Texas Business Startup Guides
Start a Business in Frisco, Texas
Are you starting a business in Frisco, Texas? This article discusses the most important things to consider when opening a business in Frisco.
Frisco, Texas Demographic Information
Frisco has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Frisco demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Frisco.
Businesses
As a new Frisco entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Frisco 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
Is Buying an Existing Frisco Business a Good Strategy?
We've created a helpful website page for those who want to Buy a Business in Texas. Follow that link and you may find several good businesses for sale in Frisco.
If you are serious about buying a business, you may want to read this article: How to Buy a Business.
Selecting a Name For Your Venture
Making the right decision when choosing a company name is very important. There are many decisions you'll make now that you can change later, but changing a company name years down the road is not very easy. So, choose a good company name at the outset.
Company names need to be easy to spell, easy to pronounce, and easy to remember.
For other considerations regarding naming a company, we recommend this article: Branding Advice.
As a final piece of advice, remember that because you are opening a business in Frisco, it's very important that you make sure no other Texas company is using the business name you want to use.
The Role of the Business Plan
A business plan is vital in maximizing the prospects of your new company. Simply put, a business plan describes what you plan to do with the business and how you plan to do it. Starting a business without a business plan is a recipe for disaster.
To learn more about business plans, read Business Plan Contests. You can also get free counseling sessions provided by your local SCORE chapter in Texas.
Getting Money to Start a Business
Getting your Frisco business the capital it needs to succeed requires strong organization skills and perseverance. In fact, financing your new business may be the hardest challenge you ever face.
Take advantage of our many articles on raising capital, such as 504 Loans.
For Frisco entrepreneurs who need startup capital, browse our List of Texas Angel Investors and our List of Texas Venture Capital Firms.
Marketing Your New Venture
To grow your Frisco business, you need a solid marketing plan.
We have some helpful resources on this site for entrepreneurs who are working on marketing plans. Business Logo Design is a good read to get your marketing juices flowing. That's just one of the many useful articles we have on Marketing a Small Business.
How to Sell
Being able to sell is critical to your business success. Whether you are focused on selling local customers in Frisco or are selling to customers throughout Texas, the United States or even the world, you have to be able to sell.
The key to selling is to set sales goals goals and monitor your progress towards those goals. Let us help you refine your selling techniques through our many useful sales advice tips.
How to Build and Motivate a Sales Team is worth reading, as it may give you some good ideas on how to sell your products or services. We have many more good articles on selling that you may enjoy reading.
Next Steps
You have a dream -- starting a business in Frisco. To achieve your dream, you have to persevere, even when the odds are against you.
If you choose the right business and love what you do, you will greatly increase your odds of success.
Our goal here is to promote the vitality and growth of small businesses in Frisco and throughout the United States . We believe entrepreneurship is an amazing engine for job creation in Frisco, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Frisco, Texas
Here are more links that we believe will help you be successful in starting a business in Frisco.
- Resources for Frisco, Texas Entrepreneurs - Browse a variety of resources we've collected to assist Frisco 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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