Rhode Island Business Startup Guides
Opening a Business in Cumberland, Rhode Island
Contemplating starting a business in Cumberland, Rhode Island? We walk you through the process of opening a business in Cumberland.
What Business to Start
Choosing a business that is right for you is very important. 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 Starting a Dance Club guide or our Starting a Tatoo Parlor guide.
Always keep in mind that you are opening your new business in Cumberland. Some businesses will do better in Cumberland than others. Only by spending some time analyzing Cumberland demographics can you decide if there will be strong demand for your business idea.
Cumberland, Rhode Island Demographic Information
Cumberland has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Cumberland demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Cumberland.
Businesses
As a new Cumberland entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Cumberland 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
What About Franchising Opportunities?
Visit the business district of Cumberland and you'll notice that many local entrepreneurs have gone the franchising route. Should you be giving franchising serious consideration?
Most business experts recommend that you consider franchising as an option. We have many articles on franchises, such as Understanding Franchise Contracts. Gain a solid understanding of franchising by scanning 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 Cumberland Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Cumberland.
Naming the Business
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.
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.
For other considerations regarding naming a company, we recommend this article: Naming a Business.
There's one other important factor when naming a business. Since you are opening a business in Cumberland, it's very important that you make sure no other Rhode Island company is using the business name you want to use.
Do You Need a Business Plan?
Having a business plan is vital to the health of your new business. In effect, a business plan is a written description of the future you envision for 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 can also get free business counselors available to you through your local SCORE chapter in Rhode Island.
Bring in Revenues
Being able to sell is a key enabler to your business success. Whether you are focused on selling local customers in Cumberland or are selling to customers throughout Rhode Island, the United States or even the world, you have to be able to sell.
Good selling involves demonstrating that your wares meet your customer's needs. Let us help you refine your selling techniques through our many useful sales advice tips.
Selling Products on eBay offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.
Next Steps
You have a dream -- starting a business in Cumberland. 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.
This site is all about helping entrepreneurs in Cumberland and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Cumberland 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 Cumberland, Rhode Island
Here are more links that we believe will help you be successful in starting a business in Cumberland.
- Resources for Cumberland, Rhode Island Entrepreneurs - Browse a variety of resources we've collected to assist Cumberland 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.
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