Startup How to Guides
Starting an Oil & Gas Field Services & Supplies Business
Launching an oil and gas field services and supplies business is a rewarding experience if you do it right. This article contains a friendly, comprehensive guide that instructs you on how to start your business.
Wondering how to start an oil and gas field services and supplies business? We take you step-by-step from start to success.
How to Write a Simple Oil & Gas Field Services & Supplies Company Business Plan
Haven't created a business plan for your oil and gas field services and supplies business yet? You could be in big trouble.
Rather than avoiding your business plan, keep your business plan simple. Ultimately, your business plan is intended to be a resource for you, the business owner.
Instead of investing countless hours in a lengthy business plan, put pen to paper now and document the essentials with the understanding that your plan will be revised as you move forward.
Investigate the Competition
Well in advance of opening an oil and gas field services and supplies business in your town, it's worthwhile to see how you will fit in the competitive landscape. Use the link below to generate a list of competitors near you. After clicking on the link, type in your city, state and zip code to get a list of oil and gas field services and supplies businesses near you.
Is the established competition doing a good job? It's important to understand their strengths and weaknesses and think through how you'll stake up against those established businesses.
Learn from Others Who Are Already In This Space
If you are seriously contemplating launching an oil and gas field services and supplies business, it's a smart move to have a conversation with someone who is in the business. If you think your local competitors will give you advice, you're being overoptimistic. The last thing they want to do is help you to be a better competitor.
However, an entrepreneur who owns an oil and gas field services and supplies business in a different city may be willing to share their entrepreneurial wisdom with you, after they realize you reside far away from them and won't be stealing their local customers. Many business owners are happy to give advice to new entrepreneurs If you are persistent, you can find a business mentor who is willing to help you out.
Do you know how to find an oil and gas field services and supplies business founder who is willing to advise you because you live in different cities?
No problem! Just use the link below and try a random city/state or zipcode. Then start dialing for advice until you are successful.
Why You Should Buy (Instead of Start) an Oil & Gas Field Services & Supplies Business
We know . . . From the time you were a kid you dreamed about starting a business from scratch and growing it to a position of market dominance.
Yet a healthier and safer strategy may be to purchase an existing oil and gas field services and supplies business.
When you buy an existing company, you get a functional (and presumably profitable) company from day one. And that's not to mention the fact that a purchase let's you avoid the trial-and-error mistakes that are common in startups.
Franchising May Be a Better Way to Go
If you don't want to have to do everything on your own, you ought to think about becoming a franchisee.
If you are thinking about opening an oil and gas field services and supplies business, you should assess whether there are good franchise opportunities available that might be the right move for you.
The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.
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