New York Business Startup Guides
Starting a Business in Yorktown Heights, New York
Thinking about starting a business in Yorktown Heights, New York? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Yorktown Heights.
Which Business to Choose?
There are many businesses that you can start. How do you know which type of business is right for you? To help you decide on a business type, we encourage you to read Business Ideas That Don't Make Sense.
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 an Uniforms & Accessories Wholesaler guide or our Starting a Shower Curtains Wholesale & Manufacturers Business guide.
Don't forget that starting a business in Yorktown Heights has some implications. Some businesses will do better in Yorktown Heights than others. Study Yorktown Heights demographics and do a competitive analysis as part of your startup planning process.
Yorktown Heights, New York Demographic Information
Yorktown Heights has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Yorktown Heights demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Yorktown Heights.
As a new Yorktown Heights entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Yorktown Heights 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?
As you drive around Yorktown Heights, you'll conclude that many business owners have opted to buy a franchise, rather than starting a business on their own. But is franchising the right option for you?
Our advice is to consider franchising as an option. We have many articles on franchises, such as How to Franchise a Business. Become a franchising expert of sorts by reading more of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Sample franchise opportunities include The Mail Box Stores and Wireless Toyz. Alternatively, you can browse franchise categories, such as Tanning Franchises and Marketing, Sales and Advertising Franchises.
Note on Yorktown Heights Franchise Opportunities: To find out if a franchise you are interested in is available in Yorktown Heights, you will need to get in direct contact with the franchisor.
Naming the Company
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.
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: Branding Advice.
On a final note, given that you are starting a business in Yorktown Heights, it's very important that you make sure no other New York company is using the business name you want to use.
Forming a Company in Yorktown Heights, New York
It's very important that you form your business as a legal structure. Doing so will shield you from personal liability for business debts and obligations.
The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporating is a very popular way to form a business. A key decision is whether to form and S-Corp or a C-Corp, and you also must decide in which state you will incorporate. If you are starting a business in New York, it doesn't mean you are required to incorporate in New York. In fact, you can incorporate in any state you would like to. 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 Piercing the Corporate Veil. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Yorktown Heights, New York, our information on Incorporating in New York may be a useful resource if you decide to incorporate in New York.
How to Improve Your Entrepreneurial Abilities
Successful entrepreneurs recognize that they need to continually improve.
With your business being located in Yorktown Heights, New York, you will want to take advantage of the many programs available at nearby New York universities, colleges and community colleges. It's also smart to see if there are any networking groups or organizations in which Yorktown Heights entrepreneurs get together to network and trade their business experiences.
Never Give Up
You have a dream -- starting a business in Yorktown Heights. To achieve your dream, you have to persevere, even when the odds are against you.
From this point on, you control your own destiny.
This site is all about helping entrepreneurs in Yorktown Heights and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Yorktown Heights, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Yorktown Heights, New York
Here are more links that we believe will help you be successful in starting a business in Yorktown Heights.
- Resources for Yorktown Heights, New York Entrepreneurs - Browse a variety of resources we've collected to assist Yorktown Heights 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.
More Business Startup Guides for New York
Share this article
Additional Resources for Entrepreneurs