Texas Business Startup Guides
Starting a Business in Newton, Texas
Thinking about starting a business in Newton, Texas? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Newton.
Newton, Texas Demographic Information
Newton has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Newton demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Newton.
Businesses
As a new Newton entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Newton 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
Is Franchising a Better Option?
As you drive around Newton, it's apparent that franchising has become a very popular way to start a business. But is franchising the right option for you?
We advise the entrepreneurs we work with to investigate buying a franchise. We have many articles on franchises, such as Franchise Due Diligence. 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 TownePlace Suites of Marriott and EWF International. Alternatively, you can browse franchise categories, such as Accounting Franchises and Interior Environment Franchises.
Note on Newton Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Newton.
Have You Considered Buying an Existing Newton Business?
We've created a helpful website page for those who want to Buy a Business in Texas. Follow that link and you can review several good businesses for sale in Newton.
Before buying a business, be sure to read this article: How to Buy a Business.
Company Formation in Newton, Texas
A critical step is ensuring 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.
The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
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. Just because you are starting a business in Texas, you don't necessarily have to incorporate in Texas. In fact, you are allowed to incorporate wherever you want. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.
There's a lot to know about forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Where to Incorporate. You may also want to seek the advice of an lawyer. Finally, if you are starting a business in Newton, Texas, our information on Incorporating in Texas may be a useful resource if you decide to incorporate in Texas.
Marketing Your New Company
Whether your goal is to attract Newton customers or you plan on selling elsewhere, you'll need to have a good marketing plan.
You can learn a ton about marketing on our site. Yellow Pages Advertising Advice is an article that will generate a few thoughts on your marketing plan. That's just one of the many useful articles we have on Marketing a Small Business.
Improving Your Entrepreneurial Skillset
The best entrepreneurs know that they need to continually improve.
With your business being located in Newton, Texas, you will want to take advantage of the many programs available at nearby Texas universities, colleges and community colleges. It's also wise to see if there are any Newton networking organizations.
Next Steps
As an entrepreneur in Newton, 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 Newton and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Newton 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 Newton, Texas
Here are more links that we believe will help you be successful in starting a business in Newton.
- Resources for Newton, Texas Entrepreneurs - Browse a variety of resources we've collected to assist Newton 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.
More Startup Articles for Texas Cities
Starting a Business in New Ulm
Starting a Business in Nixon
Browse All Business Startup Guides for Texas
Starting a Business Guides for Other States
Share this article
Additional Resources for Entrepreneurs