Connecticut Business Startup Guides
Opening a Business in Southbury, Connecticut
Contemplating starting a business in Southbury, Connecticut? We walk you through the process of opening a business in Southbury.
Are You Sure You Want to Do This?
Most new companies don't make it, in part because the entrepreneur did not have the tenacity and/or the skills to succeed. So, before jumping into the world of entrepreneurship, consider all of the implications of being an entrepreneur.
To determine whether you have what it takes to run a business, we recommend these three steps to help you decide:
- Talk to other entrepreneurs in Southbury. Ask them candidly what it's like to run a business.
- We recommend reading Should You Become an Entrepreneur?. For aspiring new entrepreneurs, it's a must read article.
- Have a candid conversation with friends and family. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.
Southbury, Connecticut Demographic Information
Southbury has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Southbury demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Southbury.
Businesses
As a new Southbury entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Southbury 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
Have You Considered Buying an Existing Southbury Business?
If you have some capital to play with, you may want to Buy a Business in Connecticut. Follow that link and you may find several good businesses for sale in Southbury.
For anybody who wants to buy a business, we recommend reading this useful article: Buying a Business.
Choosing 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.
Before you decide on a company name, run it by some prospective customers and see what they think. If they don't like it, it's probably a good idea to go back to the drawing board.
Numerous company naming issues are discussed in more detail in this article: Naming a Business.
On a final note, given that you are starting a business in Southbury, it's imperative that you check now that no other Connecticut company is using the business name you want to use.
Bring in Revenues
Mastering the art of selling is priority one if you want your new Southbury business to do well.
Clever sales techniques can transform any business from good to great. Fortunately, we've got plenty of good advice to help you improve your selling skills.
Writing Great Proposals is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.
Advancing Your Entrepreneurial Skills
Successful entrepreneurs know that what they know now may not be enough to ensure their future success.
Given that you are starting a business in Southbury, Connecticut, you will want to take advantage of the many programs available at nearby Connecticut universities, colleges and community colleges. It's also worthwhile to see if there are any networking organizations for Southbury entrepreneurs.
Next Steps
Most new Southbury businesses underestimate the number of challenges they will face.
Owning your own business will be a daunting task, but you can do it.
Our goal here is to promote the vitality and growth of small businesses in Southbury and throughout the United States . We believe entrepreneurship is an amazing engine for job creation in Southbury, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Southbury, Connecticut
Here are more links that we believe will help you be successful in starting a business in Southbury.
- Resources for Southbury, Connecticut Entrepreneurs - Browse a variety of resources we've collected to assist Southbury 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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