Oklahoma Business Startup Guides

Starting a Business in Lindsay, Oklahoma

Thinking about starting a business in Lindsay, Oklahoma? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Lindsay.

Do You Have Entrepreneurial Drive and Passion?

Running your own business is hard work, much more arduous than working as an employee. Are you certain you are ready to take on this challenge?

To determine whether you have what it takes to run a business, we recommend these three steps to help you decide:

  • Talk to other entrepreneurs in Lindsay. Get their candid feedback on what it takes to start a successful business.
  • We recommend reading Should You Become an Entrepreneur?. For aspiring new entrepreneurs, it's a must read article.
  • Have a candid conversation with friends and family. A support network of family and friends can be a great sounding board for good advice before you decide for sure to go into business.

Lindsay, Oklahoma Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
1315
5-9 Employees
645
10-19 Employees
210
20-49 Employees
270
50-99 Employees
135
100-249 Employees
15
250-499 Employees
0
500-999 Employees
0
1000+ Employees
0
All Lindsay Businesses
2590

As a new Lindsay entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Lindsay 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 Parts and Accessories Stores
1
Business Associations
1
Carpet and Upholstery Cleaning Services
1
Commercial Lithographic Printing
1
Computer Systems Design Services
1
Continuing Care Retirement Communities
1
Convenience Stores
1
Directory and Mailing List Publishers
1
Discount Department Stores
1
Drilling Oil and Gas Wells
1
Electric Power Distribution
1
Family Clothing Stores
1
Fitness and Recreational Sports Centers
1
Florists
2
Full-Service Restaurants
2
Funeral Homes and Funeral Services
1
General Automotive Repair
3
General Freight Trucking, Local
1
General Rental Centers
1
Home Health Care Services
1
Human Rights Organizations
1
Insurance Agencies and Brokerages
3
Janitorial Services
1
Limited-Service Restaurants
2
Machine Shops
1
Motor Vehicle Towing
1
New Car Dealers
1
Newspaper Publishers
1
Office Administrative Services
1
Offices of Certified Public Accountants
2
Offices of Chiropractors
1
Offices of Dentists
1
Offices of Optometrists
1
Painting and Wall Covering Contractors
2
Periodical Publishers
1
Petroleum Bulk Stations and Terminals
2
Pharmacies and Drug Stores
1
Portfolio Management
1
Precision Turned Product Manufacturing
1
Roofing Contractors
1
Sales Financing
1
Site Preparation Contractors
2
Tire Dealers
1
Travel Agencies
1
Veterinary Services
3
Video Tape and Disc Rental
1

What About Franchising Opportunities?

Visit the business district of Lindsay and it's apparent that franchising has become a very popular way to start a business. Would going with a franchise be a good idea for you?

Our advice is to consider franchising as an option. This site has dozens of articles on franchising, such as Protecting Your Franchise Territory. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.

You can review hundreds of franchise opportunities by browing our Franchise Directory.

Sample franchise opportunities include Pearle Vision and Mocha Delites Inc.. Alternatively, you can browse franchise categories, such as Wedding Franchises and Food and Drink Franchises.

Note on Lindsay Franchise Opportunities: To find out if a franchise you are interested in is available in Lindsay, you will need to get in direct contact with the franchisor.

Forming a Company in Lindsay, Oklahoma

It's very important that your business is formed as a legal entity that is separate from its owners. Doing so will shield you from personal liability for business debts and obligations.

The entity you form can be a corporation, LLC, sole proprietorship, partnership or other structure.

Incorporating is a very common way to legally create a business entity. 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. If you are starting a business in Oklahoma, it doesn't mean you are required to incorporate in Oklahoma. As it turns out, you can incorporate wherever you want. For example, it's very popular to incorporate in Delaware, and incorporating in Nevada has become very trendy as well. Don't forget, though, that you will have to register as a foreign entity in all states that you do business in.

There are many nuances to forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Corporate Formalities. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Lindsay, Oklahoma, our information on Incorporating in Oklahoma may be a useful resource if you decide to incorporate in Oklahoma.

Getting the Word Out About Your New Startup

Whether your goal is to attract Lindsay customers or you plan on selling elsewhere, you need a great marketing plan.

We have some helpful resources on this site for entrepreneurs who are working on marketing plans. Business Cards is an article that will generate a few thoughts on your marketing plan. That's just one of the many useful articles we have on Marketing a Small Business.

Bring in Revenues

Do you know how to sell? In order to attract customers to your new Lindsay business, you need to focus on sales.

So what does it take to bring in more prospects and close more business? The good news is we can help you to make selling a big competitve advantage for your new firm.

Anticipating Prospect Responses 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.

Now It's Up To You

As an entrepreneur in Lindsay, you won't be working for the boss anymore. You are the boss.

From this point on, you control your own destiny.

Our goal here is to promote the vitality and growth of small businesses in Lindsay and throughout the United States . We want to be there for you to answer your business questions, whether you are a new Lindsay 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 Lindsay, Oklahoma

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

More Business Startup Guides for Oklahoma

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