#mel feller in dallas | Explore Tumblr Posts and Blogs

ourmrmel · 6 years

Text

Mel Feller MPA, MHR, Illustrates How to Start a Business in Texas

Mel Feller MPA, MHR, Illustrates How to Start a Business in Texas

Mel is the President/Founder of Mel Feller Seminars with Coaching for Success 360, Inc. and Mel Feller Coaching. Mel Feller is an Innovator and Business Leader. Mel Feller currently maintains offices in Texas and in Utah. Mel is currently an MBA Candidate.

The Steps:

Determine Your Business Structure

Pick a Business Name

Request an Employee Identification Number

Acquire Business Licenses and Permits

Check on Your Business Employer Requirements

Texas’ support for small business, in particular, is evident in its low business licensing fees, its lack of red tape, and an abundance of relatively cheap real estate. Few states can boast a similar lack of regulation that lets businesses be born almost as soon as they are conceived, with only a small out-of-pocket investment.

First: Determine Your Business Structure

You need to choose the type of legal, for-profit business entity you want your business to be, which depends on a few factors. This includes what kind of business you are starting, whether you’ll have employees and your comfort with liability. Some structures are free to register; others have a low fee and are subject to the state franchise tax.

Some of the most common choices include:

Sole proprietorship: The most common and simplest form of business structure, a sole proprietorship is perfect for one person who owns all the business assets. This person is 100% liable for the business. Their sole proprietorship assumes their name, unless they want to create a “DBA certificate” to give it another name, to be filed in all counties where business is conducted. These structures are not subject to the state franchise tax.

General partnership: Similar to a sole proprietorship, but it’s for two or more individuals. It’s a separate business entity from those people, but creditors can still hit up the partners’ personal assets to satisfy debts and liabilities. They are not subject to state franchise tax.

Limited liability Company: An LLC is created by filing a certificate of formation with the Texas secretary of state. It is an unincorporated business entity with more flexibility, providing owners with limited liability and pass-through tax advantages. LLCs are subject to state franchise tax, and the certification of formation for an LLC is $300. This should not be confused with a limited liability partnership, which is a general partnership registered with the secretary of state and, in Texas, costs $200 for the certificate of formation per general partner.

For-profit corporation: “Corporations are people, too.” It is true: Corporations are people with limited liability, centralized management, perpetual duration, and ease of ownership transferability. Owners of corporations are shareholders, and managers of the business are directors. For-profit corporations must register with the Texas secretary of state, must pay a filing fee for the certificate of formation of $300, and are subject to a state franchise tax.

If your business was formed in a state or entity other than Texas but you want to “transact business” in the state, you need to file an application for registration with the Texas secretary of State as a foreign entity.

Second: Pick a Business Name

This may sound obvious, but you need to choose a business name. If you open a sole proprietorship, your name can be the business name—otherwise, you need an Assumed Name (which comes via the DBA certificate). If you’re struggling on how to come up with the right name, consider these steps:

Do a Google Search

If that business name sounds too good to be true, it may be. First, do a preliminary search to find any conflicts with your Texas business name, especially in your local area. Consider a name that is easy to pronounce and spell as well as one that is very searchable.

Do a Trademark Search

Before you pick a name, you will want to ensure it has not already been trademarked. To start, sift through the trademarks already registered with the U.S. Patent and Trademark Office. This database can show you which names have already been registered along with the classification of each one.

Check Texas’s Business Name Database

Once you have picked a Google-able name and discovered it’s not trademarked, check the Texas Department of State: Division of Corporations database. This will ensure your business name is not the same (or too similar) to another corporation registered in Texas.

Give your name a lot of thought: It is hard to change it up in the middle of your company’s lifespan.

Third: Request an Employee Identification Number

An EIN, or business tax identification number, is the business equivalent of a social security number and is used to track your business dealings. It is useful for establishing business credit, opening business checking accounts, and, if you have employees, filing their tax withholdings. You can apply for your EIN with the IRS here.

An EIN is free to obtain; you can also contract a third party like LegalZoom to ensure you are 100% compliant with the law, including getting your EIN for you.

In addition to understanding your federal tax responsibilities, you also need to research your state and local taxes. The Comptroller of Public Accounts collects various state taxes and imposes and collects franchises taxes, though most small businesses are exempt.

Business inventory tax is assigned to businesses that own fixed assets, to be paid to your local county appraisal district. You will want a quality inventory and fixed asset management system to ensure you know exactly how much you invested (and thus, what you will have to pay taxes on) in your equipment and machinery, if applicable.

Fourth: Acquire Business Licenses and Permits

Texas does not require companies to buy a “general business” license. However, depending on the type of business you open, you might need a specific license or permit. Check out the Texas Department of Licensing and Regulation to see if your specific profession qualifies. If you’re unsure of what you need, contact your local county or city government to double check any additional requirements.

Varieties of small fees are associated with obtaining various business filings and trademarks, such as a change of registered agent or a limited partnership periodic report. The full list can be found here—it works as a good checklist when starting out.

Fifth: Check on Your Business Employer Requirements

This is specific to the type of business you are starting in Texas, including whether you have employees, but there are various labor, safety, and tax obligations to satisfy, too, such as federal and state mandates like the Americans with Disabilities Act, Equal Employment, and safety, wage, and labor requirements. You might want to hire a tax or business attorney to make sure you are following the law here.

You have a few other economic hurdles to clear as you start up and begin running your business in the state of Texas, particularly if you have employees. Here are a few of the most important—but be sure to refer to the full state handbook if you have further questions:

Business Insurance

Texas does not require most private businesses to have workers’ compensation insurance, though those that do obtain helpful legal protections, such as immunity from lawsuits by injured employees. Those without workers’ comp must also file an annual notice with the Texas

Department of Insurance.

Commercial property insurance, such as tenant coverage while renting or leasing a building, that will insure your on-premises property, is highly recommended.

