January 24, 2021  
 
  Entrepreneurial Resources - Advice for Oklahoma Entrepreneurs  
  Cleveland, Oklahoma Resources for Entrepreneurs  
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Start a Business in Cleveland, Oklahoma

Are you starting a business in Cleveland, Oklahoma? This article discusses the most important things to consider when opening a business in Cleveland.

Cleveland, Oklahoma Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 4743
5-9 Employees 1683
10-19 Employees 459
20-49 Employees 561
50-99 Employees 255
100-249 Employees 0
250-499 Employees 0
500-999 Employees 0
1000+ Employees 0
All Cleveland Businesses 7701

As a new Cleveland entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Cleveland 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
Automotive Parts and Accessories Stores 1
Boat Dealers 1
Child Day Care Services 2
Consumer Lending 2
Court Reporting and Stenotype Services 1
Custom Computer Programming Services 1
Diagnostic Imaging Centers 1
Discount Department Stores 1
Drilling Oil and Gas Wells 1
Drinking Places (Alcoholic Beverages) 1
Electric Power Distribution 2
Electrical Contractors 5
Engineering Services 1
Family Clothing Stores 1
Farm Supplies Merchant Wholesalers 1
Finish Carpentry Contractors 1
Floor Covering Stores 1
Florists 1
Full-Service Restaurants 4
Funeral Homes and Funeral Services 1
Furniture Stores 2
General Automotive Repair 1
General Medical and Surgical Hospitals 1
Gift, Novelty, and Souvenir Stores 1
Golf Courses and Country Clubs 1
Graphic Design Services 1
Industrial Valve Manufacturing 1
Insurance Agencies and Brokerages 5
Lessors of Other Real Estate Property 1
Limited-Service Restaurants 4
Machine Shops 1
New Car Dealers 1
Newspaper Publishers 1
Office Administrative Services 1
Offices of Certified Public Accountants 2
Offices of Chiropractors 2
Offices of Dentists 2
Offices of Lawyers 3
Offices of Optometrists 1
Painting and Wall Covering Contractors 1
Perishable Prepared Food Manufacturing 1
Pharmacies and Drug Stores 1
Photography Studios, Portrait 1
Pipeline Transportation of Natural Gas 1
Securities Brokerage 1
Snack and Nonalcoholic Beverage Bars 2
Tire Dealers 1
Vending Machine Operators 1
Veterinary Services 1
Video Tape and Disc Rental 2
Vocational Rehabilitation Services 1
Wired Telecommunications Carriers 1

Should You Franchise?

As you drive around Cleveland, you may be surprised to see how many franchises there are in the area. But is franchising the right option for you?

We advise the entrepreneurs we work with to evaluate the possibility of your buying a franchise opportunity. To help you learn more about franchising, we've gathered a ton of articles on franchising, including Evaluating Franchise Opportunities. Become a franchising expert of sorts by reading more of our Articles on Franchising.

A comprehensive list of franchisors is available via our List of Franchise Opportunities.

Sample franchise opportunities include Sylvan Learning Center and Jerry's Curb Service. Alternatively, you can browse franchise categories, such as Bagel Franchises and eBay Franchises.

Note on Cleveland Franchise Opportunities: To find out if a franchise you are interested in is available in Cleveland, you will need to get in direct contact with the franchisor.

Is Buying an Existing Cleveland Business a Good Strategy?

We've created a helpful website page for those who want to Buy a Business in Oklahoma. Follow that link and you may find several good businesses for sale in Cleveland.

Before buying a business, be sure to read this article: Hold Harmless Agreements When Buying Businesses.

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.

Before you decide on a company name, run it by some prospective customers and see what they think. If they don't like it, it's probably a good idea to go back to the drawing board.

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 Cleveland, it's imperative that you check now that your company name has not already been claimed by another Oklahoma business.

Forming a Company in Cleveland, Oklahoma

It's essential that your business is formed as a legal entity that is separate from its owners. Without a legal structure for the business, you can be held personally liable for the actions, debts and obligations of your company.

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 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 Oklahoma, it doesn't mean you are required to incorporate in Oklahoma. In fact, you are allowed to incorporate wherever you want. 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 Dissolving a Corporation. You may also want to seek the advice of an attorney. On a final note, since you will be starting a business in Cleveland, Oklahoma, our web page covering Incorporating in Oklahoma may be a useful resource if you decide to incorporate in Oklahoma.

Letting the World Know You Exist

To rise above the crowd in Cleveland and build your business, you'll need to have a good marketing plan.

There are myriad resources on this site to help you with your marketing plan. Examples of Marketing Strategies 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 sampling of the many useful articles we have on Marketing a Small Business.

Now It's Up To You

Most new Cleveland businesses underestimate the number of challenges they will face.

If you choose the right business and love what you do, you will greatly increase your odds of success.

This site is all about helping entrepreneurs in Cleveland and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Cleveland entrepreneur who is just getting started or you are already up and running with your new venture.

More Entrepreneurial Resources for Starting a Business in Cleveland, Oklahoma

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

 

 

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