August 3, 2020  
  Entrepreneurial Resources - Advice for Texas Entrepreneurs  
  Temple, Texas Resources for Entrepreneurs is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Open a Business in Temple, Texas

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

What Business to Start

An important decision is what kind of business you want to start. If you are struggling with what type of business to start, read Free Business Ideas.

For in-depth how-to guides on how to start specific businesses, browse our Good Businesses to Start section of our site. For example, you might be interested in our Opening a Sample Cases, Cards, & Books Business guide or our Starting a Non Emergency Ambulance Services Business guide.

Remember that your new startup will be located in Temple. Some businesses will do better in Temple than others. Only by spending some time analyzing Temple demographics can you decide if there will be strong demand for your business idea.

Temple, Texas Demographic Information

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

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

Business Size# of
1-4 Employees 6567
5-9 Employees 3060
10-19 Employees 2421
20-49 Employees 1377
50-99 Employees 504
100-249 Employees 324
250-499 Employees 153
500-999 Employees 63
1000+ Employees 36
All Temple Businesses 14505

As a new Temple entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Temple 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
Adhesive Manufacturing 2
Advertising Agencies 1
Aluminum Foundries (except Die-Casting) 1
Ambulance Services 1
Amusement Arcades 1
Appliance Repair and Maintenance 2
Architectural Services 2
Automobile Driving Schools 1
Automotive Exhaust System Repair 1
Automotive Glass Replacement Shops 4
Automotive Parts and Accessories Stores 10
Automotive Transmission Repair 4
Baked Goods Stores 1
Barber Shops 1
Beauty Salons 31
Beer and Ale Merchant Wholesalers 2
Beer, Wine, and Liquor Stores 1
Blood and Organ Banks 2
Boat Dealers 1
Book Stores 3
Bowling Centers 1
Building Inspection Services 1
Business Associations 5
Cable and Other Program Distribution 1
Cafeterias 4
Camera and Photographic Supplies Stores 1
Car Washes 3
Carpet and Upholstery Cleaning Services 2
Caterers 1
Cemeteries and Crematories 5
Child and Youth Services 1
Child Day Care Services 27
Civic and Social Organizations 8
Claims Adjusting 1
Clothing Accessories Stores 2
Coin-Operated Laundries and Drycleaners 3
Commercial Bakeries 1
Commercial Lithographic Printing 3
Commercial Photography 1
Commercial Screen Printing 1
Community Food Services 2
Computer and Software Stores 2
Computer Systems Design Services 3
Construction Sand and Gravel Mining 1
Consumer Lending 15
Continuing Care Retirement Communities 1
Convenience Stores 5
Copper Foundries (except Die-Casting) 1
Cosmetology and Barber Schools 2
Couriers 1
Credit Unions 5
Custom Compounding of Purchased Resins 1
Custom Computer Programming Services 4
Custom Roll Forming 2
Cut Stock, Resawing Lumber, and Planing 1
Diet and Weight Reducing Centers 2
Digital Printing 1
Dimension Stone Mining and Quarrying 1
Direct Life Insurance Carriers 2
Direct Title Insurance Carriers 1
Display Advertising 1
Document Preparation Services 1
Dog and Cat Food Manufacturing 1
Drilling Oil and Gas Wells 1
Drinking Places (Alcoholic Beverages) 3
Drywall and Insulation Contractors 2
Educational Support Services 1
Electric Power Distribution 5
Electrical Contractors 11
Elementary and Secondary Schools 5
Employment Placement Agencies 2
Engineering Services 10
Exam Preparation and Tutoring 1
Exterminating and Pest Control Services 2
Facilities Support Services 1
Family Clothing Stores 8
Family Planning Centers 1
Farm Product Warehousing and Storage 2
Farm Supplies Merchant Wholesalers 1
Fine Arts Schools 2
Finish Carpentry Contractors 2
Fitness and Recreational Sports Centers 7
Floor Covering Stores 5
Florists 5
Food (Health) Supplement Stores 4
Food Service Contractors 4
Formal Wear and Costume Rental 1
Fossil Fuel Electric Power Generation 1
Freight Transportation Arrangement 4
Full-Service Restaurants 38
Funeral Homes and Funeral Services 5
Furniture Merchant Wholesalers 1
Furniture Stores 9
General Automotive Repair 17
General Freight Trucking, Local 5
General Medical and Surgical Hospitals 4
General Rental Centers 2
General Warehousing and Storage 2
Gift, Novelty, and Souvenir Stores 7
Glass and Glazing Contractors 1
Golf Courses and Country Clubs 3
Grantmaking Foundations 1
Graphic Design Services 2
Hardware Merchant Wholesalers 2
Hardware Stores 1
Hobby, Toy, and Game Stores 2
Home Centers 1
Home Health Care Services 12
Homes for the Elderly 5
Household Appliance Stores 4
Human Rights Organizations 2
Industrial Building Construction 3
Industrial Launderers 1
Institutional Furniture Manufacturing 3
Insurance Agencies and Brokerages 38
Interior Design Services 1
Internet Service Providers 4
Investment Advice 5
Iron and Steel Mills 1
Janitorial Services 9
Jewelry Stores 8
Land Subdivision 6
Landscaping Services 7
Lead Pencil and Art Good Manufacturing 2
Lessors of Other Real Estate Property 2
Limited-Service Restaurants 54
Locksmiths 1
Machine Shops 2
Manufactured (Mobile) Home Dealers 3
Marinas 1
Marketing Consulting Services 1
Marking Device Manufacturing 1
Masonry Contractors 3
Medical Laboratories 1
Men's Clothing Stores 1
Miscellaneous Intermediation 1
Mortgage and Nonmortgage Loan Brokers 2
Motor Vehicle Body Manufacturing 1
Motor Vehicle Towing 1
Motorcycle Dealers 1
Museums 1
Musical Groups and Artists 2
Musical Instrument and Supplies Stores 3
Natural Gas Distribution 3
New Car Dealers 10
New Housing Operative Builders 1
Newspaper Publishers 2
Nonresidential Property Managers 1
Nursing Care Facilities 5
Office Administrative Services 6
Office Equipment Merchant Wholesalers 3
Office Supplies and Stationery Stores 5
Offices of Certified Public Accountants 12
Offices of Chiropractors 9
Offices of Dentists 30
Offices of Lawyers 25
Offices of Optometrists 7
Offices of Other Holding Companies 1
Offices of Real Estate Appraisers 3
Ophthalmic Goods Merchant Wholesalers 1
Optical Goods Stores 5
Outdoor Power Equipment Stores 1
Packaging and Labeling Services 1
Packing and Crating 1
Paging 2
Paint and Wallpaper Stores 3
Painting and Wall Covering Contractors 6
Passenger Car Rental 2
Pet and Pet Supplies Stores 4
Pet Care (except Veterinary) Services 2
Petroleum Bulk Stations and Terminals 2
Pharmacies and Drug Stores 5
Photography Studios, Portrait 4
Political Organizations 1
Polystyrene Foam Product Manufacturing 1
Portfolio Management 1
Private Mail Centers 1
Professional Organizations 1
Quick Printing 2
Radio Stations 2
Ready-Mix Concrete Manufacturing 2
Real Estate Credit 7
Real Estate Investment Trusts 1
Recreational Vehicle Dealers 1
Repossession Services 1
Residential Property Managers 6
Residential Remodelers 4
Retail Bakeries 1
Reupholstery and Furniture Repair 1
Roofing Contractors 2
Savings Institutions 1
Securities Brokerage 8
Septic Tank and Related Services 2
Sheet Metal Work Manufacturing 1
Shoe Stores 11
Siding Contractors 1
Sign Manufacturing 1
Site Preparation Contractors 6
Snack and Nonalcoholic Beverage Bars 10
Soft Drink Manufacturing 1
Software Publishers 2
Solid Waste Collection 1
Solid Waste Landfill 1
Special Needs Transportation 1
Sporting Goods Stores 5
Steel Foundries (except Investment) 1
Tax Preparation Services 2
Telephone Answering Services 1
Television Broadcasting 1
Temporary Help Services 11
Temporary Shelters 2
Theater Companies and Dinner Theaters 1
Tile and Terrazzo Contractors 1
Tire Dealers 10
Tire Retreading 1
Title Abstract and Settlement Offices 1
Tobacco Stores 5
Travel Agencies 1
Used Car Dealers 11
Used Household and Office Goods Moving 3
Used Merchandise Stores 6
Vending Machine Operators 4
Veterinary Services 6
Video Tape and Disc Rental 3
Warehouse Clubs and Supercenters 2
Water Supply and Irrigation Systems 3
Web Search Portals 1
Wholesale Trade Agents and Brokers 5
Window Treatment Stores 1
Wired Telecommunications Carriers 7
Women's Clothing Stores 6
Wood Container and Pallet Manufacturing 1
Wood Window and Door Manufacturing 1

