January 24, 2021  
 
  Entrepreneurial Resources - Advice for Massachusetts Entrepreneurs  
  Raynham, Massachusetts Resources for Entrepreneurs  
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Starting a Business in Raynham, Massachusetts

Thinking about starting a business in Raynham, Massachusetts? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Raynham.

Do You Have Entrepreneurial Drive and Passion?

Being an entrepreneur is difficult, and can be orders of magnitude more strenuous than working as an employee. Are you positive you are ready to take on this challenge?

While entrepreneurship has become a popular career choice, we recommend you do the following before you take the plunge:

  • Grab a meal or cofee with other entrepreneurs in Raynham. Get their candid feedback on what it takes to start a successful business.
  • Take a look at Starting a Company. It's a short article but it's a good reality check for those are about to jump into the world of entrepreneurship.
  • Talk it over with a close friend or partner. A support network of family and friends can be a great sounding board for good advice before you decide for sure to go into business.

What Business to Start

Choosing a business that is right for you is very important. To stir your creative juices on what kind of business to start, take a look at Finding Your Niche in Life.

If you still are not sure what type of business to start, peruse the 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.

Remember that starting a business in Raynham has some implications. Some businesses will do better in Raynham than others. Make sure you fully understand Raynham demographics before you lock in on your business idea.

Raynham, Massachusetts Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 736
5-9 Employees 309
10-19 Employees 159
20-49 Employees 147
50-99 Employees 42
100-249 Employees 48
250-499 Employees 9
500-999 Employees 6
1000+ Employees 0
All Raynham Businesses 1456

As a new Raynham entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Raynham 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
Advertising Agencies 1
Architectural Services 1
Automobile Driving Schools 1
Automotive Glass Replacement Shops 3
Automotive Parts and Accessories Stores 4
Beauty Salons 4
Beer, Wine, and Liquor Stores 4
Boat Dealers 1
Book Stores 1
Books Printing 1
Bowling Centers 1
Building Inspection Services 1
Child Day Care Services 8
Civic and Social Organizations 1
Claims Adjusting 1
Commercial Lithographic Printing 1
Commercial Photography 1
Commercial Screen Printing 1
Computer and Software Stores 1
Computer Systems Design Services 4
Consumer Lending 2
Convenience Stores 4
Couriers 2
Credit Unions 2
Directory and Mailing List Publishers 1
Drinking Places (Alcoholic Beverages) 3
Drywall and Insulation Contractors 3
Electrical Contractors 9
Electronic Shopping 1
Engineering Services 1
Environmental Consulting Services 1
Facilities Support Services 1
Family Clothing Stores 1
Fine Arts Schools 1
Finish Carpentry Contractors 4
Fitness and Recreational Sports Centers 6
Floor Covering Stores 1
Flooring Contractors 1
Florists 1
Food (Health) Supplement Stores 1
Food Service Contractors 1
Framing Contractors 2
Full-Service Restaurants 18
Furniture Stores 3
General Automotive Repair 5
General Freight Trucking, Local 7
General Warehousing and Storage 1
Gift, Novelty, and Souvenir Stores 3
Heating Oil Dealers 1
Home Centers 1
Household Appliance Stores 1
Insurance Agencies and Brokerages 1
Internet Publishing and Broadcasting 1
Investigation Services 1
Investment Advice 1
Janitorial Services 4
Jewelry Stores 2
Landscape Architectural Services 1
Landscaping Services 3
Lessors of Other Real Estate Property 1
Libraries and Archives 1
Limited-Service Restaurants 15
Limousine Service 1
Locksmiths 1
Machine Shops 2
Mail-Order Houses 1
Marketing Consulting Services 2
Masonry Contractors 3
Meat Markets 1
Mortgage and Nonmortgage Loan Brokers 4
Musical Instrument and Supplies Stores 1
Nail Salons 2
New Car Dealers 10
Nursing Care Facilities 1
Office Administrative Services 1
Office Equipment Merchant Wholesalers 1
Offices of Certified Public Accountants 3
Offices of Chiropractors 5
Offices of Dentists 6
Offices of Lawyers 8
Paint and Wallpaper Stores 2
Painting and Wall Covering Contractors 1
Passenger Car Rental 3
Pet Care (except Veterinary) Services 3
Pharmacies and Drug Stores 2
Photography Studios, Portrait 4
Portfolio Management 1
Private Mail Centers 1
Racetracks 2
Real Estate Credit 3
Recreational Vehicle Dealers 2
Refrigerated Warehousing and Storage 1
Remediation Services 1
Residential Property Managers 3
Residential Remodelers 7
Roofing Contractors 2
Savings Institutions 6
Securities Brokerage 1
Shoe Stores 1
Site Preparation Contractors 2
Snack and Nonalcoholic Beverage Bars 2
Solid Waste Collection 3
Solid Waste Landfill 1
Sporting Goods Stores 2
Sports and Recreation Instruction 2
Tax Preparation Services 1
Telemarketing Bureaus 1
Temporary Help Services 3
Tire Dealers 3
Travel Agencies 2
Used Car Dealers 8
Veterinary Services 2
Video Tape and Disc Rental 2
Voluntary Health Organizations 1
Warehouse Clubs and Supercenters 1
Wholesale Trade Agents and Brokers 3
Window Treatment Stores 1
Wired Telecommunications Carriers 2
Women's Clothing Stores 4

