August 9, 2020  
 
  Entrepreneurial Resources - Advice for Arkansas Entrepreneurs  
  Camden, Arkansas Resources for Entrepreneurs  
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Starting a Business in Camden, Arkansas

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

Camden, Arkansas Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 9633
5-9 Employees 4134
10-19 Employees 2691
20-49 Employees 1833
50-99 Employees 390
100-249 Employees 234
250-499 Employees 234
500-999 Employees 0
1000+ Employees 0
All Camden Businesses 19149

As a new Camden entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Camden 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 1
Animal (except Poultry) Slaughtering 1
Appliance Repair and Maintenance 1
Architectural Services 1
Automotive Glass Replacement Shops 2
Automotive Parts and Accessories Stores 4
Baked Goods Stores 1
Beer and Ale Merchant Wholesalers 1
Beer, Wine, and Liquor Stores 3
Book Stores 2
Business Associations 2
Cable and Other Program Distribution 1
Caterers 1
Child and Youth Services 1
Child Day Care Services 7
Children's and Infants' Clothing Stores 1
Civic and Social Organizations 2
Coin-Operated Laundries and Drycleaners 1
Commercial Gravure Printing 1
Community Food Services 1
Computer and Software Stores 2
Convenience Stores 1
Cosmetology and Barber Schools 1
Couriers 1
Credit Unions 2
Diagnostic Imaging Centers 1
Direct Life Insurance Carriers 1
Discount Department Stores 1
Drinking Places (Alcoholic Beverages) 1
Drywall and Insulation Contractors 1
Educational Support Services 1
Electric Power Distribution 2
Electrical Contractors 6
Engineering Services 1
Explosives Manufacturing 2
Exterminating and Pest Control Services 1
Fabric Coating Mills 1
Facilities Support Services 1
Family Clothing Stores 5
Fine Arts Schools 1
Fitness and Recreational Sports Centers 4
Floor Covering Stores 1
Flooring Contractors 1
Florists 2
Fossil Fuel Electric Power Generation 1
Full-Service Restaurants 7
Funeral Homes and Funeral Services 2
Furniture Stores 4
General Automotive Repair 8
General Freight Trucking, Local 3
General Medical and Surgical Hospitals 1
General Rental Centers 1
Gift, Novelty, and Souvenir Stores 3
Glass and Glazing Contractors 1
Golf Courses and Country Clubs 1
Grantmaking Foundations 1
Graphic Design Services 1
Hardware Stores 1
Home Furnishing Merchant Wholesalers 1
Home Health Care Services 2
Household Appliance Stores 2
Human Rights Organizations 1
Insurance Agencies and Brokerages 14
Investment Advice 1
Janitorial Services 3
Jewelry Stores 2
Kidney Dialysis Centers 1
Land Subdivision 1
Landscaping Services 1
Limited-Service Restaurants 12
Local Messengers and Local Delivery 1
Locksmiths 1
Logging 11
Machine Shops 3
Masonry Contractors 1
Motor Vehicle Towing 1
Motorcycle Dealers 2
Musical Instrument and Supplies Stores 1
Natural Gas Distribution 1
New Car Dealers 3
Newspaper Publishers 1
Nursing Care Facilities 3
Office Administrative Services 3
Office Supplies and Stationery Stores 1
Offices of Certified Public Accountants 5
Offices of Chiropractors 2
Offices of Dentists 7
Offices of Lawyers 7
Offices of Optometrists 3
Offices of Other Holding Companies 1
Offices of Real Estate Appraisers 1
Outdoor Power Equipment Stores 2
Paint and Wallpaper Stores 1
Painting and Wall Covering Contractors 1
Paper (except Newsprint) Mills 1
Paper Industry Machinery Manufacturing 1
Petroleum Bulk Stations and Terminals 2
Pharmacies and Drug Stores 4
Political Organizations 1
Ready-Mix Concrete Manufacturing 1
Recreational Vehicle Dealers 1
Residential Property Managers 1
Residential Remodelers 1
Roofing Contractors 1
Sanitary Paper Product Manufacturing 1
Savings Institutions 2
Sawmills 5
Securities Brokerage 3
Security Guards and Patrol Services 4
Shoe Stores 2
Site Preparation Contractors 1
Sporting Goods Stores 2
Support Activities for Forestry 5
Temporary Help Services 2
Testing Laboratories 1
Timber Tract Operations 2
Tire Dealers 2
Title Abstract and Settlement Offices 1
Used Car Dealers 1
Used Household and Office Goods Moving 1
Used Merchandise Stores 1
Vending Machine Operators 1
Veterinary Services 2
Video Tape and Disc Rental 3
Water Supply and Irrigation Systems 1
Wholesale Trade Agents and Brokers 1
Wired Telecommunications Carriers 2
Women's Clothing Stores 1
Wood Container and Pallet Manufacturing 1
Wood Preservation 1

What About Franchising Opportunities?

Examine a list of Camden businesses and you'll see that franchises make up a large percentage of local businesses. So, it probably makes sense for you to consider franchising too.

Our recommendation is that you consider franchising as an option. This site has dozens of articles on franchising, such as Understanding Franchise Contracts. 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.

Representative franchise opportunities include Wall Street Institute and Dublcheck Limited. Alternatively, you can browse franchise categories, such as Wedding Franchises and Food and Drink Franchises.

Note on Camden Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Camden.

Forming a Company in Camden, Arkansas

It's very important that you are forming a legal entity that operates independently from you. Doing so will separate you from personal liability for business debts and obligations.

The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.

Incorporation is a very common way to legally create a business entity. A key decision is whether to form and S-Corp or a C-Corp, and you also must decide in which state you will incorporate. If you are starting a business in Arkansas, you don't necessarily have to incorporate in Arkansas. In fact, you can incorporate in any state you would like to. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.

There are many nuances to forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Piercing the Corporate Veil. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Camden, Arkansas, our information on Incorporating in Arkansas may be a useful resource if you decide to incorporate in Arkansas.

Raising Capital for Your Company

Getting your Camden business the capital it needs to succeed is a difficult chore. 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 Camden entrepreneurs with great ambition but a shortage of investment capital, browse our List of Arkansas Angel Investors and our List of Arkansas Venture Capital Firms.

Promoting Your New Company

Whether your goal is to attract Camden customers or you plan on selling elsewhere, you'll need to have a good marketing plan.

You can learn a ton about marketing on our site. Elevator Advertising 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.

How to Sell

Do you know how to sell? In order to attract customers to your new Camden business, you need to focus on sales.

Clever sales techniques can transform any business from good to great. Fortunately, we've got plenty of good advice to help you improve your selling skills.

Closing Sales Techniques 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.

Never Give Up

As an entrepreneur in Camden, 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.

Our goal here is to promote the vitality and growth of small businesses in Camden and throughout the United States . We believe entrepreneurship is an amazing engine for job creation in Camden, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Camden, Arkansas

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

 

 

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