Texas is among the most profitable states to operate a car dealership in. Texas consistently ranks among the top three states in the U.S. in terms of its number of car sales, the number of its dealerships, and their employees. Yet, for those who have never had any experience with leading a business, starting a dealership may seem challenging at first.
To help such first-time car dealership owners, Bryant Surety Bonds is happy to announce our new e-book guide, How to Start a Car Dealership in Texas, which is free to download.
Opening a car dealership in Texas requires applicants to secure a location for their dealership that complies with certain requirements and register their business in the state. It also requires them to make sense of the state licensing rules for dealers, apply for a license and obtain sufficient financing.
While the information that is available to the public on all of these points is extensive, its sheer volume and complexity make it hard to grasp without spending a great deal of time in doing so.
For example, one of the first hurdles on this path are the various dealer license types in Texas. To determine how exactly to apply for the license they want, applicants need to understand the relationship between the General Distinguishing Number (GDN), required of all applicants for a license, and those licenses that they can apply for on top of that (such as franchise dealer licenses). This is just one of the many points that applicants for a dealership license in Texas need to figure out.
Bryant Surety Bonds’ e-book offers a comprehensive and detailed guide in navigating the business registration, licensing and bonding process for dealer license applicants.
It includes detailed information about dealer license types, and how they are related. It explains the particular licensing requirements dealers need to comply with, as well as what they need to secure to make their dealership premises compliant. The e-book also features a section devoted to the financing of your dealership operations and details the startup costs you can expect when choosing this career path.
Finally, our e-book also explains the process of obtaining a surety bond, what surety bonds are and why they are necessary for dealers at all. To date, this free e-book is the most comprehensive yet detailed guide available on this topic.
To learn more about how you can open a car dealership in Texas, please visit www.bryantsuretybonds.com/how-to-start-a-car-dealership-in-texas-ebook.
Bryant Surety Bonds is a surety agency with a long track record of assisting auto dealers get bonded in all 50 states.
We get a great number of bond requests from Texas and, over the years, we became experts in the field of auto dealer bonds. This is why we decided to share our expertise and provide this free resource on everything related to starting a car dealership in Texas.
Todd Bryant, President of Bryant Surety Bonds, (866) 450-3412
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