Texas Business Startup Guides
Opening a Business in Round Rock, Texas
Contemplating starting a business in Round Rock, Texas? We walk you through the process of opening a business in Round Rock.
Round Rock, Texas Demographic Information
Round Rock has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Round Rock demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Round Rock.
Businesses
As a new Round Rock entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Round Rock 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 a Franchise Opportunity Right For You?
As you drive around Round Rock, it becomes clear that purchasing a franchise is a common way to get started as an entrepreneur. But is franchising the right option for you?
We advise the entrepreneurs we work with to consider franchising as an option. We have many articles on franchises, such as Staffing a Franchise. Become a franchising expert of sorts by reading more of our Articles on Franchising.
You can find franchise opportunities by browsing our Franchise Opportunities Directory.
Sample franchise opportunities include Red Roof Inns, Inc. and BP Connect. Alternatively, you can browse franchise categories, such as Frozen Yogurt Franchises and Kid Friendly Franchises.
Note on Round Rock Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Round Rock.
Should You Buy an Existing Round Rock Business?
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 Round Rock.
For anybody who wants to buy a business, we recommend reading this useful article: Hold Harmless Agreements When Buying Businesses.
Picking a Company Name
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: Naming a Business.
There's one other important factor when naming a business. Since you are planning on starting a business in Round Rock, it's imperative that you check now that you will be the only Texas company using the business name you have chosen.
Forming a Company in Round Rock, Texas
A critical step is ensuring that you form your business as a legal structure. Doing so will shield you from personal liability for business debts and obligations.
The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporating is a very popular way to form a business. Of course, you have to decide which type of corporation to form and where to incorporate. If you are starting a business in Texas, you don't necessarily have to incorporate in Texas. As it turns out, you can incorporate in the state of your choosing. 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. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Subchapter S Corporations. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Round Rock, Texas, our information on Incorporating in Texas may be a useful resource if you decide to incorporate in Texas.
Where to Get Money to Start a Company
Finding the funds to fuel the growth of your Round Rock business requires strong organization skills and perseverance. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.
To learn about raising money, we recommend you read the fundraising articles on our site, such as Business Incubators.
For Round Rock 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.
Interviews With Round Rock Entrepreneurs
We're compiling a number of interviews with Round Rock entrepreneurs. Enjoy!
Now It's Up To You
Most new Round Rock businesses underestimate the number of challenges they will face.
Owning your own business will be a daunting task, but you can do it.
Our goal here is to promote the vitality and growth of small businesses in Round Rock and throughout the United States . We believe entrepreneurship is an amazing engine for job creation in Round Rock, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Round Rock, Texas
Here are more links that we believe will help you be successful in starting a business in Round Rock.
- Resources for Round Rock, Texas Entrepreneurs - Browse a variety of resources we've collected to assist Round Rock 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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