Texas Business Startup Guides
Open a Business in West, Texas
Need help starting a business in West, Texas? We've got the information you need to open a business in West.
Which Business to Choose?
An important decision is what kind of business you want to start. You might get some good ideas about what kind of business to start by reading Free Business Ideas.
If you still are not sure what type of business to start, peruse the Good Businesses to Start section of our site. For example, you might be interested in our Starting an Arts Organizations guide or our Opening a Windchimes & Windsocks Business guide.
Always keep in mind that you are starting a business in West. Some businesses will do better in West than others. A critical consideration is whether West demographics mesh well with your startup concept.
West, Texas Demographic Information
West has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for West demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in West.
As a new West entrepreneur, you may also be interested in the table below. It shows how many businesses there are in West 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.
Is Franchising a Better Option?
As you drive around West, you'll notice that many local entrepreneurs have gone the franchising route. But is franchising the right option for you?
We advise the entrepreneurs we work with to look into purchasing a franchise. To help you learn more about franchising, we've gathered a ton of articles on franchising, including Staffing a Franchise. Get a thorough education on franchising by browsing all of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Representative franchise opportunities include Color Me Mine Enterprises and Just-A-Buck. Alternatively, you can browse franchise categories, such as Video and DVD Rental Franchises and Auto Parts and Tools Franchises.
Note on West Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in West.
Forming a Company in West, 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.
The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporating 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 can incorporate wherever you want. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.
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 LLC Advantages. You may also want to seek the advice of an lawyer. Finally, if you are starting a business in West, Texas, our information on Incorporating in Texas may be a useful resource if you decide to incorporate in Texas.
The Art of Selling
Being able to sell is critical to your business success. Whether you are focused on selling local customers in West or are selling to customers throughout Texas, the United States or even the world, you have to be able to sell.
Not knowing how to sell can result in lost customers and minimal market share. Let us help you refine your selling techniques through our many useful sales advice tips.
Improving Your Entrepreneurial Skillset
Good entrepreneurs recognize that they don't know everything.
With your business being located in West, Texas, you will want to take advantage of the many programs available at nearby Texas universities, colleges and community colleges. It's also worthwhile to see if there are any West networking organizations.
You have a dream -- starting a business in West. 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.
We are here to help West businesses to be successful. We want to be there for you to answer your business questions, whether you are a new West entrepreneur who is just getting started or you are already up and running with your new venture.
More Entrepreneurial Resources for Starting a Business in West, Texas
Here are more links that we believe will help you be successful in starting a business in West.
- Resources for West, Texas Entrepreneurs - Browse a variety of resources we've collected to assist West 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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