Oklahoma Business Startup Guides
Starting a Business in Chickasha, Oklahoma
Thinking about starting a business in Chickasha, Oklahoma? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Chickasha.
What Type of Business Should You Start?
An important decision is what kind of business you want to start. To help you decide on a business type, we encourage you to read Free Business Ideas.
If you still are not sure what type of business to start, peruse the Good Businesses to Start section of our site. For example, you might be interested in our How to Start a Golf Equipment & Supplies Wholesale & Manufacturers Business guide or our Starting a Sisal Business guide.
Always keep in mind that you are starting a business in Chickasha. Think about what needs are currently being underserved in Chickasha. Make sure you fully understand Chickasha demographics before you lock in on your business idea.
Chickasha, Oklahoma Demographic Information
Chickasha has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Chickasha demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Chickasha.
Businesses
As a new Chickasha entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Chickasha for each business category. By looking at this chart, you can get a general sense for how much competition there is in the business niche that you are pursuing.
Businesses
Selecting a Name For Your Venture
A good company name can give a big boost to a new startup. It might seem like an easy thing to do, but there are many things to consider when naming a business.
Before you decide on a company name, run it by some prospective customers and see what they think. If they don't like it, it's probably a good idea to go back to the drawing board.
For other considerations regarding naming a company, we recommend this article: Naming a Business.
There's one other important factor when naming a business. Since you are starting a business in Chickasha, it's very important that you make sure no other Oklahoma company is using the business name you want to use.
Company Formation in Chickasha, Oklahoma
It's essential that you are forming a legal entity that operates independently from you. Doing so will shield you from personal liability for business debts and obligations.
The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporation is a very popular way to form a business. A key decision is whether to form and S-Corp or a C-Corp, and you also must decide in which state you will incorporate. Just because you are starting a business in Oklahoma, it doesn't mean you are required to incorporate in Oklahoma. In fact, you can incorporate in the state of your choosing. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.
There's a lot to know about forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as C Corp Versus S Corp. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Chickasha, Oklahoma, our information on Incorporating in Oklahoma may be a useful resource if you decide to incorporate in Oklahoma.
Don't Skip the Business Plan
A business plan is critical in laying a solid foundation for your business success. Indeed, a business plan describes what you plan to do with the business and how you plan to do it. Starting a business without a business plan is a recipe for disaster.
To learn more about business plans, read Reasons to Write a Business Plan. You can also get free counseling sessions provided by your local SCORE chapter in Oklahoma.
Selling Tips
Being able to sell is fundamental to your business success. Whether you are focused on selling local customers in Chickasha or are selling to customers throughout Oklahoma, the United States or even the world, you have to be able to sell.
Clever sales techniques can transform any business from good to great. The good news is we can help you to make selling a big competitve advantage for your new firm.
Closing Sales is worth reading, as it may give you some good ideas on how to sell your products or services. We have many more good articles on selling that you may enjoy reading.
Never Give Up
You have a dream -- starting a business in Chickasha. To achieve your dream, you have to persevere, even when the odds are against you.
From this point on, you control your own destiny.
We are here to help Chickasha businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Chickasha entrepreneur who is just getting started or you are already up and running with your new venture.
More Entrepreneurial Resources for Starting a Business in Chickasha, Oklahoma
Here are more links that we believe will help you be successful in starting a business in Chickasha.
- Resources for Chickasha, Oklahoma Entrepreneurs - Browse a variety of resources we've collected to assist Chickasha entrepreneurs.
- Oklahoma Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Oklahoma.
- Oklahoma Small Business Development Center - Whether you are in business or thinking about it, the Oklahoma Small Business Development Center staff can assist you. Their goal is to help Oklahoma entrepreneurs like you be more successful.
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