Thinking about starting a business in De Queen, Arkansas? This step-by-step guide walks you through the major decisions you should consider before opening a new business in De Queen.
Are You Ready for Life as an Owner?
An entrepreneurial life is difficult, and can be orders of magnitude more strenuous than working as an employee. Are you positive you have the stamina and skills to succeed on your own?
Because entrepreneurship is not for everyone, we recommend you do the following to help you assess whether you should move forward with starting a business:
- Speak with other entrepreneurs in De Queen. Listen closely to their experiences and see if you think you too can be successful.
- You should read The Entrepreneurial Personality. It's a good read for those who are thinking about becoming an entrepreneur.
- Reach out to a trusted acquaintance. Ask them directly: Do I have what it takes to be an entrepreneur? Listen carefully to their answer, as they presumably know your strengths and weaknesses.
De Queen, Arkansas Demographic Information
De Queen has an active business community that includes small businesses,
mid-sized businesses and large businesses.
To give you a better feel for De Queen demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in De Queen.
| Business Size | # of Businesses |
| 1-4 Employees |
351 |
| 5-9 Employees |
147 |
| 10-19 Employees |
93 |
| 20-49 Employees |
51 |
| 50-99 Employees |
6 |
| 100-249 Employees |
6 |
| 250-499 Employees |
3 |
| 500-999 Employees |
3 |
| 1000+ Employees |
3 |
| All De Queen Businesses |
663 |
As a new De Queen entrepreneur, you may also be interested in the table below. It shows how many businesses there are in De Queen 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.
| Business Type |
# of Businesses |
|
Ambulance Services |
1 |
| Automotive Glass Replacement Shops |
1 |
| Automotive Parts and Accessories Stores |
3 |
| Beauty Salons |
1 |
| Boat Dealers |
1 |
| Book Stores |
1 |
| Bowling Centers |
1 |
| Business Associations |
1 |
|
Child Day Care Services |
2 |
| Civic and Social Organizations |
1 |
| Coin-Operated Laundries and Drycleaners |
1 |
| Collection Agencies |
1 |
| Community Food Services |
1 |
| Continuing Care Retirement Communities |
1 |
| Convenience Stores |
1 |
| Discount Department Stores |
1 |
|
Drywall and Insulation Contractors |
1 |
| Educational Support Services |
1 |
| Electric Power Distribution |
2 |
| Electrical Contractors |
1 |
| Employment Placement Agencies |
1 |
| Facilities Support Services |
1 |
| Family Clothing Stores |
2 |
| Finish Carpentry Contractors |
1 |
|
Fitness and Recreational Sports Centers |
3 |
| Florists |
2 |
| Food Service Contractors |
1 |
| Full-Service Restaurants |
2 |
| Funeral Homes and Funeral Services |
2 |
| General Automotive Repair |
2 |
| General Medical and Surgical Hospitals |
2 |
| Golf Courses and Country Clubs |
1 |
|
Home Centers |
1 |
| Home Health Care Services |
1 |
| Home Health Equipment Rental |
2 |
| Household Appliance Stores |
2 |
| Insurance Agencies and Brokerages |
8 |
| Janitorial Services |
1 |
| Landscaping Services |
1 |
| Limited-Service Restaurants |
5 |
|
Logging |
2 |
| Machine Shops |
1 |
| Mail-Order Houses |
1 |
| Museums |
1 |
| New Car Dealers |
2 |
| Newspaper Publishers |
1 |
| Nursing Care Facilities |
1 |
| Office Supplies and Stationery Stores |
1 |
|
Offices of Bank Holding Companies |
1 |
| Offices of Certified Public Accountants |
1 |
| Offices of Chiropractors |
1 |
| Offices of Dentists |
3 |
| Offices of Lawyers |
2 |
| Offices of Optometrists |
1 |
| Periodical Publishers |
1 |
| Petroleum Bulk Stations and Terminals |
1 |
|
Pharmacies and Drug Stores |
4 |
| Pipeline Transportation of Natural Gas |
1 |
| Poultry Processing |
1 |
| Professional Employer Organizations |
1 |
| Radio Stations |
2 |
| Recreational Vehicle Dealers |
1 |
| Residential Remodelers |
1 |
| Securities Brokerage |
1 |
|
Septic Tank and Related Services |
1 |
| Sporting Goods Stores |
1 |
| Sports and Recreation Instruction |
1 |
| Support Activities for Forestry |
2 |
| Tax Preparation Services |
3 |
| Telecommunications Resellers |
1 |
| Temporary Help Services |
1 |
| Tire Dealers |
1 |
|
Tortilla Manufacturing |
1 |
| Used Car Dealers |
3 |
| Veterinary Services |
2 |
| Video Tape and Disc Rental |
2 |
| Water Supply and Irrigation Systems |
2 |
| Wired Telecommunications Carriers |
2 |
| Women's Clothing Stores |
1 |
Have You Considered Franchising?
