Oklahoma Business Startup Guides
Opening a Business in Claremore, Oklahoma
Contemplating starting a business in Claremore, Oklahoma? We walk you through the process of opening a business in Claremore.
What Business Are You Starting?
An important decision is what kind of business you want to start. To help you decide on a business type, we encourage you to read Finding Your Niche in Life.
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 Opening a Dialysis Clinic guide or our How to Start a Parking Garages Business guide.
Always keep in mind that starting a business in Claremore has some implications. If Claremore already has plenty of the kind of business you want to start, you might want to change your plans. Study Claremore demographics and do a competitive analysis as part of your startup planning process.
Claremore, Oklahoma Demographic Information
Claremore has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Claremore demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Claremore.
Businesses
As a new Claremore entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Claremore 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 Claremore, Oklahoma
It's essential that you form your business as a legal structure. Doing so will protect you from personal liability for business debts and obligations.
When forming a company, you will decide among many company types, such as 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 Oklahoma, you don't necessarily have to incorporate in Oklahoma. As it turns out, you can incorporate in any state you would like to. 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. To learn the fundamentals of company formation, browse articles on our site, such as Pre-Incorporation Agreements. You may also want to seek the advice of an attorney. On a final note, since you will be starting a business in Claremore, Oklahoma, our web page covering Incorporating in Oklahoma may be a useful resource if you decide to incorporate in Oklahoma.
Make Sure You Have a Business Plan
A business plan is vital in maximizing the prospects of your new company. Simply put, a business plan is a written description of the future you envision for your business. Starting a business without a business plan is a recipe for disaster.
To learn more about business plans, read Free Business Plan Templates. You can also get free business counselors available to you through your local SCORE chapter in Oklahoma.
Startup Financing Basics
Obtaining startup financing for your Claremore business will be harder than you might expect. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.
To learn about raising money, we recommend you read the fundraising articles on our site, such as Attracting Investors.
For Claremore entrepreneurs who want to raise money for a new venture, we have assembled a List of Oklahoma Angel Investors and our List of Oklahoma Venture Capital Firms.
Bring in Revenues
Being able to sell is essential to your business success. Whether you are focused on selling local customers in Claremore or are selling to customers throughout Oklahoma, the United States or even the world, you have to be able to sell.
So what does it take to bring in more prospects and close more business? Fortunately, we've got plenty of good advice to help you improve your selling skills.
Sales Prospecting is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.
Next Steps
You have a dream -- starting a business in Claremore. 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 Claremore businesses to be successful. 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 Claremore, Oklahoma
Here are more links that we believe will help you be successful in starting a business in Claremore.
- Resources for Claremore, Oklahoma Entrepreneurs - Browse a variety of resources we've collected to assist Claremore 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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