Start a Business in Paragould, AR: When it comes to starting a business, entrepreneurs must look for the place with the most potential. Whether a corporation, sole proprietorship, partnership, or LLC, having a business in Paragould, AR, is a plus for any entrepreneur. In general, setting up any form of business in Arkansas, US, is the initial step to building an international brand.
Entrepreneurs across the globe are interested in starting and expanding their businesses in Paragould, AR. With an urban population of 28821 (estimate), the city has a lot to offer to all emerging entrepreneurs. The main reason for this is the economic environment and flexibility of the business structure in Arkansas. Like most places in the US, Paragould, AR also offers business structures for all types of entrepreneurs; no matter what business you want to do, there’s a perfect solution for you. If you want to start limited liability company (LLC) or a corporation, or a sole proprietorship, Paragould, AR has a proper business environment for all.
In this article, you will read about how to start a business in Paragould and why you should choose Paragould to start and run your business. We recommend you check below the important facts about Paragould, AR; these might help you.
On this page, you’ll learn about the following:
- Paragould, AR Household Income Statistics
- Paragould, AR Education & Labor force Facts
- Paragould, AR Demographics
- How to Start a Business in Paragould, AR
- Other Things to do After Starting Your Business
- Important Paragould Stats for Starting a Business
- Reasons to Start a Business in Paragould
- FAQ About Paragould, AR
Paragould, AR Household Income Statistics
|Paragould Median household income||48276 USD|
|Paragould households with dual income earners||49.9 %|
|Paragould households $150K+ Income||4.5 %|
|Paragould households $100K+ Income||16.8 %|
|Paragould households $100-150K Income||12.3 %|
|Paragould households $75-100K+ Income||12.3 %|
|Paragould households $50-75K+ Income||19.8 %|
|Paragould households $35-50K+ Income||14.4 %|
|Paragould households $25-35K+ Income||11.2 %|
Paragould, AR Education & Labor force Facts
|Paragould residents with a bachelor’s degree (or equivalent)||12.5 %|
|Paragould residents with at least a 4-year degree||19.2 %|
|Paragould residents with a graduate degree||6.7 %|
|Paragould residents with a high school diploma but no more||43.1 %|
|Paragould residents with less than high school education||9.1 %|
|Paragould residents with some college but no more||28.6 %|
|Paragould residents with a Bachelor’s degree or higher (STEM fields)||47.2 %|
|Paragould households that own (rather than rent) their residence||58.7 %|
|Paragould residents 16 and older in the labor force||59.8 %|
|Paragould residents unemployed||7.1 %|
Paragould, AR Demographics
|Paragould residents aged 0-9||14.2 %|
|Paragould residents aged 10-19||12.6 %|
|Paragould residents aged 20-29||15.3 %|
|Paragould residents aged 30-39||13.9 %|
|Paragould residents aged 40-49||11.7 %|
|Paragould residents aged 50-59||12.5 %|
|Paragould residents aged 60-69||11.5 %|
|Paragould residents aged 70-79||5.2 %|
|Paragould residents aged over 80||3.3 %|
|The average size of resident families in Paragould, AR||2.98|
|Estimated population per square kilometer in Paragould, AR||349|
|Paragould, AR urban population (estimate)||28821|
|Paragould, AR municipal population (estimate)||28821|
Now that you know what makes Paragould of Arkansas good for business, let’s get started with the exact steps on how to start a business in Paragould.
How to Start a Business in Paragould, AR
Starting a business in Paragould, AR, needs planning, financial decisions, legal procedures, and a handful of other things. Be it a corporation, sole proprietorship, partnership, or LLC in Arkansas, you must go through the following steps. These steps are general steps. They are subject to change depending on the structure of your business.Generally, starting a Limited Liability Company is easy to form. Read our guide on how to start an LLC before you start your own business. Here are the steps to set up your business in Paragould.
Step 0: Decide on What Business to Start
This is the first thing you work on, the type of business you want to start in Paragould. Depending on that, you need to make your business plan. Apart from the legal documentation and process, you must include the following points in your business plan,
- Through market research on demand trend
- Complete Budget plan – funding your business. If you’re planning to start an LLC, then take a look at the cost of LLC
- What competitors are doing
- SWOT Analysis – check what your Strengths, Weaknesses, Opportunities, and Threats are
- Your targeted buyers
Once you have the entire plan with you, you can continue working on the legal structure of your business. LLCBuddy will guide you through the legal process of forming an LLC for your business. It’s very likely that you have already done this step 0, so that we won’t go deep into this step, let’s move to step 1.
