New York Business Startup Guides
Opening a Business in Coeymans Hollow, New York
Contemplating starting a business in Coeymans Hollow, New York? We walk you through the process of opening a business in Coeymans Hollow.
Is Becoming an Entrepreneur Right for You?
Before quitting your day job, consider your entrepreneurial instincts and capabilities.
While entrepreneurship has become a popular career choice, we recommend you do the following before you take the plunge:
- Talk to other entrepreneurs in Coeymans Hollow. Get their take on what it's really like to be an entrepreneur.
- 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. That's the best way to get a truly objective assessment as to whether others think you have what it takes.
Coeymans Hollow, New York Demographic Information
Coeymans Hollow has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Coeymans Hollow demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Coeymans Hollow.
Businesses
As a new Coeymans Hollow entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Coeymans Hollow 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
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?
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Business.
On a final note, given that you are opening a business in Coeymans Hollow, it's very important that you make sure your company name has not already been claimed by another New York business.
Forming a Company in Coeymans Hollow, New York
A critical step is ensuring that your business is formed as a legal entity that is separate from its owners. Without a legal structure for the business, you can be held personally liable for the actions, debts and obligations of your company.
When forming a company, you will pick from many company types, such as a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporating is a very popular way to form a business. Of course, you have to decide which type of corporation to form and where to 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 the state of your choosing. 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 Corporate Formalities. You may also want to seek the advice of an attorney. On a final note, since you will be starting a business in Coeymans Hollow, New York, our web page covering Incorporating in New York may be a useful resource if you decide to incorporate in New York.
Do You Need a Business Plan?
Writing a business plan is critical in maximizing the prospects of your new company. Simply put, a business plan describes what you plan to do with the business and how you plan to do it. Not having a business plan will greatly reduce your chances of business success.
To learn more about business plans, read The Art of the Executive Summary. You can also get free counseling sessions provided by your local SCORE chapter in New York.
Raising Money for Your New Venture
Raising money to fund your new Coeymans Hollow business is a difficult chore. In fact, financing your new business may be the hardest challenge you ever face.
To learn about raising money, we recommend you read the fundraising articles on our site, such as Angel Investors.
For Coeymans Hollow entrepreneurs with great ambition but a shortage of investment capital, we have assembled a List of New York Angel Investors and our List of New York Venture Capital Firms.
Moving Forward
You have a dream -- starting a business in Coeymans Hollow. To achieve your dream, you have to persevere, even when the odds are against you.
Owning your own business will be a daunting task, but you can do it.
We are here to help Coeymans Hollow 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 Coeymans Hollow, New York
Here are more links that we believe will help you be successful in starting a business in Coeymans Hollow.
- Resources for Coeymans Hollow, New York Entrepreneurs - Browse a variety of resources we've collected to assist Coeymans Hollow 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.
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