New York Business Startup Guides
Start a Business in Huntington, New York
Are you starting a business in Huntington, New York? This article discusses the most important things to consider when opening a business in Huntington.
Which Business to Choose?
An important decision is what kind of business you want to start. You might get some good ideas about what kind of business to start by reading How to Evaluate a Business Idea.
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 a Sailing School guide or our Opening a Heating Stoves Wholesale & Manufacturers Business guide.
Don't forget that starting a business in Huntington has some implications. If Huntington already has plenty of the kind of business you want to start, you might want to change your plans. Make sure you fully understand Huntington demographics before you lock in on your business idea.
Huntington, New York Demographic Information
Huntington has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Huntington demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Huntington.
Businesses
As a new Huntington entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Huntington 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 Franchise?
As you drive around Huntington, you'll notice that many local entrepreneurs have gone the franchising route. Is there a franchise opportunity out there that makes sense for you?
Our recommendation is that you consider franchising as an option. On our site, you can read many articles about franchising, such as Detecting Franchising Scams. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.
You can find franchise opportunities by browsing our Franchise Opportunities Directory.
Sample franchise opportunities include Case In Point and Made In Japan Teriyaki Experience. Alternatively, you can browse franchise categories, such as Car Wash Franchises and Moving Franchises.
Note on Huntington Franchise Opportunities: To find out if a franchise you are interested in is available in Huntington, you will need to get in direct contact with the franchisor.
Should You Buy an Existing Huntington Business?
We've created a helpful website page for those who want to Buy a Business in New York. Follow that link and you may find several good businesses for sale in Huntington.
If you are headed down the path of buying a business, you may want to read this article: Buying a Business.
Company Formation in Huntington, New York
A critical step is ensuring that your business is formed as a legal entity that is separate from its owners. Doing so will shield you from personal liability for business debts and obligations.
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. Just because you are starting a business in New York, it doesn't mean you are required to incorporate in New York. 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. To learn the basics of company formation, browse articles on our site, such as C Corp Versus S Corp. You may also want to seek the advice of an attorney. On a final note, since you will be starting a business in Huntington, New York, our web page covering Incorporating in New York may be a useful resource if you decide to incorporate in New York.
Getting Money to Start a Business
Obtaining startup financing for your Huntington business is a difficult chore. In fact, financing your new business may be the hardest challenge you ever face.
Take advantage of our many articles on securing funding, such as 504 Loans.
For Huntington entrepreneurs who need startup capital, we have assembled a List of New York Angel Investors and our List of New York Venture Capital Firms.
Increase Your Entrepreneurial Knowledge
Good entrepreneurs know that what they know now may not be enough to ensure their future success.
Given that you are starting a business in Huntington, New York, you should get information on some of the many programs available at nearby New York universities, colleges and community colleges. Another way to keep up on your entrepreneurial education is to investigate networking groups or organizations in which Huntington entrepreneurs get together to network and trade their business experiences.
Interviews With Huntington Entrepreneurs
We're compiling a number of interviews with Huntington entrepreneurs. Enjoy!
Never Give Up
You have a dream -- starting a business in Huntington. 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.
Our goal here is to promote the vitality and growth of small businesses in Huntington and throughout the United States . 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 Huntington, New York
Here are more links that we believe will help you be successful in starting a business in Huntington.
- Resources for Huntington, New York Entrepreneurs - Browse a variety of resources we've collected to assist Huntington 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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