Step 1: Choose Your Business Structure
The very first step after you decide on what type of business you want to start is to choose what type of business structure you want to form. You can form an LLC, a sole proprietorship, a corporation, or a partnership. Each type of structure has different rules and regulations. For example, if you want to start a Arkansas LLC, there are different types of tax and fee structures. An LLC formation is similar to forming a sole proprietorship. On the other hand, forming a corporation is much more complicated. The tax and fee structure is completely different in corporation formation.
Step 2: Name Your Business
The next step in forming a business is to give it an appropriate name. Having a business name is not so easy task. You cannot pick a random name for your company. One has to follow proper naming guidelines before they name their company. Besides, before you settle a name, you must check if the name you are looking for is available to use. You can visit the official government site of Arkansas to do the Arkansas LLC name search before you pick the available name. Below are some of the naming rules you need to follow,
- You cannot name your business that has words or phrases like Bank, University, Government, or anything that can confuse people with a government sector.
- If you are forming an LLC in Arkansas, then you must include words like “LLC,” “LC,” “LLC,” “Liability Company,” and “L.L.C.” If it is an LLP, then you must include “LLP” in your business name.
- The name should reflect the nature of your business. Any name that can confuse people should not be picked.
- You can check if the name of your company is available. Through the business name search process, you can search if the desired name is available for use or not.
- You can reserve your business name for a certain time before you form your business in Paragould, AR by filing a name reservation application.
The above-mentioned points are basic naming rules that all businesses have to follow while naming their company. As mentioned above, these rules are subjected to change depending on the structure of the business.
Step 3: Get a Registered Agent
A Registered Agent is a person who receives all types of legal and official documents on behalf of the business. Whether a suit against your company or formation-related documents from the state, a Arkansas LLC Registered Agent is responsible for receiving these documents at his/her official address. In general, anyone who has the right to conduct business in Paragould can be a registered agent. However, there are some requirements to becoming a registered agent.
- The person has to be 18+ years of age.
- Must be a citizen of the Arkansas
- Must have a physical street address in the Arkansas
- Must have legal rights to conduct business in the Arkansas
Anyone who fulfills the requirements can be a registered agent. Also, anyone from the company, your spouse, any relative, or yourself can be a registered agent. But, it is recommended that you hire a professional registered agent to look after your documentation. You can choose from the best LLC services that also offer registered agent for LLCs.
Step 4: Register Your Business
The next step is to register your business under the Secretary of State, Arkansas. The Articles of Organization (or certificate of incorporation) of your company should be submitted online, by mail, in person, or by fax to the Arkansas SOS. You need to pay the state filing fee either by Credit Card or by check to the SOS while registering your business in the Paragould, AR. Your Arkansas LLC certificate of formation should have the following details about your business
- Company/Business name, address
- Registered Agent Name, address
- Member-managed or manager-managed (in case of LLC)
- Type of business
Depending on the type of business structure, you may have to add some more information to the formation document.
Step 5: Write the Operating Agreement
An operating agreement is a document that has all the structural information of your business. In most states, it is not mandatory to create an operating agreement. However, it is highly recommended to have one as an internal document. This document records information such as,
- About Business
- Members and management
- Capital contribution
- Profit Distribution
- Change of membership
In future, if any member wants to leave the company or you want to dissolve the business, then the Arkansas operating agreement has everything recorded, from clauses to contributions.
Step 6: Obtain EIN
EIN or Employer Identification Number is required to file taxes, open a business bank account, and if your business has employees. EIN can be obtained from IRS. It is a 9-digit number similar to Social Security Number. However, EIN is different from SSN. It is solely used for business purposes, especially for general tax filing. You have to fill out the form and submit it to the IRS website. It does not cost you anything to obtain EIN.
Step 7: Get Business Bank Accounts
Once you obtain the EIN for your business, you are free to open a business account in the US. Having a US business bank account can ease your business transactions in Paragould, AR. It increases your business credibility and liquidity. It will also be helpful for business loans.
