Thinking about starting a business in Windham, Maine? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Windham.
Is Becoming an Entrepreneur Right for You?
Before quitting your day job, consider your entrepreneurial instincts and capabilities.
Here are three things we recommend you do before you fully commit to starting a new business of your own.
- Reach out to other entrepreneurs in Windham. Get their take on what it's really like to be an entrepreneur.
- Peruse Characteristics of Successful Entrepreneurs. This is one of our more popular articles for folks who want to go into business for themselves.
- Seek the advice of somebody who knows you well. That's the best way to get a truly objective assessment as to whether others think you have what it takes.
What Type of Business Should You Start?
An important decision is what kind of business you want to start. We recommend that you read Business Ideas That Don't Make Sense.
For in-depth how-to guides on how to start specific businesses, browse our Good Businesses to Start section of our site. For example, you might be interested in our Starting a Dance Club guide or our Starting a Tatoo Parlor guide.
Don't forget that your new startup will be located in Windham. Some businesses will do better in Windham than others. Only by spending some time analyzing Windham demographics can you decide if there will be strong demand for your business idea.
Windham, Maine Demographic Information
Windham has an active business community that includes small businesses,
mid-sized businesses and large businesses.
To give you a better feel for Windham demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Windham.
| Business Size | # of Businesses |
| 1-4 Employees |
1770 |
| 5-9 Employees |
594 |
| 10-19 Employees |
456 |
| 20-49 Employees |
222 |
| 50-99 Employees |
42 |
| 100-249 Employees |
24 |
| 250-499 Employees |
6 |
| 500-999 Employees |
0 |
| 1000+ Employees |
0 |
| All Windham Businesses |
3114 |
As a new Windham entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Windham 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.
| Business Type |
# of Businesses |
| Aluminum Extruded Product Manufacturing |
1 |
| Appliance Repair and Maintenance |
1 |
| Architectural Services |
1 |
| Automobile Driving Schools |
2 |
| Automotive Exhaust System Repair |
1 |
| Automotive Parts and Accessories Stores |
3 |
| Baked Goods Stores |
1 |
| Beauty Salons |
10 |
| Beer, Wine, and Liquor Stores |
2 |
| Boat Dealers |
2 |
| Bottled Water Manufacturing |
1 |
| Business Associations |
2 |
| Cable and Other Program Distribution |
1 |
| Carpet and Upholstery Cleaning Services |
2 |
| Child and Youth Services |
1 |
| Child Day Care Services |
12 |
| Civic and Social Organizations |
1 |
| Coin-Operated Laundries and Drycleaners |
3 |
| Commercial Lithographic Printing |
1 |
| Confectionery and Nut Stores |
1 |
| Construction Sand and Gravel Mining |
1 |
| Convenience Stores |
3 |
| Convention and Trade Show Organizers |
1 |
| Credit Bureaus |
1 |
| Credit Unions |
1 |
| Custom Computer Programming Services |
3 |
| Dental Laboratories |
1 |
| Direct Life Insurance Carriers |
1 |
| Drinking Places (Alcoholic Beverages) |
1 |
| Drywall and Insulation Contractors |
3 |
| Electrical Contractors |
10 |
| Elementary and Secondary Schools |
1 |
| Engineering Services |
2 |
| Exterminating and Pest Control Services |
1 |
| Family Clothing Stores |
3 |
| Fine Arts Schools |
1 |
| Finfish Fishing |
1 |
| Finish Carpentry Contractors |
4 |
| Fish and Seafood Markets |
1 |
| Fitness and Recreational Sports Centers |
3 |
| Floor Covering Stores |
2 |
| Flooring Contractors |
1 |
| Florists |
1 |
| Fluid Milk Manufacturing |
1 |
| Food (Health) Supplement Stores |
1 |
| Freight Transportation Arrangement |
1 |
| Full-Service Restaurants |
17 |
| Funeral Homes and Funeral Services |
1 |
| General Automotive Repair |
7 |
| General Freight Trucking, Local |
2 |
| General Rental Centers |
2 |
| Gift, Novelty, and Souvenir Stores |
1 |
| Hardware Stores |
1 |
| Heating Oil Dealers |
3 |
| Homes for the Elderly |
2 |
| Household Appliance Stores |
1 |
| Industrial Design Services |
1 |
| Insurance Agencies and Brokerages |
7 |
| Interior Design Services |
1 |
| Investigation Services |
1 |
| Janitorial Services |
6 |
| Jewelry Stores |
1 |
| Land Subdivision |
1 |
| Landscape Architectural Services |
1 |
| Landscaping Services |
7 |
| Limited-Service Restaurants |
12 |
| Locksmiths |
2 |
| Logging |
2 |
| Machine Shops |
3 |
| Masonry Contractors |
1 |
| Materials Recovery Facilities |
1 |
| Meat Markets |
2 |
| Media Representatives |
1 |
| Motorcycle Dealers |
1 |
| New Car Dealers |
2 |
| New Housing Operative Builders |
4 |
| News Dealers and Newsstands |
1 |
| Newspaper Publishers |
1 |
| Nursing Care Facilities |
1 |
| Office Administrative Services |
1 |
| Office Supplies and Stationery Stores |
1 |
| Offices of Certified Public Accountants |
5 |
| Offices of Chiropractors |
2 |
| Offices of Dentists |
5 |
| Offices of Lawyers |
6 |
| Offices of Optometrists |
2 |
| Offices of Podiatrists |
1 |
| Offices of Real Estate Appraisers |
5 |
| Outdoor Power Equipment Stores |
1 |
| Paint and Wallpaper Stores |
2 |
| Painting and Wall Covering Contractors |
3 |
| Pet and Pet Supplies Stores |
4 |
| Pet Care (except Veterinary) Services |
4 |
| Pharmacies and Drug Stores |
1 |
| Photography Studios, Portrait |
1 |
| Precision Turned Product Manufacturing |
1 |
| Private Mail Centers |
1 |
| Real Estate Credit |
1 |
| Recreational Vehicle Dealers |
2 |
| Remediation Services |
2 |
| Residential Property Managers |
2 |
| Residential Remodelers |
7 |
| Roofing Contractors |
1 |
| Savings Institutions |
3 |
| Scheduled Freight Air Transportation |
1 |
| Securities Brokerage |
3 |
| Security Guards and Patrol Services |
2 |
| Septic Tank and Related Services |
3 |
| Shoe Stores |
2 |
| Site Preparation Contractors |
9 |
| Snack and Nonalcoholic Beverage Bars |
6 |
| Sporting Goods Stores |
2 |
| Sports and Recreation Instruction |
1 |
| Support Activities for Forestry |
1 |
| Tax Preparation Services |
