January 18, 2021  
  Entrepreneurial Resources - Advice for Oklahoma Entrepreneurs  
  Chelsea, Oklahoma Resources for Entrepreneurs  
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Open a Business in Chelsea, Oklahoma

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

Is Becoming a Business Owner Right for You?

Being an entrepreneur is difficult, and can be orders of magnitude more strenuous than working as an employee. Are you certain you have the stamina and skills to succeed on your own?

With so much at stake when you start a business, we strongly recommend you do the following before you proceed:

  • Talk to other entrepreneurs in Chelsea. Get their take on what it's really like to be an entrepreneur.
  • We recommend reading Characteristics of Successful Entrepreneurs. For aspiring new entrepreneurs, it's a must read article.
  • Seek the advice of somebody who knows you well. That's the best way to get a truly objective assessment as to whether others think you have what it takes.

Choosing the Right Company to Start

An important decision is what kind of business you want to start. You might get some good ideas about what kind of business to start by reading Business Ideas That Don't Make Sense.

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 How to Start a Concrete Pumping Service & Equipment Business guide or our How to Start a Real Estate Agents, Agencies & Property Sales Business guide.

Remember that Chelsea is the place where you are starting a business. Some businesses will do better in Chelsea than others. Make sure you fully understand Chelsea demographics before you lock in on your business idea.

Chelsea, Oklahoma Demographic Information

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

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

Business Size# of
1-4 Employees 930
5-9 Employees 108
10-19 Employees 126
20-49 Employees 126
50-99 Employees 36
100-249 Employees 0
250-499 Employees 0
500-999 Employees 0
1000+ Employees 0
All Chelsea Businesses 1326

As a new Chelsea entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Chelsea 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
Animal (except Poultry) Slaughtering 1
Child Day Care Services 1
Civic and Social Organizations 1
Electrical Contractors 2
Engineering Services 1
Finish Carpentry Contractors 2
Flooring Contractors 1
Framing Contractors 1
Full-Service Restaurants 2
Insurance Agencies and Brokerages 2
Iron Foundries 1
Janitorial Services 1
Landscaping Services 1
Livestock Merchant Wholesalers 1
Machine Shops 2
Newspaper Publishers 1
Nursing Care Facilities 1
Offices of Dentists 2
Offices of Optometrists 1
Petroleum Refineries 1
Pharmacies and Drug Stores 1
Public Relations Agencies 1
Roofing Contractors 1
Site Preparation Contractors 2
Solid Waste Collection 1
Veterinary Services 1
Vocational Rehabilitation Services 1
Wired Telecommunications Carriers 1

Selecting a Name For Your Venture

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.

Numerous company naming issues are discussed in more detail in this article: Naming a Company.

On a final note, given that you are starting a business in Chelsea, it's critical that you ensure that no other Oklahoma company is using the business name you want to use.

Startup Financing Basics

Getting your Chelsea business the capital it needs to succeed is a difficult chore. In fact, financing your new business may be the hardest challenge you ever face.

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

For Chelsea entrepreneurs on the hunt for startup funding, check out our List of Oklahoma Angel Investors and our List of Oklahoma Venture Capital Firms.

Increase Your Entrepreneurial Knowledge

Good entrepreneurs know that what they know now may not be enough to ensure their future success.

As an entrepreneur who lives in Chelsea, Oklahoma, you will want to take advantage of the learning programs at local Oklahoma educational institutions. It's also beneficial to see if there are any networking organizations for Chelsea entrepreneurs.

Moving Forward

As an entrepreneur in Chelsea, you won't be working for the boss anymore. You are the boss.

From this point on, you control your own destiny.

This site is all about helping entrepreneurs in Chelsea and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Chelsea, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Chelsea, Oklahoma

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



Additional Resources for Entrepreneurs

Buying a Business

Writing a Business Plan

Raising Money


Small Business Marketing

Advertising Advice

Public Relations -

Customer Service Tips

Entrepreneurial Selling

Workplace Safety