Offering health insurance isn’t a requirement for small employers in Texas, but those that do offer it need to make it available to all employees working 30 hours or more a week, year-round. Insurance companies usually require 75% of eligible employees to participate in their health plan.

Note that the Patient Protection and Affordable Care Act requires all small employer group plans to cover essential health benefits like emergency services and prescription drugs.

Texas Workforce Commission

The Texas Workforce Commission (TWC) and 28 local workforce development boards have teamed up to form Texas Workforce Solutions, to provide support services and administering unemployment benefits and tax programs. A few services to keep in mind:

Skills for Small Business provides training funds for businesses with fewer than 100 employees—$725 for full-time existing employees and double that amount for full-time, new employees to aid in upgrading skills, preparing new hires, and increasing competitiveness. Training is also available at local colleges.

Skills Development Funds are collaborative training programs customized to specific business needs. Companies can apply for this fund grant and customized curriculum.

The Work Opportunity Tax Credit Program offers a tax credit reducing the federal tax liability of employers if they hire someone from target groups, such as SNAP recipients, ex-felons, veterans, and residents of rural renewal counties.

Unemployment Tax

The Texas Unemployment Compensation Act requires “liable employers” to pay unemployment tax. Most of the business structures discussed above fall under this category; non-liable employers include those who hire only independent contractors rather than full-time employees, and those whose employees are paid through a professional employer organization.

Once wages are paid out, employers need to register with the TWC within 10 days of becoming liable for the state’s unemployment tax.

Third-Party Resources, Programs, and Lenders

You do not have to go it alone in Texas. A number of state and federal resources, such as the U.S. Small Business Administration, offer business advice, low-interest loans, grants, and much more. Their programs are geared toward helping veteran-owned businesses, minority-owned businesses, and women-owned businesses, and they are worth exploring if you qualify.

Sixth: Sign Up for Business Banking

If you are a new business owner, it is a very good idea to separate your personal and business banking accounts. First, sign up for a business checking account. If you do not want to be saddled with hefty fees, there are many free business-banking accounts out there. Before you settle on a bank, consider how often you plan to make transactions and how much a balance you can carry month to month.

Getting a business credit card is also a great way to start building business credit and provide a safety net if you need a bit of extra capital. If you qualify, a 0% introductory rate can act as an interest-free loan while you get up in running.

If you are interested in starting a business in Texas, you are definitely in luck: The barrier for entry is low and the number of resources at your disposal is high.

It may be really, hot down there in the summer, but that is a small price to pay for getting your foot in the door of the small business world and keeping it there.

Texas appears to have a stake in helping you succeed—do not take that for granted. It is hard enough to stay afloat in today’s economy, and a state government that has your back is a benefit few should turn down.

Mel Feller, MPA, MHR, is a well-known real estate, business consultant, personal development Consultant and speaker, specializing in performance, productivity, and profits. Mel is the President/Founder of Mel Feller Seminars with Coaching For Success 360, Inc. and Mel Feller Coaching, a real estate and business specific coaching company. His three books for real estate professionals are systems on how to become an exceptional sales performer. His four books in Business and Government Grants are ways to leverage and increase your business Success in both time and money! His book on Personal Development “Lies that Will Sabotage Your Success”. Mel Feller is in Texas and In Utah.

4 notes · View notes

ourmrmel · 6 years

Text

Mel Feller MPA, MHR, Discusses Working from Home and Challenging Fears

Mel is the President/Founder of Mel Feller Seminars with Coaching for Success 360, Inc. and Mel Feller Coaching. Mel Feller is an Innovator and Business Leader. Mel Feller currently maintains an office in Texas. Mel is currently an MBA Candidate.

Have you been considering home-based business opportunities?

If so, you are certainly not alone, as there are an increasing number of people who are considering the idea of working from home very seriously. The trouble is that many people have silly assumptions regarding this method of working.

Many of the important issues, which need to be considered very carefully before making such a life change, are often not given much thought until the jump has been made.

In this discussion, let us have a look at some of the common fears or assumptions and those matters overlooked, or not considered seriously enough.

Fear 1: That you will need to take a massive pay cut and take weeks, months or even years to earn a decent income.

Although this can easily be the case, it need not be. Those who claim that this happened to them, and perhaps quote it as the reason they gave up working at home, are probably those who underestimated the hard work entailed in leaving traditional jobs and staying at home instead.

You would not walk into a standard office job without having trained for it, prepared for it, and made sure that you are ready.

The same is true when considering work from home opportunities. It will be important to plan and prepare well in advance.

Some people spend weeks or months working in their own time after work to get things started, and then switch to working part time to allow them to push the homework more, before finally committing to it full time. It is unlikely that you will be able to walk out of a well-paid job on Friday evening and start heading up a successful and profitable home business opportunity on Monday morning.

Fear 2: That you will no longer have any support if things go wrong.

Of course, there is a degree of truth here, but in all honesty, it need not be the case. If you are considering a work at home business, the chances are you have already started to investigate the possibilities.

One thing you may well have noticed is how many forums and discussion boards there are which those who have already started working from home, or have been doing so for years maintain.

Make sure you join these, and talk to people. Often they'll be great support, but they'll also help put you in touch with relevant organizations and institutions which could offer a great deal of support and advice, whether it's tax related, sorting out your accounting, or looking at marketing strategies.

Overlooked point 1: Too many people assume that if they give up the day job and start working from home, they will be able to relax a great deal more, with less pressure and more flexibility with hours.

Of course, this can be the case, but only if you plan for it very carefully. A huge mistake made by some people is to start their home business on a Monday morning by sleeping in a few extra hours, taking leisurely time to watch daytime television, and squeeze a bit of work in here and there.

It is only when they start to realize how little work has been completed and how little money they have earned, that the pressure builds. Work from home business arrangements or opportunities require an inordinate amount of self-discipline.