2 |
| Telecommunications Resellers |
1 |
| Telemarketing Bureaus |
2 |
| Temporary Help Services |
2 |
| Testing Laboratories |
2 |
| Theater Companies and Dinner Theaters |
1 |
| Tire Dealers |
1 |
| Tobacco Stores |
1 |
| Tradebinding and Related Work |
1 |
| Travel Agencies |
2 |
| Used Car Dealers |
4 |
| Used Merchandise Stores |
1 |
| Veterinary Services |
2 |
| Video Tape and Disc Rental |
1 |
| Warehouse Clubs and Supercenters |
1 |
| Wholesale Trade Agents and Brokers |
3 |
| Wired Telecommunications Carriers |
3 |
| Women's Clothing Stores |
1 |
What About Franchising Opportunities?
Visit the business district of Windham and you'll notice that many local entrepreneurs have gone the franchising route. Is franchising maybe a better way for you to start your business?
Our advice is to look into purchasing a franchise. We have many articles on franchises, such as Franchising My Business. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise 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 Windham Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Windham.
Have You Considered Buying an Existing Windham Business?
If you have some capital to play with, you may want to Buy a Business in Maine. Follow that link and you may find several good businesses for sale in Windham.
For anybody who wants to buy a business, we recommend reading this useful article: Buying a Business.
Choosing a Company Name
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.
Company names should be fun to say, and they should help people to understand what you do and how you differentiate yourself in the market.
Numerous company naming issues are discussed in more detail in this article: Naming a Business.
As a final piece of advice, remember that because you are planning on starting a business in Windham, it's very important that you make sure no other Maine company is using the business name you want to use.
Company Formation in Windham, Maine
A critical step is ensuring that you choose the right legal structure for your new entity. 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. Just because you are starting a business in Maine, you don't necessarily have to incorporate in Maine. In fact, 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's a lot to know about forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Registered Agents. You may also want to seek the advice of an lawyer. Finally, if you are starting a business in Windham, Maine, our information on Incorporating in Maine may be a useful resource if you decide to incorporate in Maine.
Make Sure You Have a Business Plan
Having a business plan is vital to the health of your new business. In effect, a business plan is a written description of the future you envision for your business. Failure to write a business plan makes you more prone to becoming a business failure statistic.
Before you start writing a business plan, we suggest you skim Business Presentations. You can also get free business counselors available to you through your local SCORE chapter in Maine.
Raising Capital for Your Venture
Getting your Windham business the capital it needs to succeed requires strong organization skills and perseverance. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.
Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled Borrowing Money from Friends and Family.
For Windham entrepreneurs in need of startup financing, check out our List of Maine Angel Investors and our List of Maine Venture Capital Firms.
Marketing Your New Venture
Whether your goal is to attract Windham customers or you plan on selling elsewhere, you need a solid marketing plan.
There are myriad resources on this site to help you with your marketing plan. Customer Loyalty is a good read to get your marketing juices flowing. That's just a sampling of the many useful articles we have on Marketing a Small Business.
Building Up Your Sales
Being able to sell is critical to your business success. Whether you are focused on selling local customers in Windham or are selling to customers throughout Maine, the United States or even the world, you have to be able to sell.
Clever sales techniques can transform any business from good to great. The good news is we can help you to make selling a big competitve advantage for your new firm.
Sales Prospecting 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 what they know now may not be enough to ensure their future success.
As an entrepreneur who lives in Windham, Maine, you will want to take advantage of the many programs available at nearby Maine universities, colleges and community colleges. It's also wise to see if there are any Windham networking organizations.
Moving Forward
You have a dream -- starting a business in Windham. To achieve your dream, you have to persevere, even when the odds are against you.
If you choose the right business and love what you do, you will greatly increase your odds of success.
This site is all about helping entrepreneurs in Windham and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Windham, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Windham, Maine
Here are more links that we believe will help you be successful in starting a business in Windham.
- Resources for Windham, Maine Entrepreneurs - Browse a variety of resources we've collected to assist Windham entrepreneurs.
- Maine Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Maine.
- Maine Small Business Development Center - Maine Small Business Development Centers and its technology-focused group, the Maine Small Business & Technology Development Centers, provide comprehensive business management assistance, training, resource and information services to Maine's entrepreneurs and small business owners.
- Windham, Maine Newspaper Ad Rates - This is a nearly comprehensive list of advertising rates for Windham, Maine newspapers, including ad costs for newspapers serving the Windham area.
More Business Startup Guides for Maine
Starting a Business in Westbrook
Starting a Business in Wiscasset
Browse All
Business Startup Guides for Maine