January 17, 2021  
 
  Entrepreneurial Resources - Advice for Texas Entrepreneurs  
  Bullard, Texas Resources for Entrepreneurs  
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Open a Business in Bullard, Texas

Need help starting a business in Bullard, Texas? We've got the information you need to open a business in Bullard.

What Business Are You Starting?

An important decision is what kind of business you want to start. We recommend that you read Finding Your Niche in Life.

For in-depth how-to guides on how to start specific businesses, browse our Good Businesses to Start section of our site. For example, you might be interested in our Opening a Computer Cable & Wire Installation Business guide or our Opening a Structural Steel Contractors Business guide.

Remember that you are opening your new business in Bullard. If Bullard already has plenty of the kind of business you want to start, you might want to change your plans. Don't forget to review Bullard demographics to see if there's a market for what you want to sell.

Bullard, Texas Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 236
5-9 Employees 63
10-19 Employees 36
20-49 Employees 21
50-99 Employees 9
100-249 Employees 0
250-499 Employees 0
500-999 Employees 0
1000+ Employees 0
All Bullard Businesses 365

As a new Bullard entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Bullard 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
Appliance Repair and Maintenance 1
Child Day Care Services 1
Commercial Lithographic Printing 1
Community Food Services 1
Court Reporting and Stenotype Services 1
Educational Support Services 1
Electrical Contractors 2
Elementary and Secondary Schools 1
Family Clothing Stores 1
Fitness and Recreational Sports Centers 1
Flooring Contractors 1
Florists 1
Framing Contractors 1
Full-Service Restaurants 3
Furniture Stores 1
General Automotive Repair 2
General Freight Trucking, Local 1
Golf Courses and Country Clubs 3
Hardware Stores 1
Insurance Agencies and Brokerages 3
Investment Advice 1
Land Subdivision 1
Landscaping Services 3
Libraries and Archives 1
Limited-Service Restaurants 4
Manufactured (Mobile) Home Dealers 2
Masonry Contractors 2
Office Administrative Services 1
Offices of Dentists 1
Offices of Lawyers 1
Open-End Investment Funds 1
Pharmacies and Drug Stores 1
Recreational Goods Rental 1
Residential Remodelers 2
Securities Brokerage 1
Security Guards and Patrol Services 1
Site Preparation Contractors 3
Snack and Nonalcoholic Beverage Bars 1
Tile and Terrazzo Contractors 1
Video Tape and Disc Rental 1
Water Supply and Irrigation Systems 1
Wired Telecommunications Carriers 1
Wood Container and Pallet Manufacturing 2

Naming the Company

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.

Pick a company name that isn't too generic. If you do a search engine search for your proposed name and a billion results come up, you may want to reconsider the name. It's much easier to come up in the search engines when your name is fairly unique.

For other considerations regarding naming a company, we recommend this article: Naming a Business.

There's one other important factor when naming a business. Since you are starting a business in Bullard, it's critical that you ensure that your company name has not already been claimed by another Texas business.

Forming a Company in Bullard, Texas

It's very important that you form your business as a legal structure. 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.

Incorporation 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. If you are starting a business in Texas, you don't necessarily have to incorporate in Texas. As it turns out, 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 Piercing the Corporate Veil. You should also consider getting professional assistance from your business lawyer. On a final note, since you will be starting a business in Bullard, Texas, our web page covering Incorporating in Texas may be a useful resource if you decide to incorporate in Texas.

Getting Money to Start a Business

Raising money to fund your new Bullard business requires strong organization skills and perseverance. The reality is that there is very little funding available for new small businesses, and you have to explore every possible alternative.

To learn about raising money, we recommend you read the fundraising articles on our site, such as 504 Loans.

For Bullard entrepreneurs on the hunt for startup funding, you'll want to take a look at our List of Texas Angel Investors and our List of Texas Venture Capital Firms.

How to Improve Your Entrepreneurial Abilities

Good entrepreneurs recognize that they don't know everything.

Given that you are starting a business in Bullard, Texas, you should check out some of the learning programs at local Texas educational institutions. You should also check if there are any networking organizations for Bullard entrepreneurs.

Next Steps

As an entrepreneur in Bullard, 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.

We are here to help Bullard businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Bullard, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Bullard, Texas

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

 

 

Additional Resources for Entrepreneurs

Buying a Business

Writing a Business Plan

Raising Money

Incorporate

Small Business Marketing

Advertising Advice

Public Relations -

Customer Service Tips

Entrepreneurial Selling

Workplace Safety