Texas Business Startup Guides
Start a Business in Baytown, Texas
Are you starting a business in Baytown, Texas? This article discusses the most important things to consider when opening a business in Baytown.
What Type of Business Should You Start?
Choosing a business that is right for you is very important. You might get some good ideas about what kind of business to start by reading Business Ideas That Don't Make Sense.
For step-by-step instructions on starting a variety of business types, visit the Good Businesses to Start section of our site. For example, you might be interested in our Opening a Chairs Retail Business guide or our How to Start an Elevators Residential Business guide.
Always keep in mind that your new startup will be located in Baytown. Think about what needs are currently being underserved in Baytown. Make sure you fully understand Baytown demographics before you lock in on your business idea.
Baytown, Texas Demographic Information
Baytown has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Baytown demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Baytown.
As a new Baytown entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Baytown 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.
Naming the Business
A good company name can give a big boost to a new startup. It might seem like an easy thing to do, but there are many things to consider when naming a business.
Company names need to be easy to spell, easy to pronounce, and easy to remember.
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Company.
As a final piece of advice, remember that because you are planning on starting a business in Baytown, it's imperative that you check now that no other Texas company is using the business name you want to use.
Forming a Company in Baytown, Texas
A critical step is ensuring that you form your business as a legal structure. Doing so will shield you from personal liability for business debts and obligations.
The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporation is a very popular way to form a business. Of course, you have to decide which type of corporation to form and where to incorporate. If you are starting a business in Texas, it doesn't mean you are required 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. We recommend you read some of the educational articles about company formation that are availabe on our site, such as How to Incorporate. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Baytown, Texas, our information on Incorporating in Texas may be a useful resource if you decide to incorporate in Texas.
Don't Skip the Business Plan
A business plan is vital in laying a solid foundation for your business success. In effect, a business plan describes what you plan to do with the business and how you plan to do it. Not having a business plan is a recipe for disaster.
To learn more about business plans, read Business Plan Contests. A great resource for business planning assistance is the face-to-face free consulting available from your local SCORE chapter in Texas.
Marketing Your New Company
Whether your goal is to attract Baytown customers or you plan on selling elsewhere, having an excellent marketing plan is fundamental to your successs.
You can learn quite a bit about marketing on our site. Conducting Sweepstakes and Contests discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. That's just a taste of the many useful articles we have on Marketing a Small Business.
Ramping Up Sales
Mastering the art of selling is priority one if you want your new Baytown business to do well.
Good selling involves demonstrating that your wares meet your customer's needs. Let us help you refine your selling techniques through our many useful sales advice tips.
Most new Baytown businesses underestimate the number of challenges they will face.
From this point on, you control your own destiny.
This site is all about helping entrepreneurs in Baytown and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Baytown, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Baytown, Texas
Here are more links that we believe will help you be successful in starting a business in Baytown.
- Resources for Baytown, Texas Entrepreneurs - Browse a variety of resources we've collected to assist Baytown 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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