Rhode Island Business Startup Guides
Open a Business in Tiverton, Rhode Island
Need help starting a business in Tiverton, Rhode Island? We've got the information you need to open a business in Tiverton.
Is Becoming a Business Owner Right for You?
Most new ventures don't make it, in part because the entrepreneur did not have the tenacity and/or the skills to succeed. So, before jumping into the world of entrepreneurship, consider all of the implications of being an entrepreneur.
While entrepreneurship has become a popular career choice, we recommend you do the following before you take the plunge:
- Talk to other entrepreneurs in Tiverton. Get their take on what it's really like to be an entrepreneur.
- We recommend reading Should You Become an Entrepreneur?. For aspiring new entrepreneurs, it's a must read article.
- Have a candid conversation with friends and family. That's the best way to get a truly objective assessment as to whether others think you have what it takes.
What Type of Business Should You Start?
An important decision is what kind of business you want to start. You might get some good ideas about what kind of business to start by reading Good 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 How to Start a Hiking Boots Business guide or our Opening a Saw Rental Business guide.
Don't forget that starting a business in Tiverton has some implications. Some businesses will do better in Tiverton than others. A critical consideration is whether Tiverton demographics mesh well with your startup concept.
Tiverton, Rhode Island Demographic Information
Tiverton has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Tiverton demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Tiverton.
As a new Tiverton entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Tiverton 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.
Picking a Business Name
A big decision when starting a company is choosing a company name. Believe it or not, choosing a good company name can be a big contributor to your business success.
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 Business.
On a final note, given that you are opening a business in Tiverton, it's imperative that you check now that no other Rhode Island company is using the business name you want to use.
Where to Get Money to Start a Company
Getting your Tiverton business the capital it needs to succeed requires strong organization skills and perseverance. 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 Angel Investors.
Promoting Your New Venture
To rise above the crowd in Tiverton and grow your business, you need a excellent marketing plan.
There are myriad resources on this site to help you with your marketing plan. Telemarketing Service Costs discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. That's just a sampling of the many useful articles we have on Marketing a Small Business.
How to Sell
Mastering the art of selling is priority one if you want your new Tiverton business to do well.
Good selling involves demonstrating that your wares meet your customer's needs. Fortunately, we've got plenty of good advice to help you improve your selling skills.
Most new Tiverton businesses underestimate the number of challenges they will face.
If you choose the right business and love what you do, you will greatly increase your odds of success.
This site is all about helping entrepreneurs in Tiverton and elsewhere to achieve real success. We have a wealth of experience in business start-ups, financing, marketing, sales and more...and we've made all of our knowledge available to you.
More Entrepreneurial Resources for Starting a Business in Tiverton, Rhode Island
Here are more links that we believe will help you be successful in starting a business in Tiverton.
- Resources for Tiverton, Rhode Island Entrepreneurs - Browse a variety of resources we've collected to assist Tiverton entrepreneurs.
- Rhode Island Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Rhode Island.
- Rhode Island Small Business Development Center - The Rhode Island Small Business Development Center provides entrepreneurs with best fit resources to create and transform their businesses.
Starting-a-Business Guides for Other Cities in Rhode Island
Share this article
Additional Resources for Entrepreneurs