It requires that you plan carefully and rigidly, being aware of the work you need to do and planning your time off and breaks very carefully.

If you are not a very self-disciplined person, or would find it too tempting, this needs to be something you consider carefully. However, with good planning and sensible use of your time, working from home can really provide the ultimate flexibility, and give you much greater freedom.

Overlooked point 2: Pressure from home.

This might seem odd, since you are probably well aware of the pressures of office life, but your home is less stressful, and there is almost no pressure there - which is why you want to work from home in the first place, right?

The trouble is that too few people really appreciate the pressure, which their family can unwittingly bring to bear on their business plan. Seeing you at home all day, master of your own time, can easily give the impression that your time is now theirs.

Constant pressure to do little jobs around the house, play with the children, taxi them here and there, do some shopping, and a hundred and one other little daily tasks can eat into your concentration, eat into your precious time, and make you feel guilty for locking yourself away to work.

Bear this in mind, and discuss the whole business plan with your family to ensure they understand how you will need their support.

If you take all of these hindrances to your success into consideration when you work from home, and take steps to ensure that you don't make false assumptions, and that you overlook nothing, than you will have a better than average chance of success with your new home business.

Mel Feller, MPA, MHR, is a well-known real estate, business consultant, personal development consultant and speaker, specializing in performance, productivity, and profits. Mel is the President/Founder of Mel Feller Seminars with Coaching for Success 360, Inc. and Mel Feller Coaching, a real estate and business specific coaching company. His three books for real estate professionals are systems on how to become an exceptional sales performer. His four books in Business and Government Grants are ways to leverage and increase your business Success in both time and money! His book on Personal Development “Lies that Will Sabotage Your Success”. Mel Feller is in Texas and In Utah.

#work from home #work from fears #faers from being self employed #fears from being self employed #self employed why work from home #business plan #work #working #self employed #daily tasks goals #mel feller #mel feller bio #mel feller in dallas texas #mel feller in texas #success #Coaching For Success 360 #mel feller seminars #mel feller coaching

2 notes · View notes

ourmrmel · 6 years

Text

Mel Feller MPA, MHR, Describes the Process of Setting Goals

Success is the progressive realization of a worthwhile goal. – Earl Nightingale

The ability to set goals and to make plans to achieve them is the one essential skill of success. In fact, becoming a continuous goal setter will contribute to your success more than anything else you could ever do. An average person can achieve more than even the most brilliant genius, if that average person has clear written goals and the genius does not. Still, less than 3% have goals in writing and less than 1% review their goals regularly.

The very best way to predict the future is to create it. Goals allow you to decide how your life will change; making sure that the change is in the direction you want. The reason why people with goals succeed is that they know where they are going. It is as simple as that. When you create a vision of something, you want in your life you will suddenly begin to notice the distinctions between where you are and where you want to be. You will become aware and alert to opportunities in your environment that can be resources for you to achieve the goal and you will get creative ideas and inspiration to take action towards it.

Ambition

A high level of ambition is a hallmark of all successful people. This means that you should set goals that are beyond your current ability and skill, yet still believable. You grow as a person from the demands you place on yourself, so always demand more from yourself than anyone else does. What is possible for you today comes from your experiences, and if you limit yourself based on the past you will not go any further.

Set ambitious goals and continually work to surpass them. Your goals only specify the minimum results you will accept, not the maximum. Ambitious goals push you into action and even if you do not achieve every one of them, you will still go farther than if you had settled for goals that were too easy. Find goals grand enough to challenge you. Goals that will push you forward and let you discover what you are capable of. There are no limits to what you can accomplish. The only limits are those that you place on yourself. Do not let the limitations of others be your limitations.

Big goals will motivate and inspire you far more than less challenging goals. Most people settle for far less than they are capable of and get stuck in a comfort zone. The way to get out of the comfort zone is through continuous goal setting – to continually stretch yourself, always striving for something more. The more ambitious your goals are and the stronger your desire for them is, the more motivated you will be to make yourself do what you need to do to get where you want to go.

How badly you want your goals will more than anything else determine whether you achieve them or not. You can have virtually anything you want in life if you know exactly what it is you want and you are prepared to do the tasks necessary to achieve it. The requirement is only that you do the tasks in advance and that you do all of them. To tell that the tasks have been completed is easy, because when they are the success will be there in front of you for all to see.

Selecting your Goals

Brainstorm at least 10 goals that you personally want to accomplish and organize them by priority. Write them all down with at least one for each of these major life areas:

Health, fitness and physical goals.

Emotional and spiritual goals.

Financial, business and career goals.

Family, social and contribution goals.

Material, leisure and experience goals.

Personal and professional development goals.

To clarify what you really want to be, have and do in life, you can project yourself forward 5 years into the future and imagine that all of your dreams have come true. What does it look like for each area? What kind of lifestyle do you have? Where do you live? Who are there with you? Another powerful way to find your goals is to consider how you would spend your time if you had only 6 months left to live. What if you only had 6 weeks, 6 days or 6 hours left? Finally, what would you do if you found out that you had only 60 minutes left to live?

The Steps to Goal Achievement

Define: A real goal is specific, measurable, and time-bound and in writing. Once you have decided upon a goal the first step is to define it clearly, exactly, as you want it accomplished. The more specific and concrete you are, the better. The second step is to make sure your goal is measurable. How much do you want and by when? Set the criteria for achieving it so you can measure your progress towards it. The third step is to decide on the exact date when you will have the goal achieved. Give yourself a realistic, but challenging deadline. Without one, you will procrastinate and put things off. A deadline will motivate you to do the things necessary to make your goal come true. Commit yourself to the deadline and even try to beat it. If you for some reason do not achieve the goal by the deadline, set another deadline until you do achieve it.

