New York Business Startup Guides
Opening a Business in Maspeth, New York
Contemplating starting a business in Maspeth, New York? We walk you through the process of opening a business in Maspeth.
Are You Ready for Entrepreneurship?
Being an entrepreneur is demanding, much more challenging than working as an employee. Are you certain you want to go into business for yourself?
While entrepreneurship has become a popular career choice, we recommend you do the following before you take the plunge:
- Talk to other entrepreneurs in Maspeth. Listen closely to their experiences and see if you think you too can be successful.
- 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. Ask them directly: Do I have what it takes to be an entrepreneur? Listen carefully to their answer, as they presumably know your strengths and weaknesses.
What Business Are You Starting?
There are many businesses that you can start. How do you know which type of business is right for you? To stir your creative juices on what kind of business to start, take a look at Free Business Ideas.
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 Starting a Dance Club guide or our Starting a Tatoo Parlor guide.
Don't forget that your new business will be in Maspeth. Some businesses will do better in Maspeth than others. Make sure you fully understand Maspeth demographics before you lock in on your business idea.
Maspeth, New York Demographic Information
Maspeth has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Maspeth demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Maspeth.
Businesses
As a new Maspeth entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Maspeth 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
Have You Considered Buying an Existing Maspeth Business?
If you have some capital to play with, you may want to Buy a Business in New York. Follow that link and you might discover several good businesses for sale in Maspeth.
For anybody who wants to buy a business, we recommend reading this useful article: Buying a Business.
Don't Skip the Business Plan
A business plan is essential in maximizing the prospects of your new company. Indeed, a business plan describes what you plan to do with the business and how you plan to do it. Failure to write a business plan is a recipe for disaster.
If you want more information on writing business plans, we recommend reading The Art of the Executive Summary. You should also take advantage of free business counselors available to you through your local SCORE chapter in New York.
Where to Get Money to Start a Company
Raising money to fund your new Maspeth business is not an easy task. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.
Take advantage of our many articles on raising capital, such as Getting a Small Business Loan.
For Maspeth entrepreneurs in need of startup financing, you'll want to take a look at our List of New York Angel Investors and our List of New York Venture Capital Firms.
Never Give Up
As an entrepreneur in Maspeth, you won't be working for the boss anymore. You are the boss.
If you choose the right business and love what you do, you will greatly increase your odds of success.
This site is all about helping entrepreneurs in Maspeth and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Maspeth, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Maspeth, New York
Here are more links that we believe will help you be successful in starting a business in Maspeth.
- Resources for Maspeth, New York Entrepreneurs - Browse a variety of resources we've collected to assist Maspeth 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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