Texas Business Startup Guides

Open a Business in Mineral Wells, Texas

Need help starting a business in Mineral Wells, Texas? We've got the information you need to open a business in Mineral Wells.

Are You Sure You Want to Do This?

Most startup businesses fail, in part because the business owner did not have the tenacity and/or the skills to succeed. So, before you start your business, consider all of the implications of being an entrepreneur.

While entrepreneurship has become a popular career choice, we recommend you do the following before you take the plunge:

  • Talk to other entrepreneurs in Mineral Wells. Ask them candidly what it's like to run a business.
  • We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
  • Get feedback from somebody whom you trust. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.

What Business Are You Starting?

Choosing a business that is right for you is very important. To stir your creative juices on what kind of business to start, take a look at Good Business Ideas.

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 Tax Consulting Firm guide or our Opening a Plumbing Equipment, Parts, & Supplies Business guide.

Remember that starting a business in Mineral Wells has some implications. Some businesses will do better in Mineral Wells than others. Make sure you fully understand Mineral Wells demographics before you lock in on your business idea.

Mineral Wells, Texas Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
751
5-9 Employees
252
10-19 Employees
222
20-49 Employees
123
50-99 Employees
27
100-249 Employees
15
250-499 Employees
12
500-999 Employees
0
1000+ Employees
0
All Mineral Wells Businesses
1402

As a new Mineral Wells entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Mineral Wells 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
Automobile Driving Schools
1
Automotive Exhaust System Repair
1
Automotive Parts and Accessories Stores
5
Beauty Salons
2
Bed-and-Breakfast Inns
2
Beer and Ale Merchant Wholesalers
2
Beer, Wine, and Liquor Stores
1
Book Stores
1
Bottled Water Manufacturing
1
Bowling Centers
1
Business Associations
2
Cable and Other Program Distribution
1
Cafeterias
1
Car Washes
1
Child Day Care Services
4
Civic and Social Organizations
3
Commercial Lithographic Printing
1
Computer Systems Design Services
1
Construction Sand and Gravel Mining
2
Consumer Lending
4
Convenience Stores
1
Discount Department Stores
1
Drilling Oil and Gas Wells
2
Drinking Places (Alcoholic Beverages)
3
Electric Power Distribution
2
Electrical Contractors
4
Exterminating and Pest Control Services
2
Facilities Support Services
1
Fitness and Recreational Sports Centers
2
Floor Covering Stores
1
Florists
3
Food (Health) Supplement Stores
1
Food Service Contractors
2
Freight Transportation Arrangement
1
Full-Service Restaurants
13
Furniture Stores
1
General Automotive Repair
2
General Freight Trucking, Local
2
General Medical and Surgical Hospitals
1
General Warehousing and Storage
2
Gift, Novelty, and Souvenir Stores
1
Golf Courses and Country Clubs
1
Home Centers
1
Home Health Care Services
2
Home Health Equipment Rental
2
Homes for the Elderly
1
Household Appliance Stores
2
Insurance Agencies and Brokerages
7
Janitorial Services
4
Landscaping Services
1
Limited-Service Restaurants
16
Linen Supply
1
Livestock Merchant Wholesalers
1
Machine Shops
4
Manufactured (Mobile) Home Dealers
1
Masonry Contractors
2
Metal Tank (Heavy Gauge) Manufacturing
1
Miscellaneous Intermediation
1
Motor Vehicle Towing
1
Natural Gas Distribution
2
New Car Dealers
3
Newspaper Publishers
1
Nursing Care Facilities
4
Office Supplies and Stationery Stores
3
Offices of Certified Public Accountants
6
Offices of Chiropractors
2
Offices of Dentists
6
Offices of Lawyers
9
Offices of Optometrists
2
Offices of Podiatrists
1
Outdoor Power Equipment Stores
1
Paint and Wallpaper Stores
2
Painting and Wall Covering Contractors
3
Petroleum Bulk Stations and Terminals
1
Pharmacies and Drug Stores
3
Real Estate Investment Trusts
1
Recreational Vehicle Dealers
1
Residential Remodelers
2
Roofing Contractors
1
Savings Institutions
2
Securities Brokerage
3
Septic Tank and Related Services
4
Shoe Stores
2
Sign Manufacturing
1
Snack and Nonalcoholic Beverage Bars
1
Solid Waste Collection
1
Tax Preparation Services
3
Telephone Answering Services
2
Temporary Help Services
2
Temporary Shelters
2
Tire Dealers
2
Travel Agencies
1
Used Car Dealers
4
Used Household and Office Goods Moving
1
Vending Machine Operators
1
Veterinary Services
4
Video Tape and Disc Rental
2
Water Supply and Irrigation Systems
1
Wired Telecommunications Carriers
2
Women's Clothing Stores
1

Naming the Company

A good company name can give a big boost to a new startup. It might seem like an easy thing to do, but there are many things to consider when naming a business.

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.

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

On a final note, given that you are opening a business in Mineral Wells, it's imperative that you check now that your company name has not already been claimed by another Texas business.

Raising Money for Your New Venture

Raising money to fund your new Mineral Wells business is not an easy task. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.

To learn about raising money, we recommend you read the fundraising articles on our site, such as 504 Loans.

For Mineral Wells entrepreneurs in need of startup financing, browse our List of Texas Angel Investors and our List of Texas Venture Capital Firms.

Selling Tips

Mastering the art of selling is a must if you want your new Mineral Wells business to do well.

So what does it take to bring in more prospects and close more business? The good news is we can help you to make selling a big competitve advantage for your new firm.

Hiring Telemarketing Firms to Generate Sales Leads offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.

Next Steps

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

From this point on, you control your own destiny.

Our goal here is to promote the vitality and growth of small businesses in Mineral Wells and throughout the United States . We want to be there for you to answer your business questions, whether you are a new Mineral Wells 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 Mineral Wells, Texas

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

More Business Startup Guides for Texas

Starting a Business in Mineola
Starting a Business in Mission

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

 

 

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