Massachusetts Business Startup Guides
Open a Business in Marlborough, Massachusetts
Need help starting a business in Marlborough, Massachusetts? We've got the information you need to open a business in Marlborough.
Is Becoming a Business Owner Right for You?
Running your own business is hard work, much harder than working as an employee. Are you sure you are ready to take on this challenge?
Here are three things we recommend you do before you fully commit to starting a new business of your own.
- Talk to other entrepreneurs in Marlborough. Get their take on what it's really like to be an entrepreneur.
- We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
- Get feedback from somebody whom you trust. That's the best way to get a truly objective assessment as to whether others think you have what it takes.
Marlborough, Massachusetts Demographic Information
Marlborough has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Marlborough demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Marlborough.
As a new Marlborough entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Marlborough 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.
Have You Considered Buying an Existing Marlborough Business?
An excellent way to get started in business is to Buy a Business in Massachusetts. Follow that link and you may find several good businesses for sale in Marlborough.
If you are serious about buying a business, you may want to read this article: Buying a Business.
Selecting a Name For Your Company
A good company name can give a big boost to a new startup. It might seem like an easy thing to do, but there are many things to consider when naming a business.
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.
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Company.
On a final note, given that you are planning on starting a business in Marlborough, it's critical that you ensure that no other Massachusetts company is using the business name you want to use.
Company Formation in Marlborough, Massachusetts
It's essential that your business is formed as a legal entity that is separate from its owners. Among other things, forming a legal entity for the business limits your liabilities.
The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporation 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 Massachusetts, you don't necessarily have to incorporate in Massachusetts. In fact, you are allowed to 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'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 Getting an EIN. You should also consider getting professional assistance from your business lawyer. Finally, if you are starting a business in Marlborough, Massachusetts, our information on Incorporating in Massachusetts may be a useful resource if you decide to incorporate in Massachusetts.
Don't Skip the 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. Failure to write a business plan
If you want more information on writing business plans, we recommend reading Business Plan Contests. You should also take advantage of free business counselors available to you through your local SCORE chapter in Massachusetts.
Interviews With Marlborough Entrepreneurs
Here, we'll keep a running list of interviews we've had with Marlborough entrepreneurs.
As an entrepreneur in Marlborough, you won't be working for the boss anymore. You are the boss.
From this point on, you control your own destiny.
Our goal here is to promote the vitality and growth of small businesses in Marlborough and throughout the United States . We believe entrepreneurship is an amazing engine for job creation in Marlborough, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Marlborough, Massachusetts
Here are more links that we believe will help you be successful in starting a business in Marlborough.
- Resources for Marlborough, Massachusetts Entrepreneurs - Browse a variety of resources we've collected to assist Marlborough 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
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