Texas Business Startup Guides
Start a Business in Azle, Texas
Are you starting a business in Azle, Texas? This article discusses the most important things to consider when opening a business in Azle.
Do You Have Entrepreneurial Drive and Passion?
Before you get too far along in the process, assess 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.
- Speak with other entrepreneurs in Azle. Get their candid feedback on what it takes to start a successful business.
- 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. 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.
Azle, Texas Demographic Information
Azle has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Azle demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Azle.
Businesses
As a new Azle entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Azle 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
Should You Franchise?
Visit the business district of Azle and you'll notice that many local entrepreneurs have gone the franchising route. Should you be giving franchising serious consideration?
We highly recommend you look into purchasing a franchise. We have many articles on franchises, such as Costs of Franchise Ownership. Become a franchising expert of sorts by reading more of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Sample franchise opportunities include Pro-Cuts and Goin' Postal. Alternatively, you can browse franchise categories, such as Car Wash Franchises and Moving Franchises.
Note on Azle Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Azle.
Picking a Company Name
Making the right decision when choosing a company name is very important. There are many decisions you'll make now that you can change later, but changing a company name years down the road is not very easy. So, choose a good company name at the outset.
Even if the name doesn't do it by itself, many naming experts believe there should be a story behind the name that ties into your company mission.
For other considerations regarding naming a company, we recommend this article: Branding Advice.
On a final note, given that you are planning on starting a business in Azle, it's very important that you make sure your company name has not already been claimed by another Texas business.
Forming a Company in Azle, Texas
It's very important that you choose the right legal structure for your new entity. Among other things, forming a legal entity for the business limits your liabilities.
When forming a company, you will pick from many company types, such as 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. 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 Texas, you don't necessarily have to incorporate in Texas. In fact, you can incorporate in the state of your choosing. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.
There are many nuances to forming a company. To learn the fundamentals of company formation, browse articles on our site, such as Why Incorporate in Delaware. You should also consider getting professional assistance from your business lawyer. On a final note, since you will be starting a business in Azle, Texas, our web page covering Incorporating in Texas may be a useful resource if you decide to incorporate in Texas.
Do You Need a Business Plan?
Having a business plan is essential in maximizing the prospects of your new company. Simply put, a business plan is a written description of the future you envision for your business. Not having a business plan makes you more prone to becoming a business failure statistic.
Before you start writing a business plan, we suggest you skim Business Plan Mistakes. You can also get free counseling sessions provided by your local SCORE chapter in Texas.
The Art of Selling
Being able to sell is critical to your business success. Whether you are focused on selling local customers in Azle or are selling to customers throughout Texas, the United States or even the world, you have to be able to sell.
Why should customers buy from you instead of buying from competitors? The good news is we can help you to make selling a big competitve advantage for your new firm.
Cold Call Selling is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.
Now It's Up To You
You have a dream -- starting a business in Azle. To achieve your dream, you have to persevere, even when the odds are against you.
From this point on, you control your own destiny.
Our goal here is to promote the vitality and growth of small businesses in Azle and throughout the United States . We believe entrepreneurship is an amazing engine for job creation in Azle, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Azle, Texas
Here are more links that we believe will help you be successful in starting a business in Azle.
- Resources for Azle, Texas Entrepreneurs - Browse a variety of resources we've collected to assist Azle 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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