Add the support of a city government that has launched innovative mechanisms for business enhancement and the zeal of entrepreneurs, and the intended result is a clustering of businesses whose competitive yet cooperative relationships foster extraordinary growth. With over 5,300 businesses in the city's 6.5 square mile area, scores of examples of entrepreneurial drive and success can be seen in all its commercial corridors. Follow this link to learn more about the Competitive Advantage of a Cambridge Location . Starting a business can be personally and financially rewarding - if you plan ahead. Preparing a comprehensive written business plan on how your business will achieve growth and prosperity creates a map for your business' success.
Business owners use a plan to manage their business most effectively to produce a profit.
In addition, the business plan is the basic documentation from which financial proposals to lenders and investors will be prepared. Assistance is available in developing a business plan, market analysis, formulating a marketing plan and with capitalization strategies. These services are offered, free of charge, to Cambridge residents, Cambridge businesses and businesses who are opening in, or moving to, Cambridge. It is advised that you also explore other resources and consult a qualified attorney, accountant, banker and insurance specialist for advise and help in starting your business. Registering a Business Click here for information from the City Clerk's Office on how to register a business in the City of Cambridge and obtain a Business Certificate .