Massachusetts Business Startup Guides
Starting a Business in Franklin, Massachusetts
Thinking about starting a business in Franklin, Massachusetts? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Franklin.
Franklin, Massachusetts Demographic Information
Franklin has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Franklin demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Franklin.
Businesses
As a new Franklin entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Franklin 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
Have You Considered Franchising?
As you drive around Franklin, you'll see that franchises make up a large percentage of local businesses. But is franchising the right option for you?
Most business experts recommend that you consider franchising as an option. We have many articles on franchises, such as Franchise Versus Business Opportunity. Become a franchising expert of sorts by reading more of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Representative franchise opportunities include CosmiKids and Famous Famiglia. Alternatively, you can browse franchise categories, such as Child Care Franchises and Cleaning and Maintenance Franchises.
Note on Franklin Franchise Opportunities: To find out if a franchise you are interested in is available in Franklin, you will need to get in direct contact with the franchisor.
Have You Considered Buying an Existing Franklin Business?
If you have some capital to play with, you may want to Buy a Business in Massachusetts. Follow that link and you may find several good businesses for sale in Franklin.
Before buying a business, be sure to read this article: Buying a Business.
Don't Forget to Create a Business Plan
A business plan is essential to the health of your new business. Simply put, your business plan is your game plan for how you hope to grow your business. Not having a business plan is a recipe for disaster.
To learn more about business plans, read Find Sample Business Plans Online. You should also take advantage of free business counselors available to you through your local SCORE chapter in Massachusetts.
Bring in Revenues
Do you know how to sell? In order to attract customers to your new Franklin business, you need to focus on sales.
So what does it take to bring in more prospects and close more business? The good news is we can help you to make selling a big competitve advantage for your new firm.
Selling Products on eBay is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.
Improving Your Entrepreneurial Skillset
Good entrepreneurs know that they need to continually improve.
Given that you are starting a business in Franklin, Massachusetts, you will want to take advantage of the many programs available at nearby Massachusetts universities, colleges and community colleges. We also recommend you look into networking groups or organizations in which Franklin entrepreneurs get together to network and trade their business experiences.
What's Next?
As an entrepreneur in Franklin, 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.
This site is all about helping entrepreneurs in Franklin and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Franklin 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 Franklin, Massachusetts
Here are more links that we believe will help you be successful in starting a business in Franklin.
- Resources for Franklin, Massachusetts Entrepreneurs - Browse a variety of resources we've collected to assist Franklin entrepreneurs.
- Massachusetts Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Massachusetts.
- Massachusetts Small Business Development Center - The Massachusetts Small Business Development Center (MSBDC) Network provides one-to-one free comprehensive and confidential services focusing on, business growth and strategies, financing and loan assistance as well as strategic, marketing and operational analysis.
Starting-a-Business Guides for Other Cities in Massachusetts
Starting a Business in Framingham
Starting a Business in Gardner
Browse All Business Startup Guides for Massachusetts
Starting a Business Guides for Other States
Share this article
Additional Resources for Entrepreneurs