Texas Business Startup Guides
Open a Business in Brownfield, Texas
Need help starting a business in Brownfield, Texas? We've got the information you need to open a business in Brownfield.
Are You Ready for the Challenges of Being an Entrepreneur?
Before announcing to the world that you are going to start your own business, take inventory of your entrepreneurial instincts and capabilities.
With so much at stake when you start a business, we strongly recommend you do the following before you proceed:
- Talk to other entrepreneurs in Brownfield. 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.
Brownfield, Texas Demographic Information
Brownfield has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Brownfield demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Brownfield.
Businesses
As a new Brownfield entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Brownfield 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
Forming a Company in Brownfield, Texas
It's very important 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 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 Texas, you don't necessarily have to incorporate in Texas. In fact, you are allowed to incorporate wherever you want. 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 Where to Incorporate. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Brownfield, Texas, our information on Incorporating in Texas may be a useful resource if you decide to incorporate in Texas.
Do You Need a Business Plan?
Creating a business plan is vital to the health of your new business. Indeed, a business plan is a written description of the future you envision for your business. Not having a business plan
If writing a business plan is on your to-do list, be sure to read Business Plan Contests. You can also get free counseling sessions provided by your local SCORE chapter in Texas.
Raising Money for Your New Venture
Getting your Brownfield business the capital it needs to succeed is a difficult chore. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.
On the bright side, this site contains dozens of articles on raising money, including one we recommend entitled Getting a Small Business Loan.
For Brownfield entrepreneurs with great ambition but a shortage of investment capital, browse our List of Texas Angel Investors and our List of Texas Venture Capital Firms.
Selling Tips
Being able to sell is critical to your business success. Whether you are focused on selling local customers in Brownfield or are selling to customers throughout Texas, the United States or even the world, you have to be able to sell.
Good selling involves demonstrating that your wares meet your customer's needs. Let us help you refine your selling techniques through our many useful sales advice tips.
Closing Sales offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.
Increase Your Entrepreneurial Knowledge
Good business owners recognize that what they know now may not be enough to ensure their future success.
With your business being located in Brownfield, 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 Brownfield networking organizations.
Never Give Up
You have a dream -- starting a business in Brownfield. 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 Brownfield and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Brownfield 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 Brownfield, Texas
Here are more links that we believe will help you be successful in starting a business in Brownfield.
- Resources for Brownfield, Texas Entrepreneurs - Browse a variety of resources we've collected to assist Brownfield 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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