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Before you open your business, determine which of the numerous local, state and federal regulations apply to you. Avoid the temptation to ignore regulatory details. Doing so may save time in the short term, but could become an obstacle as your business grows.
Starting your new Arkansas business
Below is a list of the most common requirements that affect small / new businesses. The list is by no means exhaustive, as regulations vary by industry. Consult the list below for a solid start to meeting your regulatory requirements, and then carefully investigate the additional regulations that affect your industry.
Business Licenses There are many types of licenses, and you will need one to operate legally. If your business is located within the city limits, you must obtain a license from the city. If you are outside the city limits, you must obtain a license from the county. Investigate whether you need a business license through your state government web site.
Arkansas Business Name Businesses that use a name other than the owner's must register the fictitious name with the county as required by the Trade Name Registration Act. Check for the appropriate name of the Trade Name Registration Act in your area. This does not apply to corporations doing business under their corporate name or to those practicing any profession under a partnership name.
Trademarks Trademarks are names or symbols used in any commerce that is subject to regulation by state government or the U.S. Congress.
Starting a business in Arkansas
Nicknamed the "Land of Opportunity," Arkansas, which joined the Union in 1836, was the 25th state. The early French explorers of the state gave it its name, which is probably a phonetic spelling for the French word for "downriver" people, a reference to the Quapaw Indians and the river along which they settled. Arkansas is the only state in which diamonds have been mined, although today the mine operates only as a tourist attraction. The state flower is the apple blossom.
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