Arkansas Business Startup Guides
Starting a Business in Bentonville, Arkansas
Thinking about starting a business in Bentonville, Arkansas? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Bentonville.
Bentonville, Arkansas Demographic Information
Bentonville has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Bentonville demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Bentonville.
Businesses
As a new Bentonville entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Bentonville for each business category. By looking at this chart, you can get a general sense for how much competition there is in the business niche that you are pursuing.
Businesses
Have You Considered Franchising?
Browse the Yellow Pages for Bentonville and you'll conclude that many business owners have opted to buy a franchise, rather than starting a business on their own. Would going with a franchise be a good idea for you?
We highly recommend you look into purchasing a franchise. We have many articles on franchises, such as Before Buying a Franchise. Become a franchising expert of sorts by reading more of our Articles on Franchising.
To learn about specific franchise opportunities, check out our Franchise Directory.
Sample franchise opportunities include Alliance of Professionals & Consultants Inc. and Gemini Tub Repair. Alternatively, you can browse franchise categories, such as Health and Beauty Franchises and Leisure and Entertainment Franchises.
Note on Bentonville Franchise Opportunities: To find out if a franchise you are interested in is available in Bentonville, you will need to get in direct contact with the franchisor.
Have You Considered Buying an Existing Bentonville Business?
We've created a helpful website page for those who want to Buy a Business in Arkansas. Follow that link and you may find several good businesses for sale in Bentonville.
For anybody who wants to buy a business, we recommend reading this useful article: Buying a Business.
Picking a Company Name
A good company name can give a big boost to a new startup. It might seem like an easy thing to do, but there are many things to consider when naming a business.
Before you decide on a company name, run it by some prospective customers and see what they think. If they don't like it, it's probably a good idea to go back to the drawing board.
For other considerations regarding naming a company, we recommend this article: Naming a Company.
There's one other important factor when naming a business. Since you are starting a business in Bentonville, it's very important that you make sure you will be the only Arkansas company using the business name you have chosen.
Don't Skip the Business Plan
Writing a business plan is vital in laying a solid foundation for your business success. Indeed, a business plan is a written description of the future you envision for your business. Starting a business without a business plan will greatly reduce your chances of business success.
Before you start writing a business plan, we suggest you skim Find Sample Business Plans Online. You can also get free counseling sessions provided by your local SCORE chapter in Arkansas.
Raising Money for Your New Venture
Finding the funds to fuel the growth of your Bentonville business is not an easy task. In fact, financing your new business may be the hardest challenge you ever face.
Take advantage of our many articles on raising capital, such as 504 Loans.
For Bentonville entrepreneurs on the hunt for startup funding, check out our List of Arkansas Angel Investors and our List of Arkansas Venture Capital Firms.
Improving Your Entrepreneurial Skillset
The best entrepreneurs recognize that they need to continually improve.
Given that you are starting a business in Bentonville, Arkansas, you will want to take advantage of the many programs available at nearby Arkansas universities, colleges and community colleges. We also suggest you look into networking organizations for Bentonville entrepreneurs.
What's Next?
You have a dream -- starting a business in Bentonville. To achieve your dream, you have to persevere, even when the odds are against you.
From this point on, you control your own destiny.
Our goal here is to promote the vitality and growth of small businesses in Bentonville and throughout the United States . We have a wealth of experience in business start-ups, financing, marketing, sales and more...and we've made all of our knowledge available to you.
More Entrepreneurial Resources for Starting a Business in Bentonville, Arkansas
Here are more links that we believe will help you be successful in starting a business in Bentonville.
- Resources for Bentonville, Arkansas Entrepreneurs - Browse a variety of resources we've collected to assist Bentonville entrepreneurs.
- Arkansas Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Arkansas.
- Arkansas Small Business Development Center - The Arkansas Small Business Development Center (ASBDC) is a University-based economic development program which provides assistance to entrepreneurs and small businesses throughout Arkansas via a statewide network of seven offices.
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