Texas Business Startup Guides

Open a Business in Sherman, Texas

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

Sherman, Texas Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
11814
5-9 Employees
5040
10-19 Employees
3288
20-49 Employees
2268
50-99 Employees
810
100-249 Employees
486
250-499 Employees
144
500-999 Employees
36
1000+ Employees
18
All Sherman Businesses
23904

As a new Sherman entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Sherman 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
Advertising Agencies
1
Aircraft Manufacturing
1
Aluminum Extruded Product Manufacturing
1
Ambulance Services
1
Amusement Arcades
1
Appliance Repair and Maintenance
2
Automobile Driving Schools
1
Automotive Exhaust System Repair
1
Automotive Glass Replacement Shops
7
Automotive Parts and Accessories Stores
11
Baked Goods Stores
1
Ball and Roller Bearing Manufacturing
1
Beauty Salons
5
Blood and Organ Banks
1
Boat Building
1
Book Stores
3
Bowling Centers
1
Building Inspection Services
1
Business Associations
3
Cable and Other Program Distribution
2
Canvas and Related Product Mills
1
Car Washes
3
Carpet and Upholstery Cleaning Services
4
Caterers
2
Cemeteries and Crematories
2
Child and Youth Services
2
Child Day Care Services
8
Claims Adjusting
1
Clothing Accessories Stores
3
Coffee and Tea Manufacturing
1
Coin-Operated Laundries and Drycleaners
2
Collection Agencies
1
Commercial Bakeries
1
Commercial Lithographic Printing
2
Community Food Services
2
Computer and Software Stores
5
Computer Systems Design Services
1
Computer Training
1
Confectionery and Nut Stores
1
Consumer Lending
7
Convenience Stores
9
Court Reporting and Stenotype Services
1
Credit Unions
3
Custom Computer Programming Services
1
Dental Laboratories
1
Diagnostic Imaging Centers
2
Direct Life Insurance Carriers
1
Direct Title Insurance Carriers
1
Display Advertising
1
Drinking Places (Alcoholic Beverages)
4
Drywall and Insulation Contractors
2
Electric Power Distribution
2
Electrical Contractors
14
Elementary and Secondary Schools
3
Engineering Services
2
Exterminating and Pest Control Services
6
Facilities Support Services
1
Family Clothing Stores
9
Family Planning Centers
1
Farm Supplies Merchant Wholesalers
2
Fitness and Recreational Sports Centers
7
Floor Covering Stores
3
Flour Milling
1
Folding Paperboard Box Manufacturing
1
Food (Health) Supplement Stores
2
Food Product Machinery Manufacturing
1
Food Service Contractors
3
Fossil Fuel Electric Power Generation
1
Full-Service Restaurants
31
Furniture Stores
5
General Automotive Repair
8
General Freight Trucking, Local
5
General Medical and Surgical Hospitals
1
General Rental Centers
2
General Warehousing and Storage
1
Gift, Novelty, and Souvenir Stores
5
Golf Courses and Country Clubs
1
Grantmaking Foundations
3
Hardware Merchant Wholesalers
1
Hardware Stores
1
Hobby, Toy, and Game Stores
3
Home Centers
1
Home Health Care Services
12
Homes for the Elderly
3
Industrial Building Construction
1
Industrial Launderers
3
Industrial Valve Manufacturing
1
Insurance Agencies and Brokerages
20
Investment Advice
3
Janitorial Services
5
Kidney Dialysis Centers
1
Land Subdivision
1
Landscape Architectural Services
1
Landscaping Services
11
Lessors of Other Real Estate Property
3
Limited-Service Restaurants
42
Linen Supply
1
Luggage and Leather Goods Stores
1
Luggage Manufacturing
1
Machine Shops
4
Mail-Order Houses
1
Manufactured (Mobile) Home Dealers
2
Marketing Consulting Services
4
Masonry Contractors
1
Metal Heat Treating
1
Miscellaneous Intermediation
2
Mortgage and Nonmortgage Loan Brokers
3
Motor Vehicle Body Manufacturing
1
Motorcycle Dealers
2
Museums
2
Musical Instrument and Supplies Stores
1
Natural Gas Liquid Extraction
1
New Car Dealers
7
Newspaper Publishers
1
Nitrogenous Fertilizer Manufacturing
1
Nonresidential Property Managers
2
Nursing Care Facilities
5
Office Administrative Services
3
Office Supplies and Stationery Stores
3
Offices of Bank Holding Companies
1
Offices of Certified Public Accountants
15
Offices of Chiropractors
7
Offices of Dentists
25
Offices of Lawyers
76
Offices of Optometrists
7
Offices of Real Estate Appraisers
2
One-Hour Photofinishing
1
Optical Goods Stores
4
Paint and Wallpaper Stores
3
Painting and Wall Covering Contractors
3
Payroll Services
3
Periodical Publishers
1
Petroleum Bulk Stations and Terminals
2
Pharmacies and Drug Stores
8
Photography Studios, Portrait
5
Plastics Bottle Manufacturing
1
Political Organizations
1
Portfolio Management
1
Prepress Services
1
Public Relations Agencies
1
Quick Printing
1
Racetracks
1
Railroad Rolling Stock Manufacturing
1
Ready-Mix Concrete Manufacturing
2
Real Estate Credit
7
Recreational Vehicle Dealers
1
Residential Remodelers
3
Retail Bakeries
2
Roofing Contractors
2
Sales Financing
1
Securities Brokerage
11
Security Guards and Patrol Services
1
Septic Tank and Related Services
1
Shoe Stores
8
Siding Contractors
1
Site Preparation Contractors
3
Snack and Nonalcoholic Beverage Bars
6
Soft Drink Manufacturing
2
Software Publishers
1
Solid Waste Collection
2
Sports and Recreation Instruction
2
Steel Wire Drawing
1
Tax Preparation Services
2
Telephone Answering Services
1
Television Broadcasting
1
Temporary Help Services
10
Temporary Shelters
2
Tile and Terrazzo Contractors
1
Tire Dealers
7
Title Abstract and Settlement Offices
4
Tobacco Stores
2
Travel Agencies
1
Truck Trailer Manufacturing
1
Truss Manufacturing
1
Used Merchandise Stores
7
Vending Machine Operators
1
Veterinary Services
5
Video Tape and Disc Rental
1
Warehouse Clubs and Supercenters
2
Water Supply and Irrigation Systems
1
Window Treatment Stores
1
Women's Clothing Stores
9