Step 8: Create Your Business Website
Business websites are as important as your business structure. It is necessary to have a catchy business website with all the information regarding your company. Along with the website, you need some more things. Things such as logos, business cards, business emails, domain names, and social media accounts are needed to promote your business. You can hire a professional business service to get all of these services under one roof.
Other Things to do After Starting Your Business
- Once your company is set in the Paragould, Arkansas, you need to file your taxes and apply for licenses (if needed).
- Apart from the license and permits, you need to get insurance for your business. Such as General Liability Insurance, Professional Liability Insurance, and Workers’ Compensation Insurance are some of the insurances you need to get if you are about to start an LLC.
Important Paragould Stats for Starting a Business
Before you start a business in Paragould, it is required that you know some facts about the city. Following are some of the stats to consider before starting a business.
Education & Employment
Paragould has a diverse population that comes from various educational backgrounds. There are students who haven’t finished their high-school education, whereas there are people who are more than just college graduates. Check the table (Education & Labor Force) for detailed data. From the data, it is clear that the city has enough educated and skilled people who can contribute to the labor force.
As we talk about the urban population density, the young population percentage in the city is approximately 15.3 (people in their 20s) and 13.9 (people in their 30s). This means that having any business that is new and tech-based might be profitable. The median age of the population in the city is 35.6. On the contrary, if anyone wants to start a business that is related to any old-age service, such as caregiver, primary old-age support, or something of a similar sort, then Paragould has approximately 3.3 (people in their 80s and above) percent of old people. Check out the table (Demography) above for more information.
Another important factor to mention about Paragould is the home value of owned properties. The average value of owned houses is 137072. Also, the percentage of people living in their own houses is 58.7. This reflects the real estate market of the city. For a metropolitan city, this is a considerable number.
It is inevitable that living in a big city is different from living in a town or a comparatively smaller city. It directly affects lifestyle and health. It is obvious that having health insurance is important, no matter which city or region you are residing in. But there are people in Paragould who still do not have health insurance. The rate of people not having health insurance is 7.9. This depicts the lifestyle and overall health demography of Paragould. As you plan to start your business in this city, you must consider this stat as well.
Income & Lifestyle
The income pattern of the people in this city is given in the table (Income) above. In Paragould, a part of the population has a dual family income that reflects a better standard of living. As in, people have more than one source of income. The table above shows the income percentage of various slabs.
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Reasons to Start a Business in Paragould
Paragould offers a bunch of business-friendly services for entrepreneurs. A proper business environment, skilled labor, tax advances, deductions, and much more are awaiting if you are interested in starting your business in Paragould. Here are some of the reasons,
Stable Economic Growth
Paragould or any other city in Arkansas has stable economic growth and an environment that helps any business to grow successfully. The economic structure of Arkansas shows not only balanced but also a sustainable condition of economic growth, which in turn triggers the businesses to flourish in the state.
Minimize Personal Liabilities of the Entrepreneur
If you’re considering starting an LLC in Paragould, then it will be your best choice. An LLC protects your personal assets and minimizes your personal liabilities. This is one of the many reasons why having an LLC in Paragould is a wise choice. Also, if you are opting for an LLC, the tax deductions will be more than having a corporation.
Federal and State Tax Relaxation
There is a series of federal taxes that an entrepreneur has to pay when operating a business in the US. Depending on the state your company is located in, the state taxes are being imposed. For an LLC, both of these taxes are much lower compared to other business structures. Along with tax impositions, some tax deductions (state-wise) lower the filing fees and other government charges. Check out the Arkansas LLC tax structure to know more about the tax structures for LLCs in the state.
Government Incentives for Entrepreneurs
Federal and state governments in the US ensure that entrepreneurs get a proper business environment in the state or city they are operating their business. The government provides a few incentives to the business holders in Arkansas or any other state. That means if you are operating any business in Paragould, then Arkansas State will provide an incentive for creating jobs, contributing to the state’s GDP, and/or balancing the state’s tax structure.
Low Corporate and Other Business Taxes
Corporations and other business structures (except for an LLC) are liable to pay a corporate tax in Arkansas. Also, there is a Sales Tax that all businesses, including LLCs, have to pay. However, the rate of taxes is very low. Besides, as the businesses receive incentives, the tax burden gets lower.
