Massachusetts Business Startup Guides

Open a Business in North Reading, Massachusetts

Need help starting a business in North Reading, Massachusetts? We've got the information you need to open a business in North Reading.

Are You Sure You Want to Do This?

Most new businesses fail, in part because the business owner did not have the entrepreneurial skills and traits needed to succeed. So, before jumping into the world of entrepreneurship, consider all of the implications of being an entrepreneur.

Because entrepreneurship is not for everyone, we recommend you do the following to help you assess whether you should move forward with starting a business:

  • Talk to other entrepreneurs in North Reading. Ask them candidly what it's like to run a business.
  • We recommend reading Characteristics of Successful Entrepreneurs. For aspiring new entrepreneurs, it's a must read article.
  • Seek the advice of somebody who knows you well. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.

North Reading, Massachusetts Demographic Information

North Reading has an active business community that includes small businesses, mid-sized businesses and large businesses.

To give you a better feel for North Reading demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in North Reading.

Business Size
# of
Businesses
1-4 Employees
887
5-9 Employees
249
10-19 Employees
213
20-49 Employees
102
50-99 Employees
24
100-249 Employees
36
250-499 Employees
0
500-999 Employees
3
1000+ Employees
0
All North Reading Businesses
1514

As a new North Reading entrepreneur, you may also be interested in the table below. It shows how many businesses there are in North Reading 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
Architectural Services
1
Art Dealers
1
Automotive Exhaust System Repair
2
Automotive Glass Replacement Shops
1
Automotive Parts and Accessories Stores
3
Barber Shops
1
Beauty Salons
9
Beer, Wine, and Liquor Stores
2
Book Stores
1
Bowling Centers
1
Broadwoven Fabric Finishing Mills
1
Cable and Other Program Distribution
2
Car Washes
2
Carpet and Upholstery Cleaning Services
1
Child and Youth Services
1
Child Day Care Services
4
Computer Systems Design Services
1
Consumer Lending
2
Convenience Stores
5
Court Reporting and Stenotype Services
1
Credit Unions
2
Dental Laboratories
1
Diagnostic Imaging Centers
2
Diet and Weight Reducing Centers
1
Direct Mail Advertising
2
Discount Department Stores
1
Drywall and Insulation Contractors
2
Electrical Contractors
10
Engineering Services
6
Fine Arts Schools
3
Finish Carpentry Contractors
4
Fitness and Recreational Sports Centers
2
Flooring Contractors
1
Florists
1
Food Service Contractors
4
Freight Transportation Arrangement
1
Full-Service Restaurants
12
Funeral Homes and Funeral Services
1
Furniture Merchant Wholesalers
2
General Automotive Repair
4
General Freight Trucking, Local
1
Gift, Novelty, and Souvenir Stores
3
Graphic Design Services
6
Hardware Merchant Wholesalers
1
Hardware Stores
2
Heating Oil Dealers
1
Home Centers
1
Insurance Agencies and Brokerages
5
Interior Design Services
1
Investment Advice
3
Janitorial Services
5
Land Subdivision
1
Landscaping Services
9
Limited-Service Restaurants
10
Local Messengers and Local Delivery
1
Machine Shops
1
Marketing Consulting Services
2
Masonry Contractors
3
Materials Recovery Facilities
1
Mobile Food Services
1
Motor and Generator Manufacturing
1
Motorcycle Dealers
1
Musical Instrument and Supplies Stores
1
New Housing Operative Builders
1
Newspaper Publishers
1
Nursing Care Facilities
1
Office Administrative Services
2
Office Equipment Merchant Wholesalers
1
Offices of Certified Public Accountants
4
Offices of Chiropractors
2
Offices of Lawyers
12
Offices of Optometrists
1
One-Hour Photofinishing
1
Packing and Crating
1
Painting and Wall Covering Contractors
5
Payroll Services
1
Pet Care (except Veterinary) Services
1
Portfolio Management
1
Precision Turned Product Manufacturing
1
Private Mail Centers
2
Professional Employer Organizations
1
Quick Printing
1
Railroad Rolling Stock Manufacturing
1
Real Estate Credit
1
Remediation Services
1
Residential Remodelers
12
Retail Bakeries
1
Roofing Contractors
1
Savings Institutions
4
Securities Brokerage
2
Septic Tank and Related Services
1
Siding Contractors
3
Site Preparation Contractors
7
Snack and Nonalcoholic Beverage Bars
25
Software Publishers
1
Sporting Goods Stores
1
Sports and Recreation Instruction
1
Sports Teams and Clubs
1
Tire Dealers
1
Travel Agencies
1
Used Household and Office Goods Moving
1
Veterinary Services
2
Video Tape and Disc Rental
1
Wholesale Trade Agents and Brokers
5
Wired Telecommunications Carriers
3

Is a Franchise Opportunity Right For You?

As you drive around North Reading, it becomes clear that purchasing a franchise is a common way to get started as an entrepreneur. But is franchising the right option for you?

We highly recommend you consider franchising as an option. We have many articles on franchises, such as Franchise Due Diligence. 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 North Reading Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in North Reading.

Naming the 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 need to be easy to spell, easy to pronounce, and easy to remember.

To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Company.

As a final piece of advice, remember that because you are starting a business in North Reading, it's imperative that you check now that you will be the only Massachusetts company using the business name you have chosen.

Forming a Company in North Reading, Massachusetts

A critical step is ensuring that you form your business as a legal structure. Doing so will separate 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 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 wherever you want. 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 ESOP Formation. You may also want to seek the advice of an attorney. Finally, if you are starting a business in North Reading, Massachusetts, our information on Incorporating in Massachusetts may be a useful resource if you decide to incorporate in Massachusetts.

The Art of Selling

Mastering the art of selling is a must if you want your new North Reading business to do well.

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.

Tips on Customer Referrals 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.

Next Steps

Most new North Reading businesses underestimate the number of challenges they will face.

Owning your own business will be a daunting task, but you can do it.

We are here to help North Reading businesses to be successful. We want to be there for you to answer your business questions, whether you are a new North Reading 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 Reading, Massachusetts

Here are more links that we believe will help you be successful in starting a business in North Reading.

More Business Startup Guides for Massachusetts

Starting a Business in North Grafton
Starting a Business in Northampton

Browse All Business Startup Guides for Massachusetts
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