Texas Business Startup Guides

Opening a Business in Jewett, Texas

Contemplating starting a business in Jewett, Texas? We walk you through the process of opening a business in Jewett.

Are You Ready for the Challenges of Being an Entrepreneur?

Before announcing to the world that you are going to start your own business, take inventory of your entrepreneurial instincts and capabilities.

Because entrepreneurship is not for everyone, we recommend you do the following to help you assess whether you should move forward with starting a business:

  • Speak with other entrepreneurs in Jewett. Listen closely to their experiences and see if you think you too can be successful.
  • You should read Business Failure. It's a good read for those who are thinking about becoming an entrepreneur.
  • Involve a spouse, family member or trusted friend in the decision. Ask them directly: Do I have what it takes to be an entrepreneur? Listen carefully to their answer, as they presumably know your strengths and weaknesses.

Jewett, Texas Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
216
5-9 Employees
108
10-19 Employees
36
20-49 Employees
27
50-99 Employees
18
100-249 Employees
0
250-499 Employees
18
500-999 Employees
0
1000+ Employees
0
All Jewett Businesses
423

As a new Jewett entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Jewett 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
Ambulance Services
1
Automotive Parts and Accessories Stores
1
Beer, Wine, and Liquor Stores
2
Credit Unions
1
Dental Laboratories
1
Drinking Places (Alcoholic Beverages)
1
Electric Power Distribution
2
Electrical Contractors
2
Family Clothing Stores
1
Full-Service Restaurants
1
Industrial Gas Manufacturing
1
Iron and Steel Mills
1
Locksmiths
1
Machine Shops
1
Newspaper Publishers
1
Offices of Dentists
1
Pharmacies and Drug Stores
1
Tax Preparation Services
1
Temporary Help Services
1
Testing Laboratories
1
Tire Dealers
1

Is Buying an Existing Jewett Business a Good Strategy?

An excellent way to get started in business is to Buy a Business in Texas. Follow that link and you might discover several good businesses for sale in Jewett.

For anybody who wants to buy a business, we recommend reading this useful article: How to Buy a Business.

Forming a Company in Jewett, Texas

A critical step is ensuring that your business is formed as a legal entity that is separate from its owners. The main advantage of forming your new business as a legal entity is that it separates your business liabilities from your personal liabilities.

The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.

Incorporating is a very common way to legally create a business entity. A key decision is whether to form and S-Corp or a C-Corp, and you also must decide in which state you will incorporate. If you are starting a business in Texas, you don't necessarily have to incorporate in Texas. In fact, you can incorporate wherever you want. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.

There are many nuances to forming a company. To learn the fundamentals of company formation, browse articles on our site, such as Getting an EIN. You should also consider getting professional assistance from your business lawyer. Finally, if you are starting a business in Jewett, Texas, our information on Incorporating in Texas may be a useful resource if you decide to incorporate in Texas.

Building Up Your Sales

Being able to sell is essential to your business success. Whether you are focused on selling local customers in Jewett 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.

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

How to Improve Your Entrepreneurial Abilities

The best entrepreneurs recognize that they need to continually improve.

Given that you are starting a business in Jewett, Texas, you will want to take advantage of the learning programs at local Texas educational institutions. It's also worthwhile to see if there are any networking organizations for Jewett entrepreneurs.

Never Give Up

You have a dream -- starting a business in Jewett. 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 Jewett businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Jewett 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 Jewett, Texas

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

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