New York Business Startup Guides
Starting a Business in Rome, New York
Thinking about starting a business in Rome, New York? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Rome.
Rome, New York Demographic Information
Rome has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Rome demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Rome.
Businesses
As a new Rome entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Rome 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
Is Franchising a Better Option?
As you drive around Rome, you may be surprised to see how many franchises there are in the area. Evidently, there must be some significant advantages to purchasing a franchise.
Most business experts recommend that you consider franchising as an option. We have many articles on franchises, such as How to Franchise. Become a franchising expert of sorts by reading more of our Articles on Franchising.
You can review hundreds of franchise opportunities by browing our Franchise Directory.
Sample franchise opportunities include Checkcare Systems Inc. and Ground Round. Alternatively, you can browse franchise categories, such as Gift Items Franchises and Home Furnishings Franchises.
Note on Rome Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Rome.
What About Buying an Existing Rome Business?
We've created a handy website page for those who want to Buy a Business in New York. Follow that link and you can assess several good businesses for sale in Rome.
Before buying a business, be sure to read this article: How to Buy a Business.
Forming a Company in Rome, New York
It's very important that your business is formed as a legal entity that is separate from its owners. Doing so will shield you from personal liability for business debts and obligations.
The entity you form can be a corporation, LLC, sole proprietorship, partnership or other structure.
Incorporation is a very popular way to form a business. Of course, you have to decide which type of corporation to form and where to incorporate. If you are starting a business in New York, you don't necessarily have to incorporate in New York. As it turns out, you can incorporate wherever you want. For example, it's very popular to incorporate in Delaware, and incorporating in Nevada has become very trendy as well. Don't forget, though, that you will have to register as a foreign entity in all states that you do business in.
There are many nuances to forming a company. To learn the fundamentals of company formation, browse articles on our site, such as C Corp Versus S Corp. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Rome, New York, our information on Incorporating in New York may be a useful resource if you decide to incorporate in New York.
Startup Financing Basics
Getting your Rome business the capital it needs to succeed will be harder than you might expect. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.
Take advantage of our many articles on raising money, such as Angel Investors.
For Rome entrepreneurs in need of startup financing, browse our List of New York Angel Investors and our List of New York Venture Capital Firms.
How to Sell
Mastering the art of selling is a must if you want your new Rome business to do well.
So what does it take to bring in more prospects and close more business? Let us help you refine your selling techniques through our many useful sales advice tips.
Selling on the Phone 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.
Never Give Up
Most new Rome businesses underestimate the number of challenges they will face.
Owning your own business will be a daunting task, but you can do it.
This site is all about helping entrepreneurs in Rome and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Rome entrepreneur who is just getting started or you are already up and running with your new venture.
More Entrepreneurial Resources for Starting a Business in Rome, New York
Here are more links that we believe will help you be successful in starting a business in Rome.
- Resources for Rome, New York Entrepreneurs - Browse a variety of resources we've collected to assist Rome 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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