Skilled Labour & Quality Manpower
In Paragould, it is easy to hire employees for your business. They are not only skilled but also well-educated to help your business grow. As mentioned above, the 59.8 is the percentage of labour participation. Hence, it is clear that having a business in Paragould will make a lot of difference to the existing labor force.
Demand for New Market and Industry
In Paragould, Arkansas, there is an uprising demand for new industries and new markets. Entrepreneurs who are willing to start a business in any of the cities of any state are given enough opportunities to stay in business. Business licensing, tax deductions, incentives, and relaxation of business taxes are some of the benefits that encourage start-ups and budding entrepreneurs to start their own businesses in Paragould.
If we follow the US Data, the median value of commute time for the residents to their work is approximately 19.5. If you are starting a business here, you must keep in mind that commutation can be a point to consider.
Intellectual Property Protection
The US government receives roughly more than 1 million applications for IPR every year. The federal government makes sure that there is no infringement of any patent or property rights. It does not matter which city in which state you are running your business. The rule of Intellectual Property Protection is the same for all. If you have a foreign business in the US, then you might get more benefits under the IPR act.
Paragould (aka ) is ranked at 3 in terms of importance. Apart from the above mentioned reasons, there are some other benefits that businesses enjoy in Paragould. For example, technological advancement, a stable political environment, renewable resources, sustainable non-renewable resources, and some more benefits make things easier for entrepreneurs to start and run their businesses. According to US Data, the percentage of young people in Paragould is 13.9. Hence, it would be great to start a business that is related to tech here as you might get a good number of clients.
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How Fast Can You Start Business In Paragould Arkansas
Whether you are just looking for an exciting place to open up shop, or you are a business veteran looking for a new location to take your business to the next level, Paragould, Arkansas offers an entrepreneurial environment that is welcoming to both newcomers and experienced business owners. There are a variety of business structures available for entrepreneurs in Paragould, including LLCs, partnerships, sole proprietorships, and corporations.
The first step to starting a business in Paragould, AR is to decide what type of business you will be operating. If you will be offering services such as landscaping or cleaning, you will not need to obtain a sales tax license. However, you may need to obtain a business license if you will be selling tangible items such as clothes, electronics, or computers.
There are several ways to apply for a business license. You can apply in person at the City Clerk’s office, or you can apply online. If you have an online business, you will need to provide information about your business, as well as a business plan, to the City Clerk’s office. Depending on the type of business you will be operating, you may also need to submit state certification. If you plan to operate a corporation, you will need to obtain a state EIN, or Employer Identification Number.
If you plan to sell tangible goods, you will also need to obtain a seller’s permit. This is a sales tax license that allows you to sell and collect sales tax. You will also need a business permit, which is issued to businesses that operate in certain locations. A business permit may also be required for home-based businesses.
You will also need to register your business name, as well as a registered agent, if you are conducting business in Paragould. A registered agent receives all of the legal documents on your behalf, including the formation-related documents from the state. This person must be 18 years old or older.
The Paragould Regional Chamber of Commerce is also working to create an entrepreneurial ecosystem in the city. It has launched a series of small business roundtables. They also are on the lookout for a new business incubator, or innovation center. If you have an idea, they are eager to hear it.
Paragould, Arkansas, offers a variety of incentives to businesses. Some incentives include lower tax burdens, tax deductions, and the relaxation of business taxes. In return, businesses are encouraged to create jobs and contribute to the state’s GDP.
To start a business in Paragould, Arkansas, you will need to follow the legal procedures and apply for the appropriate licenses. These licenses and permits include a home occupation permit, a business license, and a seller’s permit. The city will also require you to file taxes and insurance for your business. You may also need to pay a Paragould flat tax, which can be paid in advance or at the end of the year.
The Paragould Paragould business license certificate will be used to open a business bank account, open a credit card processing merchant account, and get business insurance reimbursements. You can also use your certificate to create stationary.
FAQ About Paragould, AR
It depends on the type of business you want to start. In Paragould, AR, there might be government fees, license fees, and some other state taxes that you must be paid to start your business in the Paragould, AR.
The city of Paragould, AR, is very well-liked there. It is because the city’s tertiary sector and industry have recently seen rapid growth. Both aspiring company owners and established ones desire to relocate to Paragould because of the city’s commercial potential.
A city in Arkansas is called Paragould. Yes, Paragould, AR requires a business license. Before starting a company, you need to get a license. The city of Paragould is where you get the license. Paragould provides a variety of enterprises.
