Maine Business Startup Guides
Opening a Business in Dover Foxcroft, Maine
Contemplating starting a business in Dover Foxcroft, Maine? We walk you through the process of opening a business in Dover Foxcroft.
Dover Foxcroft, Maine Demographic Information
Dover Foxcroft has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Dover Foxcroft demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Dover Foxcroft.
Businesses
As a new Dover Foxcroft entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Dover Foxcroft 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
Have You Considered Buying an Existing Dover Foxcroft Business?
An excellent way to get started in business is to Buy a Business in Maine. Follow that link and you can review several good businesses for sale in Dover Foxcroft.
Before buying a business, be sure to read this article: How to Buy a Business.
Picking a Company Name
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.
Before you decide on a company name, run it by some prospective customers and see what they think. If they don't like it, it's probably a good idea to go back to the drawing board.
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Business.
As a final piece of advice, remember that because you are opening a business in Dover Foxcroft, it's imperative that you check now that no other Maine company is using the business name you want to use.
The Role of the Business Plan
A business plan is critical in laying a solid foundation for your business success. Indeed, your business plan is your game plan for how you hope to grow your business. Not having a business plan is a recipe for disaster.
To learn more about business plans, read Business Plan Contests. A great resource for business planning assistance is the free counseling sessions provided by your local SCORE chapter in Maine.
Getting Money to Start a Business
Getting your Dover Foxcroft business the capital it needs to succeed is not an easy task. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.
Take advantage of our many articles on raising capital, such as 504 Loans.
For Dover Foxcroft entrepreneurs who need startup capital, you'll want to take a look at our List of Maine Angel Investors and our List of Maine Venture Capital Firms.
Marketing Your New Company
Whether your goal is to attract Dover Foxcroft customers or you plan on selling elsewhere, you'll need to have a good marketing plan.
You can learn all about marketing on our site. National TV Spot Advertising Rates 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.
What's Next?
Most new Dover Foxcroft businesses underestimate the number of challenges they will face.
From this point on, you control your own destiny.
We are here to help Dover Foxcroft businesses to be successful. 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 Dover Foxcroft, Maine
Here are more links that we believe will help you be successful in starting a business in Dover Foxcroft.
- Resources for Dover Foxcroft, Maine Entrepreneurs - Browse a variety of resources we've collected to assist Dover Foxcroft entrepreneurs.
- Maine Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Maine.
- Maine Small Business Development Center - Maine Small Business Development Centers and its technology-focused group, the Maine Small Business & Technology Development Centers, provide comprehensive business management assistance, training, resource and information services to Maine's entrepreneurs and small business owners.
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