterson.
- Resources for Paterson, New Jersey Entrepreneurs - Browse a variety of resources we've collected to assist Paterson 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.
Starting-a-Business Guides for Other Cities in New Jersey
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Starting a Business in Pennington
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