Massachusetts Business Startup Guides
Start a Business in Mansfield, Massachusetts
Are you starting a business in Mansfield, Massachusetts? This article discusses the most important things to consider when opening a business in Mansfield.
Mansfield, Massachusetts Demographic Information
Mansfield has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Mansfield demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Mansfield.
As a new Mansfield entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Mansfield 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.
Should You Franchise?
As you drive around Mansfield, you may be surprised to see how many franchises there are in the area. Is there a franchise opportunity out there that makes sense for you?
We highly recommend you consider franchising as an option. To help you learn more about franchising, we've gathered a ton of articles on franchising, including How to Franchise. Get a thorough education on franchising by browsing all of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Sample franchise opportunities include Subway Franchises and Starbucks Franchises. Alternatively, you can browse franchise categories, such as Accounting Franchises and Moving Franchises.
Note on Mansfield Franchise Opportunities: To find out if a franchise you are interested in is available in Mansfield, you will need to get in direct contact with the franchisor.
Naming the Company
Making the right decision when choosing a company name is very important. There are many decisions you'll make now that you can change later, but changing a company name years down the road is not very easy. So, choose a good company name at the outset.
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.
Numerous company naming issues are discussed in more detail in this article: Branding Advice.
As a final piece of advice, remember that because you are starting a business in Mansfield, it's imperative that you check now that no other Massachusetts company is using the business name you want to use.
Don't Forget to Create a Business Plan
A business plan is vital in maximizing the prospects of your new company. Simply put, a business plan describes what you plan to do with the business and how you plan to do it. Not having a business plan is a recipe for disaster.
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 Massachusetts.
Getting Money to Start a Business
Getting your Mansfield 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.
Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled 504 Loans.
For Mansfield entrepreneurs who need startup capital, check out our List of Massachusetts Angel Investors and our List of Massachusetts Venture Capital Firms.
How to Improve Your Entrepreneurial Abilities
Good entrepreneurs recognize that they don't know everything.
With your business being located in Mansfield, Massachusetts, you will want to take advantage of the many programs available at nearby Massachusetts universities, colleges and community colleges. It's also worthwhile to see if there are any networking groups or organizations in which Mansfield entrepreneurs get together to network and trade their business experiences.
Most new Mansfield businesses underestimate the number of challenges they will face.
From this point on, you control your own destiny.
Our goal here is to promote the vitality and growth of small businesses in Mansfield and throughout the United States . We believe entrepreneurship is an amazing engine for job creation in Mansfield, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Mansfield, Massachusetts
Here are more links that we believe will help you be successful in starting a business in Mansfield.
- Resources for Mansfield, Massachusetts Entrepreneurs - Browse a variety of resources we've collected to assist Mansfield 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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