August 8, 2020  
 
  Entrepreneurial Resources - Advice for Mississippi Entrepreneurs  
  Olive Branch, Mississippi Resources for Entrepreneurs  
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Opening a Business in Olive Branch, Mississippi

Contemplating starting a business in Olive Branch, Mississippi? We walk you through the process of opening a business in Olive Branch.

Will You Be a Successful Entrepreneur?

Most new businesses do not succeed, in part because the entrepreneur did not have the perseverance and abilities that are necessary to succeed. So, before jumping into the world of entrepreneurship, consider all of the implications of being an entrepreneur.

Here are three things we recommend you do before you fully commit to starting a new business of your own.

  • Talk to other entrepreneurs in Olive Branch. They are usually very willing to share their insights on the ups and downs of being an entrepreneur.
  • We recommend reading Should You Become an Entrepreneur?. For aspiring new entrepreneurs, it's a must read article.
  • Have a candid conversation with friends and family. Others sometimes know you better than you know yourself.

Olive Branch, Mississippi Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 1034
5-9 Employees 378
10-19 Employees 291
20-49 Employees 222
50-99 Employees 54
100-249 Employees 72
250-499 Employees 24
500-999 Employees 3
1000+ Employees 0
All Olive Branch Businesses 2078

As a new Olive Branch entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Olive Branch 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
Adhesive Manufacturing 2
Advertising Agencies 1
Air Traffic Control 1
Amusement Arcades 1
Appliance Repair and Maintenance 1
Architectural Services 2
Automotive Exhaust System Repair 1
Automotive Parts and Accessories Stores 5
Automotive Transmission Repair 1
Baked Goods Stores 1
Barber Shops 2
Beauty Salons 2
Beer and Ale Merchant Wholesalers 1
Beer, Wine, and Liquor Stores 5
Business Associations 1
Cafeterias 1
Car Washes 1
Carpet and Upholstery Cleaning Services 1
Cemeteries and Crematories 1
Child and Youth Services 1
Child Day Care Services 9
Civic and Social Organizations 2
Commercial Lithographic Printing 3
Commercial Screen Printing 3
Computer Training 1
Consumer Lending 5
Convenience Stores 3
Custom Roll Forming 1
Dental Laboratories 1
Diagnostic Imaging Centers 1
Diet and Weight Reducing Centers 1
Digital Printing 1
Direct Mail Advertising 1
Drywall and Insulation Contractors 3
Electric Power Distribution 1
Electrical Contractors 8
Electronic Shopping 1
Elementary and Secondary Schools 2
Engineering Services 2
Environmental Consulting Services 1
Exam Preparation and Tutoring 1
Exterminating and Pest Control Services 3
Facilities Support Services 1
Family Clothing Stores 1
Finish Carpentry Contractors 2
Fitness and Recreational Sports Centers 2
Flight Training 2
Floor Covering Stores 1
Flooring Contractors 2
Florists 3
Food Service Contractors 1
Freight Transportation Arrangement 6
Full-Service Restaurants 24
Funeral Homes and Funeral Services 2
Furniture Merchant Wholesalers 1
Furniture Stores 4
General Automotive Repair 5
General Freight Trucking, Local 3
General Rental Centers 1
General Warehousing and Storage 10
Gift, Novelty, and Souvenir Stores 4
Glass and Glazing Contractors 3
Golf Courses and Country Clubs 5
Hand and Edge Tool Manufacturing 1
Hardware Merchant Wholesalers 1
Hardware Stores 1
Hobby, Toy, and Game Stores 1
Home Centers 1
Home Health Care Services 2
Home Health Equipment Rental 1
Homes for the Elderly 1
Industrial Launderers 1
Insurance Agencies and Brokerages 11
Investment Advice 1
Iron and Steel Forging 1
Janitorial Services 4
Jewelry Stores 2
Land Subdivision 7
Landscaping Services 16
Limited-Service Restaurants 23
Machine Shops 3
Marine Cargo Handling 1
Mattress Manufacturing 1
Metal Can Manufacturing 1
Metal Window and Door Manufacturing 1
Mineral Wool Manufacturing 2
Mortgage and Nonmortgage Loan Brokers 2
Motorcycle Dealers 1
Museums 1
Nail Salons 1
New Car Dealers 2
New Housing Operative Builders 1
Newspaper Publishers 1
Office Administrative Services 1
Offices of Certified Public Accountants 3
Offices of Chiropractors 4
Offices of Dentists 6
Offices of Lawyers 5
Offices of Optometrists 1
Offices of Podiatrists 1
Offices of Real Estate Appraisers 5
Outdoor Power Equipment Stores 2
Paint and Coating Manufacturing 1
Paint and Wallpaper Stores 4
Painting and Wall Covering Contractors 2
Pet and Pet Supplies Stores 1
Petroleum Bulk Stations and Terminals 1
Pharmacies and Drug Stores 4
Photography Studios, Portrait 2
Private Mail Centers 2
Professional Employer Organizations 1
Quick Printing 1
Ready-Mix Concrete Manufacturing 2
Real Estate Credit 2
Recreational Vehicle Dealers 2
Residential Property Managers 1
Residential Remodelers 2
Reupholstery and Furniture Repair 1
Roofing Contractors 3
Savings Institutions 1
Securities Brokerage 2
Septic Tank and Related Services 1
Sheet Metal Work Manufacturing 2
Shoe Stores 1
Siding Contractors 1
Sign Manufacturing 1
Site Preparation Contractors 4
Snack and Nonalcoholic Beverage Bars 3
Soap and Other Detergent Manufacturing 1
Solid Waste Landfill 2
Sporting Goods Stores 2
Sports and Recreation Instruction 1
Tax Preparation Services 2
Temporary Help Services 8
Testing Laboratories 1
Tire and Tube Merchant Wholesalers 1
Tire Dealers 3
Tobacco Stores 4
Toilet Preparation Manufacturing 1
Truck Trailer Manufacturing 1
Used Car Dealers 1
Used Household and Office Goods Moving 1
Used Merchandise Stores 2
Veterinary Services 5
Video Tape and Disc Rental 1
Vocational Rehabilitation Services 1
Warehouse Clubs and Supercenters 1
Water Supply and Irrigation Systems 2
Wholesale Trade Agents and Brokers 7
Wired Telecommunications Carriers 1
Women's Clothing Stores 2
Wood Container and Pallet Manufacturing 1

