Oklahoma Business Startup Guides
Start a Business in Frederick, Oklahoma
Are you starting a business in Frederick, Oklahoma? This article discusses the most important things to consider when opening a business in Frederick.
Do You Have What It Takes?
Most new ventures don't make it, in part because the business owner did not have the tenacity and/or the skills to succeed. So, before you start your business, consider all of the implications of being an entrepreneur.
With so much at stake when you start a business, we strongly recommend you do the following before you proceed:
- Grab a meal or cofee with other entrepreneurs in Frederick. Get their candid feedback on what it takes to start a successful business.
- Take a look at Business Failure. It's a short article but it's a good reality check for those are about to jump into the world of entrepreneurship.
- Involve a spouse, family member or trusted friend in the decision. A support network of family and friends can be a great sounding board for good advice before you decide for sure to go into business.
Frederick, Oklahoma Demographic Information
Frederick has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Frederick demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Frederick.
Businesses
As a new Frederick entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Frederick 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
Have You Considered Buying an Existing Frederick Business?
An excellent way to get started in business is to Buy a Business in Oklahoma. Follow that link and you can review several good businesses for sale in Frederick.
For anybody who wants to buy a business, we recommend reading this useful article: Buying a Business.
The Role of the Business Plan
A business plan is essential in maximizing the prospects of your new company. Indeed, 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.
Before you start writing a business plan, we suggest you skim Find Sample Business Plans Online. A great resource for business planning assistance is the free counseling sessions provided by your local SCORE chapter in Oklahoma.
Raising Capital for Your Company
Finding the funds to fuel the growth of your Frederick business is not an easy task. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.
Take advantage of our many articles on raising capital, such as Attracting Investors.
For Frederick entrepreneurs who need startup capital, check out our List of Oklahoma Angel Investors and our List of Oklahoma Venture Capital Firms.
How to Improve Your Entrepreneurial Abilities
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 Frederick, Oklahoma, you will want to take advantage of the many programs available at nearby Oklahoma universities, colleges and community colleges. We also recommend you look into Frederick networking organizations.
Now It's Up To You
Most new Frederick businesses underestimate the number of challenges they will face.
From this point on, you control your own destiny.
This site is all about helping entrepreneurs in Frederick and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Frederick, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Frederick, Oklahoma
Here are more links that we believe will help you be successful in starting a business in Frederick.
- Resources for Frederick, Oklahoma Entrepreneurs - Browse a variety of resources we've collected to assist Frederick 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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