Oklahoma Business Startup Guides
Start a Business in Bixby, Oklahoma
Are you starting a business in Bixby, Oklahoma? This article discusses the most important things to consider when opening a business in Bixby.
What Type of Business Should You Start?
An important decision is what kind of business you want to start. We recommend that you read How to Evaluate a Business Idea.
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 Art Reproductions Business guide or our Opening an Industrial & Medical Gases Wholesale & Manufacturers Business guide.
Always keep in mind that your new startup will be located in Bixby. Some businesses will do better in Bixby than others. A critical consideration is whether Bixby demographics mesh well with your startup concept.
Bixby, Oklahoma Demographic Information
Bixby has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Bixby demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Bixby.
Businesses
As a new Bixby entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Bixby 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
Should You Buy an Existing Bixby Business?
An excellent way to get started in business is to Buy a Business in Oklahoma. Follow that link and you can assess several good businesses for sale in Bixby.
Before buying a business, be sure to read this article: How to Buy a Business.
Forming a Company in Bixby, Oklahoma
A critical step is ensuring that your business is formed as a legal entity that is separate from its owners. Without a legal structure for the business, you can be held personally liable for the actions, debts and obligations of your company.
The entity you form can be a corporation, LLC, sole proprietorship, partnership or other structure.
Incorporation is a very common way to legally create a business entity. 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 Oklahoma, you don't necessarily have to incorporate in Oklahoma. As it turns out, 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 Nevada Incorporation. You may also want to seek the advice of an lawyer. Finally, if you are starting a business in Bixby, Oklahoma, our information on Incorporating in Oklahoma may be a useful resource if you decide to incorporate in Oklahoma.
Don't Skip the Business Plan
Creating a business plan is essential in maximizing the prospects of your new company. In effect, your business plan is your game plan for how you hope to grow your business. Failure to write a business plan
If writing a business plan is on your to-do list, be sure to read Business Plan Contests. You should also take advantage of free business counselors available to you through your local SCORE chapter in Oklahoma.
Selling Tips
Do you know how to sell? In order to attract customers to your new Bixby business, you need to focus on sales.
Good selling involves demonstrating that your wares meet your customer's needs. Fortunately, we've got plenty of good advice to help you improve your selling skills.
Sales Training offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.
Improving Your Entrepreneurial Skillset
Good entrepreneurs recognize that what they know now may not be enough to ensure their future success.
Given that you are starting a business in Bixby, Oklahoma, you will want to take advantage of the many programs available at nearby Oklahoma universities, colleges and community colleges. It's also beneficial to see if there are any networking organizations for Bixby entrepreneurs.
Next Steps
As an entrepreneur in Bixby, you won't be working for the boss anymore. You are the boss.
From this point on, you control your own destiny.
Our goal here is to promote the vitality and growth of small businesses in Bixby and throughout the United States . We believe entrepreneurship is an amazing engine for job creation in Bixby, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Bixby, Oklahoma
Here are more links that we believe will help you be successful in starting a business in Bixby.
- Resources for Bixby, Oklahoma Entrepreneurs - Browse a variety of resources we've collected to assist Bixby entrepreneurs.
- Oklahoma Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Oklahoma.
- Oklahoma Small Business Development Center - Whether you are in business or thinking about it, the Oklahoma Small Business Development Center staff can assist you. Their goal is to help Oklahoma entrepreneurs like you be more successful.
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