A business plan serves to describe a company’s road map when it comes to the operational and financial aspects of the business. Oklahoma companies that are only just starting out do this, while those that have been around for a while also put together business plans...
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What to consider before investing in commercial properties
Investing in commercial real estate may enable you to diversify your portfolio while also positioning yourself for returns that may outperform the stock market. Of course, buying a Tulsa office building or shares of a real estate investment trust does come with risk....
Business development basics when forming a new business
Business development encompasses everything from marketing and sales to strategy and product development. It involves identifying potential opportunities, developing them into products or services, and launching them in the market for ultimate profitability. In...
How planning and execution lead to success in business
Hundreds of Oklahoma residents start new businesses every year. Unfortunately, almost half of these endeavors will close within five years of opening. Planning and execution strategies are essential for long-term success. The power of planning Most entrepreneurial...
A guide to business formations in Oklahoma
Oklahoma business law requires companies to have a valid formation document when registering with the state. It is important to review the various business forms available and be aware of the advantages and disadvantages each offers before making a decision on the...
How should you form a liability limited company in Oklahoma?
When starting a business in Oklahoma, one of the first things you'll need to do is choose the proper business structure. Several options are available, but one of the most popular is the limited liability company (LLC). What is a limited liability company? An LLC is a...
Preparing an LLC operating agreement in Oklahoma
If you're looking to start a business in Oklahoma, an LLC might be one of the best business structures to choose. This is because it offers sufficient flexibility and protection for the owners. However, to get the most out of your LLC, you need to have an operating...
Available business structures in Oklahoma
Oklahoma is ranked the fourth most affordable place to live in the U.S., and companies have a probability of over 80% startup survival in their first year. This can be a lucrative state to start a business. But before you invest your money, you should know the right...