New Jersey Business Startup Guides
Open a Business in Allentown, New Jersey
Need help starting a business in Allentown, New Jersey? We've got the information you need to open a business in Allentown.
Is Becoming a Business Owner Right for You?
Before you get too far along in the process, assess 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:
- Grab a meal or cofee with other entrepreneurs in Allentown. Get their take on what it's really like to be an entrepreneur.
- Take a look at The Entrepreneurial Personality. It's a short article but it's a good reality check for those are about to jump into the world of entrepreneurship.
- Reach out to a trusted acquaintance. That's the best way to get a truly objective assessment as to whether others think you have what it takes.
Allentown, New Jersey Demographic Information
Allentown has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Allentown demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Allentown.
Businesses
As a new Allentown entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Allentown 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
Is Franchising a Better Option?
Examine a list of Allentown businesses and you'll notice that many local entrepreneurs have gone the franchising route. Is it perhaps smarter to franchise a business instead of doing it from scratch.
We highly recommend you consider franchising as an option. To help you learn more about franchising, we've gathered a ton of articles on franchising, including Franchising My Business. Become a franchising expert of sorts by reading more of our Articles on Franchising.
You can review hundreds of franchise opportunities by browing our Franchise Directory.
Sample franchise opportunities include Odyssey Art Centers and Cookies by Design / Cookie Bouquet. Alternatively, you can browse franchise categories, such as Consulting Franchises and Franchises that Serve Liquor.
Note on Allentown Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Allentown.
What About Buying an Existing Allentown Business?
We've created a useful website page for those who want to Buy a Business in New Jersey. Follow that link and you might discover several good businesses for sale in Allentown.
Before buying a business, be sure to read this article: Buying a Business.
Startup Financing Basics
Finding the funds to fuel the growth of your Allentown 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.
The good news is this site contains dozens of articles on raising money, including one we recommend entitled 504 Loans.
For Allentown entrepreneurs on the hunt for startup funding, check out our List of New Jersey Angel Investors and our List of New Jersey Venture Capital Firms.
Increase Your Entrepreneurial Knowledge
The best entrepreneurs know that they need to continually improve.
As an entrepreneur who lives in Allentown, New Jersey, you will want to take advantage of the many programs available at nearby New Jersey universities, colleges and community colleges. We also suggest you look into networking organizations for Allentown entrepreneurs.
Moving Forward
You have a dream -- starting a business in Allentown. To achieve your dream, you have to persevere, even when the odds are against you.
If you choose the right business and love what you do, you will greatly increase your odds of success.
Our goal here is to promote the vitality and growth of small businesses in Allentown and throughout the United States . 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 Allentown, New Jersey
Here are more links that we believe will help you be successful in starting a business in Allentown.
- Resources for Allentown, New Jersey Entrepreneurs - Browse a variety of resources we've collected to assist Allentown 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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