Massachusetts Business Startup Guides
Start a Business in Huntington, Massachusetts
Are you starting a business in Huntington, Massachusetts? This article discusses the most important things to consider when opening a business in Huntington.
Huntington, Massachusetts Demographic Information
Huntington has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Huntington demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Huntington.
Businesses
As a new Huntington entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Huntington 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
Forming a Company in Huntington, Massachusetts
It's essential 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.
When forming a company, you will decide among many company types, such as 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 Massachusetts, you don't necessarily have to incorporate in Massachusetts. In fact, you can incorporate in any state you would like to. 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. On a final note, since you will be starting a business in Huntington, Massachusetts, our web page covering Incorporating in Massachusetts may be a useful resource if you decide to incorporate in Massachusetts.
Do You Need a Business Plan?
A business plan is vital to the health of your new business. Simply put, your business plan is your game plan for how you hope to grow your business. Starting a business without a business plan is a recipe for disaster.
Before you start writing a business plan, we suggest you skim Expert Advice on Business Plans. You can also get free counseling sessions provided by your local SCORE chapter in Massachusetts.
Raising Money for Your New Venture
Raising money to fund your new Huntington business requires strong organization skills and perseverance. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.
Take advantage of our many articles on raising money, such as Angel Investors.
For Huntington entrepreneurs on the hunt for startup funding, check out our List of Massachusetts Angel Investors and our List of Massachusetts Venture Capital Firms.
Promoting Your New Company
Whether your goal is to attract Huntington customers or you plan on selling elsewhere, having an excellent marketing plan is fundamental to your business achieving its goals.
We have some helpful resources on this site for entrepreneurs who are working on marketing plans. Responsible Marketing is a good read to get your marketing juices flowing. That's just one of the many useful articles we have on Marketing a Small Business.
The Art of Selling
Being able to sell is essential to your business success. Whether you are focused on selling local customers in Huntington or are selling to customers throughout Massachusetts, the United States or even the world, you have to be able to sell.
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.
Compensating Sales People 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.
Now It's Up To You
You have a dream -- starting a business in Huntington. To achieve your dream, you have to persevere, even when the odds are against you.
From this point on, you control your own destiny.
This site is all about helping entrepreneurs in Huntington and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Huntington, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Huntington, Massachusetts
Here are more links that we believe will help you be successful in starting a business in Huntington.
- Resources for Huntington, Massachusetts Entrepreneurs - Browse a variety of resources we've collected to assist Huntington 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.
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