Once you have done these three steps, the fourth and final step is to put the goal in writing. Just writing a goal down dramatically increases the likelihood that you will achieve it. A great method is to write your goals down in the present tense, as though they were already accomplished – for example: “I have acquired a certain amount of money”, “I have reached a certain percentage of body fat”, “I have overcome my fear of public speaking” or “I have developed the habit of reading one hour per day”, followed by the deadline date.

Plan: Write down a plan of action to achieve your goal and schedule it in a calendar. A goal is defined by the tasks you have to perform to accomplish it. If your goal is to form a positive habit, such as “I will learn a new skill every month”, the action plan is the same as the goal. On the other hand, if your goal contains many steps, write out a detailed list of everything you need to do. You can then organize the action steps by sequence and priority.

To determine the steps towards your goal, you can often visualize yourself having already achieved it and then work your way back to the present. You should also identify the obstacles in your way, the resources you will require and the people whose cooperation you will need. Write it all down. You can always add to your plan later as you discover more steps. If the goal is long-term, you should break it down into sub goals with deadlines every 30 days.

Once you have written your action plans for each of your major goals, it is time to make a detailed schedule. In brief, you take a couple of minutes at the beginning of each week to schedule tasks from your action plans to the days of the week. During these minutes, you also review your plans, their progress, and set new goals.

Action: After you have planned your work, it is time to work your plan. Your goal setting must result in action, because even the best plan in the world will not work unless you do. Discipline yourself to perform the activities of your plan on schedule. Observe how effective your action steps are and adjust your plan accordingly to make sure that what you are doing is taking you towards your goals. A simple yet powerful success strategy to follow is to schedule and perform one activity for each goal every single day. If you do this, then no matter how big or distant your goals are, you will reach them eventually. It will also build a chain of habits that will put your progress on autopilot.

When you have set a goal, the question of whether it is possible is irrelevant. The only question you need to ask is how this goal can be accomplished. How do you get from where you are to where you want to go? Always be on the lookout for things you can do to contribute to the achievement of your goals and continually look for better ways to achieve them.

Persistence: Make the decision in advance that you will never give up. Never even, consider the possibility of failure. See defeat as just a temporary part of learning how to succeed. Know that as long as you refuse to quit you will eventually be successful. The ability to persist in the face of the inevitable obstacles and difficulties to your goals is essential. In fact, with enough persistence you cannot accomplish very few goals in life.

Your success in any area of life is largely determined by how well you deal with adversity. You can often tell how high and how far a person will go simply by looking at how they react to frustration and setbacks. Successful people are not those who do not have problems – they are the ones who refused to become discouraged by their defeats. Each time we face a challenge we have the choice to respond confidently, or to let it overwhelm us. If you choose deliberately to respond in a constructive way and to deal with the problem effectively, you will learn, grow and become better able to deal with future challenges.

Motivation: It is up to you to make an absolute must out of every goal you set. The more you think about, visualize, review and rewrite your goals, the deeper you will drive them into your subconscious mind, the greater your motivation will be and the faster you will move towards them. Get a clear mental picture of you reaching each one of your goals. Make it so real in your mind that it feels like you already have achieved them. We see the images in our minds that drive us towards our goals. It is these images that we can call to mind for support when the going gets tough.

You should surround yourself with symbols of your goals and plans to help keep them constantly in your mind. For example, find pictures of your goals or write them down on post-it notes that you place on your bathroom mirror or work desk where you can see or read them every day. Alternatively, carry your goals with you on cards in your wallet and review them regularly. You can even begin each day by rewriting all of your major goals, and visualizing yourself already in possession of them.

Summary:

Write your goals down clearly and set a deadline for their accomplishment.

Make plans to achieve your goals, schedule them and take action.

Do something every day that moves you towards your goals and never give up.

Review your goals often and visualize them as already achieved.

2 notes · View notes

ourmrmel · 5 years

Text

Mel Feller MPA, MHR, Discusses Business Grants That You are Eligible For

Mel is the President/Founder of Mel Feller Seminars with Coaching for Success 360, Inc. and Mel Feller Coaching. Mel Feller Ministries. Mel Feller is an Innovator, Business Leader, and Investor. Mel Feller is currently working closely with his son-in-law and partner on an incubator for young entrepreneurs. Mel Feller currently maintains an office in Texas. Currently an MBA Candidate.

There are tons of financial assistance programs available to entrepreneurs and business owners in the United States. Eligibility varies, but there are enough opportunities for everyone to pursue. You just have to be diligent, persistent, and consistent in your quest. Below, you will find several suggestions on how to apply for and obtain small business grants.

Check with Your Local Government Agencies. Many cities, counties, and states give away money to local businesses. Why? Because they want you to create jobs and more tax revenue. Many times, they will not highly publicize these opportunities, but it is in your best interest to give them a call and/or search their web sites.

Check with Federal Government Agencies. The federal government does not give business grants directly to businesses, but they do give money to foundations who in turn can give money to small businesses. The federal agency in charge of this is the Grants Program Management Office, and all of their opportunities are listed publicly at www.grants.gov

Check with Major Corporations. Nearly every major corporation in this country has a foundation that gives away grants to enhance communities, and many of these are grants to start or expand a business. Start with the companies that are headquartered in your home state, and find out if they offer financial assistance for local businesses. If not, venture out and inquire about companies that are not in your state. Many times, they do not care where you live.

Search The Internet. Use Google and Yahoo to conduct a search using the term "business grants". You can even throw in the name of your city, county, state, etc. Carefully review the results, and look for web sites that other web sites are linked to. Doing so, will help you to find opportunities that may be casually listed on a blog or some type of directory. You may even come across a recent news article about a new opportunity.

Ask Around. When attending professional networking functions and social mixers, never hesitate to ask people that you meet about new opportunities. Many times, small business grants are given away to people who happen to be in the right place at the right time. Never underestimate the importance of creating a relationship with a power player and his/her associates.

