Texas Business Startup Guides
Opening a Business in Sonora, Texas
Contemplating starting a business in Sonora, Texas? We walk you through the process of opening a business in Sonora.
Do You Have What It Takes?
Being an entrepreneur is demanding, much harder than working as an employee. Are you certain you have the stamina and skills to succeed on your own?
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 Sonora. Get their candid feedback on what it takes to start a successful 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. A support network of family and friends can be a great sounding board for good advice before you decide for sure to go into business.
Sonora, Texas Demographic Information
Sonora has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Sonora demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Sonora.
Businesses
As a new Sonora entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Sonora 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
Have You Considered Franchising?
As you drive around Sonora, it's apparent that franchising has become a very popular way to start a business. But is franchising the right option for you?
We highly recommend you consider franchising as an option. We have many articles on franchises, such as Selling A Franchise. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Representative franchise opportunities include Big Boy Restaurants International LLC and Cardsmart Retail Corporation. Alternatively, you can browse franchise categories, such as Tanning Franchises and Marketing, Sales and Advertising Franchises.
Note on Sonora Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Sonora.
Don't Skip the Business Plan
A business plan is essential in maximizing the prospects of your new company. Indeed, your business plan is your game plan for how you hope to grow your business. Starting a business without a business plan is a recipe for disaster.
To learn more about business plans, read Business Presentations. You should also take advantage of free business counselors available to you through your local SCORE chapter in Texas.
Raising Money for Your New Venture
Getting your Sonora business the capital it needs to succeed is very difficult due to the ongoing business credit crunch. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.
Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled Business Incubators.
For Sonora 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.
Improving Your Entrepreneurial Skillset
The best entrepreneurs recognize that what they know now may not be enough to ensure their future success.
As an entrepreneur who lives in Sonora, 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 Sonora networking organizations.
Now It's Up To You
As an entrepreneur in Sonora, you won't be working for the boss anymore. You are the boss.
From this point on, you control your own destiny.
We are here to help Sonora businesses to be successful. 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 Sonora, Texas
Here are more links that we believe will help you be successful in starting a business in Sonora.
- Resources for Sonora, Texas Entrepreneurs - Browse a variety of resources we've collected to assist Sonora 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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