Texas Business Startup Guides

Open a Business in Three Rivers, Texas

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

Will You Be a Good Entrepreneur?

Before you get too far along in the process, 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 Three Rivers. They are usually very willing to share their insights on the ups and downs of being an entrepreneur.
  • 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. Others sometimes know you better than you know yourself.

What Business Are You Starting?

There are many businesses that you can start. How do you know which type of business is right for you? To stir your creative juices on what kind of business to start, take a look at Business Ideas That Don't Make Sense.

For in-depth how-to guides on how to start specific businesses, browse our Good Businesses to Start section of our site. For example, you might be interested in our Opening a Window Shades Installation, Cleaning, & Repair Business guide or our Opening a Motorized Escort Services Business guide.

Remember that your new startup will be located in Three Rivers. Some businesses will do better in Three Rivers than others. Only by spending some time analyzing Three Rivers demographics can you decide if there will be strong demand for your business idea.

Three Rivers, Texas Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
820
5-9 Employees
195
10-19 Employees
90
20-49 Employees
105
50-99 Employees
30
100-249 Employees
0
250-499 Employees
15
500-999 Employees
0
1000+ Employees
0
All Three Rivers Businesses
1255

As a new Three Rivers entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Three Rivers 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
Appliance Repair and Maintenance
1
Barber Shops
1
Car Washes
1
Child Day Care Services
3
Coin-Operated Laundries and Drycleaners
1
Electric Power Distribution
1
Employment Placement Agencies
1
Environmental Consulting Services
1
Florists
1
Full-Service Restaurants
6
Funeral Homes and Funeral Services
1
General Automotive Repair
3
Insurance Agencies and Brokerages
3
Limited-Service Restaurants
1
Livestock Merchant Wholesalers
1
Marketing Consulting Services
1
New Car Dealers
1
Newspaper Publishers
1
Nursing Care Facilities
1
Offices of Lawyers
3
Painting and Wall Covering Contractors
1
Petroleum Bulk Stations and Terminals
1
Petroleum Refineries
1
Pharmacies and Drug Stores
1
Pipeline Transportation of Crude Oil
1
Site Preparation Contractors
3
Tax Preparation Services
1
Testing Laboratories
1
Wired Telecommunications Carriers
1

Forming a Company in Three Rivers, Texas

A critical step is ensuring that you choose the right legal structure for your new entity. 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 common way to legally create a business entity. 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. In fact, 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. To learn the basics of company formation, browse articles on our site, such as Nevada Incorporation. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Three Rivers, Texas, our information on Incorporating in Texas may be a useful resource if you decide to incorporate in Texas.

Don't Forget to Create a Business Plan

Having a business plan is vital to the health of your new business. Simply put, a business plan describes what you plan to do with the business and how you plan to do it. Not having a business plan makes you more prone to becoming a business failure statistic.

To learn more about business plans, read Business Plan Contests. You can also get free counseling sessions provided by your local SCORE chapter in Texas.

Improving Your Entrepreneurial Skillset

Successful entrepreneurs recognize that they need to continually improve.

With your business being located in Three Rivers, 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 Three Rivers entrepreneurs.

What's Next?

You have a dream -- starting a business in Three Rivers. 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.

Our goal here is to promote the vitality and growth of small businesses in Three Rivers and throughout the United States . We believe entrepreneurship is an amazing engine for job creation in Three Rivers, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Three Rivers, Texas

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

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