Visit Your Local Library. Contrary to popular belief, libraries are still an excellent resource and store a lot of information that is not accessible in other places. Go to your library as soon possible; look for grant books and directories and ask specific questions to your librarian. You will be surprised what you can find.

Make Sure it is Legit. The Internet is full of many misleading opportunities. Be cautious, and make sure that the organization or company has a professionally developed web site. Also, make sure they have a phone number, email address, physical address - and are not requiring you to pay to apply. Some legit web sites, however, do sell access to their directory of opportunities for a monthly fee. Other legit web sites may sell e-books that list grant opportunities. This is okay, as long as you are not paying to submit an actual grant application.

Be Patient. Many entrepreneurs make the mistake of rushing through the process of finding and applying for a business grant. The reality is that looking for and qualifying for the right opportunity can take some time. In fact, it can take up to a year or more before you actually get the funds needed into your possession. In addition, you may not immediately find the opportunity that is best for you.

Be Thorough. When applying for small business grants, make sure to dot your "I's" and cross your "T's". In other words, be thorough and complete. Many opportunities will require lengthy applications that can seem endless. Stay the course, and remember that being inaccurate or skipping questions may disqualify you.

Be Optimistic. Many allow the process of applying for grants to intimidate them and scare them away. Yes, it can be time consuming and tedious - but in the end it is very well worth it. Remember, grants do not have to be repaid. This is free money. Do not give up, and stay positive. You will be glad you did!

Mel Feller, MPA, MHR, is a well-known real estate, business consultant, personal development Consultant and speaker, specializing in performance, productivity, and profits. Mel is the President/Founder of Mel Feller Seminars with Coaching For Success 360, Inc. and Mel Feller Coaching, a real estate and business specific coaching company and Mel Feller Ministries. His three books for real estate professionals are systems on how to become an exceptional sales performer. His four books in Business and Government Grants are ways to leverage and increase your business Success in both time and money! His book on Personal Development “Lies that Will Sabotage Your Success”. Mel Feller is in Texas. Visit www.melfellersuccessstories.com and www.melfeller.com

1 note · View note

ourmrmel · 6 years

Text

Mel Feller MPA, MHR, Recommends Starting Your Business in Texas.

Mel is the President/Founder of Mel Feller Seminars with Coaching for Success 360, Inc. and Mel Feller MPA, MHR, Coaching. Mel Feller is a Texas – Utah Innovator and Business Leader. Mel Feller currently maintains offices in Texas and in Utah. Currently an MBA Candidate.

If you are looking for a great place to start your business, or you already live in Texas and wondering if the business climate therein would favor you, then I have good news for you; Texas is a great state to start and run a business.

Why Start a Business Texas?

Texas is sitting on a comfortable economy as it has a very stable telecommunication, technology, healthcare and medical research, banking and transportation sectors. The state is also a great place to do business as it offers reduced taxes, low cost housing and high quality education. In fact, Texas has one of the lowest tax burdens in the United States, ranking as a Top 10 Best State.

Texas, also known as the Lone Star State has a natural geographic advantage over other states, with a first rate transportation network and an economy that is constantly developing. Cities such as Houston, Dallas and Austin remain choice destinations for entrepreneurs.

The Lone Star State is home to over 50 Fortune 500 corporate headquarters including Exxon Mobil, Phillips 66 and AT&T. Texas is home to American Airlines and Southwest Airlines, two of the largest airlines in the world.

In addition to all these, Texas is named the “Best State for Business” by CNBC and has been ranked the “Top State for Business” by CEO Magazine for the past six years, going to show that this state is viable for business and any entrepreneur that wants to move to Texas would be doing themselves a great favor.

Texas does not only favor big conglomerates, as small businesses are also known to thrive there. So if are looking for a small-scale business to start up as an individual in order to take advantage of the bubbling economy of Texas, then here are 50 small businesses for you to consider.

Coffee Shop: A lot of people love coffee, and would always stop over for freshly brewed coffee every occasionally. Setting up a coffee shop in a busy area will attract many customers during office break times and in the mornings. You can add donuts, pretzels or bagels as coffee accompaniment.

Gift shop: granted, there are many gift shops already in Houston, but there is room for new players in the trade. Though the business might be somewhat seasonal, with profits spiking during the Christmas, Thanksgiving, Halloween, Valentine, and other festive periods, an encouraging volume of sales are made all year round.

Hardware Store: setting up a hardware store in Texas is a good business idea because not only you do not need any skills to start the business, but also because the startup cost of the business is quite reasonable. You can setup your store in a commercial area and offer a wide variety of products at reasonable rates. To make it more appealing, you can set up an online storefront for people to choose items from and offer free delivery.

Laundry service: everyone does laundry, and as such, a laundry service is a good business to start anywhere including Texas. This business, even as it is lucrative requires very little startup capital and expertise. All you need to do is find a good location and gather the required equipment. Spread word of your business all over your Houston neighborhood and you will surely get clients provided you offer quality services.

Appliance repair Business: An appliance repair business repairs equipment and appliances that are used in the home and garden. The barrier to entry into this industry is very low and majorities of establishments in this industry are individuals who are running the business on their own. If you have the knowledge, you can start a business where you can repair appliances for people.

Home health care: Home care providers majorly provide non-medical services such as personal care, homemaker and companion services in the homes of their clients. You can start this service on a small scale, but it would definitely expand due to factors such as the aging population and prevalence of chronic diseases such as cancer.

Recycling Business: A recycling facility engages in the recycling of materials such as plastic, paper and glass from waste locations. Once these materials have been separated and sorted, operators go ahead to refine them into useable products and then sell them to wholesalers as well as manufacturers. You can run a small recycling plant in Texas where you can recycle either paper, plastic, metals or other types of materials.

Math center: Many students have challenges learning mathematics, and would need a lot of aid. Setting up a mathematics center in Texas would surely fill such need, as parents would not hesitate to enroll their kids who have challenges with the subject.

