August 8, 2020  
 
  Entrepreneurial Resources - Advice for Texas Entrepreneurs  
  Mercedes, Texas Resources for Entrepreneurs  
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Starting a Business in Mercedes, Texas

Thinking about starting a business in Mercedes, Texas? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Mercedes.

Are You Ready for the Challenges of Being an Entrepreneur?

An entrepreneurial life is hard work, and can be orders of magnitude more strenuous than working as an employee. Are you sure you want to start a business?

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 Mercedes. Listen closely to their experiences and see if you think you too can be successful.
  • We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
  • Get feedback from somebody whom you trust. Ask them directly: Do I have what it takes to be an entrepreneur? Listen carefully to their answer, as they presumably know your strengths and weaknesses.

Mercedes, Texas Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 302
5-9 Employees 150
10-19 Employees 87
20-49 Employees 60
50-99 Employees 15
100-249 Employees 12
250-499 Employees 3
500-999 Employees 0
1000+ Employees 0
All Mercedes Businesses 629

As a new Mercedes entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Mercedes 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
Animal (except Poultry) Slaughtering 1
Appliance Repair and Maintenance 1
Automotive Parts and Accessories Stores 6
Beauty Salons 1
Boat Dealers 1
Business Associations 1
Caterers 1
Cemeteries and Crematories 1
Child Day Care Services 5
Civic and Social Organizations 1
Community Food Services 1
Consumer Lending 3
Convenience Stores 5
Diagnostic Imaging Centers 1
Drinking Places (Alcoholic Beverages) 2
Electric Power Distribution 1
Electrical Contractors 1
Elementary and Secondary Schools 3
Engineering Services 1
Exterminating and Pest Control Services 1
Family Clothing Stores 1
Florists 1
Full-Service Restaurants 5
Funeral Homes and Funeral Services 2
Furniture Stores 1
General Automotive Repair 2
General Warehousing and Storage 1
Glass and Glazing Contractors 1
Golf Courses and Country Clubs 2
Hardware Stores 1
Home Health Care Services 4
Homes for the Elderly 1
Industrial Launderers 1
Insurance Agencies and Brokerages 2
Jewelry Stores 1
Lessors of Other Real Estate Property 3
Limited-Service Restaurants 5
Machine Shops 2
Meat Markets 1
New Car Dealers 1
Newspaper Publishers 1
Offices of Dentists 2
Offices of Lawyers 2
Pharmacies and Drug Stores 3
Political Organizations 1
Residential Property Managers 1
Retail Bakeries 2
Tax Preparation Services 2
Testing Laboratories 1
Used Car Dealers 7
Video Tape and Disc Rental 1
Vocational Rehabilitation Services 1
Wholesale Trade Agents and Brokers 3
Wired Telecommunications Carriers 1

Have You Considered Buying an Existing Mercedes Business?

If you have some capital to play with, you may want to Buy a Business in Texas. Follow that link and you can assess several good businesses for sale in Mercedes.

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

Do You Need a Business Plan?

A business plan is critical in maximizing the prospects of your new company. Indeed, a business plan describes what you plan to do with the business and how you plan to do it. Failure to write a business plan is a recipe for disaster.

If writing a business plan is on your to-do list, be sure to read Business Plan Contests. You should also take advantage of face-to-face free consulting available from your local SCORE chapter in Texas.

Raising Capital for Your Startup

Getting your Mercedes business the capital it needs to succeed is very difficult due to the ongoing business credit crunch. 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 Microlending as a Small Business Funding Source.

For Mercedes entrepreneurs who want to raise money for a new venture, check out our List of Texas Angel Investors and our List of Texas Venture Capital Firms.

Improving Your Entrepreneurial Skillset

Good entrepreneurs know that they don't know everything.

As an entrepreneur who lives in Mercedes, Texas, you will want to take advantage of the many programs available at nearby Texas universities, colleges and community colleges. It's also worthwhile to see if there are any Mercedes networking organizations.

Never Give Up

As an entrepreneur in Mercedes, 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.

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

More Entrepreneurial Resources for Starting a Business in Mercedes, Texas

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

 

 

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