What About Franchising Opportunities?

As you drive around Temple, you'll notice that many local entrepreneurs have gone the franchising route. But is franchising the right option for you?

Our advice is to evaluate the possibility of your buying a franchise opportunity. We have many articles on franchises, such as Common Franchisee Mistakes. 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 Truly Nolen of America and Barnie's Coffee & Tea Co.. Alternatively, you can browse franchise categories, such as Gift Items Franchises and Auto Sales Franchises.

Note on Temple Franchise Opportunities: To find out if a franchise you are interested in is available in Temple, you will need to get in direct contact with the franchisor.

Have You Considered Buying an Existing Temple Business?

We've created a useful website page for those who want to Buy a Business in Texas. Follow that link and you may find several good businesses for sale in Temple.

For anybody who wants to buy a business, we recommend reading this useful article: How to Buy 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.

Even if the name doesn't do it by itself, many naming experts believe there should be a story behind the name that ties into your company mission.

For other considerations regarding naming a company, we recommend this article: Naming a Company.

As a final piece of advice, remember that because you are opening a business in Temple, it's very important that you make sure your company name has not already been claimed by another Texas business.

Forming a Company in Temple, 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.

When forming a company, you will pick from many company types, such as a corporation, LLC, sole proprietorship, partnership or other structure.

Incorporation is a very popular way to form a business. 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, it doesn't mean you are required to incorporate in Texas. In fact, you are allowed to incorporate in the state of your choosing. 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 Incorporation Advice. You may also want to seek the advice of an attorney. On a final note, since you will be starting a business in Temple, Texas, our web page covering Incorporating in Texas may be a useful resource if you decide to incorporate in Texas.

Next Steps

You have a dream -- starting a business in Temple. To achieve your dream, you have to persevere, even when the odds are against you.

From this point on, you control your own destiny.

This site is all about helping entrepreneurs in Temple 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 Temple, Texas

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



Additional Resources for Entrepreneurs

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Raising Money


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Customer Service Tips

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