Guide on Starting a Small Business in Kansas
With so much to consider, it’s important to have a clear roadmap to success. In the following text, I will provide you with practical tips and step-by-step guidance on how to navigate the process of starting a small business in Kansas.
Key Steps to Start a Small Business in Kansas
- Create A Business Plan
- Choose A Business Name
- Choose A Business Structure
- Obtain Licenses and Permits
- Comply With Regulations
Licensing and Compliance in Kansas
Prospective business owners need to check the business entity database on the Secretary of State’s website. This ensures the desired title is available. Next, reserve the selected name by creating an account with KanAccess and registering online. The name reservation service costs $30, reserving the name for 120 days. Some services require licensing in Kansas – contractors, bakeries, B&Bs, kennels, internet sellers. While not a license on the business itself, licensing is required to operate. After completing necessary steps, check with local government on other licenses and permits needed to operate.
Establishing an LLC in Kansas
Before legally filing your Kansas LLC, choose a registered agent to receive legal mail/papers. You can act as your own or hire a professional service. Creating an LLC requires following steps – choosing a unique name, agent, filing Articles of Organization, drafting an Operating Agreement, obtaining licenses/permits. This provides liability protection.
Cost of Starting a Small Business in Kansas
To establish a business in Kansas, you must identify your niche, create a business plan, comply with regulations, choose a business structure, and obtain necessary licenses. With over 250,000 small businesses in Kansas, opportunities exist to start and grow a business. Kansas offers a lower cost of living that allows earnings to go further than most US states. Follow these steps to begin your entrepreneurial journey in Kansas.