Oklahoma Business Startup Guides
Open a Business in Guthrie, Oklahoma
Need help starting a business in Guthrie, Oklahoma? We've got the information you need to open a business in Guthrie.
Are You Sure You Want to Do This?
Before you get too far along in the process, assess your entrepreneurial instincts and capabilities.
Here are three things we recommend you do before you fully commit to starting a new business of your own.
- Talk to other entrepreneurs in Guthrie. Ask them candidly what it's like to run a business.
- We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
- Get feedback from somebody whom you trust. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.
Guthrie, Oklahoma Demographic Information
Guthrie has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Guthrie demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Guthrie.
Businesses
As a new Guthrie entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Guthrie 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 Guthrie Business?
An excellent way to get started in business is to Buy a Business in Oklahoma. Follow that link and you may find several good businesses for sale in Guthrie.
For anybody who wants to buy a business, we recommend reading this useful article: How to Buy a Business.
Naming the Business
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.
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.
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 opening a business in Guthrie, it's very important that you make sure no other Oklahoma company is using the business name you want to use.
Raising Money for Your New Venture
Getting your Guthrie business the capital it needs to succeed will be harder than you might expect. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.
To learn about raising money, we recommend you read the fundraising articles on our site, such as 504 Loans.
For Guthrie entrepreneurs on the hunt for startup funding, check out our List of Oklahoma Angel Investors and our List of Oklahoma Venture Capital Firms.
How to Improve Your Entrepreneurial Abilities
Successful entrepreneurs recognize that what they know now may not be enough to ensure their future success.
As an entrepreneur who lives in Guthrie, Oklahoma, you will want to take advantage of the many programs available at nearby Oklahoma universities, colleges and community colleges. It's also worthwhile to see if there are any Guthrie networking organizations.
Next Steps
You have a dream -- starting a business in Guthrie. To achieve your dream, you have to persevere, even when the odds are against you.
From this point on, you control your own destiny.
This site is all about helping entrepreneurs in Guthrie and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Guthrie 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 Guthrie, Oklahoma
Here are more links that we believe will help you be successful in starting a business in Guthrie.
- Resources for Guthrie, Oklahoma Entrepreneurs - Browse a variety of resources we've collected to assist Guthrie 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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