August 10, 2020  
 
  Entrepreneurial Resources - Advice for Texas Entrepreneurs  
  Fort Stockton, Texas Resources for Entrepreneurs  
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Start a Business in Fort Stockton, Texas

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

Is Becoming a Business Owner Right for You?

Being an entrepreneur is demanding, much harder than working as an employee. Are you certain you are ready to take on this challenge?

Here are three things we recommend you do before you fully commit to starting a new business of your own.

  • Talk to other entrepreneurs in Fort Stockton. 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.

Fort Stockton, Texas Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 360
5-9 Employees 186
10-19 Employees 132
20-49 Employees 54
50-99 Employees 6
100-249 Employees 12
250-499 Employees 3
500-999 Employees 0
1000+ Employees 0
All Fort Stockton Businesses 753

As a new Fort Stockton entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Fort Stockton 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 3
Beer, Wine, and Liquor Stores 1
Building Inspection Services 1
Business Associations 2
Child Day Care Services 1
Civic and Social Organizations 2
Claims Adjusting 1
Consumer Lending 5
Convenience Stores 2
Credit Unions 2
Direct Life Insurance Carriers 1
Discount Department Stores 2
Drilling Oil and Gas Wells 1
Drinking Places (Alcoholic Beverages) 2
Electric Power Distribution 3
Electrical Contractors 2
Electronic Shopping 1
Family Clothing Stores 1
Farm Labor Contractors and Crew Leaders 1
Fish and Seafood Markets 1
Fitness and Recreational Sports Centers 1
Floor Covering Stores 1
Full-Service Restaurants 10
Funeral Homes and Funeral Services 2
Furniture Stores 1
General Automotive Repair 5
General Freight Trucking, Local 1
General Medical and Surgical Hospitals 1
General Rental Centers 1
Home Centers 1
Home Health Care Services 1
Household Appliance Stores 1
Insurance Agencies and Brokerages 4
Internet Service Providers 1
Landscaping Services 1
Lessors of Other Real Estate Property 1
Limited-Service Restaurants 8
Livestock Merchant Wholesalers 1
Locksmiths 1
Mail-Order Houses 1
Manufactured (Mobile) Home Dealers 2
Meat Markets 1
Motor Vehicle Towing 1
Museums 1
Natural Gas Distribution 1
Natural Gas Liquid Extraction 2
New Car Dealers 2
Newspaper Publishers 1
Nursing Care Facilities 1
Offices of Certified Public Accountants 1
Offices of Chiropractors 1
Offices of Dentists 2
Offices of Lawyers 4
Offices of Optometrists 1
One-Hour Photofinishing 1
Petroleum Bulk Stations and Terminals 1
Pharmacies and Drug Stores 2
Pipeline Transportation of Natural Gas 1
Portfolio Management 1
Professional Organizations 1
Radio Stations 1
Real Estate Credit 1
Securities Brokerage 1
Shoe Stores 1
Site Preparation Contractors 2
Sporting Goods Stores 2
Tax Preparation Services 1
Testing Laboratories 1
Tire Dealers 3
Title Abstract and Settlement Offices 1
Tortilla Manufacturing 1
Travel Trailer and Camper Manufacturing 1
Veterinary Services 1
Video Tape and Disc Rental 2
Wineries 2
Wired Telecommunications Carriers 3
Women's Clothing Stores 2

Have You Considered Buying an Existing Fort Stockton Business?

An excellent way to get started in business is to Buy a Business in Texas. Follow that link and you may find several good businesses for sale in Fort Stockton.

For anybody who wants to buy a business, we recommend reading this useful article: Buying a Business.

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.

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.

To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Business.

There's one other important factor when naming a business. Since you are planning on starting a business in Fort Stockton, it's critical that you ensure that you will be the only Texas company using the business name you have chosen.

Raising Funding for Your Venture

Finding the funds to fuel the growth of your Fort Stockton business is a difficult chore. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.

To learn about raising money, we recommend you read the fundraising articles on our site, such as Business Line of Credit.

For Fort Stockton entrepreneurs with great ambition but a shortage of investment capital, check out our List of Texas Angel Investors and our List of Texas Venture Capital Firms.

Letting the World Know You Exist

To rise above the crowd in Fort Stockton and accelerate 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. Making the Most of Trade Shows is an article that will generate a few thoughts on your marketing plan. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.

The Art of Selling

Do you know how to sell? In order to attract customers to your new Fort Stockton business, you need to focus on sales.

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.

Closing Sales is worth reading, as it may give you some good ideas on how to sell your products or services. We have many more good articles on selling that you may enjoy reading.

Moving Forward

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

Owning your own business will be a daunting task, but you can do it.

This site is all about helping entrepreneurs in Fort Stockton and elsewhere to achieve real success. We have a wealth of experience in business start-ups, financing, marketing, sales and more...and we've made all of our knowledge available to you.

More Entrepreneurial Resources for Starting a Business in Fort Stockton, Texas

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

 

 

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