August 13, 2020  
 
  Entrepreneurial Resources - Advice for Oklahoma Entrepreneurs  
  Broken Arrow, Oklahoma Resources for Entrepreneurs  
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Starting a Business in Broken Arrow, Oklahoma

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

Are You Sure You Want to Do This?

Most new businesses don't make it, in part because the entrepreneur did not have the entrepreneurial skills and traits needed to succeed. So, before you start your business, consider all of the implications of being an entrepreneur.

While entrepreneurship has become a popular career choice, we recommend you do the following before you take the plunge:

  • Talk to other entrepreneurs in Broken Arrow. Ask them candidly what it's like to run a business.
  • We recommend reading Characteristics of Successful Entrepreneurs. For aspiring new entrepreneurs, it's a must read article.
  • Seek the advice of somebody who knows you well. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.

Broken Arrow, Oklahoma Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 3768
5-9 Employees 1095
10-19 Employees 756
20-49 Employees 507
50-99 Employees 177
100-249 Employees 60
250-499 Employees 21
500-999 Employees 6
1000+ Employees 0
All Broken Arrow Businesses 6390

As a new Broken Arrow entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Broken Arrow 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
Advertising Agencies 4
Air and Gas Compressor Manufacturing 1
Aluminum Foundries (except Die-Casting) 1
Ambulance Services 2
Amusement Arcades 1
Architectural Services 3
Automobile Manufacturing 1
Automotive Exhaust System Repair 1
Automotive Glass Replacement Shops 1
Automotive Parts and Accessories Stores 6
Automotive Transmission Repair 4
Ball and Roller Bearing Manufacturing 1
Barber Shops 1
Beauty Salons 18
Beer, Wine, and Liquor Stores 7
Boat Dealers 1
Book Stores 4
Bowling Centers 1
Building Inspection Services 4
Business Associations 4
Cable and Other Program Distribution 1
Car Washes 6
Carpet and Upholstery Cleaning Services 4
Cemeteries and Crematories 2
Child and Youth Services 1
Child Day Care Services 33
Children's and Infants' Clothing Stores 1
Civic and Social Organizations 7
Claims Adjusting 2
Clothing Accessories Stores 1
Coin-Operated Laundries and Drycleaners 2
Collection Agencies 2
Commercial Flexographic Printing 1
Commercial Lithographic Printing 1
Commercial Photography 2
Commercial Screen Printing 3
Commodity Contracts Brokerage 1
Computer and Software Stores 4
Computer Systems Design Services 12
Construction Sand and Gravel Mining 1
Consumer Lending 5
Convenience Stores 3
Cosmetology and Barber Schools 2
Couriers 1
Court Reporting and Stenotype Services 2
Credit Unions 3
Custom Computer Programming Services 18
Dance Companies 1
Dental Laboratories 4
Diagnostic Imaging Centers 1
Diet and Weight Reducing Centers 1
Digital Printing 1
Direct Life Insurance Carriers 1
Direct Title Insurance Carriers 1
Display Advertising 3
Drafting Services 1
Drinking Places (Alcoholic Beverages) 6
Drywall and Insulation Contractors 5
Educational Support Services 1
Electric Power Distribution 2
Electrical Contractors 38
Electronic Auctions 1
Electronic Shopping 4
Elementary and Secondary Schools 4
Employment Placement Agencies 1
Engineering Services 28
Environmental Consulting Services 2
Exterminating and Pest Control Services 9
Facilities Support Services 1
Family Clothing Stores 3
Family Planning Centers 1
Farm Supplies Merchant Wholesalers 1
Fine Arts Schools 6
Finish Carpentry Contractors 12
Fitness and Recreational Sports Centers 9
Flight Training 1
Floor Covering Stores 3
Flooring Contractors 6
Florists 7
Food (Health) Supplement Stores 4
Food Service Contractors 1
Fossil Fuel Electric Power Generation 1
Framing Contractors 3
Freight Transportation Arrangement 4
Full-Service Restaurants 50
Funeral Homes and Funeral Services 3
Furniture Merchant Wholesalers 1
Furniture Stores 4
General Automotive Repair 23
General Freight Trucking, Local 2
General Medical and Surgical Hospitals 1
General Rental Centers 2
General Warehousing and Storage 1
Gift, Novelty, and Souvenir Stores 6
Glass and Glazing Contractors 1
Golf Courses and Country Clubs 6
Grantmaking Foundations 3
Graphic Design Services 3
Gypsum Product Manufacturing 1
Hardware Stores 2
Hazardous Waste Treatment and Disposal 1
Hobby, Toy, and Game Stores 4
Home Centers 2
Home Health Care Services 5
Home Health Equipment Rental 1
Homes for the Elderly 3
Household Appliance Stores 2
Industrial Launderers 2
Industrial Mold Manufacturing 1
Industrial Pattern Manufacturing 1
Industrial Valve Manufacturing 2
Insurance Agencies and Brokerages 42
Interior Design Services 2
Internet Publishing and Broadcasting 1
Investigation Services 3
Investment Advice 3
Irradiation Apparatus Manufacturing 1
Janitorial Services 24
Jewelry Stores 1
Kidney Dialysis Centers 1
Land Subdivision 4
Landscape Architectural Services 4
Landscaping Services 39
Language Schools 1
Lessors of Other Real Estate Property 3
Limited-Service Restaurants 61
Local Messengers and Local Delivery 1
Locksmiths 2
Machine Shops 16
Mail-Order Houses 3
Marketing Consulting Services 3
Masonry Contractors 9
Meat Markets 1
Media Representatives 1
Metal Stamping 1
Miscellaneous Intermediation 1
Mobile Food Services 1
Mortgage and Nonmortgage Loan Brokers 1
Motion Picture and Video Production 3
Motor and Generator Manufacturing 1
Motor Home Manufacturing 1
Motor Vehicle Body Manufacturing 1
Motor Vehicle Towing 3
Motorcycle Dealers 3
Museums 1
Musical Groups and Artists 1
Musical Instrument and Supplies Stores 3
Nail Salons 1
Natural Gas Distribution 2
Natural Gas Liquid Extraction 1
New Car Dealers 9
New Housing Operative Builders 7
Newspaper Publishers 1
Nonresidential Property Managers 3
Nursing Care Facilities 6
Office Administrative Services 9
Office Equipment Merchant Wholesalers 2
Offices of Certified Public Accountants 17
Offices of Chiropractors 14
Offices of Dentists 30
Offices of Lawyers 15
Offices of Optometrists 10
Offices of Other Holding Companies 1
Offices of Podiatrists 1
Offices of Real Estate Appraisers 3
Ophthalmic Goods Merchant Wholesalers 1
Optical Goods Stores 1
Outdoor Power Equipment Stores 4
Paint and Coating Manufacturing 1
Paint and Wallpaper Stores 4
Painting and Wall Covering Contractors 23
Passenger Car Rental 1
Payroll Services 3
Periodical Publishers 2
Pet and Pet Supplies Stores 2
Pet Care (except Veterinary) Services 5
Petroleum Refineries 1
Pharmacies and Drug Stores 14
Photography Studios, Portrait 6
Pipeline Transportation of Natural Gas 1
Plate Work Manufacturing 1
Portfolio Management 1
Private Mail Centers 2
Professional Employer Organizations 1
Professional Organizations 2
Quick Printing 4
Radio Stations 1
Ready-Mix Concrete Manufacturing 2
Real Estate Credit 5
Remediation Services 1
Residential Property Managers 6
Residential Remodelers 20
Retail Bakeries 1
Roofing Contractors 15
Sales Financing 1
Satellite Telecommunications 1
Savings Institutions 1
Securities Brokerage 10
Security Guards and Patrol Services 2
Septic Tank and Related Services 2
Sheet Metal Work Manufacturing 3
Shoe Stores 2
Siding Contractors 4
Sign Manufacturing 2
Site Preparation Contractors 4
Snack and Nonalcoholic Beverage Bars 16
Software Publishers 4
Solid Waste Collection 3
Solid Waste Combustors and Incinerators 1
Sporting Goods Stores 8
Sports and Recreation Instruction 1
Tax Preparation Services 15
Telemarketing Bureaus 1
Television Broadcasting 1
Temporary Help Services 2
Testing Laboratories 4
Theater Companies and Dinner Theaters 1
Tile and Terrazzo Contractors 2
Tire and Tube Merchant Wholesalers 2
Tire Dealers 6
Title Abstract and Settlement Offices 3
Tobacco Stores 3
Translation and Interpretation Services 1
Travel Agencies 1
Travel Trailer and Camper Manufacturing 1
Truss Manufacturing 1
Used Car Dealers 9
Used Household and Office Goods Moving 5
Used Merchandise Stores 8
Vending Machine Operators 3
Veterinary Services 12
Video Tape and Disc Rental 5
Vocational Rehabilitation Services 2
Warehouse Clubs and Supercenters 2
Water Supply and Irrigation Systems 1
Wholesale Trade Agents and Brokers 20
Wired Telecommunications Carriers 3
Women's Clothing Stores 1
Yarn Spinning Mills 1
Zoos and Botanical Gardens 1

