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Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!

Oklahoma Franchise Opportunities

Photo by Gerson Repreza on Unsplash

Oklahoma is a geographically diverse state that sits at the confluence of three geographic regions, giving it a unique culture and landscape that combines the Native American history with newer influences.

Cities to Choose From

Almost two thirds of the people in Oklahoma live within the metropolitan areas of Oklahoma City or Tulsa, but there are plenty of other options within the state.

  • Tulsa: It used to be known as the “Oil Capital of the World,” but Tulsa has transformed into an economic hub for the aviation, finance and technology sectors.
  • Oklahoma City: The largest city in the state, Oklahoma City is also the capital. It has one of the world’s biggest livestock markets, and depends heavily on oil, gas and petroleum.

An Energy Economy

Oklahoma is home to a diverse spread of industries, ranging from transportation to telecommunications to aviation. Tulsa houses the biggest airline maintenance base in the world, and aerospace products 10 percent of the state’s GDP.

The biggest industry however is energy. Oklahoma is a leading producer of natural gas, crude oil and wind energy, and has the second-most active drilling rigs in the country.

Business and Taxes

  • Oklahoma has a flat rate corporate income tax of 6 percent.
  • The state personal income tax ranges from 0.5 to 5.25 percent.
  • Oklahoma’s GDP is $173.1 billion.
  • There are 333,000 small businesses in the state, making up 97.2 percent of all employers.
  • Of those, 13,000 are franchises, which employ 136,500 people.
Arkansas Franchise Opportunities

You can have it good, for cheap, if you decide to start a franchise in Arkansas! In 2014, Arkansas was found to be the most affordable state to live in.

New Jersey Franchise Opportunities

You can strut your stuff at the Jersey Shore, go gambling in Atlantic City, hike in the forests, or live in Jersey City and commute into New York. New Jersey offers a wide variety of opportunities and lifestyles, and there’s sure to be a place or industry in the state that suits you.

Washington, DC Franchise Opportunities

The nation’s capital and home to a proliferation of government activity, DC is a great place to take advantage of a fairly affluent population, great (and free!) museums, and a dazzling art scene. If you’re thinking about opening a franchise, Washington, DC might be the perfect place for you!