The Best Franchise Opportunities for Hispanics!






Franchise News


September 19, 2013

How to Start a Business in Texas

By: Email Author

Texas that is a good setting to start your own business. Prominence of the Hispanic Community in the State of Texas.


Hispanic Americans Create Their Own Destiny

The Hispanic American community is well known for its desire to be independent in business. However, dealing with the highly competitive modern business landscape without help can be quite an uphill battle.

Entrepreneurs are more likely to succeed when they have training from experienced business professionals. It is also easier to succeed when a business owner has contacts with suppliers and a built in system with an automated financial and administrative process. Constant dedication is also a requirement: Starting a business because you want to work less is always a losing proposition. This is why you must create a business in an industry that you enjoy. Over 90% of small businesses fail within the first five years of operation because the business owners do not consider all of these aspects of running a company.

Texas is a good setting to start your own business

There are states where it is easier to interact in the market because the business culture that surrounds it is conducive to the Hispanic entrepreneur. Texas is a state with a large Hispanic population, giving the Hispanic American entrepreneur the advantage of comfort and a built in audience.

Prominence of the Hispanic Community in the State of Texas

According to data from the 2010 Census, 8% of the population of the entire United States lives in Texas. This percentage represents over 25 million people. However, the truly remarkable thing about Texas is that it is second only to California in the number of Hispanics living there. According to the 2010 Census, over 9.5 million Hispanics live in the state of Texas. Not only that, but the ratio of Latinos in the state to the total populace is nearly four Hispanics for every ten people (38%) and this trend continues to rise. Texas's total population between censuses (2000-2010) grew 21%, while the Hispanic community grew 42% over the same time period. Hispanic Americans can definitely start a business and feel quite comfortable that they have a real chance at success in Texas.

One Way to Start Your Own Business in Texas With Support

One of the ways that many savvy Hispanic American entrepreneurs are taking advantage of the business landscape of Texas is to start a franchise. Below are just a few of the advantages of creating a franchise in the state:

  • The business that the entrepreneur creates is immediately incorporated into an established brand with experience in market success.
  • The entrepreneur does not need to have previous experience in the industry in question. A good franchise operator will train an entrepreneur in all aspects of the business, from operations to marketing.
  • Entrepreneurs receive ongoing corporate support in all aspects of franchising instead of having to work problems out on their own.
  • And much more ...

 

A Smart Way to Find Out About the Business Opportunities in Texas

It is important to be honest with yourself and know perfectly what abilities you have that could prove advantageous in starting a business. You must also have a taste for the work involved in developing a business. By purchasing a franchise, you commit yourself to your business as your lifestyle. This is the only way to be successful in today's highly competitive market.

Once you have decided that creating a franchise in the state of Texas is for you, check the business and franchise portal BuscaTuFranquicia.com to find out about the best business opportunities in the area (click here). Your initial consultation from us is at no cost to you. We look forward to helping you help your community and yourself by taking advantage of the business opportunities in Texas.   



Category: General


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