Connecticut Business Startup Guides
Start a Business in Plainville, Connecticut
Are you starting a business in Plainville, Connecticut? This article discusses the most important things to consider when opening a business in Plainville.
Are You Ready for the Challenges of Being an Entrepreneur?
Running your own business is demanding, much harder than working as an employee. Are you certain you have the stamina and skills to succeed on your own?
While entrepreneurship has become a popular career choice, we recommend you do the following before you take the plunge:
- Reach out to other entrepreneurs in Plainville. Listen closely to their experiences and see if you think you too can be successful.
- Peruse Characteristics of Successful Entrepreneurs. This is one of our more popular articles for folks who want to go into business for themselves.
- Seek the advice of somebody who knows you well. 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?
An important decision is what kind of business you want to start. To stir your creative juices on what kind of business to start, take a look at Good 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 Starting a Dance Club guide or our Starting a Tatoo Parlor guide.
Remember that you are starting a business in Plainville. Some businesses will do better in Plainville than others. A critical consideration is whether Plainville demographics mesh well with your startup concept.
Plainville, Connecticut Demographic Information
Plainville has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Plainville demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Plainville.
Businesses
As a new Plainville entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Plainville 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
Naming the Company
Making the right decision when choosing a company name is very important. There are many decisions you'll make now that you can change later, but changing a company name years down the road is not very easy. So, choose a good company name at the outset.
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: Branding Advice.
There's one other important factor when naming a business. Since you are planning on starting a business in Plainville, it's critical that you ensure that no other Connecticut company is using the business name you want to use.
Don't Skip the Business Plan
A business plan is vital 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.
To learn more about business plans, read Business Plan Contests. You should also take advantage of free counseling sessions provided by your local SCORE chapter in Connecticut.
Where to Get Money to Start a Company
Getting your Plainville business the capital it needs to succeed is not an easy task. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.
To learn about raising money, we recommend you read the fundraising articles on our site, such as 504 Loans.
For Plainville entrepreneurs with great ambition but a shortage of investment capital, we have assembled a List of Connecticut Angel Investors and our List of Connecticut Venture Capital Firms.
Never Give Up
As an entrepreneur in Plainville, you won't be working for the boss anymore. You are the boss.
If you choose the right business and love what you do, you will greatly increase your odds of success.
We are here to help Plainville businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Plainville 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 Plainville, Connecticut
Here are more links that we believe will help you be successful in starting a business in Plainville.
- Resources for Plainville, Connecticut Entrepreneurs - Browse a variety of resources we've collected to assist Plainville entrepreneurs.
- Connecticut Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Connecticut.
- Connecticut Small Business Development Center - Central Connecticut State University's Institute of Technology and Business Development (ITBD) supports Connecticut businesses and business-related organizations with training, technology assistance, conferencing services, procurement services and business incubation.
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