The state of Oklahoma is noted for its energy-centric economy. This has taken a hit in recent years with fluctuating oil prices; nonetheless, the local residents and economists alike are optimistic about the future of the state's economy.
One of the reasons for this optimism is that there are a lot of advantages available for small businesses that would potentially entice entrepreneurs to invest in here. First and foremost, the low cost of living is something worth noting. With the lower cost of living, it could also translate to lower business operating costs.
The unemployment rate in Oklahoma is still a significant issue plaguing the economy. However, this is good news for potential business owners because it means you have access to a large pool of employees and skilled workforce to tap into for your business.
The state-level taxation is another huge advantage that has small business owners choosing Oklahoma over any other states. The taxation rate is highly manageable that it could translate to an increase the business' profit margin.
The simple regulations in place for businesses have also helped to streamline the process of business setup. All of the paper works that need to be done to register your business can be accomplished in one day. For business insurance related info please refer to our more in depth article.
At the request of our visitors we've included the below local insurance contacts for most cities in Oklahoma. We understand the importance of having auto insurance. Without it, you could end up with thousands of dollars of legal and repair fees. When purchasing auto insurance, you need to be certain that you are purchasing a policy from a company that not only pays out claims quickly, but also offers top-notch customer service. For this reason, we've handpicked the below Oklahoma insurance contacts. You can compare multiple quotes with these licensed companies, get a better understanding of what affects your rates, and ultimately select an affordable policy that meets your needs. A lot of people simply don't find low cost policies because they don't use the right resources in their search. We're here to help you find a cheap car insurance policy that will secure your financial assets and provide stellar service. For additional information on traffic laws or driving schools please navigate to your respective state using the map. And for manufactured home insurance, please refer to the respective article.
Dubbed as the Native America, and the Land of the Red Man, Oklahoma is found in the South Central region of the United States. Its capital is Oklahoma City, which is also the state's biggest city. It is the home of the National Basketball Association (NBA) team Oklahoma City Thunder.
Both Oklahoma City and Tulsa features that refined air, as the cities were built during the early 1900s' oil boom. A number of modern museums, galleries, and lavish gardens can also be found in the state.
Perhaps the most iconic symbol of the state is Route 66, which runs from Chicago to Los Angeles. It is the longest run of miles and cuts the city of Oklahoma diagonally.
Another must-see in the state is the Philbrook Museum of Art, which features works from Africa, Asia, and Europe.
Another icon is the University of Oklahoma. The striking façade of the campus makes it a favorite spot for photoshoots.
The yearly per capita income in this state is slightly below the national average.
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