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I've lived in Magnolia now for 3 1/2 years, and unless you have a job lined up beforehand I probably wouldn't recommend moving here. El Dorado seems to have a bit better (more varied/more active) job market. Stamps is little more than a "don't blink or you'll miss it" type town. If you're looking for a more vibrant area, I'd look at some of the larger cities in NW Arkansas, or the Shreveport area in Louisiana.
If you're looking to establish a local business, the economic profile here is not very high. I've been working on fixing up a 2,000 sf building that I may run a business from one day, and I'm open to suggestions as to what I might get into. I'd really like to offer some sort of entertainment venue, but the place isn't big enough to handle a crowd. I'm open to suggestions!! |
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If you're looking to establish a local business, the economic profile here is not very high. I've been working on fixing up a 2,000 sf building that I may run a business from one day, and I'm open to suggestions as to what I might get into. I'd really like to offer some sort of entertainment venue, but the place isn't big enough to handle a crowd.
I glad to see People Unit considering opening a business in Magnolia. I would not worry about starting small. It is always easier to expand a success that it is to back up from a failure. Clean night entertainment for the younger crowd is very much in demand. Magnolia is as at a high point right now for restaurant choices but there is always an opportunity for a small unique dining opportunity. I have been involved in local business development for nearly 20 years and see opportunities everywhere. However you are looking to take no chances and invest nothing with a guarentee of success you need to do something else. Other suggestions I might have would depend on the location of the building you are working on and what your talents are. Regardless my first suggestion would be to look at what types of business are not offered in surrounding communities that folks would come to Magnolia for and then to look at what types of business or services Magnolia folks are going out of town for. Oh! one more idea. As a potiential business owner, quit criticizing Magnolia in front of the world. It may not be perfect but it is a quality community where the possibilities far outweigh the problems. Choose to be part of the possibilities, not part of the problem. |
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Just a quick reply. I agree with the previous poster. My grandparents lived on N. Washington and owned The Little Store. I grew up spending summers and holidays milling around in their patch and loving the town square. There is a sense of community there that I have not witnessed elsewhere.
Give it a try! |
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