What About Franchising Opportunities?

Visit the business district of Raynham and it's apparent that franchising has become a very popular way to start a business. Evidently, there must be some significant advantages to purchasing a franchise.

Our recommendation is that 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.

You can find franchise opportunities by browsing our Franchise Opportunities Directory.

Representative franchise opportunities include Subway Franchises and Starbucks Franchises. Alternatively, you can browse franchise categories, such as Accounting Franchises and Moving Franchises.

Note on Raynham Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Raynham.

Should You Buy an Existing Raynham Business?

If you have some capital to play with, you may want to Buy a Business in Massachusetts. Follow that link and you can assess several good businesses for sale in Raynham.

If you are serious about buying a business, you may want to read this article: How to Buy a Business.

Selecting a Name For Your Venture

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.

We strongly advocate that you make sure the ".com" domain name is available for your company name. Every business needs a strong Web presence these days, and having a non ".com" domain means somebody else may outrank you in the search results for your own company name.

Numerous company naming issues are discussed in more detail in this article: Naming a Business.

On a final note, given that you are opening a business in Raynham, it's critical that you ensure that no other Massachusetts company is using the business name you want to use.

Company Formation in Raynham, Massachusetts

It's essential that your business is formed as a legal entity that is separate from its owners. Doing so will shield 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 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. As it turns out, 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's a lot to know about forming a company. To learn the fundamentals of company formation, browse articles on our site, such as Getting an EIN. You may also want to seek the advice of an lawyer. Finally, if you are starting a business in Raynham, Massachusetts, our information on Incorporating in Massachusetts may be a useful resource if you decide to incorporate in Massachusetts.

Make Sure You Have a Business Plan

Having a business plan is vital in maximizing the prospects of your new company. Simply put, your business plan is your game plan for how you hope to grow your business. Not having a business plan makes you more prone to becoming a business failure statistic.

To learn more about business plans, read Business Plan Contests. You should also take advantage of free counseling sessions provided by your local SCORE chapter in Massachusetts.

Raising Funding for Your Startup

Getting your Raynham 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.

To learn about raising money, we recommend you read the fundraising articles on our site, such as 504 Loans.

For Raynham entrepreneurs with great ambition but a shortage of investment capital, check out our List of Massachusetts Angel Investors and our List of Massachusetts Venture Capital Firms.

Marketing Your New Startup

Whether your goal is to attract Raynham customers or you plan on selling elsewhere, you'll need to have a good marketing plan.

You can learn quite a bit about marketing on our site. Advertising in the Yellow Pages is an article that will generate a few thoughts on your marketing plan. That's just a sampling of the many useful articles we have on Marketing a Small Business.

The Art of Selling

Do you know how to sell? In order to attract customers to your new Raynham business, you need to focus on sales.

Good selling involves demonstrating that your wares meet your customer's needs. The good news is we can help you to make selling a big competitve advantage for your new firm.

Selling Products on eBay 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.

Learning More About Entrepreneurship

The best entrepreneurs know that they don't know everything.

Given that you are starting a business in Raynham, 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 organizations for Raynham entrepreneurs.

Now It's Up To You

As an entrepreneur in Raynham, you won't be working for the boss anymore. You are the boss.

From this point on, you control your own destiny.

We are here to help Raynham businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Raynham, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Raynham, Massachusetts

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

 

 

Additional Resources for Entrepreneurs

Buying a Business

Writing a Business Plan

Raising Money

Incorporate

Small Business Marketing

Advertising Advice

Public Relations -

Customer Service Tips

Entrepreneurial Selling

Workplace Safety