Texas Business Startup Guides
Opening a Business in New Braunfels, Texas
Contemplating starting a business in New Braunfels, Texas? We walk you through the process of opening a business in New Braunfels.
New Braunfels, Texas Demographic Information
New Braunfels has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for New Braunfels demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in New Braunfels.
Businesses
As a new New Braunfels entrepreneur, you may also be interested in the table below. It shows how many businesses there are in New Braunfels 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.
Businesses
What About Franchising Opportunities?
Visit the business district of New Braunfels and you'll conclude that many business owners have opted to buy a franchise, rather than starting a business on their own. Would going with a franchise be a good idea for you?
We highly recommend you evaluate the possibility of your buying a franchise opportunity. We have many articles on franchises, such as Costs of Franchise Ownership. Become a franchising expert of sorts by reading more of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Sample franchise opportunities include Tapioca Express, Inc. and The Firkin Group of Pubs. Alternatively, you can browse franchise categories, such as Children's Fitness Franchises and Insurance Franchises.
Note on New Braunfels Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in New Braunfels.
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.
Company names should be fun to say, and they should help people to understand what you do and how you differentiate yourself in the market.
For other considerations regarding naming a company, we recommend this article: Naming a Business.
There's one other important factor when naming a business. Since you are opening a business in New Braunfels, it's very important that you make sure no other Texas company is using the business name you want to use.
Forming a Company in New Braunfels, Texas
It's essential that you are forming a legal entity that operates independently from you. Doing so will separate you from personal liability for business debts and obligations.
The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporating is a very common way to legally create a business entity. A key decision is whether to form and S-Corp or a C-Corp, and you also must decide in which state you will incorporate. If you are starting a business in Texas, you don't necessarily have to incorporate in Texas. In fact, you are allowed to incorporate in the state of your choosing. 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 Corporate Formalities. You may also want to seek the advice of an attorney. Finally, if you are starting a business in New Braunfels, Texas, our information on Incorporating in Texas may be a useful resource if you decide to incorporate in Texas.
Raising Capital for Your Business
Getting your New Braunfels business the capital it needs to succeed requires strong organization skills and perseverance. 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 SBIR Funding.
For New Braunfels entrepreneurs who need startup capital, check out our List of Texas Angel Investors and our List of Texas Venture Capital Firms.
Building Up Your Sales
Being able to sell is essential to your business success. Whether you are focused on selling local customers in New Braunfels or are selling to customers throughout Texas, the United States or even the world, you have to be able to sell.
So what does it take to bring in more prospects and close more business? Let us help you refine your selling techniques through our many useful sales advice tips.
Compensating Sales People 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.
Now It's Up To You
You have a dream -- starting a business in New Braunfels. To achieve your dream, you have to persevere, even when the odds are against you.
Owning your own business will be a daunting task, but you can do it.
This site is all about helping entrepreneurs in New Braunfels and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in New Braunfels, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in New Braunfels, Texas
Here are more links that we believe will help you be successful in starting a business in New Braunfels.
- Resources for New Braunfels, Texas Entrepreneurs - Browse a variety of resources we've collected to assist New Braunfels entrepreneurs.
- Texas Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Texas.
- Houston, Texas Small Business Development Center - Serving 32 counties in Southeast Texas through 14 business consulting and training centers, the Small Business Development Center Network contributes to the growth and prosperity of the Texas Gulf Coast communities.
- North Texas Small Business Development Center - The NTSBDC Network promotes small business success by providing management education.
- Northwest Texas Small Business Development Center - The Northwest Texas Small Business Development Center was established with Texas Tech University in 1986. This regional program serves over ninety thousand square miles including ninety-five counties with a population base of approximately 1.8 million people. This region is serviced by six centers located in Lubbock, Amarillo, Midland/Odessa, Abilene, Stephenville, and Wichita Falls.
- South-West Texas Border�SBDC Network Texas Small Business Development Center - The South-West Texas Border Small Business Development Center (SBDC) provides consulting and technical assistance to the small business community.
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