New Hampshire Business Startup Guides
Open a Business in Derry, New Hampshire
Need help starting a business in Derry, New Hampshire? We've got the information you need to open a business in Derry.
Derry, New Hampshire Demographic Information
Derry has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Derry demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Derry.
Businesses
As a new Derry entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Derry 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 a Franchise Opportunity Right For You?
As you drive around Derry, you'll notice that many local entrepreneurs have gone the franchising route. Would going with a franchise be a good idea for you?
Most business experts recommend that you consider franchising as an option. To help you learn more about franchising, we've gathered a ton of articles on franchising, including How Franchises Work. 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.
Representative franchise opportunities include Silver Cross and Izzo's Illegal Burrito. Alternatively, you can browse franchise categories, such as Golf Franchises and Real Estate Franchises.
Note on Derry Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Derry.
What About Buying an Existing Derry Business?
We've created a handy website page for those who want to Buy a Business in New Hampshire. Follow that link and you can assess several good businesses for sale in Derry.
Before buying a business, be sure to read this article: How to Buy a Business.
Company Formation in Derry, New Hampshire
It's very important that your business is formed as a legal entity that is separate from its owners. The main advantage of forming your new business as a legal entity is that it separates your business liabilities from your personal liabilities.
The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporation 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. Just because you are starting a business in New Hampshire, you don't necessarily have to incorporate in New Hampshire. As it turns out, 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's a lot to know about 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 should also consider getting professional assistance from your business lawyer. Finally, if you are starting a business in Derry, New Hampshire, our information on Incorporating in New Hampshire may be a useful resource if you decide to incorporate in New Hampshire.
Where to Get Money to Start a Company
Getting your Derry business the capital it needs to succeed requires strong organization skills and perseverance. The reality is that there is very little funding available for new small businesses, and you have to explore every possible alternative.
Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled Angel Investors.
For Derry entrepreneurs in need of startup financing, you'll want to take a look at our List of New Hampshire Angel Investors and our List of New Hampshire Venture Capital Firms.
Improving Your Entrepreneurial Skillset
Good entrepreneurs know that they need to continually improve.
Given that you are starting a business in Derry, New Hampshire, you will want to take advantage of the learning programs at local New Hampshire educational institutions. It's also worthwhile to see if there are any Derry networking organizations.
Never Give Up
You have a dream -- starting a business in Derry. 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 Derry businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Derry, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Derry, New Hampshire
Here are more links that we believe will help you be successful in starting a business in Derry.
- Resources for Derry, New Hampshire Entrepreneurs - Browse a variety of resources we've collected to assist Derry entrepreneurs.
- New Hampshire Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in New Hampshire.
- New Hampshire Small Business Development Center - The New Hampshire Small Business Development Center offers free, one-on-one, confidential business counseling, low cost training programs, and other great services for New Hampshire entrepreneurs.
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