Connecticut Business Startup Guides
Opening a Business in New Milford, Connecticut
Contemplating starting a business in New Milford, Connecticut? We walk you through the process of opening a business in New Milford.
Are You Sure You Want to Do This?
Before quitting your day job, take inventory of your entrepreneurial instincts and capabilities.
While entrepreneurship has become a popular career choice, we recommend you do the following before you take the plunge:
- Talk to other entrepreneurs in New Milford. Ask them candidly what it's like to run a business.
- 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. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.
New Milford, Connecticut Demographic Information
New Milford has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for New Milford demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in New Milford.
Businesses
As a new New Milford entrepreneur, you may also be interested in the table below. It shows how many businesses there are in New Milford 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 New Milford Business?
We've created a helpful website page for those who want to Buy a Business in Connecticut. Follow that link and you may find several good businesses for sale in New Milford.
For anybody who wants to buy a business, we recommend reading this useful article: Hold Harmless Agreements When Buying Businesses.
Selecting a Name For Your Venture
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.
We strongly advocate that you make sure the ".com" domain name is available for your company name. Every business needs a strong Web presence these days, and having a non ".com" domain means somebody else may outrank you in the search results for your own company name.
For other considerations regarding naming a company, we recommend this article: Naming a Business.
There's one other important factor when naming a business. Since you are planning on starting a business in New Milford, it's very important that you make sure no other Connecticut company is using the business name you want to use.
Do You Need a Business Plan?
A business plan is essential in laying a solid foundation for your business success. In effect, 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 writing a business plan is on your to-do list, be sure to read Business Plan Contests. You can also get free business counselors available to you through your local SCORE chapter in Connecticut.
Advancing Your Entrepreneurial Skills
Good business owners know that they need to continually improve.
As an entrepreneur who lives in New Milford, Connecticut, you will want to take advantage of the many programs available at nearby Connecticut universities, colleges and community colleges. It's also beneficial to see if there are any New Milford networking organizations.
Some Interesting New Milford Entrepreneurs
We're compiling a number of interviews with New Milford entrepreneurs. Enjoy!
Next Steps
You have a dream -- starting a business in New Milford. 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 New Milford 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 New Milford, Connecticut
Here are more links that we believe will help you be successful in starting a business in New Milford.
- Resources for New Milford, Connecticut Entrepreneurs - Browse a variety of resources we've collected to assist New Milford 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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