January 22, 2021  
 
  Entrepreneurial Resources - Advice for New York Entrepreneurs  
  Salamanca, New York Resources for Entrepreneurs  
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Starting a Business in Salamanca, New York

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

Which Business to Choose?

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 Business Ideas That Don't Make Sense.

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 Furniture Hardware Manufacturers Business guide or our Opening a Ready-mixed Concrete Dealers Business guide.

Remember that you are starting a business in Salamanca. Some businesses will do better in Salamanca than others. Don't forget to review Salamanca demographics to see if there's a market for what you want to sell.

Salamanca, New York Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 261
5-9 Employees 113
10-19 Employees 45
20-49 Employees 39
50-99 Employees 24
100-249 Employees 6
250-499 Employees 0
500-999 Employees 0
1000+ Employees 0
All Salamanca Businesses 488

As a new Salamanca entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Salamanca 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
Advertising Agencies 1
Automotive Parts and Accessories Stores 2
Beauty Salons 2
Beer, Wine, and Liquor Stores 1
Business Associations 1
Child Day Care Services 1
Civic and Social Organizations 3
Commercial Lithographic Printing 1
Convenience Stores 2
Credit Unions 1
Cut Stock, Resawing Lumber, and Planing 1
Drinking Places (Alcoholic Beverages) 2
Electrical Contractors 1
Electronic Shopping 4
Engineering Services 1
Family Clothing Stores 1
Fitness and Recreational Sports Centers 1
Floor Covering Stores 1
Florists 1
Food Service Contractors 1
Full-Service Restaurants 6
Funeral Homes and Funeral Services 1
General Automotive Repair 3
Gift, Novelty, and Souvenir Stores 3
Golf Courses and Country Clubs 1
Hand and Edge Tool Manufacturing 1
Hardware Merchant Wholesalers 1
Home Health Equipment Rental 1
Insurance Agencies and Brokerages 5
Jewelry Stores 1
Landscaping Services 2
Lessors of Other Real Estate Property 1
Limited-Service Restaurants 7
Logging 1
Mail-Order Houses 4
Masonry Contractors 1
Museums 1
Natural Gas Distribution 1
New Housing Operative Builders 1
News Dealers and Newsstands 1
Newspaper Publishers 1
Offices of Dentists 2
Offices of Lawyers 2
Paint and Wallpaper Stores 1
Painting and Wall Covering Contractors 2
Pharmacies and Drug Stores 2
Radio Stations 1
Residential Remodelers 1
Roofing Contractors 1
School and Employee Bus Transportation 1
Site Preparation Contractors 1
Tax Preparation Services 2
Taxi Service 1
Tobacco Stores 10
Used Merchandise Stores 1
Vending Machine Operators 1
Video Tape and Disc Rental 1

What About Franchising Opportunities?

Browse the Yellow Pages for Salamanca and it becomes clear that purchasing a franchise is a common way to get started as an entrepreneur. But is franchising the right option for you?

We highly recommend you consider franchising as an option. This site has dozens of articles on franchising, such as Opportunities in International Franchising. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.

To learn about specific franchise opportunities, check out our Franchise Directory.

Sample franchise opportunities include Craters & Freighters and Goin' Postal. Alternatively, you can browse franchise categories, such as Rental Franchises and Hotel and Motel Franchises.

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

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.

Pick a company name that isn't too generic. If you do a search engine search for your proposed name and a billion results come up, you may want to reconsider the name. It's much easier to come up in the search engines when your name is fairly unique.

To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Company.

There's one other important factor when naming a business. Since you are starting a business in Salamanca, it's imperative that you check now that no other New York company is using the business name you want to use.

Make Sure You Have a Business Plan

Writing a business plan is vital to the health of your new business. Simply put, a business plan describes what you plan to do with the business and how you plan to do it. Failure to write a business plan will greatly reduce your chances of business success.

To learn more about business plans, read Business Plan Contests. A great resource for business planning assistance is the free business counselors available to you through your local SCORE chapter in New York.

Advancing Your Entrepreneurial Skills

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

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

Now It's Up To You

Most new Salamanca businesses underestimate the number of challenges they will face.

Owning your own business will be a daunting task, but you can do it.

This site is all about helping entrepreneurs in Salamanca and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Salamanca 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 Salamanca, New York

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

 

 

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