North Carolina Business Startup Guides

Start a Business in Cherry Point, North Carolina

Are you starting a business in Cherry Point, North Carolina? This article discusses the most important things to consider when opening a business in Cherry Point.

Are You Sure You Want to Do This?

Most new ventures don't make it, in part because the entrepreneur did not have the tenacity and/or the skills to succeed. So, before you open a business, consider all of the implications of being an entrepreneur.

Here are three things we recommend you do before you fully commit to starting a new business of your own.

  • Talk to other entrepreneurs in Cherry Point. Ask them candidly what it's like to run a business.
  • We recommend reading Characteristics of Successful Entrepreneurs. For aspiring new entrepreneurs, it's a must read article.
  • Seek the advice of somebody who knows you well. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.

Cherry Point, North Carolina Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
57
5-9 Employees
27
10-19 Employees
18
20-49 Employees
12
50-99 Employees
0
100-249 Employees
3
250-499 Employees
3
500-999 Employees
0
1000+ Employees
0
All Cherry Point Businesses
120

As a new Cherry Point entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Cherry Point 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
Barber Shops
1
Beauty Salons
1
Computer Systems Design Services
5
Computer Training
1
Credit Unions
1
Custom Computer Programming Services
1
Elementary and Secondary Schools
1
Engineering Services
4
Facilities Support Services
1
Florists
1
Food (Health) Supplement Stores
1
Food Service Contractors
2
Full-Service Restaurants
1
General Medical and Surgical Hospitals
1
Tobacco Stores
1
Video Tape and Disc Rental
1

Is a Franchise Opportunity Right For You?

Visit the business district of Cherry Point and you may be surprised to see how many franchises there are in the area. But is franchising the right option for you?

Our advice is to consider franchising as an option. This site has dozens of articles on franchising, such as Selling A Franchise. Get a thorough education on franchising by browsing all of our Articles on Franchising.

To learn about specific franchise opportunities, check out our Franchise Directory.

Representative franchise opportunities include Subway Franchises and Starbucks Franchises. Alternatively, you can browse franchise categories, such as Accounting Franchises and Moving Franchises.

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

Getting the Word Out About Your New Company

Whether your goal is to attract Cherry Point customers or you plan on selling elsewhere, you need a excellent marketing plan.

We have some helpful resources on this site for entrepreneurs who are working on marketing plans. Advertising on Google discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.

How to Sell

Mastering the art of selling is a must if you want your new Cherry Point business to do well.

The key to selling is to set sales goals goals and monitor your progress towards those goals. The good news is we can help you to make selling a big competitve advantage for your new firm.

The Art of Customer Referrals is worth reading, as it may give you some good ideas on how to sell your products or services. We have many more good articles on selling that you may enjoy reading.

Advancing Your Entrepreneurial Skills

Good entrepreneurs know that they don't know everything.

Given that you are starting a business in Cherry Point, North Carolina, you should check out some of the learning programs at local North Carolina educational institutions. Another way to keep up on your learning is to investigate networking groups or organizations in which Cherry Point entrepreneurs get together to network and trade their business experiences.

Next Steps

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

From this point on, you control your own destiny.

We are here to help Cherry Point businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Cherry Point, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Cherry Point, North Carolina

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

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