Kansas Business Startup Guides
Start a Business in Belleville, Kansas
Are you starting a business in Belleville, Kansas? This article discusses the most important things to consider when opening a business in Belleville.
Are You Sure You Want to Do This?
Most startup businesses don't make it, in part because the founder did not have the perseverance and abilities that are necessary to succeed. So, before you open a business, consider all of the implications of being an entrepreneur.
Because entrepreneurship is not for everyone, we recommend you do the following to help you assess whether you should move forward with starting a business:
- Talk to other entrepreneurs in Belleville. Ask them candidly what it's like to run a business.
- We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
- Get feedback from somebody whom you trust. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.
Belleville, Kansas Demographic Information
Belleville has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Belleville demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Belleville.
Businesses
As a new Belleville entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Belleville for each business category. By looking at this chart, you can get a general sense for how much competition there is in the business niche that you are pursuing.
Businesses
Have You Considered Franchising?
As you drive around Belleville, you may be surprised to see how many franchises there are in the area. But is franchising the right option for you?
We highly recommend you investigate buying a franchise. We have many articles on franchises, such as Five Franchise Opportunities To Watch. Gain a solid understanding of franchising by scanning all of our Articles on Franchising.
A comprehensive list of franchisors is available via our List of Franchise Opportunities.
Sample franchise opportunities include Caring Transitions and Fitwize 4 Kids. Alternatively, you can browse franchise categories, such as Soccer Franchises and Payday Loan Franchises.
Note on Belleville Franchise Opportunities: You will need to contact franchisors directly to see if their franchises are available in Belleville.
Is Buying an Existing Belleville Business a Good Strategy?
An excellent way to get started in business is to Buy a Business in Kansas. Follow that link and you may find several good businesses for sale in Belleville.
Before buying a business, be sure to read this article: Hold Harmless Agreements When Buying Businesses.
Company Formation in Belleville, Kansas
It's essential that your business is formed as a legal entity that is separate from its owners. Among other things, forming a legal entity for the business limits your liabilities.
The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporating is a very popular way to form a business. Of course, you have to decide which type of corporation to form and where to incorporate. Just because you are starting a business in Kansas, you don't necessarily have to incorporate in Kansas. In fact, you are allowed to incorporate in the state of your choosing. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.
There's a lot to know about forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as LLC Advantages. You should also consider getting professional assistance from your business lawyer. Finally, if you are starting a business in Belleville, Kansas, our information on Incorporating in Kansas may be a useful resource if you decide to incorporate in Kansas.
Raising Money for Your New Venture
Getting your Belleville business the capital it needs to succeed requires strong organization skills and perseverance. The reality is that there is very little funding available for new small businesses, and you have to explore every possible alternative.
The good news is this site contains dozens of articles on raising money, including one we recommend entitled Getting a Small Business Loan.
For Belleville entrepreneurs who need startup capital, we have assembled a List of Kansas Angel Investors and our List of Kansas Venture Capital Firms.
Bring in Revenues
Mastering the art of selling is essential if you want your new Belleville business to do well.
So what does it take to bring in more prospects and close more business? Let us help you refine your selling techniques through our many useful sales advice tips.
Sales Prospecting offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.
Next Steps
Most new Belleville businesses underestimate the number of challenges they will face.
If you choose the right business and love what you do, you will greatly increase your odds of success.
This site is all about helping entrepreneurs in Belleville and elsewhere to achieve real success. We have a wealth of experience in business start-ups, financing, marketing, sales and more...and we've made all of our knowledge available to you.
More Entrepreneurial Resources for Starting a Business in Belleville, Kansas
Here are more links that we believe will help you be successful in starting a business in Belleville.
- Resources for Belleville, Kansas Entrepreneurs - Browse a variety of resources we've collected to assist Belleville entrepreneurs.
- Kansas Entrepreneurial Resources - We've gathered state-level entrepreneurial resources to help new entrepreneurs who are based in Kansas.
- Kansas Small Business Development Center - The KSBDC Network provides Kansas entrepreneurs and small business owners with knowledge, tools and resources to enhance their success. Contact them and they will help you identify your business needs and guide you toward opportunities and solutions.
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