New York Business Startup Guides
Starting a Business in Dundee, New York
Thinking about starting a business in Dundee, New York? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Dundee.
Are You Sure You Want to Do This?
Being an entrepreneur is demanding, much harder than working as an employee. Are you positive you have the stamina and skills to succeed on your own?
Here are three things we recommend you do before you fully commit to starting a new business of your own.
- Speak with other entrepreneurs in Dundee. Ask them candidly what it's like to run a business.
- You should read Business Failure. It's a good read for those who are thinking about becoming an entrepreneur.
- Involve a spouse, family member or trusted friend in the decision. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.
Dundee, New York Demographic Information
Dundee has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Dundee demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Dundee.
Businesses
As a new Dundee entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Dundee 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
What About Buying an Existing Dundee Business?
If you have some capital to play with, you may want to Buy a Business in New York. Follow that link and you may find several good businesses for sale in Dundee.
For anybody who wants to buy a business, we recommend reading this useful article: Hold Harmless Agreements When Buying Businesses.
Picking a Company Name
A good company name can give a big boost to a new startup. It might seem like an easy thing to do, but there are many things to consider when naming a business.
Even if the name doesn't do it by itself, many naming experts believe there should be a story behind the name that ties into your company mission.
Numerous company naming issues are discussed in more detail in this article: Naming a Business.
As a final piece of advice, remember that because you are planning on starting a business in Dundee, it's critical that you ensure that no other New York company is using the business name you want to use.
Startup Financing Basics
Getting your Dundee 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 504 Loans.
For Dundee 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.
Marketing Your New Venture
To grow your Dundee business, having an excellent marketing plan is fundamental to your successs.
There are myriad resources on this site to help you with your marketing plan. National TV Spot Advertising Rates is an article that will stimulate a few thoughts on your marketing plan. That's just a taste of the many useful articles we have on Marketing a Small Business.
Learning More About Entrepreneurship
The best entrepreneurs recognize that what they know now may not be enough to ensure their future success.
Given that you are starting a business in Dundee, 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 worthwhile to see if there are any networking groups or organizations in which Dundee entrepreneurs get together to network and trade their business experiences.
Next Steps
As an entrepreneur in Dundee, you won't be working for the boss anymore. You are the boss.
Owning your own business will be a daunting task, but you can do it.
We are here to help Dundee businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Dundee, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Dundee, New York
Here are more links that we believe will help you be successful in starting a business in Dundee.
- Resources for Dundee, New York Entrepreneurs - Browse a variety of resources we've collected to assist Dundee 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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