Oklahoma Business Startup Guides
Open a Business in Prague, Oklahoma
Need help starting a business in Prague, Oklahoma? We've got the information you need to open a business in Prague.
Is Becoming a Business Owner Right for You?
Most new businesses do not succeed, in part because the business owner did not have the entrepreneurial skills and traits needed to succeed. So, before you start your business, consider all of the implications of being an entrepreneur.
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 Prague. Get their take on what it's really like to be an entrepreneur.
- We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
- Get feedback from somebody whom you trust. That's the best way to get a truly objective assessment as to whether others think you have what it takes.
Prague, Oklahoma Demographic Information
Prague has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Prague demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Prague.
As a new Prague entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Prague 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.
Have You Considered Buying an Existing Prague Business?
If you have some capital to play with, you may want to Buy a Business in Oklahoma. Follow that link and you can review several good businesses for sale in Prague.
If you are serious about buying a business, you may want to read this article: Buying a Business.
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.
Before you decide on a company name, run it by some prospective customers and see what they think. If they don't like it, it's probably a good idea to go back to the drawing board.
Numerous company naming issues are discussed in more detail in this article: Naming a Company.
As a final piece of advice, remember that because you are starting a business in Prague, it's imperative that you check now that you will be the only Oklahoma company using the business name you have chosen.
Getting Money to Start a Business
Finding the funds to fuel the growth of your Prague business is very difficult due to the ongoing business credit crunch. In fact, financing your new business may be the hardest challenge you ever face.
The good news is this site contains dozens of articles on raising money, including one we recommend entitled SBIR Funding.
Learning More About Entrepreneurship
The best business owners recognize that what they know now may not be enough to ensure their future success.
With your business being located in Prague, Oklahoma, you will want to take advantage of the many programs available at nearby Oklahoma universities, colleges and community colleges. We also suggest you look into networking organizations for Prague entrepreneurs.
Most new Prague businesses underestimate the number of challenges they will face.
From this point on, you control your own destiny.
We are here to help Prague businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Prague, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Prague, Oklahoma
Here are more links that we believe will help you be successful in starting a business in Prague.
- Resources for Prague, Oklahoma Entrepreneurs - Browse a variety of resources we've collected to assist Prague entrepreneurs.
- Oklahoma Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Oklahoma.
- Oklahoma Small Business Development Center - Whether you are in business or thinking about it, the Oklahoma Small Business Development Center staff can assist you. Their goal is to help Oklahoma entrepreneurs like you be more successful.
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