New Jersey Business Startup Guides
Starting a Business in Union, New Jersey
Thinking about starting a business in Union, New Jersey? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Union.
Will You Be a Good Entrepreneur?
Before quitting your day job, take inventory of your entrepreneurial instincts and capabilities.
Because entrepreneurship is not for everyone, we recommend you do the following to help you assess whether you should move forward with starting a business:
- Talk to other entrepreneurs in Union. They are usually very willing to share their insights on the ups and downs of being an entrepreneur.
- We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
- Get feedback from somebody whom you trust. Others sometimes know you better than you know yourself.
What Business to Start
Choosing a business that is right for you is very important. We recommend that you read Business Ideas That Don't Make Sense.
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 Hardboard Retailer guide or our Starting a Storm Shelter Contractors & Dealers Business guide.
Remember that you are starting a business in Union. Some businesses will do better in Union than others. Only by spending some time analyzing Union demographics can you decide if there will be strong demand for your business idea.
Union, New Jersey Demographic Information
Union has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Union demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Union.
Businesses
As a new Union entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Union 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
What About Franchising Opportunities?
As you drive around Union, you'll notice that many local entrepreneurs have gone the franchising route. But is franchising the right option for you?
Our recommendation is that you consider franchising as an option. This site has dozens of articles on franchising, such as How to Franchise. 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.
Representative franchise opportunities include Professional Carpet Systems and Schlotzsky's Deli. Alternatively, you can browse franchise categories, such as Car Wash Franchises and Moving Franchises.
Note on Union Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Union.
Have You Considered Buying an Existing Union Business?
If you have some capital to play with, you may want to Buy a Business in New Jersey. Follow that link and you may find several good businesses for sale in Union.
If you are serious about buying a business, you may want to read this article: Buying a Business.
Naming the Business
Making the right decision when choosing a company name is very important. There are many decisions you'll make now that you can change later, but changing a company name years down the road is not very easy. So, choose a good company name at the outset.
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 starting a business in Union, it's very important that you make sure no New Jersey company has already registered the company name you have selected.
Raising Capital for Your Venture
Obtaining startup financing for your Union business will be harder than you might expect. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.
To learn about raising money, we recommend you read the fundraising articles on our site, such as 504 Loans.
For Union entrepreneurs who want to raise money for a new venture, we have assembled a List of New Jersey Angel Investors and our List of New Jersey Venture Capital Firms.
What's Next?
You have a dream -- starting a business in Union. To achieve your dream, you have to persevere, even when the odds are against you.
From this point on, you control your own destiny.
We are here to help Union businesses to be successful. 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 Union, New Jersey
Here are more links that we believe will help you be successful in starting a business in Union.
- Resources for Union, New Jersey Entrepreneurs - Browse a variety of resources we've collected to assist Union entrepreneurs.
- New Jersey Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in New Jersey.
- New Jersey Small Business Development Center - The New Jersey Small Business Development Centers (NJSBDC) network helps New Jersey small businesses expand operations, manage growth or launch new ventures. With offices in every county of the state, NJSBDC consultants help small business owners finance, market and manage their ventures.
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