To apply for an LLC in Paragould, AR, you must fill out an application form and submit it for approval. You’ll need to include the name of your LLC, the registered agent’s name, the address of the registered agent, and the name of the registered agent’s mailing address.
In Paragould, AR, real estate is a dynamic industry, and shock may cause house values to drop. On the other hand, the real estate industry in Paragould, AR, is flourishing. Therefore, it is difficult to predict whether or not the price of homes would decrease.
Finding the appropriate financing source for your concept should be your first priority. You should start by seeking for angel investors if you want to raise money in Paragould, AR. You should seek for a small company loan if you wish to get cash from a bank.
In Paragould, AR, an LLC may bring in money. Selling items to other companies is one option. Providing services to other companies is another option. You may create a website for them if your company does websites, for instance. Additionally, you may provide advisory services.
It’s not easy to get funding for startups in Paragould, AR. Many startups fail because they don’t have the money to keep going. However, there are angel investors and banks that provide quick loans to support startups in Paragould, AR.
The price to form an LLC in Paragould, AR depends on several different aspects. Depending on the form of organization, the number of members, and the yearly payments. An LLC in Paragould, AR typically costs $50.
There are now more than a thousand unicorn enterprises in existence. Unicorns may be seen in Paragould, AR as well. However, in comparison to other cities, the figure is mediocrely excellent.
The procedure for registering a company in Paragould, AR, is not difficult. Before you can begin, there are a few tasks to complete. If you are registering your company online in Paragould, AR, it takes a day.
If you operate an LLC in Paragould, AR, you are exempt from paying income tax if your LLC does not generate any revenue. For LLCs, there is no company income tax in Paragould, AR. The only tax that must be paid is individual income tax.
Paragould, AR, is a great city for startups. The city is full of young people and is a hub for new ideas. It has a low cost of living and high quality of life, which is perfect for startups.
In Paragould, AR, an LLC can write off a few taxes. Some of them are business insurance, office supplies, professional travel or use of a car, home office expenses, and many more. Check with the local tax office to know more.
DBA in Paragould, AR, costs $25. DBA or “Doing Business As” needs to be filed (not applicable for a few states) so that you can use the name later for your LLC/business.
You can do many things with your LLC in Paragould, AR. It is a business structure that helps you save a lot of money (as it has fewer tax burdens). You can easily make some good earnings from your LLC in Paragould, AR.
Unfortunately, it is not possible to create an LLC in Paragould, AR for nothing at all. The FL Secretary of State will need payment of a state filing fee. You may save money here by serving as your own registered agent.
Every little company in Paragould, AR, has to have some rules. The health and safety of workers policy is one of the most popular ones. Other rules include those governing employee disciplinary actions, time off requests, vacancies, and complaint procedures.
There are many ways to make money from home in Paragould, AR. You can work as a freelance writer, graphic designer, or web developer. You can also work from home as a transcriptionist, translator, or virtual assistant. You can also work as a home baker or an online teacher.
Paragould is a great place to start a business. The cost of living is low, and the cost of starting a business is relatively low. The cost of starting a business varies depending on the type of business you want, but it typically costs $50 if you start an LLC.
Sadly, there is no way to definitively determine if Paragould, AR needs small business insurance. This is due to the fact that each city has its own unique set of laws and rules. Contact your local government if you’re unclear if Paragould needs small business insurance.
If you want to move to Paragould, AR you can. It is not a bad idea. The city has a lot to offer to entrepreneurs and small business owners. You can use all the resources Paragould provides to start your own business.
In Paragould, AR, operating a company from home is legal. However, running a home-based company may need a municipal license in certain places. For that, you should verify with the local government. You can operate your company from home if you’re authorized to.
In Paragould, AR, for an LLC, you may act as your own registered agent. You must be older than 18 and have the right to do business in Paragould, AR in order to register as a registered agent there.
An individual designated by the LLC serves as a registered agent in Paragould, AR. Choosing a registered agent is required. Being a registered agent in Paragould, AR is open to everyone who is at least 18 years old and is qualified to do business there.
In Paragould, AR, LLCs are quite common. An LLC may be created more easily and has a pass-through tax. This makes LLCs the preferred corporate form for many new and small firms in Paragould, AR. Additionally, if you decide against continuing, LLCs are simple to dissolve.
