Pennsylvania Business Startup Guides
Opening a Business in Swarthmore, Pennsylvania
Contemplating starting a business in Swarthmore, Pennsylvania? We walk you through the process of opening a business in Swarthmore.
Swarthmore, Pennsylvania Demographic Information
Swarthmore has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Swarthmore demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Swarthmore.
Businesses
As a new Swarthmore entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Swarthmore 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
What About Franchising Opportunities?
Examine a list of Swarthmore businesses and it becomes clear that purchasing a franchise is a common way to get started as an entrepreneur. Should you be giving franchising serious consideration?
We highly recommend you consider franchising as an option. We have many articles on franchises, such as Franchise Tradeshows. 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.
Sample franchise opportunities include Padgett Business Services and Home Preservation Systems. Alternatively, you can browse franchise categories, such as Fast Food Franchises and Pizza Franchises.
Note on Swarthmore Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Swarthmore.
Forming a Company in Swarthmore, Pennsylvania
It's essential that you form your business as a legal structure. Doing so will insulate you from personal liability for business debts and obligations.
The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporating is a very common way to legally create a business entity. Of course, you have to decide which type of corporation to form and where to incorporate. If you are starting a business in Pennsylvania, you don't necessarily have to incorporate in Pennsylvania. As it turns out, you can incorporate in the state of your choosing. 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. To learn the basics of company formation, browse articles on our site, such as Registered Agents. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Swarthmore, Pennsylvania, our information on Incorporating in Pennsylvania may be a useful resource if you decide to incorporate in Pennsylvania.
Make Sure You Have a Business Plan
Creating a business plan is critical in laying a solid foundation for your business success. Simply put, a business plan describes what you plan to do with the business and how you plan to do it. Starting a business without a business plan
To learn more about business plans, read Business Plan Contests. A great resource for business planning assistance is the face-to-face free consulting available from your local SCORE chapter in Pennsylvania.
Letting the World Know You Exist
To grow your Swarthmore business, you'll need to have a good marketing plan.
We have some great resources on this site for entrepreneurs who are working on marketing plans. National TV Spot Advertising Rates 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
Good entrepreneurs recognize that they need to continually improve.
With your business being located in Swarthmore, Pennsylvania, you will want to take advantage of the many programs available at nearby Pennsylvania universities, colleges and community colleges. It's also wise to see if there are any networking groups or organizations in which Swarthmore entrepreneurs get together to network and trade their business experiences.
Now It's Up To You
Most new Swarthmore businesses underestimate the number of challenges they will face.
From this point on, you control your own destiny.
We are here to help Swarthmore businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Swarthmore, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Swarthmore, Pennsylvania
Here are more links that we believe will help you be successful in starting a business in Swarthmore.
- Resources for Swarthmore, Pennsylvania Entrepreneurs - Browse a variety of resources we've collected to assist Swarthmore 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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