Arkansas Business Startup Guides

Starting a Business in Star City, Arkansas

Thinking about starting a business in Star City, Arkansas? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Star City.

Star City, Arkansas Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
762
5-9 Employees
279
10-19 Employees
153
20-49 Employees
54
50-99 Employees
36
100-249 Employees
9
250-499 Employees
9
500-999 Employees
0
1000+ Employees
0
All Star City Businesses
1302

As a new Star City entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Star City 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
Automotive Parts and Accessories Stores
3
Business Associations
2
Child Day Care Services
3
Construction Sand and Gravel Mining
1
Electric Power Distribution
2
Electrical Contractors
2
Elementary and Secondary Schools
1
Fitness and Recreational Sports Centers
1
Florists
2
Food Service Contractors
1
Full-Service Restaurants
8
Furniture Stores
1
General Automotive Repair
1
General Freight Trucking, Local
2
Home Health Care Services
1
Insurance Agencies and Brokerages
5
Jewelry Stores
1
Landscaping Services
2
Logging
5
Newspaper Publishers
1
Nursing Care Facilities
1
Office Administrative Services
1
Offices of Lawyers
4
Offices of Real Estate Appraisers
1
One-Hour Photofinishing
1
Pet Care (except Veterinary) Services
1
Pharmacies and Drug Stores
2
Real Estate Credit
1
Retail Bakeries
1
Sawmills
1
Snack and Nonalcoholic Beverage Bars
1
Tax Preparation Services
1
Tobacco Stores
2
Truss Manufacturing
1
Veterinary Services
1
Video Tape and Disc Rental
1
Water Supply and Irrigation Systems
1

Have You Considered Buying an Existing Star City Business?

If you have some capital to play with, you may want to Buy a Business in Arkansas. Follow that link and you may find several good businesses for sale in Star City.

Before buying a business, be sure to read this article: Buying a Business.

Choosing a Company Name

Making the right decision when choosing a company name is very important. There are many decisions you'll make now that you can change later, but changing a company name years down the road is not very easy. So, choose a good company name at the outset.

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?

Numerous company naming issues are discussed in more detail in this article: Naming a Company.

On a final note, given that you are starting a business in Star City, it's imperative that you check now that no other Arkansas company is using the business name you want to use.

Don't Forget to Create a Business Plan

Creating a business plan is critical in maximizing the prospects of your new company. Indeed, a business plan is a written description of the future you envision for your business. Failure to write a business plan

To learn more about business plans, read Business Presentations. A great resource for business planning assistance is the free counseling sessions provided by your local SCORE chapter in Arkansas.

Raising Money for Your New Venture

Getting your Star City business the capital it needs to succeed will be harder than you might expect. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.

The good news is this site contains dozens of articles on raising money, including one we recommend entitled Bank Credit Lines.

For Star City entrepreneurs with great ambition but a shortage of investment capital, check out our List of Arkansas Angel Investors and our List of Arkansas Venture Capital Firms.

Promoting Your New Company

To rise above the crowd in Star City and build your business, having an excellent marketing plan is fundamental to your succeeding.

We have some useful resources on this site for entrepreneurs who are working on marketing plans. Customer Loyalty Programs discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. That's just one of the many useful articles we have on Marketing a Small Business.

Never Give Up

Most new Star City businesses underestimate the number of challenges they will face.

From this point on, you control your own destiny.

We are here to help Star City businesses to be successful. We want to be there for you to answer your business questions, whether you are a new Star City 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 Star City, Arkansas

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

More Startup Articles for Arkansas Cities

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