To provide an informative and practical guide that will promote new business for the Town and facilitate the process of starting said business.
Guidelines for Starting a Business:
- Choose a name for your company. Be sure to check out trademarks and names that are already in use. There is a website under Secretary State MA that can help you.
- Develop a Business Plan. This plan should be a resume for your business stating your goals, planned strategies. marketing information and financial data. The plan should be a road map for the owner, his vendors and the financial institutions he works with. If you are planning to borrow money, a business plan is essential. The Internet and the library are good sources. There are also professional business plan writers available.
- Seek Professional help. With your Business Plan in hand, you may want to talk with your lawyer, accountant, realtor, financial advisor and/or bank. Decide on what type of business you are going to register i.e.corporation, sole proprietor, LLC, etc.
- Get your EIN# (Tax I.D.#). You will need this number for financing, opening a business bank account and registering with the state. You can get the number online at IRS/GOV and the fee is payable by credit card.
- Register your business with the state. Visit the following link for more information: http://www.sec.state.ma.us/cor/coridx.htm
- Buying or Renting? Take time to thoroughly research your investment. “Buyer Beware”. Make a list of questions and research the answers. It is important that the building you invest in is in compliance with local laws.
- Check on the zoning laws before you proceed. Getting a variance can be difficult. There is a zoning map on the wall on the second floor of town hall and you can call Mary Burgess who is the Town Planner.
- Make a detailed plan of what you intend to do with your purchased or rental property. A professional plan drawing can be important for large renovations. This is the time to consult an Architect, store planner, or design engineer.
- Be diligent. Based on the plans and your wish list, get an estimate of costs. Ask for recommendations and get estimates in writing.
- Visit a local sign company with your thoughts on advertising and discuss designs and costs.
You are now ready to call the Building Inspector at (508) 699-0110 and request a design review meeting.
If you have any questions regarding business in North Attleboro, please contact one of the commission members.