Texas Business Startup Guides

Open a Business in Goldthwaite, Texas

Need help starting a business in Goldthwaite, Texas? We've got the information you need to open a business in Goldthwaite.

Goldthwaite, Texas Demographic Information

Goldthwaite has an active business community that includes small businesses, mid-sized businesses and large businesses.

To give you a better feel for Goldthwaite demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Goldthwaite.

Business Size
# of
Businesses
1-4 Employees
219
5-9 Employees
63
10-19 Employees
36
20-49 Employees
15
50-99 Employees
15
100-249 Employees
0
250-499 Employees
0
500-999 Employees
0
1000+ Employees
0
All Goldthwaite Businesses
348

As a new Goldthwaite entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Goldthwaite 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.

Business Type
# of
Businesses
Animal (except Poultry) Slaughtering
1
Automotive Parts and Accessories Stores
1
Business Associations
1
Cable and Other Program Distribution
1
Cafeterias
1
Child Day Care Services
2
Emergency and Other Relief Services
1
Exterminating and Pest Control Services
1
Farm Supplies Merchant Wholesalers
1
Finish Carpentry Contractors
1
Florists
2
Full-Service Restaurants
4
Funeral Homes and Funeral Services
1
Gift, Novelty, and Souvenir Stores
2
Golf Courses and Country Clubs
1
Hardware Stores
2
Insurance Agencies and Brokerages
1
Janitorial Services
1
Land Subdivision
1
Libraries and Archives
1
Masonry Contractors
1
New Car Dealers
2
Newspaper Publishers
1
Nursing Care Facilities
2
Office Administrative Services
1
Offices of Certified Public Accountants
1
Offices of Chiropractors
1
Offices of Lawyers
2
Offices of Optometrists
1
Pharmacies and Drug Stores
1
Photography Studios, Portrait
1
Ready-Mix Concrete Manufacturing
1
Real Estate Credit
1
Recreational Vehicle Dealers
1
Securities Brokerage
1
Sheet Metal Work Manufacturing
1
Site Preparation Contractors
1
Special Needs Transportation
1
Tire Dealers
1
Title Abstract and Settlement Offices
1
Used Car Dealers
1
Wired Telecommunications Carriers
1

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.

For other considerations regarding naming a company, we recommend this article: Branding Advice.

On a final note, given that you are planning on starting a business in Goldthwaite, 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

Having a business plan is essential to the health of your new business. Simply put, your business plan is your game plan for how you hope to grow your business. Starting a business without a business plan makes you more prone to becoming a business failure statistic.

If you want more information on writing business plans, we recommend reading Business Plan Contests. You can also get free business counselors available to you through your local SCORE chapter in Texas.

Raising Money for Your Startup

Getting your Goldthwaite business the capital it needs to succeed is very difficult due to the ongoing business credit crunch. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.

Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled Investor Turnoffs.

For Goldthwaite entrepreneurs with great ambition but a shortage of investment capital, check out our List of Texas Angel Investors and our List of Texas Venture Capital Firms.

Marketing Your New Startup

To grow your Goldthwaite business, you need a solid marketing plan.

You can learn quite a bit about marketing on our site. Dealing with Angry Customers is a good read to get your marketing ideas flowing. That's just a taste of the many useful articles we have on Marketing a Small Business.

Building Up Your Sales

Being able to sell is a key enabler to your business success. Whether you are focused on selling local customers in Goldthwaite or are selling to customers throughout Texas, the United States or even the world, you have to be able to sell.

Good selling involves demonstrating that your wares meet your customer's needs. The good news is we can help you to make selling a big competitve advantage for your new firm.

Writing Great Proposals offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.

Advancing Your Entrepreneurial Skills

Good entrepreneurs recognize that they don't know everything.

With your business being located in Goldthwaite, Texas, you will want to take advantage of the many programs available at nearby Texas universities, colleges and community colleges. It's also worthwhile to see if there are any networking organizations for Goldthwaite entrepreneurs.

Never Give Up

You have a dream -- starting a business in Goldthwaite. 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 Goldthwaite businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Goldthwaite entrepreneur who is just getting started or you are already up and running with your new venture.

More Entrepreneurial Resources for Starting a Business in Goldthwaite, Texas

Here are more links that we believe will help you be successful in starting a business in Goldthwaite.

Starting-a-Business Guides for Other Cities in Texas

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