Best Businesses to Start in Massachusetts

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.

Good Businesses to Start in Massachusetts

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.

Idea #1: Social Media Consulting

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.

Idea #2: Food Truck

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.

Idea #3: Bed and Breakfast

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.

Idea #4: Sports Fan Shop

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.

Idea #5: Photography

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.

Idea #6: App Development

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.

Idea #7: Berry and Farming Export

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.

Idea #8: Life Coaching and Mentoring

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.

Idea #9: Cleaning Services

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.

Idea #10: Business Consulting

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.

Why These Are the Best Small Businesses to Start in Massachusetts

The businesses listed above are all good business to start in Massachusetts because:

• Most of them are relatively inexpensive to maintain once they are up and running.
• Many of them are home-based businesses offering several tax advantages. For instance, you can deduct a portion of your home’s operating and depreciation expenses when you file taxes, including parts of your mortgage, property taxes, and insurance.  
• Many of them can be set up as full or part-time businesses, allowing you to take charge of the hours you work and the revenue you make.  
• Members of the Massachusetts community are known for being committed to buying locally and prioritize buying directly from the seller.

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.

Best Cities in Massachusetts for Starting a Business

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:

• Boston
• Springfield
• Cambridge
• Worcester
• Newton
• Somerville
• Lowell

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.

Form Your Business with Us

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.