Library: A library is an essential facility to have in any state. People go to libraries to read, make research and borrow books, periodicals and magazines. There can never be too many libraries, so one more in Texas would not hurt.

Medical billing service: Medical billing is a payment practice within the United States health system. The process involves a healthcare provider submitting, and following up on claims with health insurance companies in order to receive payment for services rendered, such as treatments and investigations. You can start this business in Texas and make a profit; you only need to have good marketing and networking abilities to enable you get contracts.

Retail travel agency: A travel agency is a private retailer or public service that provides travel and tourism related services to the public on behalf of suppliers such as airlines, car rentals, cruise lines, hotels, railways, travel insurance, and package tours. You can make money from starting this business in Texas to help people make travel plans.

Senior care home: senior home care is a type of residential care that provides a round-the-clock nursing care for elderly people. Texas has a good population of seniors, so starting a business that aims to provide quality care for seniors would prove profitable. However, you need to ensure that you have the required personality to handle the elderly.

Adult Daycare: An adult daycare center is typically a non-residential facility that supports the health, nutritional, social, and daily living needs of adults in a professionally staffed, group setting. Many people in Texas prefer to keep their aged parents and relatives at home instead of sending them to nursing homes, but they would need help to care for them when they need to go out for extended periods. With the right facilities and staff, you can easily carve a niche for yourself.

Savings consultant service: A savings consultant helps clients accomplish financial objectives by assessing financial situations; developing and presenting financial strategies and plans; monitoring changes in financial status and life circumstances. Texas being an economically viable state, savings consultancy services are quite essential.

Sanitation services: This business amongst other things provides odor control services to commercial, industrial, institutional and private markets. You can set up sanitation business to provide such services for businesses.

Fitness club: People always like to keep healthy and fit, and they do so by eating right, getting enough sleep and going to fitness centers. So starting up a small fitness center would sure be a profitable business in Texas.

Pilate’s center: Pilates is a physical fitness system that builds strength, flexibility and lean muscle tone with an emphasis on lengthening the body and aligning the spine, rather than on bulking and shortening the muscles. Some people, especially females prefer this fitness format because of its emphasis on toning the muscles instead of enlarging them. This business can be started small and enlarged gradually when you achieve good customer base.

Healthy vending machine: These days, people are very careful about what they eat as they seek to minimize calorie-laden diets. Healthy vending machines mostly vend fruits, fresh juice etc as against candies and soda. This business would be quite profitable in Texas especially if located in areas where people take their health seriously.

Locksmith: Locksmiths are people that fix broken locks, make keys, and install security systems like alarms. Security is a big part of every state, and since people would always want effective locks and security systems, then your services as a locksmith would be in high demand.

Fundraising service: A fundraising service is a business that helps individuals and businesses to raise funds for their cause. A professional fundraiser works with charities, nonprofit organizations, schools, groups and political groups to help each organization raise the money it needs. Being that there are several such, businesses that need help raising funds in Texas, so a fundraising service would do well in the state. You will get your income from commissions from the funds you raise.

Sales and sales management training: This is a sales management-training program that provides sales people and sales managers with proven skills, knowledge and tools they need to drive bottom line performance. Texas is a state that is high in productivity and as such sales is big business there. Setting up a center that trains people to be proficient in sales would be a moneymaker because you would always have individuals who want to acquire this skill, and organizations that are sending their people to become trained.

Boutique: Part of the basic needs of man is clothing, and everyone has to be clothed no matter the season. You can choose to set up a boutique in the Lone Star State and make large profits. You can choose to go strictly high end in order to carve a niche for yourself because many people can afford such clothes owing to the economic viability of the state.

Home inspection service: As a home inspection consultant, your job will be to identify construction and remodeling problems based on local zoning laws and building codes, and you will also be asked to recommend remodeling projects to help add value to a home. This is a small-scale business that one can start to take care of properties for people.

Dry cleaning service: Texas is a productive state, and many of its citizens are likely to be too busy to take care of their laundry by themselves. A dry cleaning service is a small business that would prove profitable for you if you are able to market it properly.

Window cleaning service: A window cleaning is a small-scale business that can only prove profitable in Texas if you have a right links. It is a fact that Texas has many offices with many of them being high-rise and all requiring professional cleaning. You can start this business if you have the right training.

Ice cream parlor: Everybody love treats, and with Texas being a hot state because of its location close to the desert, their weather is usually suited for ice cream. Just ensure you can produce great tasting ice cream, and you would never lack customers.

Interior painting company: It is a fact that people only paint their houses when they have disposable income. With Texas being an economically viable state, it would be easy for people to repaint their houses from time to time.

Hood exhaust cleaning business: Hood exhaust cleaning (often referred to as kitchen exhaust cleaning) is the process of removing grease that has accumulated inside the ducts, hoods, fans and vents of exhaust systems of commercial kitchens. Texas has several commercial kitchens, and you are sure to make good profit when you start this business.

Gardening service: Gardening is a fast-growing business idea that can save customers’ money and beautify the landscape while also helping the environment. With Texans being too busy to take care of their gardens, you can offer this service for a fee.

Landscaping business: A landscaping business provides clients with lawn services to keep their yards groomed and can plant flowers, trees and shrubs. If you have some training in landscaping, you could provide this service too.

Kitchen remodeling business: Kitchen remodeling is good business, as people frequently want to remodel their kitchens. This is also a good small business to start in Texas.

Spa service: A spa is a business that provides a variety of services for improving health, beauty and relaxation through personal care treatments. Spas offer a variety of services such as manicures, pedicures, hair care, seaweed wraps, aromatherapy, facials, waxing, acupuncture, facial and full body massages. These services are almost essential because people need to relax and pamper themselves after working so hard during the week.