Have You Considered Franchising?

As you drive around Broken Arrow, you may be surprised to see how many franchises there are in the area. But is franchising the right option for you?

Our recommendation is that you consider franchising as an option. To help you learn more about franchising, we've gathered a ton of articles on franchising, including How to Franchise a Business. Get a thorough education on franchising by browsing all of our Articles on Franchising.

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

Sample franchise opportunities include Sun Franchise Group and Kensington Nanny & Home Services. Alternatively, you can browse franchise categories, such as Golf Franchises and Real Estate Franchises.

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

Have You Considered Buying an Existing Broken Arrow Business?

An excellent way to get started in business is to Buy a Business in Oklahoma. Follow that link and you can assess several good businesses for sale in Broken Arrow.

Before buying a business, be sure to read this article: Hold Harmless Agreements When Buying Businesses.

Raising Money for Your New Venture

Obtaining startup financing for your Broken Arrow business is very difficult due to the ongoing business credit crunch. The reality is that there is very little funding available for new small businesses, and you have to explore every possible alternative.

Take advantage of our many articles on raising money, such as Business Incubators.

For Broken Arrow entrepreneurs who need startup capital, check out our List of Oklahoma Angel Investors and our List of Oklahoma Venture Capital Firms.

The Art of Selling

Mastering the art of selling is essential if you want your new Broken Arrow business to do well.

Why should customers buy from you instead of buying from competitors? Fortunately, we've got plenty of good advice to help you improve your selling skills.

Sales Prospecting is worth reading, as it may give you some good ideas on how to sell your products or services. We have many more good articles on selling that you may enjoy reading.

Next Steps

Most new Broken Arrow businesses underestimate the number of challenges they will face.

Owning your own business will be a daunting task, but you can do it.

Our goal here is to promote the vitality and growth of small businesses in Broken Arrow 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 Broken Arrow, Oklahoma

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

 

 

Additional Resources for Entrepreneurs

Buying a Business

Writing a Business Plan

Raising Money

Incorporate

Small Business Marketing

Advertising Advice

Public Relations -

Customer Service Tips

Entrepreneurial Selling

Workplace Safety