Start Your Business
Even if you’re running a home-based business, you will have to comply with many local, state, and federal regulations. Do not ignore regulatory details. You may avoid some red tape in the beginning, but your lack of compliance could become an obstacle as your business grows. Taking the time to research the applicable regulations is as important as knowing your market.
Here are all of the resources you need to get your business up and running.
Lay The Foundation
Register Your Business
Find A Location
Join The Chamber
Cut The Ribbon
Visit Opportunity Hub
Do Your Research
Reach out to people in the business community, research online, and ask people you trust about the idea. Feedback is a vital part of any successful business.
Consider area resources that can help you ensure that your business will be successful.
Write a Business Plan
Writing a business plan gives you an objective view of your business idea so you can enhance its strengths and address any challenges. It’s usually a requirement for receiving any loans or working with financial institutions.
Your business plan will become the foundation for future planning as your business grows.
The Massachusetts Small Business Development Center has resources to help you with your business plan.
Find A Location
Starting a small business doesn’t have to require a lot of money, but it will involve some. There are several ways you can fund your small business including financing, small business loans, or crowdfunding.
In addition to talking to banks and investors about your business, here are some additional financing programs to consider.
Register Your Business
Pick A Structure
First you must decide on the legal structure of your business.
Get Your EIN
You will need to apply for an EIN (Employer Identification Number) with the IRS.
Register With The State
Now it’s time to register your business here with the Commonwealth of Massachusetts.
Register With The Department of Revenue
Now, register with the Massachusetts Department of Revenue.
Do You Need To Register With The City?
If you are a business entity registered with the Commonwealth of Massachusetts and doing business in the same name as your corporation then you do not need to get a business certificate in the City.
Registering With The City
If you need a business certificate from the City of Newburyport. The City Clerk will issue you a certificate that confirms your registration with the City for a time period of four years (cost: $35). Get the business certificate here.
Find A Location
Lease or Own?
Consider whether you want to lease or own space.
Browse Available Spaces
Take a look at available space in the City of Newburyport.
Let The Pros Help
The best way to see what is available is by contacting us to get a customized list of options based on your business profile and needs.
Check The Zoning
Check to make sure the City Zoning allows for the kind of use you will be doing on-site.