Eyebrow threading business: Threading is a method of hair removal that uses strings in fast motions to remove single strands of unwanted hair in order to create a defined eyebrow shape. Many people want defined brows all days of the week, and you can make a good deal of profits if you start this business but you have to ensure that you are very professional about it. You can also make it a mobile business to gain more customers.

Construction site cleanup: Texas is a state that is always improving on its structures because of its comfortable economic state, and wherever construction is going on, there is bound to be a mess. Construction site cleanup services perform a final cleaning and removal of left over construction materials from commercial and residential properties.

If you can handle this level of cleaning, then you can start this business. Nevertheless, you should note that starting a cleanup business requires a variety of licenses and permits, as well as a budget for buying or leasing the equipment you will need.

Recruitment service: Texas is an upwardly mobile town and as such, there would always be job opportunities to fill, you can as well decide set up a small business where you recruit staff for companies. You can also provide training for the new staff to increase your earnings.

Document scanning service: Document scanning is all about transforming your paper piles into text- searchable digital images. Document scanning eliminates the need to store your paper documents in prime office space and allows you to focus on your core business. You can set up this service in a business area and offer your services to businesses.

Pool cleaning service: People are always too busy or too lazy to clean their pools by themselves, so you can provide this service in a small scale and rake in profits especially during the summer.

Mobile Salon: Nowadays instead of people travelling to salons to utilize their services, the services are travelling towards the people. Setup a vehicle with the required equipment, products and an assistant, and then you are good to go. Definitely, you will need some skills or you can always learn them. This is a onetime investment that will earn great profits.

Travel Agent: Travel agents are people who plan trips for clients according to their budgets. You just need to have a good professional circle in the required field and set up your business online. Offer deals to the common holiday destinations and people will keep coming. You can also provide services to the corporate sector.

Mobile food truck: A food truck is a large vehicle equipped to cook and sell food. Some, including ice cream trucks, sell frozen or prepackaged food; others have on-board kitchens and prepare food from scratch. The mobile food truck is quite profitable especially when set up near construction sites, or where blue collar workers abound in Texas. You can sell sandwiches, hamburgers, French fries, and other regional fast food fare.

Social media consultant: A social media consultant is someone that handles social media publicity for a company. The social media consultant raises company brand awareness through social media. With there being a proliferation of companies in Texas, you can offer this service to companies who would not mind outsourcing it. This business can be started even from home and it requires only minimal startup capital.

Chauffeur Agency: The Lone Star State hosts many conferences, symposiums and business meetings frequently. In this regard, many executives, CEOs, business officials and high profile people travel through the city and they need protocol as well. You can invest in some luxurious cars and appoint some people to be chauffeurs for those cars. You can even rent the cars and gradually buy them after saving the amount from business. The better your services, the greater clientele.

Meat shop: Texas has many restaurants, diners and eatery businesses that need regular supply of the meat. Moreover, many people also like to cook for themselves. You can set up a meat shop of such kind and in a short time you will have regular customers. You need to have a sound knowledge of this business or you can always appoint one for the job.

Car wash service: Car wash business is very lucrative for a state like Texas; it requires little investment, skills, and you are ready to start the business. Majority of people are lazy to clean their cars themselves, target them by providing the best services and making them your regular customers. You can add sidelines of tire changing, pressure check etc.

Second-hand Goods Shop: Majority of people prefer to buy second-hand goods than investing heavily in new ones. The better the stuff you have on sale, the greater the customers entering your store. This business requires tact, and you can sell the goods at modest rates keeping a profit for yourself as well.

Advertising agency: An advertising agency, often referred to as a creative agency, is a business dedicated to creating, planning, and handling advertising and sometimes other forms of promotion and marketing for businesses. Since Texas is not lacking in innovative organizations, you can approach them to handle their advertising and publicity. This business can be started on a small scale but it has the potential of growing big in future.

Mortuary and cremation service: Death is a certainty of life, and with the growth of senior citizens in Texas, it only goes to say that a mortuary and cremation business is essential in the state. Have it in mind that you need to have the right attitude before you can succeed in this business.

Sports Goods Supplier: Texas is home to major sports leagues and this is the reason for the heavy sports culture here. One of conventional ideas for business in Texas is opening a sports goods store. For this business to kick off on a sound footing, it needs some investment in good quality products. You can always work as an affiliate for some manufacturers in order to get the right products; all you need is to have the skill to sell them.

Massage service: A massage therapist is someone who treats clients by using touch to manipulate the soft-tissue muscles of the body in order to relieve pain, rehabilitate injuries, and reduce stress, increase relaxation, and aid in the general wellness of people. Most people tend to overwork themselves especially in Texas where people tend to handle multiple jobs. You can set up this business to help them relieve their stress. You only need aggressive marketing to set the business on track.

Pet sitting service: People with the increase in disposable income, many people in Texas can afford to have pets. You can decide to take care of pets for people when they have reasons to leave their homes for some length of time. You get to walk, feed and bath the pets. Taking care of pets is quite easy as pets generally do their thing most of the day. You can even decide to open a day care where people can bring their pets and collect them at the end of the day.

Mel Feller, MPA, MHR, is a well-known real estate, business consultant, personal development consultant and speaker, specializing in performance, productivity, and profits. Mel is the President/Founder of Mel Feller Seminars with Coaching For Success 360, Inc. and Mel Feller Coaching, a real estate and business specific coaching company. His three books for real estate professionals are systems on how to become an exceptional sales performer. His four books in Business and Government Grants are ways to leverage and increase your business Success in both time and money! His book on Personal Development “Lies that Will Sabotage Your Success”. Mel Feller is in Texas and In Utah.

