Pennsylvania Business Startup Guides
Starting a Business in Stroudsburg, Pennsylvania
Thinking about starting a business in Stroudsburg, Pennsylvania? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Stroudsburg.
Stroudsburg, Pennsylvania Demographic Information
Stroudsburg has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Stroudsburg demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Stroudsburg.
Businesses
As a new Stroudsburg entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Stroudsburg 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 Buy an Existing Stroudsburg Business?
We've created a helpful website page for those who want to Buy a Business in Pennsylvania. Follow that link and you may find several good businesses for sale in Stroudsburg.
For anybody who wants to buy a business, we recommend reading this useful article: Hold Harmless Agreements When Buying Businesses.
Naming the Business
A big decision when starting a company is choosing a company name. Believe it or not, choosing a good company name can be a big contributor to your business success.
Even if the name doesn't do it by itself, many naming experts believe there should be a story behind the name that ties into your company mission.
For other considerations regarding naming a company, we recommend this article: Naming a Company.
As a final piece of advice, remember that because you are planning on starting a business in Stroudsburg, it's very important that you make sure no other Pennsylvania company is using the business name you want to use.
Forming a Company in Stroudsburg, Pennsylvania
It's very important that you are forming a legal entity that operates independently from you. Without a legal structure for the business, you can be held personally liable for the actions, debts and obligations of your company.
The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporating is a very popular way to form a business. A key decision is whether to form and S-Corp or a C-Corp, and you also must decide in which state you will incorporate. If you are starting a business in Pennsylvania, it doesn't mean you are required to incorporate in Pennsylvania. As it turns out, you are allowed to incorporate wherever you want. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.
There are many nuances to forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Dissolving a Corporation. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Stroudsburg, Pennsylvania, our information on Incorporating in Pennsylvania may be a useful resource if you decide to incorporate in Pennsylvania.
Getting Money to Start a Business
Getting your Stroudsburg business the capital it needs to succeed is a difficult chore. In fact, financing your new business may be the hardest challenge you ever face.
To learn about raising money, we recommend you read the fundraising articles on our site, such as Getting a Small Business Loan.
For Stroudsburg entrepreneurs on the hunt for startup funding, check out our List of Pennsylvania Angel Investors and our List of Pennsylvania Venture Capital Firms.
The Art of Selling
Being able to sell is critical to your business success. Whether you are focused on selling local customers in Stroudsburg or are selling to customers throughout Pennsylvania, the United States or even the world, you have to be able to sell.
Good selling involves demonstrating that your wares meet your customer's needs. The good news is we can help you to make selling a big competitve advantage for your new firm.
Compensating Sales People is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.
Now It's Up To You
You have a dream -- starting a business in Stroudsburg. 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.
This site is all about helping entrepreneurs in Stroudsburg and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Stroudsburg 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 Stroudsburg, Pennsylvania
Here are more links that we believe will help you be successful in starting a business in Stroudsburg.
- Resources for Stroudsburg, Pennsylvania Entrepreneurs - Browse a variety of resources we've collected to assist Stroudsburg entrepreneurs.
- Pennsylvania Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Pennsylvania.
- Pennsylvania Small Business Development Center - Pennsylvania SBDCs help aspiring entrepreneurs turn ideas into businesses, help small firms expand, and provide the information every business person needs to make critical decisions. There is no charge for their assistance and their free help can make the difference between business success and failure.
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