How To Start A Business In Kansas
Entrepreneurship in Kansas
Kansas natives have invented everyday objects from the helicopter to the dial telephone. In fact, basketball first became popular when James Naismith taught it to the University of Kansas. So it's no wonder so many great entrepreneurs have come from Kansas.
With people like Omar Knedlik (creator of the Icee), and Fred Koch (Founder of Koch Inustries) to look up to, the people of Kansas love to lead entrepreneurial teams that change the world.
Home to Dorthy from the Wizard of Oz, and containing endless fields of wheat, the sunflower state is a great place to start your small business.
Registering Your Business
Registering your business is one of the first steps to success.
And with Kansas’s 160 dollar fee for starting an LLC, it's important you get it right.
Decide what kind of model is right for you (LLP, LLC, Corporation, Sole Proprietorship). Most small businesses start with an LLC. If you’d like an LLC, S-Corp, or C-Corp done for you, we’d be happy to do that on your behalf.
Before you start your business, look around to understand the market in Kansas.
With an abundance of rich natural resources, Kansas has a ton of business potential.
According to TaxFoundation.org, Kansas ranks a medium 24th in the individual income tax rank.
Another good way to understand Kansas’s market is to visit your local Chambers of Commerce.
You can use your local chamber of commerce to identify opportunities and threats in your local community. It’s a great way to get started on the bottom 2 quadrants of your SWOT analysis.
We’d recommend looking through it and identifying competitors in your industry, and identify the points of parity you need to live up to, and how to better leverage your points of differentiation.
Kansas is full of hard working people that can be amazing assets to your company.
Unemployment rate in Kansas:
Information from Kansas.gov
Average annual salary in Kansas:
32.05 dollars an hour
Information from Zip Recruiter
Education levels for residents of 25 and older:
High school degree or higher:
Bachelor degree or higher:
Information from World Population Review
Price index yearly growth: 14.77%
Medium house price: 151,900 dollars
National average house price: 269,039 dollars
Kansas is a unique place to start a business. We hope that the resources and points we brought up here will help you start a business there.
If you’d like to dive deeper into how to start a business, check out our much longer article How To Start A Business. Use both of them to get started on the right foot from day one.
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