1 note · View note

ourmrmel · 6 years

Text

Dallas Texas Executive Business and Real Estate Coach Mel Feller

Mel Feller is an effective, charismatic and powerful speaker, corporate advisor, and best-selling author. In 1989, Mel founded Coaching For Success 360 to help professionals worldwide design subtle changes in their presentation, attitude and leadership style that increases their personal and professional effectiveness and subsequently their financial status. This also includes real estate as an agent and/or investor. See www.melfeller.com and www.melfellersuccessstories.com

As an executive coach, I work with a wide range of professionals and offer a highly personalized approach tailored to each individual in concert with the organizational environment. In a supportive atmosphere, I work to build trust and support the professional in the attainment of goals and measurable outcomes.

I offer sessions, both in-person and virtual. We will start with an initial assessment to clearly define your short and long-term goals, everything from communication skills to personal acceptance. We will use these goals as a foundation to create a strategy and build the path for attaining these objectives. Change is typically a major component of reaching goals and sustainable change becomes more likely in a coaching partnership.

As an Executive Business and Real Estate Coach, I specialize in the following areas:

Real Estate Executive Leadership

Leadership Entrepreneurs

Executive Development to achieve advancement

Business Relationship Coaching

Career Planning

Career transition and Transition Readiness

Communication and Collaboration Skills

Confidence & Personal Power

Inner Knowledge

Achieving Balance

Sustainable Change

Organization & Productivity

Strengthening Relationships-team and Colleagues

Real Estate Investing from A to Z

Creative Real Estate Financing

Residential Real Estate Practices and Investments

Commercial Real Estate Practices and Investments

How to Gain More Sales and Listings for Realtors and Real Estate Agents

Building a Top Notch Real Estate Sales Team

Therefore, there are common questions generally asked by in regards to what an Executive Coach is and does.

Here are Mel Feller’s responses.

What is Executive Coaching?

Coaching, with an executive coach, is the practice of supporting an individual, referred to as a client, through the process of achieving a specific personal or professional result. The structure and methodologies of coaching are numerous but are predominantly facilitating in style; that is to say that the coach uses adult learning theory and appreciative inquiry to challenge the client to create sustainable change.

What can coaches do for you?

Harvard Business Review Articles:

(1) http://hbr.org/2009/01/what-can-coaches-do-for-you/ar/1

(2)http://hbswk.hbs.edu/archive/4853.html

What types of people have Executive Coaches?

People from all occupations work with professional Coaches to help attain their goals. Executive Coaches work with people in all areas of their life including relationships, career, finance, health and more. Working with an Executive Coach is not limited to any type of person, but is best for those who want to take initiative in their own life and create a path to a changed future. People who use a Coach are committed to a more fulfilled life and are willing to do the work needed to get there.

How will Executive Coaching help?

The results will vary depending on what brings you to an Executive Coach. If you get a Coach to help you out professionally, coaching can help you make your current job more gratifying, gain better focus on managing your work, and market yourself more effectively. If your reasons are personal, you can find a coach to help you improve your relationships, resolve ongoing negative behaviors, improve your overall performance, and sustain beneficial change.

What happens in a Coaching Session?

Each session is tailored to the client and will vary based on individual needs. In the beginning, we will discuss what you are committed to accomplishing through our work together and we will begin to create a plan to achieve your goals. Periodically, I will give you assignments, develop scenarios and create experiments to try new approaches, to help direct your progress. We will work together to acknowledge obstacles, explore alternate perspectives and celebrate successes. With the conclusion of each session, we will revisit your goals and evaluate the next steps that are needed to achieve these results. Measurable outcomes is a key component of this partnership.

Do I really need a Coach; can't I just do it by myself?

Whole life approach to coaching, even when it is professionally focused, can take you beyond your own personal limitations. More often than not, people try to achieve their greatest potential, but do not even realize what stands in their way. A personal Coach can offer an unbiased and objective perspective, and can help you realize your patterns and habits. Most people experience that they are more efficient when working with a Professional Coach and that this provides the opportunity for them to better realize their potential. Executive and leadership coaching can make desired change attainable and will give you support and encouragement along the way.

How is Coaching different from Therapy?

While the coaching I provide might end up being therapeutic, it is not therapy. Coaching is distinct from traditional therapy because it is not designed to address psychological issues. While emotional issues may arise when we move through change, the primary focus of executive coaching is to help, you identify your goals, achieve them, and develop constructive habits and skills. There is little emphasis placed on the past with coaching, but instead the focus is on creating what you want now and in the future. Often, we find that a process of unlearning from experience is essential to learning for a new future. This makes an interesting and sometimes challenging process for the executive.

How long do people generally work with an Executive Coach?

To experience the effectiveness of a coaching program, I suggest clients make an initial six-month commitment. At the end of each session, we will reconfirm progress and discuss need for adjustment in the process. Coaching can be shortened or extended by mutual agreement.

Is coaching confidential?

Executive coaching typically involves a third party leader who is interested and supporting the outcome for the executive. How or if, information is shared with that individual or any individual in the supporting organization, will be agreed upon at the beginning of the coaching commitment. What we discuss in coaching sessions will be held in confidence and not shared with others without express permission and knowledge of the client.

As a Certified Executive Business and Real Estate Coach my goal is to help, you surface and advance your true potential as a leader. The coaching support I bring uses a whole life approach to naming your aspirational goals, identifying opportunities and barriers on the forward path and creating sustainable change. If it is sustainable change you seek or expansion in your leadership capability, I provide support and guidance as an executive, business and real estate coach. Together, we identify goals, honor the past and transform the current into the successful future. Whether you wish to achieve a specific outcome or wish to enhance broader areas of your life, I can help you get there faster.

Mel Feller nearly five decades of coaching experience with national and international corporations, corporate leaders and small business owners. Mel Feller has also the title of the former head coach for many national and international gurus’ coaching teams. No matter what Mel Feller is doing, he strongly believes that his life’s mission is more about friendship and not just a business relationship! That way he is able to maintain lifelong relationships and always be there for his clients. To Mel that is more important than money and it will always be that way! Mel Feller is currently working on opening an office in Dallas Texas.

1 note · View note