New York Business Startup Guides

Start a Business in Shelter Island, New York

Are you starting a business in Shelter Island, New York? This article discusses the most important things to consider when opening a business in Shelter Island.

Are You Ready for Life as an Owner?

An entrepreneurial life is difficult, much harder than working as an employee. Are you certain you have the stamina and skills to succeed on your own?

Here are three things we recommend you do before you fully commit to starting a new business of your own.

  • Speak with other entrepreneurs in Shelter Island. Listen closely to their experiences and see if you think you too can be successful.
  • You should read Starting a Company. It's a good read for those who are thinking about becoming an entrepreneur.
  • Talk it over with a close friend or partner. 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.

Which Business to Choose?

Choosing a business that is right for you is very important. If you are struggling with what type of business to start, read 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 How to Start a Neurology Pediatrics Physicians & Surgeons Practice guide or our How to Start a Client & Server Software Business guide.

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

Shelter Island, New York Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
189
5-9 Employees
30
10-19 Employees
12
20-49 Employees
9
50-99 Employees
0
100-249 Employees
0
250-499 Employees
0
500-999 Employees
0
1000+ Employees
0
All Shelter Island Businesses
240

As a new Shelter Island entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Shelter Island 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
Beauty Salons
2
Beer, Wine, and Liquor Stores
1
Civic and Social Organizations
1
Construction Sand and Gravel Mining
1
Electrical Contractors
2
Family Clothing Stores
1
Framing Contractors
1
Full-Service Restaurants
6
Furniture Stores
1
General Automotive Repair
1
Golf Courses and Country Clubs
1
Historical Sites
1
Industrial Design Services
1
Inland Water Passenger Transportation
1
Insurance Agencies and Brokerages
2
Interior Design Services
2
Investment Advice
1
Land Subdivision
1
Landscaping Services
4
Libraries and Archives
1
Marinas
2
Motion Picture and Video Production
1
New Housing Operative Builders
1
Nonresidential Property Managers
1
Offices of Certified Public Accountants
1
Painting and Wall Covering Contractors
2
Ready-Mix Concrete Manufacturing
1
Residential Remodelers
1
Site Preparation Contractors
1
Tile and Terrazzo Contractors
1
Used Household and Office Goods Moving
1
Women's Clothing Stores
1

Is Buying an Existing Shelter Island Business a Good Strategy?

If you have some capital to play with, you may want to Buy a Business in New York. Follow that link and you may find several good businesses for sale in Shelter Island.

If you are serious about buying a business, you may want to read this article: How to Buy a Business.

Picking a Company Name

A good company name can give a big boost to a new startup. It might seem like an easy thing to do, but there are many things to consider when naming a business.

Companies like Starbucks, Apple, Target, Microsoft and Intuit all have strong company names that are easy to remember and have become well-loved brands. Wouldn't it be nice if your new company name got on a similar track?

Numerous company naming issues are discussed in more detail in this article: Naming a Company.

There's one other important factor when naming a business. Since you are opening a business in Shelter Island, it's critical that you ensure that no other New York company is using the business name you want to use.

Getting Money to Start a Business

Getting your Shelter Island business the capital it needs to succeed will be harder than you might expect. In fact, financing your new business may be the hardest challenge you ever face.

On the bright side, this site contains dozens of articles on raising money, including one we recommend entitled 504 Loans.

For Shelter Island entrepreneurs on the hunt for startup funding, you'll want to take a look at our List of New York Angel Investors and our List of New York Venture Capital Firms.

Never Give Up

As an entrepreneur in Shelter Island, 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.

Our goal here is to promote the vitality and growth of small businesses in Shelter Island and throughout the United States . We have a wealth of experience in business start-ups, financing, marketing, sales and more...and we've made all of our knowledge available to you.

More Entrepreneurial Resources for Starting a Business in Shelter Island, New York

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

Starting-a-Business Guides for Other Cities in New York

Starting a Business in Setauket
Starting a Business in Sherburne

Browse All Business Startup Guides for New York
Starting a Business Guides for Other States

 

 

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