Welcome to Lancaster, Texas!

This website is developed to benefit you, the user. The Lancaster Chamber members listed here are committed to doing business in the City of Lancaster and the Best Southwest Area; and to providing quality products, merchandise and services. It is the hope of the Lancaster Chamber of Commerce that you will give these members serious consideration when making your buying decisions. When you shop locally you contribute to the school system, municipal services, and yourself.

The Lancaster Chamber is forging ahead in community and business support. Our membership luncheons are held each month with informative and educational programs. We host NCA5 evening events giving local businesses networking opportunities. We have quarterly meetings of the Manufacturers and Logistics Roundtable, and monthly meetings of the Small Business Council, called Better Business Breakfasts. Each year the Chamber hosts the annual State of the City address by our mayor.

Lancaster is a very unique city in southern Dallas County. We have an airport, a municipal golf course, and a 155-year-old historic Town Square. We have the Lancaster Community Park with recreation center and a library that is unparalleled in the whole metroplex. The school system is growing and striving to improve the opportunities available to students. Lancaster also has the Cedar Valley College, a community college; as well as UNT-Dallas and Northwood University located in close proximity. These institutions of higher learning have consistently shown a willingness to offer services and support to citizens and businesses in our area. The Lancaster Chamber of Commerce directors and staff hope that you find this directory informational and useful as you make your business connections.

Sincerely,

Lancaster Chamber of Commerce

Chamber Mission Statement

“Actively support, promote and attract business to better serve the Greater Lancaster Area”

Planning to Join the Commerce World?

Every young entrepreneur looking for an advice on their business start-up. Having your own business is a learning process, there is a better chance of success as you make smart decisions. There are a handful of tips to start a new business, give your new business the best chance of success.

Write a business plan, and be passionate about it.

You have to devote more of your time and energy to start a business and to make it successful. However, no matter how passionate you are, it will not be successful unless you have a plan in place.  Most of the successful small businesses need a break-even analysis, profit-loss forecast and a cash-flow analysis.

A business plan is essential to allow you to experiment with a strategy for the business on paper.

Determine the profit the business will make.

The ultimate goal of every starting businesses is the profit, to know the profit, you have to do a break-down analysis, assess the expenses and how much you have to sell to cover the costs and start generating a profit.

Plan out a financial goal.

Determine the factors that are necessary to your business expenses to launch and operate. You will even have unexpected costs, it is better to be prepared than be short on the funds.

Once you have determined all the business expenses, plan out a business budget.

Most entrepreneurs build their businesses through loans, loans can cover the expenses. However, it will take months or years to produce a profit. Ensure that loans will not pull down your business, or better, save a capital before you start your business.

Do not do it alone, hire someone.

You need a support system while you are starting a business. However, you have to be picky about people, do not just hire someone who comes along with the basic qualifications. Have someone in your business who has the motivation, creativity, and the right personality. After you have hired the right person, make sure you give them the right and appropriate kind of employee relations.

Some business tries to save money by hiring people as an independent contractor rather than full-time employees. Watch out, the Internal Revenue Service imposes large penalties on businesses that do not withhold and pay taxes for their employees.

Provide the best customer service.

Businesses will not exist without the customers, figure out how to acquire customers to have a greater chance for your company to succeed.

Know and acquire the legal requirements.

Understand the rules and regulations in putting up a business. Legal structure, accounting system, business registration, and tax liabilities are few of the government regulations and your responsibilities as an owner. Follow these to avoid penalties, although it may vary from one place to another.

Over half of the newly built businesses fail within the first five years. It is a reality for some entrepreneurs to launch a business that became unsuccessful. You have to figure out how to revive your business when it will go downhill.

Types of E-Commerce

E-commerce is an online commercial transaction between a supplier and a client. It has six types:

  1. Business-to-Business (B2B)
  2. Business-to-Consumer (B2C)
  3. Consumer-to-Consumer (C2C)
  4. Consumer-to-Business (C2B)
  5. Business-to-Administration (B2A)
  6. Consumer-to-Administration (C2A)

 

Business-to-Business (B2B)

Business-to-Business (B2B) e-commerce encompasses all electronic transactions of goods or services conducted between companies. Producers and traditional commerce wholesalers typically operate with this type of electronic commerce. In this type of e-commerce, a business buys from or sells to another business electronically. For example, a bag manufacturer needs more red dye for their new line. They would proceed to electronically transact to get this ink from an ink business. On the other side of the transaction, the ink seller is also engaging in business-to-business e-commerce by electronically making the sale and binding agreement.

Business-to-Consumer (B2C)

The Business-to-Consumer type of e-commerce is distinguished by the establishment of electronic business relationships between businesses and final consumers. It corresponds to the retail section of e-commerce, where traditional retail trade normally operates. This massive market consists of the average consumer at home, going online and placing orders with businesses.

Consumer-to-Consumer (C2C)

This type of e-commerce takes place strictly between two consumer parties. It can take place in many forms including direct sales, trade arrangements, auctions, and more. If a business is not party to this online transaction, it is considered consumer-to-consumer e-commerce. The moment you think of C2C e-commerce eBay.com comes to mind. That is because it is the most popular platform that enables consumers to sell to other consumers. Since eBay.com is a business, this form of e-commerce could also be called C2B2C e-commerce (consumer to business to consumer e-commerce). Craigslist, vehicle trading posts, and sites like TradeAway.com also facilitate this type of e-commerce.

Consumer-to-Business (C2B)

This commerce has empowered consumers to originate requirements that businesses fulfill. In consumer-to-business e-commerce, the business is temporarily acting as a consumer, purchasing a product or service from the actual consumer. This type of e-commerce is much less common than most other types, but does comprise a number of key slices of the e-commerce market. Crowdsourcing is a prime example of this. In crowdsourcing, a group of individuals combines effort to create a product or service that the business entity wants to purchase.

Business-to-Administration (B2A)

Businesses electronically vend services and products to administrative entities. This most commonly takes place when government administrative offices transact with businesses in order to fulfill operational needs. This part of e-commerce encompasses all transactions conducted online between companies and public administration. This is an area that involves a large amount and a variety of services, particularly in areas such as fiscal, social security, employment, legal documents and registers, etc. These types of services have increased considerably in recent years with investments made in e-government.

Consumer-to-Administration (C2A)

Any electronic commerce that takes place between the consumer and an administrative body falls into this category. Other common examples include social security payments or a local community center’s membership payments. Both models involving Public Administration (B2A and C2A) are strongly associated to the idea of efficiency and easy usability of the services provided to citizens by the government, with the support of information and communication technologies.

Increase Conversion: Most Effective Way

Having an online store means you need an online platform to easily manage and move money online.

PayPal is the most convenient payment option for your potential customers, the transaction fees may weigh a little burden, but the checkout conversion rate feature of PayPal helps online retailers and sellers.

As PayPal made the checkout experience simple, easy, and quick, results came that there is higher conversion rate and higher online sales.

Did you know that 69 percent of those who shop online, abandon their e-shopping cart? The statistics have shown that 3 out of 4 shoppers do not complete their purchase and abandon their e-shopping cart. The shopper may have numerous reasons why they do this, but the main reason is the more clicks and keystrokes it takes to check out, gives more opportunities for the shoppers to change their mind.

Thus, PayPal speeds up their checkout process. They auto-populate the shipping and billing information, thus the crucial clicks and keystrokes from the checkout process are eliminated.

More than that, PayPal gives the shoppers the confidence in their purchases by providing a reliable, and trusted payment method.