February 17, 2020  
 
  Entrepreneurial Resources - Advice for Pennsylvania Entrepreneurs  
  Tunkhannock, Pennsylvania Resources for Entrepreneurs  
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Opening a Business in Tunkhannock, Pennsylvania

Contemplating starting a business in Tunkhannock, Pennsylvania? We walk you through the process of opening a business in Tunkhannock.

What Business Are You Starting?

There are many businesses that you can start. How do you know which type of business is right for you? If you are struggling with what type of business to start, read How to Evaluate a Business Idea.

For step-by-step instructions on starting a variety of business types, visit the Good Businesses to Start section of our site. For example, you might be interested in our How to Start a Picnic Equipment & Supplies Business guide or our Opening a Welding Contractors Business guide.

Don't forget that your new startup will be located in Tunkhannock. Some businesses will do better in Tunkhannock than others. A critical consideration is whether Tunkhannock demographics mesh well with your startup concept.

Tunkhannock, Pennsylvania Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 566
5-9 Employees 243
10-19 Employees 135
20-49 Employees 72
50-99 Employees 24
100-249 Employees 12
250-499 Employees 3
500-999 Employees 0
1000+ Employees 0
All Tunkhannock Businesses 1055

As a new Tunkhannock entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Tunkhannock 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 Glass Replacement Shops 1
Automotive Parts and Accessories Stores 3
Baked Goods Stores 1
Beauty Salons 8
Beer, Wine, and Liquor Stores 4
Book Publishers 1
Business Associations 1
Car Washes 1
Caterers 1
Child Day Care Services 4
Civic and Social Organizations 1
Claims Adjusting 1
Commercial Lithographic Printing 1
Community Food Services 1
Computer and Software Stores 1
Computer Systems Design Services 1
Construction Sand and Gravel Mining 1
Convenience Stores 1
Convention and Visitors Bureaus 1
Credit Unions 3
Custom Computer Programming Services 1
Direct Life Insurance Carriers 1
Discount Department Stores 1
Drinking Places (Alcoholic Beverages) 1
Electric Power Distribution 2
Electrical Contractors 3
Elementary and Secondary Schools 1
Emergency and Other Relief Services 1
Engineering Services 1
Environmental Consulting Services 1
Family Clothing Stores 1
Fitness and Recreational Sports Centers 2
Florists 2
Food Service Contractors 1
Full-Service Restaurants 15
Funeral Homes and Funeral Services 1
Furniture Stores 1
General Automotive Repair 6
General Freight Trucking, Local 1
General Medical and Surgical Hospitals 1
Gift, Novelty, and Souvenir Stores 2
Golf Courses and Country Clubs 1
Graphic Design Services 1
Hardware Stores 2
Home Centers 1
Home Health Care Services 1
Homes for the Elderly 4
Household Appliance Stores 1
Insurance Agencies and Brokerages 11
Internet Service Providers 1
Janitorial Services 2
Jewelry Stores 1
Landscaping Services 8
Libraries and Archives 1
Limited-Service Restaurants 5
Livestock Merchant Wholesalers 1
Logging 2
Machine Shops 1
Masonry Contractors 1
Meat Markets 1
Mortgage and Nonmortgage Loan Brokers 1
Museums 1
Musical Instrument and Supplies Stores 1
New Car Dealers 4
Newspaper Publishers 1
Nursing Care Facilities 3
Offices of Certified Public Accountants 1
Offices of Chiropractors 3
Offices of Dentists 5
Offices of Lawyers 11
Offices of Optometrists 2
Offices of Podiatrists 1
Optical Goods Stores 1
Packing and Crating 1
Paint and Wallpaper Stores 1
Payroll Services 1
Pharmacies and Drug Stores 4
Photography Studios, Portrait 1
Recreational Vehicle Dealers 1
Residential Remodelers 2
Retail Bakeries 1
Sawmills 2
School and Employee Bus Transportation 3
Shoe Stores 1
Site Preparation Contractors 7
Snack and Nonalcoholic Beverage Bars 1
Tax Preparation Services 1
Tire Dealers 3
Title Abstract and Settlement Offices 2
Used Merchandise Stores 1
Veterinary Services 2
Video Tape and Disc Rental 2
Vocational Rehabilitation Services 2
Water Supply and Irrigation Systems 1
Wired Telecommunications Carriers 3
Women's Clothing Stores 1
Wood Container and Pallet Manufacturing 1

Is a Franchise Opportunity Right For You?

Examine a list of Tunkhannock businesses and you may be surprised to see how many franchises there are in the area. But is franchising the right option for you?

Most business experts recommend that you evaluate the possibility of your buying a franchise opportunity. We have many articles on franchises, such as How to Franchise. Become a franchising expert of sorts by reading more of our Articles on Franchising.

You can find franchise opportunities by browsing our Franchise Opportunities Directory.

Sample franchise opportunities include Nestle Toll House Cafe by Chip and Atlantic Mower Parts & Supplies. Alternatively, you can browse franchise categories, such as Home Décor Franchises and Mexican Restaurant Franchises.

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

Should You Buy an Existing Tunkhannock Business?

An excellent way to get started in business is to Buy a Business in Pennsylvania. Follow that link and you might discover several good businesses for sale in Tunkhannock.

Before buying a business, be sure to read this article: Buying a Business.

Forming a Company in Tunkhannock, Pennsylvania

It's very important that you choose the right legal structure for your new entity. Without a legal structure for the business, you can be held personally liable for the actions, debts and obligations of your company.

The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.

Incorporating is a very common way to legally create a business entity. Of course, you have to decide which type of corporation to form and where to incorporate. If you are starting a business in Pennsylvania, you don't necessarily have to incorporate in Pennsylvania. As it turns out, you are allowed to incorporate wherever you want. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.

There are many nuances to forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Pre-Incorporation Agreements. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Tunkhannock, Pennsylvania, our information on Incorporating in Pennsylvania may be a useful resource if you decide to incorporate in Pennsylvania.

Don't Forget to Create a Business Plan

Creating a business plan is vital to the health of your new business. Indeed, your business plan is your game plan for how you hope to grow your business. Starting a business without a business plan

If writing a business plan is on your to-do list, be sure to read Business Plan Contests. A great resource for business planning assistance is the free counseling sessions provided by your local SCORE chapter in Pennsylvania.

Letting the World Know You Exist

To grow your Tunkhannock business, having an excellent marketing plan is fundamental to your business achieving its goals.

We have some great resources on this site for entrepreneurs who are working on marketing plans. Effective Direct Mail Campaigns discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. That's just a sampling of the many useful articles we have on Marketing a Small Business.

Now It's Up To You

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

If you choose the right business and love what you do, you will greatly increase your odds of success.

We are here to help Tunkhannock businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Tunkhannock 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 Tunkhannock, Pennsylvania

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

 

 

Additional Resources for Entrepreneurs

Buying a Business

Writing a Business Plan

Raising Money

Incorporate

Small Business Marketing

Advertising Advice

Public Relations -

Customer Service Tips

Entrepreneurial Selling

Workplace Safety