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Ready to start a business in Massachusetts? Building a lucrative business in a state that offers excellent business opportunities and infrastructure is crucial to your success. And Massachusetts hits the mark all around.
When it comes to the best businesses to start in Massachusetts, the Bay State offers many options. Whatever your background, here are ten good business opportunities in Massachusetts right now. Some are small business opportunities, some are home-based businesses, and others are online businesses. With our startup business resources and services, you can make any of them a reality.
Are you good at branding? Are you interested in digital advertising? Polls show that one in three web browsers between the ages of 16 and 64 turn to social media before purchasing goods. If you know how to help companies promote their brands, a social media consulting start-up may be a good business to start in Massachusetts.
Everybody loves to eat! And food trucks are an excellent, low-cost business opportunity. All you need is a business plan, a business license, a truck, and start-up equipment to get started. Starting a food truck business costs around $100,000 on average, while the average yearly food truck revenue is between $250,000 and $500,000. Plus, you can easily travel with your food truck to find customers rather than wait for customers to come to you.
Massachusetts leads the country in fabulous tourist destinations. Places that offer homey accommodations and authentic experiences are big business, and Bed and Breakfasts are in high demand. If you’re interested in hospitality, owning a Bed and Breakfast is a fantastic business opportunity.
Massachusetts houses several major league sports teams like the Boston Red Sox, Boston Celtics, Boston Bruins, and the New England Patriots. Boston also has one of the most active fans bases in America. If you love sports, opening a sports shop can be lucrative. It’s also one of the easiest small businesses to start online.
Do you like to take pictures? Massachusetts is full of bright lights, history, and natural beauty. It’s also home to more than 16,000 marriages a year. And top wedding photographers can make over $110,000 annually. If you love photography, opening a photography studio may be one of the best small businesses to start in Massachusetts.
If you like solving problems, app development could be for you. Apps make life easier, which means you’ll always have a customer base because people will continue to pay for them. Since 2016, the App industry has grown by 75%. Since 2020 the industry has generated $32.1 billion. App development potential is enormous, and an app development start-up is an attractive small-business opportunity.
Did someone say Cranberries? Cranberry farming got its start on Cape Cod in the mid-1800s. Today, Massachusetts continues to be a front runner in cranberry production, ranking second in the nation. If you like to farm or like working outdoors, berry farming may be the proper startup for you.
Do you love helping people? Are you interested in a home-based business you can conduct from your dining table or in your living room? If you’re good at communicating and want to work with people, consider a life-coaching business in Massachusetts.
Everyone loves a clean space. But few people have time to clean. And starting a cleaning business costs almost nothing. The average hourly rate for professional cleaners is $25 to $45 an hour per cleaner. Cleaning businesses also can grow into big businesses as more clients come on board. Are you a neat freak? Do you enjoy cleaning? A cleaning service may be your best business to start in Massachusetts.
If you already have a head for business, a business consulting startup may be a good choice. Choosing a specialty and building your start-up around a passion will not only make you a great consultant but will also attract a targeted market. People with knowledge and experience in their field that find their niche can potentially build one of the most profitable businesses in Massachusetts.
The businesses listed above are all good business to start in Massachusetts because:
Starting a new business can be challenging, whether a small online company or a start-up from your bedroom. Knowing your market puts you in a favorable position from the start. Though the factors listed above are essential to consider, it’s good to do your homework before getting started. If you have the vision and wherewithal, with our help, hard work, and good strategizing, you can succeed at any small business you chose.
Curious about some of the best cities in Massachusetts to open your business? Choosing a good location can make or break a business, and these are a few of the best places to get started:
These cities are tops for education, quality of living, and industries like medicine and technology and are some of the best cities in Massachusetts to start your business.
If you’ve been thinking about good businesses to launch in Massachusetts, you’ve probably wondered how to get started. If you’re interested in turning your new business idea into a limited liability company (LLC) or corporation, our Massachusetts LLC Formation Service or our Massachusetts Corporation Formation Service will make it easy for you.
We’ll even assist you in reserving your business name and filing a Massachusetts Certificate of Incorporation. Not sure which kind of business entity to start? We’ll help you Compare Different Business Structures, too! Whatever your needs, we’re here to help you form your dream business.
We have the tools and know-how to support all your business endeavors so that you can focus on expanding your enterprise. Are you forming an online business? We can help register a domain name. Once your business is off the ground, we can also help you make sure it stays legally compliant using our Worry-Free Compliance Service. And we’re here to help with more than the occasional significant business event. Our extensive catalog of business support services can help you manage everyday operations. We even offer a business email address service. From managing employees to handling invoices to annual reports, we’re here to focus on the varied administrative details of your business, so you don’t have to.
Disclaimer: The content on this page is for informational purposes only and does not constitute legal, tax, or accounting advice. If you have specific questions about any of these topics, seek the counsel of a licensed professional.
Massachusetts industry is booming for many reasons. Among them are Massachusetts’s lower start-up costs, the number of universities and educational institutions, its larger and more densely populated cities, and its impressive technological infrastructure.
Massachusetts business owners often grow their businesses by taking the pulse of their communities and capitalizing on opportunities unique to their businesses and the people who frequent them. Market research especially can be essential to reaching an audience and expanding your business.
Massachusetts offers franchise opportunities in many business areas, from fast-food chains to small delivery start-ups. Like in many states, Massachusetts’s individual cities offer locally owned franchise opportunities as well. Start with researching franchise opportunities in the city you’re most interested in starting a business and expand from there. Make a list. You should be able to build a varied list of solid choices to research and consider.
Top large-scale eCommerce businesses in Massachusetts include Bookbub, CarGuru, and Wayfair suggesting a wide range of e-commerce opportunities. From data solutions to retail, the key to success in eCommerce in any field is knowing your market and reaching the right audience. Because of this, the best eCommerce business to start is a business that combines your interests, passions, business know-how, and skills.
Online sales, tech-oriented services, and food services are great options for a home-based business. It doesn’t take much overhead to start them. Plus they’re all grounded in industries that evolve with the times, allowing new business owners room for growth and exploration.
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