Massachusetts Business Startup Guides
Opening a Business in North Andover, Massachusetts
Contemplating starting a business in North Andover, Massachusetts? We walk you through the process of opening a business in North Andover.
What Business to Start
An important decision is what kind of business you want to start. To help you decide on a business type, we encourage you to read Free Business Ideas.
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 starting a business in North Andover has some implications. Some businesses will do better in North Andover than others. Only by spending some time analyzing North Andover demographics can you decide if there will be strong demand for your business idea.
North Andover, Massachusetts Demographic Information
North Andover has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for North Andover demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in North Andover.
Businesses
As a new North Andover entrepreneur, you may also be interested in the table below. It shows how many businesses there are in North Andover 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
Don't Skip the Business Plan
A business plan is vital in laying a solid foundation for your business success. Indeed, 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. You can also get free counseling sessions provided by your local SCORE chapter in Massachusetts.
Raising Money for Your New Venture
Getting your North Andover business the capital it needs to succeed is very difficult due to the ongoing business credit crunch. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.
The good news is this site contains dozens of articles on raising money, including one we recommend entitled 504 Loans.
For North Andover entrepreneurs who want to raise money for a new venture, check out our List of Massachusetts Angel Investors and our List of Massachusetts Venture Capital Firms.
Marketing Your New Business
To grow your North Andover business, you'll need to have a good marketing plan.
You can learn plenty about marketing on our site. Conducting Sweepstakes and Contests is a good read to get your marketing ideas 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 North Andover or are selling to customers throughout Massachusetts, the United States or even the world, you have to be able to sell.
Not knowing how to sell can result in lost customers and minimal market share. Fortunately, we've got plenty of good advice to help you improve your selling skills.
Good Sales Strategies is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.
Now It's Up To You
You have a dream -- starting a business in North Andover. 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.
We are here to help North Andover businesses to be successful. We want to be there for you to answer your business questions, whether you are a new North Andover 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 North Andover, Massachusetts
Here are more links that we believe will help you be successful in starting a business in North Andover.
- Resources for North Andover, Massachusetts Entrepreneurs - Browse a variety of resources we've collected to assist North Andover 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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