Examine a list of De Queen businesses and you'll see that franchises make up a large percentage of local businesses. Should you be giving franchising serious consideration?
We highly recommend you consider franchising as an option. We have many articles on franchises, such as How to Franchise. Get a thorough education on franchising by browsing all of our Articles on Franchising.
You can review hundreds of franchise opportunities by browing our Franchise Directory.
Sample franchise opportunities include The Melting Pot Restaurants Inc. and Bogart Golf. Alternatively, you can browse franchise categories, such as Children Arts Programs Franchises and Coffee Shop Franchises.
Note on De Queen Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in De Queen.
Naming the Company
A big decision when starting a company is choosing a company name. Believe it or not, choosing a good company name can be a big contributor to your business success.
Companies like Starbucks, Apple, Target, Microsoft and Intuit all have strong company names that are easy to remember and have become well-loved brands. Wouldn't it be nice if your new company name got on a similar track?
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Company.
As a final piece of advice, remember that because you are starting a business in De Queen, it's critical that you ensure that no other Arkansas company is using the business name you want to use.
Raising Money for Your New Venture
Getting your De Queen business the capital it needs to succeed requires strong organization skills and perseverance. The reality is that there is very little funding available for new small businesses, and you have to explore every possible alternative.
To learn about raising money, we recommend you read the fundraising articles on our site, such as 504 Loans.
For De Queen entrepreneurs who need startup capital, check out our List of Arkansas Angel Investors and our List of Arkansas Venture Capital Firms.
The Art of Selling
Do you know how to sell? In order to attract customers to your new De Queen business, you need to focus on sales.
Good selling involves demonstrating that your wares meet your customer's needs. Fortunately, we've got plenty of good advice to help you improve your selling skills.
Cold Call Selling is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.
Improving Your Entrepreneurial Skillset
Good entrepreneurs recognize that they don't know everything.
Given that you are starting a business in De Queen, Arkansas, you will want to take advantage of the learning programs at local Arkansas educational institutions. It's also beneficial to see if there are any networking organizations for De Queen entrepreneurs.
Never Give Up
As an entrepreneur in De Queen, you won't be working for the boss anymore. You are the boss.
From this point on, you control your own destiny.
We are here to help De Queen businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in De Queen, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in De Queen, Arkansas
Here are more links that we believe will help you be successful in starting a business in De Queen.
- Resources for De Queen, Arkansas Entrepreneurs - Browse a variety of resources we've collected to assist De Queen 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.
- De Queen, Arkansas Newspaper Ad Rates - This is a nearly comprehensive list of advertising rates for De Queen, Arkansas newspapers, including ad costs for newspapers serving the De Queen area.
- De Queen, Arkansas Radio Advertising Prices - To help you in your marketing efforts, we've gathered radio advertising rates for De Queen, Arkansas area radio stations.
- De Queen, Arkansas Payroll Services - This list includes De Queen, Arkansas payroll services, national payroll services for De Queen, and helpful information on choosing a De Queen payroll service.
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