Connecticut Business Startup Guides
Start a Business in Mystic, Connecticut
Are you starting a business in Mystic, Connecticut? This article discusses the most important things to consider when opening a business in Mystic.
Do You Have What It Takes?
Before quitting your day job, take inventory of your entrepreneurial instincts and capabilities.
With so much at stake when you start a business, we strongly recommend you do the following before you proceed:
- Reach out to other entrepreneurs in Mystic. Get their candid feedback on what it takes to start a successful business.
- Peruse Why Small Businesses Fail. This is one of our more popular articles for folks who want to go into business for themselves.
- Get feedback from somebody whom you trust. A support network of family and friends can be a great sounding board for good advice before you decide for sure to go into business.
Mystic, Connecticut Demographic Information
Mystic has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Mystic demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Mystic.
Businesses
As a new Mystic entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Mystic 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 Mystic Business?
An excellent way to get started in business is to Buy a Business in Connecticut. Follow that link and you might discover several good businesses for sale in Mystic.
If you are serious about buying a business, you may want to read this article: How to Buy a Business.
Naming the Company
Making the right decision when choosing a company name is very important. There are many decisions you'll make now that you can change later, but changing a company name years down the road is not very easy. So, choose a good company name at the outset.
Company names need to be easy to spell, easy to pronounce, and easy to remember.
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Business.
There's one other important factor when naming a business. Since you are opening a business in Mystic, it's very important that you make sure no other Connecticut company is using the business name you want to use.
Where to Get Money to Start a Company
Getting your Mystic business the capital it needs to succeed 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.
To learn about raising money, we recommend you read the fundraising articles on our site, such as Bank Credit Lines.
For Mystic entrepreneurs on the hunt for startup funding, check out our List of Connecticut Angel Investors and our List of Connecticut Venture Capital Firms.
Marketing Your New Business
Whether your goal is to attract Mystic customers or you plan on selling elsewhere, you'll need to have a good marketing plan.
We have some helpful resources on this site for entrepreneurs who are working on marketing plans. Phone Book Advertising Costs is a good read to get your marketing creativity flowing. That's just one of the many useful articles we have on Marketing a Small Business.
Now It's Up To You
You have a dream -- starting a business in Mystic. 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 Mystic 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 Mystic, Connecticut
Here are more links that we believe will help you be successful in starting a business in Mystic.
- Resources for Mystic, Connecticut Entrepreneurs - Browse a variety of resources we've collected to assist Mystic entrepreneurs.
- Connecticut Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Connecticut.
- Connecticut Small Business Development Center - Central Connecticut State University's Institute of Technology and Business Development (ITBD) supports Connecticut businesses and business-related organizations with training, technology assistance, conferencing services, procurement services and business incubation.
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