Texas Business Startup Guides
Opening a Business in Wharton, Texas
Contemplating starting a business in Wharton, Texas? We walk you through the process of opening a business in Wharton.
Are You Ready for the Challenges of Being an Entrepreneur?
Being an entrepreneur is demanding, much harder than working as an employee. Are you positive you have the stamina and skills to succeed on your own?
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:
- Talk to other entrepreneurs in Wharton. Listen closely to their experiences and see if you think you too can be successful.
- We recommend reading Should You Become an Entrepreneur?. For aspiring new entrepreneurs, it's a must read article.
- Have a candid conversation with friends and family. 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.
Wharton, Texas Demographic Information
Wharton has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Wharton demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Wharton.
Businesses
As a new Wharton entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Wharton 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
What About Franchising Opportunities?
Visit the business district of Wharton and it's apparent that franchising has become a very popular way to start a business. But is franchising the right option for you?
Our recommendation is that you consider franchising as an option. We have many articles on franchises, such as Before Buying a Franchise. Get a thorough education on franchising by browsing all of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Sample franchise opportunities include Penn Station East Coast Subs and Snelling Personnel Services. Alternatively, you can browse franchise categories, such as Bakery Franchises and Moving Franchises.
Note on Wharton Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Wharton.
Choosing a Company Name
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.
Company names should be fun to say, and they should help people to understand what you do and how you differentiate yourself in the market.
Numerous company naming issues are discussed in more detail in this article: Naming a Business.
As a final piece of advice, remember that because you are opening a business in Wharton, it's critical that you ensure that you will be the only Texas company using the business name you have chosen.
Don't Skip the Business Plan
Having a business plan is vital to the health of your new business. In effect, your business plan is your game plan for how you hope to grow your business. Failure to write a business plan makes you more prone to becoming a business failure statistic.
To learn more about business plans, read Find Sample Business Plans Online. You should also take advantage of free counseling sessions provided by your local SCORE chapter in Texas.
Promoting Your New Company
Whether your goal is to attract Wharton customers or you plan on selling elsewhere, you'll need to have a good marketing plan.
You can learn a ton about marketing on our site. Telemarketing Service Costs is an article that will stimulate a few thoughts on your marketing plan. That's just one of the many useful articles we have on Marketing a Small Business.
Never Give Up
As an entrepreneur in Wharton, you won't be working for the boss anymore. You are the boss.
Owning your own business will be a daunting task, but you can do it.
This site is all about helping entrepreneurs in Wharton and elsewhere to achieve real success. We have a wealth of experience in business start-ups, financing, marketing, sales and more...and we've made all of our knowledge available to you.
More Entrepreneurial Resources for Starting a Business in Wharton, Texas
Here are more links that we believe will help you be successful in starting a business in Wharton.
- Resources for Wharton, Texas Entrepreneurs - Browse a variety of resources we've collected to assist Wharton 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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