What About Franchising Opportunities?

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

Most business experts recommend 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 Find Financing for Franchises. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.

You can find franchise opportunities by browsing our Franchise Opportunities Directory.

Sample franchise opportunities include The Soccer Post and Brewster's Coffee. Alternatively, you can browse franchise categories, such as Business Services Franchises and Child Education and Tutoring Franchises.

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

Naming the Business

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.

Pick a company name that isn't too generic. If you do a search engine search for your proposed name and a billion results come up, you may want to reconsider the name. It's much easier to come up in the search engines when your name is fairly unique.

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

There's one other important factor when naming a business. Since you are opening a business in Olive Branch, it's imperative that you check now that no other Mississippi company is using the business name you want to use.

Getting the Word Out About Your New Venture

To grow your Olive Branch business, you'll need to have a good marketing plan.

There are myriad resources on this site to help you with your marketing plan. Pricing discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. That's just a sampling of the many useful articles we have on Marketing a Small Business.

Advancing Your Entrepreneurial Skills

Good entrepreneurs recognize that what they know now may not be enough to ensure their future success.

As an entrepreneur who lives in Olive Branch, Mississippi, you will want to take advantage of the many programs available at nearby Mississippi universities, colleges and community colleges. It's also wise to see if there are any Olive Branch networking organizations.

What's Next?

Most new Olive Branch 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 Olive Branch and throughout the United States . We believe entrepreneurship is an amazing engine for job creation in Olive Branch, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Olive Branch, Mississippi

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

 

 

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