Texas Business Startup Guides
Start a Business in Gatesville, Texas
Are you starting a business in Gatesville, Texas? This article discusses the most important things to consider when opening a business in Gatesville.
Gatesville, Texas Demographic Information
Gatesville has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Gatesville demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Gatesville.
Businesses
As a new Gatesville entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Gatesville 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
Naming the Business
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.
Before you decide on a company name, run it by some prospective customers and see what they think. If they don't like it, it's probably a good idea to go back to the drawing board.
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Branding Advice.
On a final note, given that you are planning on starting a business in Gatesville, it's imperative that you check now that no other Texas company is using the business name you want to use.
Make Sure You Have a Business Plan
A business plan is essential to the health of your new business. In effect, your business plan is your game plan for how you hope to grow your business. Starting a business without a business plan is a recipe for disaster.
To learn more about business plans, read Business Plan Contests. A great resource for business planning assistance is the face-to-face free consulting available from your local SCORE chapter in Texas.
Raising Money for Your New Venture
Getting your Gatesville business the capital it needs to succeed requires strong organization skills and perseverance. The reality is that there is very little funding available for new small businesses, and you have to explore every possible alternative.
Take advantage of our many articles on raising capital, such as 504 Loans.
For Gatesville entrepreneurs who want to raise money for a new venture, check out our List of Texas Angel Investors and our List of Texas Venture Capital Firms.
Marketing Your New Venture
Whether your goal is to attract Gatesville customers or you plan on selling elsewhere, having an excellent marketing plan is fundamental to your beating the competition.
We have some useful resources on this site for entrepreneurs who are working on marketing plans. Avoiding Bad Product Launches discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.
Building Up Your Sales
Mastering the art of selling is essential if you want your new Gatesville business to do well.
Good selling involves demonstrating that your wares meet your customer's needs. Fortunately, we've got plenty of good advice to help you improve your selling skills.
Landing Big Customers 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.
Moving Forward
Most new Gatesville businesses underestimate the number of challenges they will face.
Owning your own business will be a daunting task, but you can do it.
We are here to help Gatesville businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Gatesville, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Gatesville, Texas
Here are more links that we believe will help you be successful in starting a business in Gatesville.
- Resources for Gatesville, Texas Entrepreneurs - Browse a variety of resources we've collected to assist Gatesville 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.
More Business Startup Guides for Texas
Starting a Business in Garrison
Starting a Business in Georgetown
Browse All Business Startup Guides for Texas
Starting a Business Guides for Other States
Share this article
Additional Resources for Entrepreneurs