Oklahoma City: Economic Drivers toward Growth

Economic development is key to a city’s growth. More companies, more people, more discretionary income, more spending and other economic drivers mean an economic stimulus. New business moving in and consequently creating more jobs are catalysts for such growth. It’s for this reason that Oklahoma City continues to rank in the top 10 cities to start a business in the United States. The economic market, cost of doing business and high levels of education have made this metro area extremely popular for new business growth, especially in the fields of technology and energy.

With over 32,000 small businesses, Oklahoma City is home to many entrepreneurs investing their time and money into this burgeoning market. From restaurants to technology to natural gas, businesses are thriving in the Oklahoma City Metro Area. Another economic driver is a growing Hispanic presence in this market. According to a recent article from News OK, the Hispanic market boasts an incredible $7.2 billion in buying power. Tapping into this growing market are a number of family owned supermercados (supermarkets) focused on providing families with access to the Hispanic foods and products they are familiar with.

Oklahoma City is also home to a number of large corporations. The list includes: Dell Inc., Xerox, Williams-Sonoma, Sprint, Hertz, The Hartford, AAA and Farmers. Numerous colleges and universities provide a constant influx of new grads to these organizations as well – Oklahoma City University being the most notable of these. Oil, natural gas and petroleum deposit economic drivers that bring growth and well-being to the area. These deposits not only create industry but also help to support the creation of new technology and expanded access to such resources.

Strong economic drivers and markets as well as the low cost of doing business has made the Oklahoma City market attractive to entrepreneurs looking to start or buy a business in the area. It is for this reason that Sunbelt is proud to announce the opening of its newest branch office in Oklahoma City. Owners Rick and Tami Parker bring extensive business experience to their new Sunbelt venture. With over 30 years experience in both public and privately held companies, Rick’s skills are complemented by Tami’s long-term administrative and bookkeeping experience. This partnership and experience will allow the Parkers to provide high quality services to all Sunbelt clients. Read what the Parkers had to say about Oklahoma City upon announcing their new business venture: “Oklahoma City is an economically strong marketplace. There are tremendous opportunities for both business owners and prospective business owners in the thriving Oklahoma market. We are excited to bring Sunbelt’s expertise in brokerage services to the region”.

To learn more about Sunbelt Oklahoma City please contact Rick Parker at 405-285-4505, or [email protected]. You can also visit the website: https://www.sunbeltnetwork.com/edmond-ok/.