Texas Business Startup Guides
Starting a Business in Edinburg, Texas
Thinking about starting a business in Edinburg, Texas? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Edinburg.
Is Becoming an Entrepreneur Right for You?
An entrepreneurial life is difficult, much harder than working as an employee. Are you sure you want to start a business?
Before you move forward with starting a business, be sure to do these three things:
- Talk to other entrepreneurs in Edinburg. Get their take on what it's really like to be an entrepreneur.
- 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. That's the best way to get a truly objective assessment as to whether others think you have what it takes.
Edinburg, Texas Demographic Information
Edinburg has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Edinburg demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Edinburg.
Businesses
As a new Edinburg entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Edinburg 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
What About Franchising Opportunities?
As you drive around Edinburg, you'll see that franchises make up a large percentage of local businesses. But is franchising the right option for you?
Our recommendation is that you consider franchising as an option. This site has dozens of articles on franchising, such as Evaluating Franchise Opportunities. 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.
Sample franchise opportunities include i9 Sports and Little Caesars. Alternatively, you can browse franchise categories, such as Travel and Leisure Franchises and Child Safety Franchises.
Note on Edinburg Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Edinburg.
Naming the Company
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.
Pick a company name that isn't too generic. If you do a search engine search for your proposed name and a billion results come up, you may want to reconsider the name. It's much easier to come up in the search engines when your name is fairly unique.
Numerous company naming issues are discussed in more detail in this article: Naming a Business.
There's one other important factor when naming a business. Since you are planning on starting a business in Edinburg, it's critical that you ensure that no other Texas company is using the business name you want to use.
The Role of the Business Plan
A business plan is vital to the health of your new business. In effect, 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 Business Plan Contests. You should also take advantage of free business counselors available to you through your local SCORE chapter in Texas.
Selling Tips
Do you know how to sell? In order to attract customers to your new Edinburg business, you need to focus on sales.
The key to selling is to set sales goals goals and monitor your progress towards those goals. Fortunately, we've got plenty of good advice to help you improve your selling skills.
Tips on Customer Referrals offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.
How to Improve Your Entrepreneurial Abilities
Successful business owners recognize that they don't know everything.
Given that you are starting a business in Edinburg, Texas, you will want to take advantage of the many programs available at nearby Texas universities, colleges and community colleges. It's also smart to see if there are any networking groups or organizations in which Edinburg entrepreneurs get together to network and trade their business experiences.
Moving Forward
As an entrepreneur in Edinburg, you won't be working for the boss anymore. You are the boss.
If you choose the right business and love what you do, you will greatly increase your odds of success.
This site is all about helping entrepreneurs in Edinburg and elsewhere to achieve real success. 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 Edinburg, Texas
Here are more links that we believe will help you be successful in starting a business in Edinburg.
- Resources for Edinburg, Texas Entrepreneurs - Browse a variety of resources we've collected to assist Edinburg 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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