New York Business Startup Guides
Start a Business in Stony Brook, New York
Are you starting a business in Stony Brook, New York? This article discusses the most important things to consider when opening a business in Stony Brook.
Stony Brook, New York Demographic Information
Stony Brook has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Stony Brook demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Stony Brook.
As a new Stony Brook entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Stony Brook 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.
Should You Franchise?
Browse the Yellow Pages for Stony Brook and you'll conclude that many business owners have opted to buy a franchise, rather than starting a business on their own. Would going with a franchise be a good idea for you?
Our recommendation is that you consider franchising as an option. We have many articles on franchises, such as How to Franchise a Business. 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.
Note on Stony Brook Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Stony Brook.
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.
For other considerations regarding naming a company, we recommend this article: Naming a Business.
There's one other important factor when naming a business. Since you are starting a business in Stony Brook, it's very important that you make sure you will be the only New York company using the business name you have chosen.
The Role of the Business Plan
Writing a business plan is vital to the health of your new business. In effect, a business plan describes what you plan to do with the business and how you plan to do it. Not having a business plan will greatly reduce your chances of business success.
Getting Money to Start a Business
Finding the funds to fuel the growth of your Stony Brook business is not an easy task. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.
To learn about raising money, we recommend you read the fundraising articles on our site, such as 504 Loans.
Marketing Your New Business
Whether your goal is to attract Stony Brook customers or you plan on selling elsewhere, having an excellent marketing plan is fundamental to your succeeding.
You can learn quite a bit about marketing on our site. Television Advertising Rates is a good read to get your marketing juices flowing. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.
Now It's Up To You
You have a dream -- starting a business in Stony Brook. To achieve your dream, you have to persevere, even when the odds are against you.
From this point on, you control your own destiny.
Our goal here is to promote the vitality and growth of small businesses in Stony Brook and throughout the United States . We believe entrepreneurship is an amazing engine for job creation in Stony Brook, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Stony Brook, New York
Here are more links that we believe will help you be successful in starting a business in Stony Brook.
- Resources for Stony Brook, New York Entrepreneurs - Browse a variety of resources we've collected to assist Stony Brook entrepreneurs.
- New York Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in New York.
- New York Small Business Development Center - The New York State Small Business Development Center delivers high quality business counseling and training to New Yorkers who want to start a business or improve the performance of an existing business.
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