Texas Business Startup Guides
Opening a Business in Terlingua, Texas
Contemplating starting a business in Terlingua, Texas? We walk you through the process of opening a business in Terlingua.
Are You Ready for Life as an Owner?
Before announcing to the world that you are going to start your own business, take inventory of your entrepreneurial instincts and capabilities.
Because entrepreneurship is not for everyone, we recommend you do the following to help you assess whether you should move forward with starting a business:
- Talk to other entrepreneurs in Terlingua. Listen closely to their experiences and see if you think you too can be successful.
- We recommend reading Should You Become an Entrepreneur?. For aspiring new entrepreneurs, it's a must read article.
- Have a candid conversation with friends and family. Ask them directly: Do I have what it takes to be an entrepreneur? Listen carefully to their answer, as they presumably know your strengths and weaknesses.
Terlingua, Texas Demographic Information
Terlingua has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Terlingua demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Terlingua.
Businesses
As a new Terlingua entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Terlingua 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
Naming the Business
A big decision when starting a company is choosing a company name. Believe it or not, choosing a good company name can be a big contributor to your business success.
Companies like Starbucks, Apple, Target, Microsoft and Intuit all have strong company names that are easy to remember and have become well-loved brands. Wouldn't it be nice if your new company name got on a similar track?
For other considerations regarding naming a company, we recommend this article: Naming a Company.
On a final note, given that you are starting a business in Terlingua, it's very important that you make sure no Texas company has already registered the company name you have selected.
Raising Capital for Your Venture
Obtaining startup financing for your Terlingua business is not an easy task. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.
To learn about raising money, we recommend you read the fundraising articles on our site, such as Investor Turnoffs.
For Terlingua entrepreneurs in need of startup financing, check out our List of Texas Angel Investors and our List of Texas Venture Capital Firms.
Marketing Your New Venture
To rise above the crowd in Terlingua and grow your business, you'll need to have a good marketing plan.
We have some excellent resources on this site for entrepreneurs who are working on marketing plans. Music on Hold is a good read to get your marketing ideas flowing. That's just a taste of the many useful articles we have on Marketing a Small Business.
Learning More About Entrepreneurship
Good business owners recognize that what they know now may not be enough to ensure their future success.
As an entrepreneur who lives in Terlingua, Texas, you should get information on some of the many programs available at nearby Texas universities, colleges and community colleges. Another way to keep up on your learning is to investigate networking groups or organizations in which Terlingua entrepreneurs get together to network and trade their business experiences.
Never Give Up
You have a dream -- starting a business in Terlingua. To achieve your dream, you have to persevere, even when the odds are against you.
Owning your own business will be a daunting task, but you can do it.
Our goal here is to promote the vitality and growth of small businesses in Terlingua and throughout the United States . 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 Terlingua, Texas
Here are more links that we believe will help you be successful in starting a business in Terlingua.
- Resources for Terlingua, Texas Entrepreneurs - Browse a variety of resources we've collected to assist Terlingua 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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