Arkansas is no stranger to business. The state is home to one of the largest companies in the world, Walmart. The spirit of entrepreneurship runs deep in Arkansas. Perhaps your business will be the next big success story to come out of the state.

Starting a business can be a bit confusing, but you don’t have to do it alone. Using our Formation Services, you can find the right tool for the job. Whether you need an LLC or a corporation, we can help you get your Arkansas business up and running in no time. 

Trying to figure out the best business to start in Arkansas? Let us help. This article outlines a few ideas you may enjoy. We’ll look at ten good businesses to Start in Arkansas and some of the most profitable business ideas in Arkansas. Obviously, this isn’t a comprehensive list, but just a few ideas to consider.

The Most Profitable Small Business Ideas in Arkansas 

1. Real Estate

If you are looking for a rental property or want to get into real estate as a real estate agent, the market is hot in Arkansas. One of the best things about real estate is its scalability. If you have the budget, you could own an entire apartment complex, or you could rent out a small vacation home. You have endless options.

2. Fishing

People in Arkansas love to fish. If you consider yourself an angler as well, you might want to consider a business centered around fishing. You could be a fishing guide on one of the many great rivers in Arkansas, or perhaps consider selling bait and tackle.

3. Ridesharing

Creating a rideshare business could be a good option if you love to drive. Whether you are driving customers around Jonesboro or delivering meals in Little Rock, ridesharing can be a great option that lets you set your own hours.

4. Pizza Shop

Starting your own pizza business can be surprisingly affordable. There are many franchises available and flexible business models that allow you to sell take-and-bake pizzas instead of cooking in-house. While you will have competition, there are still likely several great spots that can make you competitive.

5. Online Teaching

Interested in being a teacher but want the flexibility to work from home? People in Arkansas have many opportunities in the growing online teaching industry. There are numerous ways you can teach online, whether you are tutoring local children or teaching English to students who live thousands of miles away. This is a great way to start an online business.

6. Financial Planning

Are you skilled with making a budget and finding sound investments? Financial planning could be a great option if you have the right qualifications. Financial planners offer a great service to their community.  This business will allow you to help your fellow residents save for retirement and plan for the future. 

7. Photography

Skilled with a camera? Put those shutter skills to use as a professional photographer. Whether you enjoy taking family portraits and wedding photos or wildlife photography, Arkansas is a great state for photographers.

8. Pet Grooming

Love dogs and cats? As a pet groomer, you can offer a wide range of services like haircuts, baths, and nail trimming for animals. You also have some great flexibility. Some pet groomers work at a vet’s office while others have their own storefront. Some even offer mobile pet grooming. 

9. Bakery

If you love making cookies, cupcakes, and other sweet treats, a baking business could be for you. This job requires a lot of hard work, but the rewards are quite tasty. You may be able to start small and scale your business up as it grows. Best of all, the look on your customer’s face after a job well done will warm your heart

10. Phone Repair

Handy with a tiny screwdriver? If you have the skills, phone repair can be very lucrative. It’s no secret that new phones cost a fortune. Being able to fix a phone at a fraction of a replacement cost makes you a valuable asset. You might be able to offer other services as well, like computer and tablet repairs.

Why these are the best small businesses to start in Arkansas?

The best Arkansas businesses to start are those that provide opportunities that are in demand and do not require a large amount of capital. Nevertheless, the best business to start in Arkansas is the one you’d enjoy running. If you have a better idea, that’s okay too. Whatever the idea, we’re here to help you get it off the ground.

Best Cities in Arkansas for Starting a Business

Little Rock might seem like the best place to start a business in Arkansas, as it is the most populous city in the state. That said, Arkansas has several other great options as well. Jonesboro and Fort Smith are both great places with a ton of history. Arkansas also has a number of towns and smaller cities with a lot of opportunities.

Why Form Your Business With Us?

No matter what entity you decide to go with, our team is ready to help you launch your business. We even offer some amazing additional features such as Worry-Free Compliance and top-notch customer support. Our goal is to help you set up your business as quickly as possible so you can focus on what’s important: making it successful.

Disclaimer: The content on this page is for informational purposes only, and does not constitute legal, tax, or accounting advice. If you have specific questions about any of these topics, seek the counsel of a licensed professional.