Massachusetts Business Startup Guides
Starting a Business in East Longmeadow, Massachusetts
Thinking about starting a business in East Longmeadow, Massachusetts? This step-by-step guide walks you through the major decisions you should consider before opening a new business in East Longmeadow.
Are You Sure You Want to Do This?
Most new businesses fail, in part because the founder did not have the perseverance and abilities that are necessary to succeed. So, before you open a business, consider all of the implications of being an entrepreneur.
Here are three things we recommend you do before you fully commit to starting a new business of your own.
- Talk to other entrepreneurs in East Longmeadow. 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.
East Longmeadow, Massachusetts Demographic Information
East Longmeadow has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for East Longmeadow demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in East Longmeadow.
Businesses
As a new East Longmeadow entrepreneur, you may also be interested in the table below. It shows how many businesses there are in East Longmeadow 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
Don't Forget to Create a Business Plan
A business plan is critical to the health of your new business. Simply put, a business plan describes what you plan to do with the business and how you plan to do it. Failure to write 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 face-to-face free consulting available from your local SCORE chapter in Massachusetts.
Where to Get Money to Start a Company
Getting your East Longmeadow 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.
Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled Choosing VC Firms.
For East Longmeadow entrepreneurs who need startup capital, check out our List of Massachusetts Angel Investors and our List of Massachusetts Venture Capital Firms.
Promoting Your New Venture
To rise above the crowd in East Longmeadow and build your business, you'll need to have a good marketing plan.
You can learn quite a bit about marketing on our site. Exhibiting at Tradeshows discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. That's just one of the many useful articles we have on Marketing a Small Business.
Advancing Your Entrepreneurial Skills
The best business owners know that they need to continually improve.
As an entrepreneur who lives in East Longmeadow, Massachusetts, you will want to take advantage of the many programs available at nearby Massachusetts universities, colleges and community colleges. It's also smart to see if there are any East Longmeadow networking organizations.
Next Steps
Most new East Longmeadow businesses underestimate the number of challenges they will face.
Owning your own business will be a daunting task, but you can do it.
Our goal here is to promote the vitality and growth of small businesses in East Longmeadow and throughout the United States . We believe entrepreneurship is an amazing engine for job creation in East Longmeadow, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in East Longmeadow, Massachusetts
Here are more links that we believe will help you be successful in starting a business in East Longmeadow.
- Resources for East Longmeadow, Massachusetts Entrepreneurs - Browse a variety of resources we've collected to assist East Longmeadow entrepreneurs.
- Massachusetts Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Massachusetts.
- Massachusetts Small Business Development Center - The Massachusetts Small Business Development Center (MSBDC) Network provides one-to-one free comprehensive and confidential services focusing on, business growth and strategies, financing and loan assistance as well as strategic, marketing and operational analysis.
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