People have been debating for years about which is the better city to live in. Paragould is renowned for its thriving economy and multicultural population. Houston is renowned for having more reasonable living expenses. When determining which is less expensive, there are several things to take into account.
A fast food restaurant in Paragould, AR, would be an excellent choice if you wanted to launch the simplest company. To sell burgers, waffles, rolls, wraps, and other items, you may purchase a kiosk or, even better, a food truck. Everyone will find it simple to start this company.
If you reside in Paragould, AR and do not already have a Tax ID number, you may be curious about the cost of obtaining one. An person or corporation may be identified by their Tax ID number, which is a nine-digit number given out by the IRS. It’s free.
The amount of taxes you must pay in Paragould, AR, depending on your company structure. You could be required to pay sales tax, franchise tax, and employment tax if you establish an LLC, for instance (if needed). Corporations must, however, pay business income taxes.
You’ll need to take a few steps if you want to establish your own LLC in Paragould, AR. You must first register your company with the state of Arkansas. Additionally, a registered agent must be named. By submitting formation paperwork, you may do this.
In Paragould, AR, there are several tiny firms that generate excellent profits. Additionally, these companies don’t need a lot of capital to launch. These companies are those that sell products online, deal in tiny cars, handle real estate, and operate restaurants.
Paragould is a distinctive metropolis with a multicultural populace. The many restaurants and stores show its lengthy history. Since Paragould, AR, is a city that is always expanding, entrepreneurs have many options to launch their own small enterprises there.
In Paragould, AR, a registered agent is required for your LLC. A registered agent is a person who accepts all official correspondence on your LLC’s behalf. As a result, having a registered agent is required.
For LLCs with workers in Paragould, AR, a business license is required. You may not need any business licenses if you are self-employed. However, it is a good idea to confirm any specific regulations with the Paragould authorities.
How Fast Can You Start Business in Paragould, AR
Located in the heart of Greene County, Paragould embodies the spirit of innovation and enterprise. The city’s commitment to fostering economic growth is evident through its well-defined business infrastructure and support systems. Those venturing into a new business venture in Paragould will find a plethora of resources readily available to them, speeding up the start-up process significantly.
Paragould’s government and community organizations have worked hand-in-hand to create an environment that encourages entrepreneurship. The local authorities are not only receptive to new ideas but have also implemented policies that are conducive to quick business establishment. By prioritizing efficient licensing procedures and minimizing bureaucratic hurdles, Paragould attracts aspiring business owners who are keen on avoiding unnecessary delays.
Moreover, Paragould boasts a strong network of economic development organizations that work tirelessly to assist new and expanding businesses. These professionals provide valuable guidance, connecting entrepreneurs with the resources they need to streamline their start-up process. Their expertise and knowledge of the local market offer entrepreneurs a distinct advantage, enabling them to navigate challenges swiftly and confidently.
Infrastructure plays a crucial role in determining how fast one can start a business, and Paragould is well-equipped in this regard. The city’s strategic location between Little Rock and Memphis provides easy access to major logistical hubs, thereby facilitating smooth transportation of goods and services. Additionally, Paragould offers a range of modern commercial properties and facilities, allowing entrepreneurs to swiftly secure a suitable space and get their operations up and running swiftly.
Let’s not forget the importance of workforce availability when it comes to expediting the business start-up process. Paragould benefits from a skilled and motivated labor force, standing ready to contribute to new ventures. Entrepreneurs can tap into the local talent pool and find highly qualified individuals who possess the passion, skills, and dedication necessary to help businesses thrive from day one. This abundance of human resources reduces the time required for recruitment and training, a significant advantage for any new business.
In conclusion, Paragould, Arkansas, has a lot to offer to aspiring business owners when it comes to speed and efficiency in starting a business. From its welcoming business environment and expeditious licensing procedures to its robust support network and strategic location, Paragould allows entrepreneurs to hit the ground running. With its streamlined start-up process and abundant resources, Paragould should be at the top of the list for anyone looking to start a business swiftly and with the best chances of success.
Starting a business in Paragould is not only easy but also profitable. A large portion of the US and even people from other countries are registering their business in the US for intercontinental brand building. Besides, Arkansas has a sustainable economic atmosphere that is enough to encourage newbies to start and run their businesses in Paragould, AR.