Open a Business in Coleman, Texas

Contemplating starting a business in Coleman, Texas? We walk you through the process of opening a business in Coleman.

Are You Ready for Life as an Owner?

Most new ventures fail, in part because the entrepreneur did not have the entrepreneurial skills and traits needed to succeed. So, before you open a business, consider all of the implications of being an entrepreneur.

Before you move forward with starting a business, be sure to do these three things:

• Speak with other entrepreneurs in Coleman. Listen closely to their experiences and see if you think you too can be successful.
• You should read The Entrepreneurial Personality. It's a good read for those who are thinking about becoming an entrepreneur.
• Reach out to a trusted acquaintance. Ask them directly: Do I have what it takes to be an entrepreneur? Listen carefully to their answer, as they presumably know your strengths and weaknesses.

Coleman, Texas Demographic Information

Coleman has an active business community that includes small businesses, mid-sized businesses and large businesses.

To give you a better feel for Coleman demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Coleman.

Business Size	# of Businesses
1-4 Employees	1725
5-9 Employees	390
10-19 Employees	255
20-49 Employees	105
50-99 Employees	90
100-249 Employees	15
250-499 Employees	0
500-999 Employees	0
1000+ Employees	0
All Coleman Businesses	2580

As a new Coleman entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Coleman 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.

Business Type	# of Businesses
Advertising Agencies	1
Animal (except Poultry) Slaughtering	1
Automotive Parts and Accessories Stores	2
Beauty Salons	1
Beer, Wine, and Liquor Stores	2
Business Associations	2
Cable and Other Program Distribution	1
Child Day Care Services	2
Consumer Lending	1
Continuing Care Retirement Communities	1
Convenience Stores	1
Credit Bureaus	1
Electric Power Distribution	1
Electrical Contractors	2
Electronic Shopping	1
Farm Supplies Merchant Wholesalers	1
Fitness and Recreational Sports Centers	1
Full-Service Restaurants	4
Funeral Homes and Funeral Services	2
Furniture Stores	1
General Automotive Repair	2
General Medical and Surgical Hospitals	1
General Warehousing and Storage	1
Gift, Novelty, and Souvenir Stores	1
Golf Courses and Country Clubs	1
Hobby, Toy, and Game Stores	1
Home Centers	1
Home Health Care Services	1
Insurance Agencies and Brokerages	5
Jewelry Stores	1
Landscaping Services	1
Lessors of Other Real Estate Property	1
Limited-Service Restaurants	3
Machine Shops	1
Natural Gas Distribution	1
New Car Dealers	1
Newspaper Publishers	1
Nitrogenous Fertilizer Manufacturing	1
Nursing Care Facilities	2
Offices of Certified Public Accountants	2
Offices of Chiropractors	1
Offices of Dentists	2
Offices of Lawyers	3
Painting and Wall Covering Contractors	1
Pharmacies and Drug Stores	2
Photography Studios, Portrait	1
Portfolio Management	1
Ready-Mix Concrete Manufacturing	1
Savings Institutions	2
Securities Brokerage	1
Tax Preparation Services	1
Tire Dealers	1
Title Abstract and Settlement Offices	1
Used Car Dealers	1
Used Merchandise Stores	1
Veterinary Services	1
Video Tape and Disc Rental	2
Water Supply and Irrigation Systems	2
Wholesale Trade Agents and Brokers	1
Wired Telecommunications Carriers	1
Women's Clothing Stores	1

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.

To get up to speed on what makes for a good company name, we encourage you to read this useful article: Branding Advice.

There's one other important factor when naming a business. Since you are starting a business in Coleman, it's imperative that you check now that no other Texas company is using the business name you want to use.

Raising Capital for Your Company

Getting your Coleman business the capital it needs to succeed requires strong organization skills and perseverance. The reality is that there is very little funding available for new small businesses, and you have to explore every possible alternative.

To learn about raising money, we recommend you read the fundraising articles on our site, such as Attracting Investors.

For Coleman entrepreneurs who need startup capital, check out our List of Texas Angel Investors and our List of Texas Venture Capital Firms.

Marketing Your New Company

To rise above the crowd in Coleman and advance your business, you need a excellent marketing plan.

There are myriad resources on this site to help you with your marketing plan. Marketing Versus Sales discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. That's just one of the many useful articles we have on Marketing a Small Business.

Advancing Your Entrepreneurial Skills

Good entrepreneurs know that they need to continually improve.

With your business being located in Coleman, Texas, you will want to take advantage of the many programs available at nearby Texas universities, colleges and community colleges. It's also worthwhile to see if there are any networking groups or organizations in which Coleman entrepreneurs get together to network and trade their business experiences.

Never Give Up

Most new Coleman businesses underestimate the number of challenges they will face.

Owning your own business will be a daunting task, but you can do it.

We are here to help Coleman businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Coleman, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Coleman, Texas

Here are more links that we believe will help you be successful in starting a business in Coleman.

• Resources for Coleman, Texas Entrepreneurs - Browse a variety of resources we've collected to assist Coleman entrepreneurs.
• Texas Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Texas.
• Houston, Texas Small Business Development Center - Serving 32 counties in Southeast Texas through 14 business consulting and training centers, the Small Business Development Center Network contributes to the growth and prosperity of the Texas Gulf Coast communities.
• North Texas Small Business Development Center - The NTSBDC Network promotes small business success by providing management education.
• Northwest Texas Small Business Development Center - The Northwest Texas Small Business Development Center was established with Texas Tech University in 1986. This regional program serves over ninety thousand square miles including ninety-five counties with a population base of approximately 1.8 million people. This region is serviced by six centers located in Lubbock, Amarillo, Midland/Odessa, Abilene, Stephenville, and Wichita Falls.
• South-West Texas Border SBDC Network Texas Small Business Development Center - The South-West Texas Border Small Business Development Center (SBDC) provides consulting and technical assistance to the small business community.
• Coleman, Texas Newspaper Ad Rates - This is a nearly comprehensive list of advertising rates for Coleman, Texas newspapers, including ad costs for newspapers serving the Coleman area.

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