Forming a Company in Sherman, Texas

It's essential that your business is formed as a legal entity that is separate from its owners. Doing so will insulate you from personal liability for business debts and obligations.

The entity you form can be a corporation, LLC, sole proprietorship, partnership or other structure.

Incorporation 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. If 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. For example, it's very popular to incorporate in Delaware, and incorporating in Nevada has become very trendy as well. Don't forget, though, that you will have to register as a foreign entity in all states that you do business in.

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 Sherman, Texas, our information on Incorporating in Texas may be a useful resource if you decide to incorporate in Texas.

The Role of the Business Plan

Writing a business plan is essential 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 will greatly reduce your chances of business success.

If writing a business plan is on your to-do list, be sure to read Find Sample Business Plans Online. You should also take advantage of free business counselors available to you through your local SCORE chapter in Texas.

Getting Money to Start a Business

Finding the funds to fuel the growth of your Sherman business is a difficult chore. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.

To learn about raising money, we recommend you read the fundraising articles on our site, such as How Much Venture Capital Is There?.

For Sherman entrepreneurs who want to raise money for a new venture, you'll want to take a look at our List of Texas Angel Investors and our List of Texas Venture Capital Firms.

Letting the World Know You Exist

To grow your Sherman business, you need a great marketing plan.

There are myriad resources on this site to help you with your marketing plan. Advertising on the Web 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.

Advancing Your Entrepreneurial Skills

Successful entrepreneurs recognize that they don't know everything.

Given that you are starting a business in Sherman, Texas, you will want to take advantage of the many programs available at nearby Texas universities, colleges and community colleges. We also suggest you look into Sherman networking organizations.

Moving Forward

As an entrepreneur in Sherman, 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 Sherman and elsewhere to achieve real success. We have a wealth of experience in business start-ups, financing, marketing, sales and more...and we've made all of our knowledge available to you.

More Entrepreneurial Resources for Starting a Business in Sherman, Texas

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

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