Oklahoma Business Startup Guides

Opening a Business in Hinton, Oklahoma

Contemplating starting a business in Hinton, Oklahoma? We walk you through the process of opening a business in Hinton.

What Type of Business Should You Start?

An important decision is what kind of business you want to start. We recommend that you read How to Evaluate a Business Idea.

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 an Entertainers Business guide or our How to Start a Water Recycling & Pretreatment Business guide.

Don't forget that you are starting a business in Hinton. Think about what needs are currently being underserved in Hinton. Don't forget to review Hinton demographics to see if there's a market for what you want to sell.

Hinton, Oklahoma Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
306
5-9 Employees
144
10-19 Employees
99
20-49 Employees
72
50-99 Employees
9
100-249 Employees
9
250-499 Employees
0
500-999 Employees
0
1000+ Employees
0
All Hinton Businesses
639

As a new Hinton entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Hinton 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
Building Inspection Services
1
Cable and Other Program Distribution
1
Child Day Care Services
2
Civic and Social Organizations
1
Facilities Support Services
1
Finish Carpentry Contractors
1
Floor Covering Stores
1
Full-Service Restaurants
1
Funeral Homes and Funeral Services
1
Furniture Stores
1
Hardware Stores
1
Insurance Agencies and Brokerages
3
Limited-Service Restaurants
1
New Car Dealers
1
Offices of Bank Holding Companies
1
Offices of Certified Public Accountants
1
Offices of Chiropractors
2
Pharmacies and Drug Stores
1
Remediation Services
2
Tobacco Stores
1
Veterinary Services
2
Wired Telecommunications Carriers
1
Women's Clothing Stores
1

What About Buying an Existing Hinton Business?

If you have some capital to play with, you may want to Buy a Business in Oklahoma. Follow that link and you may find several good businesses for sale in Hinton.

For anybody who wants to buy a business, we recommend reading this useful article: Hold Harmless Agreements When Buying Businesses.

Forming a Company in Hinton, Oklahoma

It's very important that your business is formed as a legal entity that is separate from its owners. Doing so will shield you from personal liability for business debts and obligations.

When forming a company, you will pick from many company types, such as a corporation, LLC, sole proprietorship, partnership or other structure.

Incorporating 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, you don't necessarily have to incorporate in Oklahoma. As it turns out, you can incorporate wherever you want. For example, it's very popular to incorporate in Delaware, and incorporating in Nevada has become very trendy as well. Don't forget, though, that you will have to register as a foreign entity in all states that you do business in.

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 may also want to seek the advice of an lawyer. On a final note, since you will be starting a business in Hinton, Oklahoma, our web page covering Incorporating in Oklahoma may be a useful resource if you decide to incorporate in Oklahoma.

Marketing Your New Venture

To rise above the crowd in Hinton and build your business, you need a solid marketing plan.

There are myriad resources on this site to help you with your marketing plan. Marketing Basics is a good read to get your marketing juices flowing. That's just a sampling of the many useful articles we have on Marketing a Small Business.

Learning More About Entrepreneurship

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

As an entrepreneur who lives in Hinton, Oklahoma, you should check out some of the many programs available at nearby Oklahoma universities, colleges and community colleges. Another way to keep up on your entrepreneurial education is to investigate networking groups or organizations in which Hinton entrepreneurs get together to network and trade their business experiences.

Next Steps

You have a dream -- starting a business in Hinton. To achieve your dream, you have to persevere, even when the odds are against you.

From this point on, you control your own destiny.

Our goal here is to promote the vitality and growth of small businesses in Hinton and throughout the United States . We believe entrepreneurship is an amazing engine for job creation in Hinton, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Hinton, Oklahoma

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

More Startup Articles for Oklahoma Cities

Starting a Business in Henryetta
Starting a Business in Hobart

Browse All Business Startup Guides for Oklahoma
Starting a Business Guides for Other States

 

 

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary