Texas Business Startup Guides
Open a Business in Trenton, Texas
Need help starting a business in Trenton, Texas? We've got the information you need to open a business in Trenton.
Are You Ready for Entrepreneurship?
An entrepreneurial life is difficult, much harder than working as an employee. Are you sure you have the stamina and skills to succeed on your own?
Here are three things we recommend you do before you fully commit to starting a new business of your own.
- Talk to other entrepreneurs in Trenton. Listen closely to their experiences and see if you think you too can be successful.
- We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
- Get feedback from somebody whom you trust. 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.
Trenton, Texas Demographic Information
Trenton has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Trenton demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Trenton.
Businesses
As a new Trenton entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Trenton 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 big decision when starting a company is choosing a company name. Believe it or not, choosing a good company name can be a big contributor to your business success.
Companies like Starbucks, Apple, Target, Microsoft and Intuit all have strong company names that are easy to remember and have become well-loved brands. Wouldn't it be nice if your new company name got on a similar track?
Numerous company naming issues are discussed in more detail in this article: Branding Advice.
As a final piece of advice, remember that because you are opening a business in Trenton, it's critical that you ensure that no other Texas company is using the business name you want to use.
Company Formation in Trenton, Texas
It's essential that you choose the right legal structure for your new entity. The main advantage of forming your new business as a legal entity is that it separates your business liabilities from your personal liabilities.
The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporating is a very common way to legally create a business entity. Of course, you have to decide which type of corporation to form and where to incorporate. Just because you are starting a business in Texas, it doesn't mean you are required to incorporate in Texas. In fact, you can incorporate in any state you would like to. 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 Corporate Formalities. You should also consider getting professional assistance from your business lawyer. Finally, if you are starting a business in Trenton, Texas, our information on Incorporating in Texas may be a useful resource if you decide to incorporate in Texas.
Don't Forget to Create a Business Plan
Creating a business plan is critical to the health of your new business. Indeed, your business plan is your game plan for how you hope to grow your business. Failure to write a business plan
To learn more about business plans, read Business Plan Contests. You should also take advantage of face-to-face free consulting available from your local SCORE chapter in Texas.
Building Up Your Sales
Do you know how to sell? In order to attract customers to your new Trenton business, you need to focus on sales.
The key to selling is to set sales goals goals and monitor your progress towards those goals. Fortunately, we've got plenty of good advice to help you improve your selling skills.
Cold Call Selling offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.
Advancing Your Entrepreneurial Skills
Good entrepreneurs know that they need to continually improve.
With your business being located in Trenton, Texas, you will want to take advantage of the learning programs at local Texas educational institutions. It's also smart to see if there are any networking organizations for Trenton entrepreneurs.
Never Give Up
As an entrepreneur in Trenton, you won't be working for the boss anymore. You are the boss.
If you choose the right business and love what you do, you will greatly increase your odds of success.
This site is all about helping entrepreneurs in Trenton and elsewhere to achieve real success. We have a wealth of experience in business start-ups, financing, marketing, sales and more...and we've made all of our knowledge available to you.
More Entrepreneurial Resources for Starting a Business in Trenton, Texas
Here are more links that we believe will help you be successful in starting a business in Trenton.
- Resources for Trenton, Texas Entrepreneurs - Browse a variety of resources we've collected to assist Trenton 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.
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