Indiana Business Startup Guides

Opening a Business in Princeton, Indiana

Contemplating starting a business in Princeton, Indiana? We walk you through the process of opening a business in Princeton.

Princeton, Indiana Demographic Information

Princeton has an active business community that includes small businesses, mid-sized businesses and large businesses.

To give you a better feel for Princeton demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Princeton.

Business Size
# of
Businesses
1-4 Employees
7686
5-9 Employees
2940
10-19 Employees
1722
20-49 Employees
1344
50-99 Employees
546
100-249 Employees
336
250-499 Employees
252
500-999 Employees
42
1000+ Employees
42
All Princeton Businesses
14910

As a new Princeton entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Princeton 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.

Business Type
# of
Businesses
Audio and Video Equipment Manufacturing
1
Automotive Glass Replacement Shops
1
Automotive Parts and Accessories Stores
4
Beauty Salons
3
Beer, Wine, and Liquor Stores
2
Book Stores
1
Bowling Centers
2
Business Associations
2
Cable and Other Program Distribution
1
Cafeterias
1
Car Washes
1
Carpet and Upholstery Cleaning Services
1
Child Day Care Services
2
Children's and Infants' Clothing Stores
1
Civic and Social Organizations
5
Claims Adjusting
1
Computer Facilities Management Services
1
Computer Systems Design Services
1
Computer Training
1
Credit Unions
1
Dental Laboratories
1
Direct Life Insurance Carriers
1
Discount Department Stores
2
Drinking Places (Alcoholic Beverages)
2
Electric Power Distribution
3
Electrical Contractors
2
Emergency and Other Relief Services
1
Engineering Services
3
Facilities Support Services
1
Family Clothing Stores
2
Farm Management Services
1
Fitness and Recreational Sports Centers
2
Floor Covering Stores
1
Food (Health) Supplement Stores
1
Food Service Contractors
2
Freight Transportation Arrangement
1
Full-Service Restaurants
9
Funeral Homes and Funeral Services
1
Furniture Stores
2
General Automotive Repair
3
General Rental Centers
4
Gift, Novelty, and Souvenir Stores
2
Golf Courses and Country Clubs
1
Grantmaking Foundations
1
Hardware Merchant Wholesalers
1
Hardware Stores
1
Home Centers
1
Household Appliance Stores
1
Industrial Launderers
1
Industrial Mold Manufacturing
1
Insurance Agencies and Brokerages
6
Investment Advice
1
Iron and Steel Mills
1
Janitorial Services
3
Landscaping Services
1
Language Schools
1
Limited-Service Restaurants
16
Machine Shops
4
Men's Clothing Stores
1
Motor and Generator Manufacturing
3
Motorcycle Dealers
1
New Car Dealers
2
Newspaper Publishers
1
Nursing Care Facilities
1
Offices of Certified Public Accountants
3
Offices of Chiropractors
3
Offices of Dentists
7
Offices of Lawyers
11
Offices of Podiatrists
2
Offices of Real Estate Appraisers
2
Optical Goods Stores
1
Outdoor Power Equipment Stores
1
Packaging and Labeling Services
1
Painting and Wall Covering Contractors
1
Pharmacies and Drug Stores
1
Radio Stations
1
Ready-Mix Concrete Manufacturing
1
Residential Remodelers
2
Securities Brokerage
3
Shoe Stores
3
Site Preparation Contractors
3
Snack and Nonalcoholic Beverage Bars
3
Sporting Goods Stores
1
Sports and Recreation Instruction
1
Tax Preparation Services
1
Temporary Help Services
2
Tire and Tube Merchant Wholesalers
1
Tire Dealers
2
Tire Retreading
1
Used Car Dealers
1
Used Household and Office Goods Moving
1
Used Merchandise Stores
2
Veterinary Services
1
Video Tape and Disc Rental
1
Vocational Rehabilitation Services
1
Wired Telecommunications Carriers
1

Have You Considered Buying an Existing Princeton Business?

If you have some capital to play with, you may want to Buy a Business in Indiana. Follow that link and you may find several good businesses for sale in Princeton.

For anybody who wants to buy a business, we recommend reading this useful article: Hold Harmless Agreements When Buying Businesses.

Where to Get Money to Start a Company

Getting your Princeton business the capital it needs to succeed is a difficult chore. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.

To learn about raising money, we recommend you read the fundraising articles on our site, such as 504 Loans.

For Princeton entrepreneurs in need of startup financing, check out our List of Indiana Angel Investors and our List of Indiana Venture Capital Firms.

Marketing Your New Venture

To grow your Princeton business, you need a great marketing plan.

There are myriad resources on this site to help you with your marketing plan. Typical Direct Mail Response Rates is an article that will generate a few thoughts on your marketing plan. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.

Building Up Your Sales

Do you know how to sell? In order to attract customers to your new Princeton business, you need to focus on sales.

Why should customers buy from you instead of buying from competitors? The good news is we can help you to make selling a big competitve advantage for your new firm.

Sales Forecasting is worth reading, as it may give you some good ideas on how to sell your products or services. We have many more good articles on selling that you may enjoy reading.

Advancing Your Entrepreneurial Skills

The best business owners recognize that they need to continually improve.

Given that you are starting a business in Princeton, Indiana, you will want to take advantage of the learning programs at local Indiana educational institutions. It's also worthwhile to see if there are any networking organizations for Princeton entrepreneurs.

Next Steps

As an entrepreneur in Princeton, you won't be working for the boss anymore. You are the boss.

Owning your own business will be a daunting task, but you can do it.

We are here to help Princeton businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Princeton, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Princeton, Indiana

Here are more links that we believe will help you be successful in starting a business in Princeton.

More Startup Articles for Indiana Cities

Starting a Business in Portland
Starting a Business in Rensselaer

Browse All Business Startup Guides for Indiana
Starting a Business Guides for Other States

 

 

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