Arkansas Business Startup Guides

Start a Business in Mena, Arkansas

Are you starting a business in Mena, Arkansas? This article discusses the most important things to consider when opening a business in Mena.

Mena, Arkansas Demographic Information

Mena has an active business community that includes small businesses, mid-sized businesses and large businesses.

To give you a better feel for Mena demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Mena.

Business Size
# of
Businesses
1-4 Employees
744
5-9 Employees
291
10-19 Employees
129
20-49 Employees
69
50-99 Employees
27
100-249 Employees
6
250-499 Employees
9
500-999 Employees
0
1000+ Employees
0
All Mena Businesses
1275

As a new Mena entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Mena 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
Aluminum Die-Casting Foundries
1
Ambulance Services
2
Art Dealers
1
Automotive Parts and Accessories Stores
4
Automotive Transmission Repair
1
Book Stores
1
Bowling Centers
1
Car Washes
1
Cemeteries and Crematories
1
Child and Youth Services
2
Child Day Care Services
3
Civic and Social Organizations
1
Commercial Gravure Printing
1
Computer Systems Design Services
1
Construction Sand and Gravel Mining
1
Continuing Care Retirement Communities
1
Convenience Stores
1
Couriers
1
Credit Unions
1
Custom Computer Programming Services
4
Drywall and Insulation Contractors
1
Electrical Contractors
3
Elementary and Secondary Schools
2
Engineering Services
1
Exam Preparation and Tutoring
1
Exterminating and Pest Control Services
1
Family Clothing Stores
3
Fine Arts Schools
1
Fitness and Recreational Sports Centers
1
Floor Covering Stores
1
Flooring Contractors
1
Florists
4
Full-Service Restaurants
8
Funeral Homes and Funeral Services
3
Furniture Stores
2
General Freight Trucking, Local
3
General Medical and Surgical Hospitals
1
General Rental Centers
1
General Warehousing and Storage
1
Gift, Novelty, and Souvenir Stores
3
Golf Courses and Country Clubs
2
Graphic Design Services
1
Home Health Care Services
3
Household Appliance Stores
2
Ice Manufacturing
1
Insurance Agencies and Brokerages
9
Internet Publishing and Broadcasting
1
Janitorial Services
1
Jewelry Stores
1
Limited-Service Restaurants
10
Logging
10
Machine Shops
6
Mail-Order Houses
1
Manufactured (Mobile) Home Dealers
1
Marketing Consulting Services
1
Materials Recovery Facilities
1
Motor Vehicle Towing
1
Motorcycle Dealers
1
New Car Dealers
2
New Housing Operative Builders
1
Newspaper Publishers
1
Nonwoven Fabric Mills
1
Nursing Care Facilities
2
Offices of Certified Public Accountants
2
Offices of Chiropractors
2
Offices of Dentists
6
Offices of Lawyers
8
Offices of Optometrists
3
Offices of Other Holding Companies
1
Offices of Real Estate Appraisers
1
Painting and Wall Covering Contractors
1
Passenger Car Rental
1
Pet Care (except Veterinary) Services
1
Pharmacies and Drug Stores
5
Photography Studios, Portrait
3
Racetracks
1
Radio Stations
2
Roofing Contractors
1
Sawmills
1
Securities and Commodity Exchanges
1
Securities Brokerage
1
Sheet Metal Work Manufacturing
1
Shoe Stores
2
Site Preparation Contractors
5
Software Publishers
1
Solid Waste Collection
1
Tax Preparation Services
2
Telecommunications Resellers
1
Tire Dealers
4
Title Abstract and Settlement Offices
2
Tobacco Stores
1
Truss Manufacturing
1
Used Car Dealers
3
Used Household and Office Goods Moving
1
Used Merchandise Stores
1
Vending Machine Operators
2
Veterinary Services
3
Video Tape and Disc Rental
2
Water Supply and Irrigation Systems
2
Wholesale Trade Agents and Brokers
1
Wired Telecommunications Carriers
1
Wood Container and Pallet Manufacturing
1

Have You Considered Franchising?

Examine a list of Mena businesses and you'll see that franchises make up a large percentage of local businesses. Should you be giving franchising serious consideration?

Most business experts recommend that you look into purchasing a franchise. This site has dozens of articles on franchising, such as Protecting Your Franchise Territory. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.

To learn about specific franchise opportunities, check out our Franchise Directory.

Sample franchise opportunities include DirectBuy and Juan's Mexicali. Alternatively, you can browse franchise categories, such as Candy and Chocolate Franchises and Fitness Franchises.

Note on Mena Franchise Opportunities: To find out if a franchise you are interested in is available in Mena, you will need to get in direct contact with the franchisor.

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?

For other considerations regarding naming a company, we recommend this article: Naming a Company.

As a final piece of advice, remember that because you are planning on starting a business in Mena, it's critical that you ensure that your company name has not already been claimed by another Arkansas business.

Forming a Company in Mena, Arkansas

It's essential that you form your business as a legal structure. Doing so will separate you from personal liability for business debts and obligations.

When forming a company, you will pick from many company types, such as a corporation, LLC, sole proprietorship, partnership or other structure.

Incorporating is a very common way to legally create a business entity. Of course, you have to decide which type of corporation to form and where to incorporate. If you are starting a business in Arkansas, it doesn't mean you are required to incorporate in Arkansas. In fact, you can incorporate in the state of your choosing. For example, it's very popular to incorporate in Delaware, and incorporating in Nevada has become very trendy as well. Don't forget, though, that you will have to register as a foreign entity in all states that you do business in.

There are many nuances to forming a company. To learn the fundamentals of company formation, browse articles on our site, such as Incorporating Online. You may also want to seek the advice of an attorney. On a final note, since you will be starting a business in Mena, Arkansas, our web page covering Incorporating in Arkansas may be a useful resource if you decide to incorporate in Arkansas.

Letting the World Know You Exist

Whether your goal is to attract Mena customers or you plan on selling elsewhere, having an excellent marketing plan is fundamental to your business achieving its goals.

We have some useful resources on this site for entrepreneurs who are working on marketing plans. Advertising on Buses is an article that will stimulate a few thoughts on your marketing plan. That's just a taste of the many useful articles we have on Marketing a Small Business.

Bring in Revenues

Do you know how to sell? In order to attract customers to your new Mena 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.

Compensating Sales People is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.

What's Next?

As an entrepreneur in Mena, you won't be working for the boss anymore. You are the boss.

If you choose the right business and love what you do, you will greatly increase your odds of success.

We are here to help Mena businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Mena entrepreneur who is just getting started or you are already up and running with your new venture.

More Entrepreneurial Resources for Starting a Business in Mena, Arkansas

Here are more links that we believe will help you be successful in starting a business in Mena.

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