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Starting a business is a difficult decision.
While there is no single source that outlines all required procedures, this page has been developed to assist you in starting your business. Whether you are starting, expanding, or need information about doing business in Holyoke, this is the place to get started.If your business is growing and you’re looking for ways to expand your facility, grow your workforce, or invest in new equipment, Holyoke wants to help you.
Choosing a business location is perhaps one most important decisions a small business owner will make, so it requires a great deal planning and research. It involves looking at demographics, scoping the competition, staying on budget, understanding state laws and taxes, and more.
A good business plan is essential to formulate your business, obtain financing, attract qualified employees, identify strategic alliance partners, and speed your company’s growth. Business plans can help you to create a clear mission and vision, test out new ideas, and assess your company’s strengths and weaknesses. Check out the guidelines below to get started planning your business
Businesses need an Employer Identification Number (EIN) for federal tax purposes. Apply on the IRS website for free.
See the Massachusetts Business Guide for information on registering your business, state licenses, and more.
At SPARK, we’re committed to equipping entrepreneurs and small business owners with the tools and resources they need to be successful. Our goal is to strengthen and grow Holyoke’s economy from within, helping its often-underrepresented residents tap into their potential to create business and social ventures in the city and region. With the support of our partners, we’ve established an ecosystem of organizations that aim to serve the aspiring entrepreneur through classes, workshops and networking opportunities that support business development. If you’re ready to start your business or take it to the next level, an entrepreneurial community is here waiting for you!
The Community Development Block Grant (CDBG) provides grant funding to improve housing, living environment, and economic opportunities for persons of low to moderate income. The HOME Investment Partnerships Program Grant (HOME) may be used only to fund housing. Both grants are issued by the Office for Community Development.
These financial institutions in Massachusetts are known for providing financial assistance to small businesses: