August 3, 2020  
 
  Entrepreneurial Resources - Advice for Arkansas Entrepreneurs  
  Heber Springs, Arkansas Resources for Entrepreneurs  
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Starting a Business in Heber Springs, Arkansas

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

Do You Have What It Takes?

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 jumping into the world of entrepreneurship, consider all of the implications of being an entrepreneur.

With so much at stake when you start a business, we strongly recommend you do the following before you proceed:

  • Talk to other entrepreneurs in Heber Springs. Get their candid feedback on what it takes to start a successful business.
  • We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
  • Get feedback from somebody whom you trust. A support network of family and friends can be a great sounding board for good advice before you decide for sure to go into business.

Heber Springs, Arkansas Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 702
5-9 Employees 236
10-19 Employees 162
20-49 Employees 78
50-99 Employees 21
100-249 Employees 9
250-499 Employees 12
500-999 Employees 0
1000+ Employees 0
All Heber Springs Businesses 1220

As a new Heber Springs entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Heber Springs 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
Architectural Services 1
Automotive Parts and Accessories Stores 6
Beauty Salons 1
Bed-and-Breakfast Inns 1
Boat Dealers 4
Book Stores 2
Bowling Centers 1
Business Associations 2
Cable and Other Program Distribution 2
Car Washes 3
Civic and Social Organizations 2
Coin-Operated Laundries and Drycleaners 2
Commercial Screen Printing 1
Community Food Services 1
Computer and Software Stores 1
Computer Systems Design Services 1
Construction Machinery Manufacturing 1
Continuing Care Retirement Communities 1
Convenience Stores 1
Curtain and Drapery Mills 1
Dental Laboratories 2
Direct Title Insurance Carriers 1
Document Preparation Services 1
Drywall and Insulation Contractors 1
Electric Power Distribution 2
Electrical Contractors 2
Electronic Shopping 1
Engineering Services 1
Exam Preparation and Tutoring 1
Exterminating and Pest Control Services 1
Family Clothing Stores 1
Family Planning Centers 1
Finish Carpentry Contractors 1
Fitness and Recreational Sports Centers 3
Floor Covering Stores 1
Flooring Contractors 1
Florists 1
Fruit and Vegetable Markets 1
Full-Service Restaurants 15
Funeral Homes and Funeral Services 2
Furniture Stores 1
General Automotive Repair 3
General Freight Trucking, Local 2
General Medical and Surgical Hospitals 1
General Rental Centers 1
Gift, Novelty, and Souvenir Stores 4
Glove and Mitten Manufacturing 1
Golf Courses and Country Clubs 3
Home Centers 2
Insurance Agencies and Brokerages 10
Investigation Services 1
Investment Advice 2
Janitorial Services 3
Jewelry Stores 1
Limited-Service Restaurants 13
Logging 2
Machine Shops 1
Marinas 5
Masonry Contractors 1
Metal Stamping 1
New Car Dealers 3
New Housing Operative Builders 2
Newspaper Publishers 2
Nonresidential Property Managers 1
Nursing Care Facilities 1
Office Administrative Services 1
Offices of Certified Public Accountants 3
Offices of Chiropractors 3
Offices of Dentists 6
Offices of Lawyers 9
Offices of Optometrists 1
Offices of Real Estate Appraisers 3
Outdoor Power Equipment Stores 1
Petroleum Bulk Stations and Terminals 2
Pharmacies and Drug Stores 3
Pipeline Transportation of Natural Gas 1
Power-Driven Handtool Manufacturing 1
Ready-Mix Concrete Manufacturing 2
Residential Property Managers 1
Residential Remodelers 2
Securities Brokerage 1
Siding Contractors 1
Sign Manufacturing 1
Snack and Nonalcoholic Beverage Bars 2
Solid Waste Collection 2
Sporting Goods Stores 3
Tax Preparation Services 1
Temporary Shelters 1
Testing Laboratories 1
Tire Dealers 3
Title Abstract and Settlement Offices 1
Tobacco Stores 2
Used Car Dealers 2
Used Household and Office Goods Moving 1
Used Merchandise Stores 5
Vending Machine Operators 2
Veterinary Services 3
Video Tape and Disc Rental 2
Vocational Rehabilitation Services 1
Warehouse Clubs and Supercenters 1
Wholesale Trade Agents and Brokers 6
Wired Telecommunications Carriers 2
Women's Clothing Stores 1

Forming a Company in Heber Springs, Arkansas

It's essential that you choose the right legal structure for your new entity. Among other things, forming a legal entity for the business limits your liabilities.

The entity you form can be a corporation, LLC, sole proprietorship, partnership or other structure.

Incorporating is a very popular way to form a business. Of course, you have to decide which type of corporation to form and where to incorporate. If you are starting a business in Arkansas, you don't necessarily have to incorporate in Arkansas. In fact, you can incorporate wherever you want. 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. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Where to Incorporate. You should also consider getting professional assistance from your business lawyer. Finally, if you are starting a business in Heber Springs, Arkansas, our information on Incorporating in Arkansas may be a useful resource if you decide to incorporate in Arkansas.

Startup Financing Basics

Getting your Heber Springs business the capital it needs to succeed requires strong organization skills and perseverance. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.

To learn about raising money, we recommend you read the fundraising articles on our site, such as 504 Loans.

For Heber Springs entrepreneurs on the hunt for startup funding, check out our List of Arkansas Angel Investors and our List of Arkansas Venture Capital Firms.

Marketing Your New Startup

To rise above the crowd in Heber Springs and build your business, you need a excellent marketing plan.

We have some great resources on this site for entrepreneurs who are working on marketing plans. Bus Bench Advertising Costs discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.

How to Improve Your Entrepreneurial Abilities

The best business owners recognize that they need to continually improve.

Given that you are starting a business in Heber Springs, 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 Heber Springs networking organizations.

Now It's Up To You

Most new Heber Springs businesses underestimate the number of challenges they will face.

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 Heber Springs and throughout the United States . We want to be there for you to answer your business questions, whether you are a new Heber Springs 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 Heber Springs, Arkansas

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

 

 

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