Delaware Business Startup Guides
Opening a Business in Harrington, Delaware
Contemplating starting a business in Harrington, Delaware? We walk you through the process of opening a business in Harrington.
What Type of Business Should You Start?
Choosing a business that is right for you is very important. If you are struggling with what type of business to start, read Finding Your Niche in Life.
For in-depth how-to guides on how to start specific businesses, browse our Good Businesses to Start section of our site. For example, you might be interested in our Opening an Animated Signs & Displays Business guide or our Opening an Umbrella Retailer guide.
Remember that you are starting a business in Harrington. Some businesses will do better in Harrington than others. Only by spending some time analyzing Harrington demographics can you decide if there will be strong demand for your business idea.
Harrington, Delaware Demographic Information
Harrington has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Harrington demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Harrington.
Businesses
As a new Harrington entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Harrington 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
Should You Buy an Existing Harrington Business?
We've created a handy website page for those who want to Buy a Business in Delaware. Follow that link and you may find several good businesses for sale in Harrington.
If you are serious about buying a business, you may want to read this article: How to Buy a Business.
Company Formation in Harrington, Delaware
It's very important 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.
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 Delaware, it doesn't mean you are required to incorporate in Delaware. 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 ESOP Formation. You may also want to seek the advice of an attorney. On a final note, since you will be starting a business in Harrington, Delaware, our web page covering Incorporating in Delaware may be a useful resource if you decide to incorporate in Delaware.
Raising Money for Your New Venture
Raising money to fund your new Harrington business is very difficult due to the ongoing business credit crunch. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.
Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled Business Credit Evaluation.
For Harrington entrepreneurs with great ambition but a shortage of investment capital, browse our List of Delaware Angel Investors and our List of Delaware Venture Capital Firms.
Marketing Your New Venture
Whether your goal is to attract Harrington customers or you plan on selling elsewhere, having an excellent marketing plan is fundamental to your doing well.
There are myriad resources on this site to help you with your marketing plan. Facebook Advertising is a good read to get your marketing thoughts flowing. That's just a sampling of the many useful articles we have on Marketing a Small Business.
Next Steps
You have a dream -- starting a business in Harrington. 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 Harrington 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 Harrington, Delaware
Here are more links that we believe will help you be successful in starting a business in Harrington.
- Resources for Harrington, Delaware Entrepreneurs - Browse a variety of resources we've collected to assist Harrington entrepreneurs.
- Delaware Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Delaware.
- Delaware Small Business Development Center - The Delaware Small Business Development Center helps Delaware entrepreneurs grow and manage their small businesses by providing them with access to business information, training, and counseling.
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