October 28, 2014  
 
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Starting an Oil & Gas Field Services & Supplies Business

Launching an oil and gas field services and supplies business is a rewarding experience if you do it right. This article contains a friendly, comprehensive guide that instructs you on how to start your business.

Wondering how to start an oil and gas field services and supplies business? We take you step-by-step from start to success.
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How to Write a Simple Oil & Gas Field Services & Supplies Company Business Plan

Haven't created a business plan for your oil and gas field services and supplies business yet? You could be in big trouble.

Rather than avoiding your business plan, keep your business plan simple. Ultimately, your business plan is intended to be a resource for you, the business owner.

Instead of investing countless hours in a lengthy business plan, put pen to paper now and document the essentials with the understanding that your plan will be revised as you move forward.

Investigate the Competition

Well in advance of opening an oil and gas field services and supplies business in your town, it's worthwhile to see how you will fit in the competitive landscape. Use the link below to generate a list of competitors near you. After clicking on the link, type in your city, state and zip code to get a list of oil and gas field services and supplies businesses near you.

Is the established competition doing a good job? It's important to understand their strengths and weaknesses and think through how you'll stake up against those established businesses.

Learn from Others Who Are Already In This Space

If you are seriously contemplating launching an oil and gas field services and supplies business, it's a smart move to have a conversation with someone who is in the business. If you think your local competitors will give you advice, you're being overoptimistic. The last thing they want to do is help you to be a better competitor.

However, an entrepreneur who owns an oil and gas field services and supplies business in a different city may be willing to share their entrepreneurial wisdom with you, after they realize you reside far away from them and won't be stealing their local customers. Many business owners are happy to give advice to new entrepreneurs If you are persistent, you can find a business mentor who is willing to help you out.

Do you know how to find an oil and gas field services and supplies business founder who is willing to advise you because you live in different cities?

No problem! Just use the link below and try a random city/state or zipcode. Then start dialing for advice until you are successful.

Why You Should Buy (Instead of Start) an Oil & Gas Field Services & Supplies Business

We know . . . From the time you were a kid you dreamed about starting a business from scratch and growing it to a position of market dominance.

Yet a healthier and safer strategy may be to purchase an existing oil and gas field services and supplies business.

When you buy an existing company, you get a functional (and presumably profitable) company from day one. And that's not to mention the fact that a purchase let's you avoid the trial-and-error mistakes that are common in startups.

Franchising May Be a Better Way to Go

If you don't want to have to do everything on your own, you ought to think about becoming a franchisee.

If you are thinking about opening an oil and gas field services and supplies business, you should assess whether there are good franchise opportunities available that might be the right move for you.

The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.

Related Articles on Starting a Company

These additional resources regarding getting started as an entrepreneur may be of interest to you.

Free Business Plan Templates

Recurring Revenue Business Models

Starting a Business


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What's your experience with trying to open an oil and gas field services and supplies business? The small business owners who read this article after you will appreciate your helpful insights.


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Already Own an Oil & Gas Field Services & Supplies Business?

If you currently own an oil and gas field services and supplies business, these resources will come in handy:

Marketing an Oil and Gas Field Services and Supplies Business

Selling an Oil and Gas Field Services and Supplies Business

Do You Sell to Oil & Gas Field Services & Supplies Businesses?

If you sell to oil and gas field services and supplies businesses, this isn't the right place for you. These resources are more appropriate for you:

Selling to Oil and Gas Field Services and Supplies Businesses

Mailing Lists for Oil and Gas Field Services and Supplies Businesses

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