Massachusetts Business Startup Guides
Starting a Business in Rowley, Massachusetts
Thinking about starting a business in Rowley, Massachusetts? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Rowley.
Rowley, Massachusetts Demographic Information
Rowley has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Rowley demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Rowley.
Businesses
As a new Rowley entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Rowley 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
Is Franchising a Better Option?
As you drive around Rowley, you'll notice that many local entrepreneurs have gone the franchising route. Should you be giving franchising serious consideration?
Our advice is to consider franchising as an option. We have many articles on franchises, such as Franchising and Veterans. 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 Exovations and Fresh City. Alternatively, you can browse franchise categories, such as Apparel Franchises and Interior Environment Franchises.
Note on Rowley Franchise Opportunities: To find out if a franchise you are interested in is available in Rowley, you will need to get in direct contact with the franchisor.
Have You Considered Buying an Existing Rowley Business?
We've created a handy website page for those who want to Buy a Business in Massachusetts. Follow that link and you might discover several good businesses for sale in Rowley.
If you are serious about buying a business, you may want to read this article: How to Buy a Business.
Naming the Business
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.
Companies like Starbucks, Apple, Target, Microsoft and Intuit all have strong company names that are easy to remember and have become well-loved brands. Wouldn't it be nice if your new company name got on a similar track?
For other considerations regarding naming a company, we recommend this article: Naming a Company.
There's one other important factor when naming a business. Since you are opening a business in Rowley, it's very important that you make sure no other Massachusetts company is using the business name you want to use.
Startup Financing Basics
Getting your Rowley business the capital it needs to succeed will be harder than you might expect. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.
Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled 504 Loans.
For Rowley entrepreneurs who want to raise money for a new venture, check out our List of Massachusetts Angel Investors and our List of Massachusetts Venture Capital Firms.
How to Improve Your Entrepreneurial Abilities
Successful entrepreneurs recognize that what they know now may not be enough to ensure their future success.
With your business being located in Rowley, 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 Rowley networking organizations.
Next Steps
You have a dream -- starting a business in Rowley. 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.
We are here to help Rowley 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 Rowley, Massachusetts
Here are more links that we believe will help you be successful in starting a business in Rowley.
- Resources for Rowley, Massachusetts Entrepreneurs - Browse a variety of resources we've collected to assist Rowley 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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