Connecticut Business Startup Guides
Start a Business in Putnam, Connecticut
Are you starting a business in Putnam, Connecticut? This article discusses the most important things to consider when opening a business in Putnam.
Are You Sure You Want to Do This?
Most new ventures do not succeed, in part because the entrepreneur did not have the perseverance and abilities that are necessary to succeed. So, before jumping into the world of entrepreneurship, consider all of the implications of being an entrepreneur.
Here are three things we recommend you do before you fully commit to starting a new business of your own.
- Talk to other entrepreneurs in Putnam. Ask them candidly what it's like to run a business.
- We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
- Get feedback from somebody whom you trust. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.
Putnam, Connecticut Demographic Information
Putnam has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Putnam demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Putnam.
Businesses
As a new Putnam entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Putnam 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 Putnam, you may be surprised to see how many franchises there are in the area. But is franchising the right option for you?
Our recommendation is that you investigate buying a franchise. We have many articles on franchises, such as Credit and Franchise Purchasing. Become a franchising expert of sorts by reading more of our Articles on Franchising.
You can find franchise opportunities by browsing our Franchise Opportunities Directory.
Representative franchise opportunities include Subway Franchises and Starbucks Franchises. Alternatively, you can browse franchise categories, such as Accounting Franchises and Moving Franchises.
Note on Putnam Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Putnam.
Should You Buy an Existing Putnam Business?
An excellent way to get started in business is to Buy a Business in Connecticut. Follow that link and you may find several good businesses for sale in Putnam.
Before buying a business, be sure to read this article: How to Buy a Business.
Marketing Your New Venture
To rise above the crowd in Putnam and build your business, you need a excellent marketing plan.
There are myriad resources on this site to help you with your marketing plan. Marketing Research discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. That's just a sampling of the many useful articles we have on Marketing a Small Business.
How to Improve Your Entrepreneurial Abilities
Successful entrepreneurs recognize that they need to continually improve.
Given that you are starting a business in Putnam, Connecticut, you should check out some of the many programs available at nearby Connecticut universities, colleges and community colleges. You should also check if there are any networking groups or organizations in which Putnam entrepreneurs get together to network and trade their business experiences.
Next Steps
Most new Putnam businesses underestimate the number of challenges they will face.
If you choose the right business and love what you do, you will greatly increase your odds of success.
We are here to help Putnam businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Putnam, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Putnam, Connecticut
Here are more links that we believe will help you be successful in starting a business in Putnam.
- Resources for Putnam, Connecticut Entrepreneurs - Browse a variety of resources we've collected to assist Putnam 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.
More Startup Articles for Connecticut Cities
Starting a Business in Prospect
Starting a Business in Ridgefield
Browse All Business Startup Guides for Connecticut
Starting a Business Guides for Other States
Share this article
Additional Resources for Entrepreneurs