Business Environment
Green Valley and Northwest Arkansas: "An economic engine for growth in business."
For those who are planning to start a new business, we recommend that you follow the ASBTDC Recommended Action Steps for Starting a New Business. These steps will help you as you determine whether or not you want to start a business as well as consider the feasibility of your chosen business. They also provide assistance to innovation-based businesses. Follow the link below:
AR Small Business & Technology Development Center
You will find information on this site dealing with STARTING A BUSINESS; WRITING A BUSINESS PLAN, HIRING EMPLOYEES, MARKETING, PATENTS/COPYRIGHTS, LOANS, and other subjects to get you started.
While national and global business environments continue to be difficult and unpredictable for both entrepreneurs and large firms, Fayetteville area businesses have enjoyed prosperity even during these volatile economic times.
During the last 10 years, Green Valley and NWA has experienced record job and income growth placing it in the top 10 of all national MSAs in these categories. In this period numerous publications, from Forbes Magazine to the Milken Institute, have highlighted NWA as an economic engine for growth of small and large business.
Record job and income growth
The region has a population of over 800,000 within a short commute. A centralized transportation infrastructure makes it easy to reach almost any major city within hours. Combine these factors with a progressive tax system, state of the art telecommunications, and affordable utilities and it is easy to see why area companies are profitable and continue to thrive in Green Valley and NWA's business environment.
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