Are you starting a business in Frankston, Texas? This article discusses the most important things to consider when opening a business in Frankston.
Are You Sure You Want to Do This?
Before quitting your day job, consider your entrepreneurial instincts and capabilities.
Here are three things we recommend you do before you fully commit to starting a new business of your own.
- Grab a meal or cofee with other entrepreneurs in Frankston. Ask them candidly what it's like to run a business.
- Take a look at The Entrepreneurial Personality. It's a short article but it's a good reality check for those are about to jump into the world of entrepreneurship.
- Reach out to a trusted acquaintance. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.
Frankston, Texas Demographic Information
Frankston has an active business community that includes small businesses,
mid-sized businesses and large businesses.
To give you a better feel for Frankston demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Frankston.
| Business Size | # of Businesses |
| 1-4 Employees |
147 |
| 5-9 Employees |
69 |
| 10-19 Employees |
30 |
| 20-49 Employees |
12 |
| 50-99 Employees |
9 |
| 100-249 Employees |
0 |
| 250-499 Employees |
0 |
| 500-999 Employees |
0 |
| 1000+ Employees |
0 |
| All Frankston Businesses |
267 |
As a new Frankston entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Frankston 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 |
| Automotive Glass Replacement Shops |
1 |
| Automotive Parts and Accessories Stores |
3 |
| Beer, Wine, and Liquor Stores |
5 |
| Carpet and Upholstery Cleaning Services |
1 |
| Child Day Care Services |
1 |
| Commercial Lithographic Printing |
2 |
| Continuing Care Retirement Communities |
1 |
| Convenience Stores |
1 |
| Cut Stock, Resawing Lumber, and Planing |
1 |
| Electrical Contractors |
1 |
| Engineering Services |
1 |
| Florists |
1 |
| Full-Service Restaurants |
2 |
| General Freight Trucking, Local |
2 |
| Golf Courses and Country Clubs |
1 |
| Hardware Stores |
1 |
| Insurance Agencies and Brokerages |
4 |
| Interior Design Services |
1 |
| Libraries and Archives |
1 |
| Limited-Service Restaurants |
2 |
| Machine Shops |
1 |
| Marinas |
1 |
| New Car Dealers |
2 |
| Newspaper Publishers |
1 |
| Nursing Care Facilities |
1 |
| Offices of Certified Public Accountants |
1 |
| Offices of Dentists |
1 |
| Offices of Lawyers |
2 |
| Pharmacies and Drug Stores |
1 |
| Setup Paperboard Box Manufacturing |
1 |
| Site Preparation Contractors |
1 |
| Snack and Nonalcoholic Beverage Bars |
1 |
| Solid Waste Collection |
1 |
| Tax Preparation Services |
2 |
| Tire Dealers |
1 |
| Title Abstract and Settlement Offices |
1 |
| Veterinary Services |
1 |
| Water Supply and Irrigation Systems |
1 |
| Wired Telecommunications Carriers |
1 |
Is Franchising a Better Option?
Visit the business district of Frankston and you'll conclude that many business owners have opted to buy a franchise, rather than starting a business on their own. Is it perhaps smarter to franchise a business instead of doing it from scratch.
We advise the entrepreneurs we work with to consider franchising as an option. We have many articles on franchises, such as How to Franchise a Business. Become a franchising expert of sorts by reading more of our Articles on Franchising.
You can review hundreds of franchise opportunities by browing our Franchise Directory.
Representative franchise opportunities include TNT China and Certified Restoration Dry Cleaning Network. Alternatively, you can browse franchise categories, such as Dating Service Franchises and Mail and Shipping Services Franchises.
Note on Frankston Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Frankston.
Make Sure You Have a Business Plan
Having a business plan is vital 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. Not having a business plan makes you more prone to becoming a business failure statistic.
To learn more about business plans, read The Art of the Executive Summary. You can also get face-to-face free consulting available from your local SCORE chapter in Texas.
Marketing Your New Venture
Whether your goal is to attract Frankston customers or you plan on selling elsewhere, you need a solid marketing plan.
We have some great resources on this site for entrepreneurs who are working on marketing plans. Six Tips for Getting Customer Testimonials is a good read to get your marketing juices flowing. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.
Building Up Your Sales
Being able to sell is critical to your business success. Whether you are focused on selling local customers in Frankston or are selling to customers throughout Texas, 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.
Writing Great Proposals 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.
Next Steps
You have a dream -- starting a business in Frankston. To achieve your dream, you have to persevere, even when the odds are against you.
From this point on, you control your own destiny.
This site is all about helping entrepreneurs in Frankston and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Frankston, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Frankston, Texas
Here are more links that we believe will help you be successful in starting a business in Frankston.
- Resources for Frankston, Texas Entrepreneurs - Browse a variety of resources we've collected to assist Frankston 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.
- Frankston, Texas Newspaper Ad Rates - This is a nearly comprehensive list of advertising rates for Frankston, Texas newspapers, including ad costs for newspapers serving the Frankston area.
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