“Lakeville is an overlooked waterfront retreat.”
Welcome to the Town of Lakeville! This guide is to help entrepreneurs navigate through the process of starting a business in our town. The information within may also be helpful to existing business owners, who already provide Lakeville with their products or services. We hope we’ve piqued your interest and stand ready to assist you!
Aaron Burke, Selectman, Town of Lakeville and Chair, Economic Development Committee
In order to maintain the natural beauty and charm of Lakeville, the Town has identified, in conjunction with the South Coast Rail Corridor Plan, certain priority development areas that the town would like to offer for your consideration.
Highlights of Development in Lakeville, Massachusetts:
While all of the above are compelling reasons to start your business in Lakeville, the driving force behind the town rests with the folks who live here. Lakeville residents are proud of their town and its heritage and beauty. All you need to do is take a stroll or drive through our town – maybe you’ll be one of the many who have come to play and ended up staying!
Let’s face it; every business and industry is different, regardless of where you locate. This guide is meant to provide a path for you to follow, in addition to the contacts associated with the steps along the way. The best place to start is with a checklist:
Preparing a business plan can be a daunting task. There are several free resources available to entrepreneurs to help you through the process:
SEED holds free business plan preparation workshops throughout the region, on a monthly basis. Their schedule can be found on the website listed above.
For one-on-one assistance, please consider the following agencies:
Massachusetts Small Business Development Center Network (MSBDC)
SE Mass SCORE (For the Life of Your Business)
SCORE also provides one-on-one business management counseling. Again, you don’t have to travel to the main office in Brockton, as counselors also meet at a number of Chamber of Commerce offices throughout Southeastern MA.
Center for Women and Enterprise (CWE)
Rhode Island Center – Providence
The Center for Women and Enterprise provides one-on-one business management counseling, in addition to workshops on business-related topics. Predominantly held in either Boston or Providence, please visit their website or call for additional information.
For business collaboration and networking opportunities:
Cranberry Country Chamber of Commerce
The Cranberry Country Chamber of Commerce provides regional leadership and by membership, joins together the resources of local communities. Want to become a member or attend an event as a guest to see what it’s all about? Give them a call or visit their website for specifics.
It’s recommended that you contact an attorney and a CPA to discuss the legal and financial aspects of each potential business structure. If you do not have a contact in either/both field(s), please refer back to the business assistance organizations mentioned earlier in this guide. They can provide referrals in each profession for you to choose from. However – utilizing a professional is not required and if you’d prefer, you can handle the organization process on your own.
If you purchase commercial real estate, please contact the Tax Assessors Office at 508-947-4428 for information on filing forms for your quarterly tax bill payments.
Now that you’ve read through this checklist, the real work begins. Are you ready to open your doors? Do you have the capital required to sustain your business as it gets up and running? Personal resources, home equity, family or friend loans, bank financing, alternative financing, etc…it’s a whirlwind to think about. If you’re in need of additional financial help, seek assistance from the business advisors mentioned in this guide. Visit your local bank branch manager and have a conversation about your plans. Utilize all resources possible to ensure you are putting your business in the best position to succeed!
In closing, we hope you’ve found this guide helpful in navigating the business preparation process. The Town of Lakeville warmly welcomes you, wishes you the best of luck and looks forward to watching your business grow!