Kansas Business Startup Guides
Opening a Business in Erie, Kansas
Contemplating starting a business in Erie, Kansas? We walk you through the process of opening a business in Erie.
Do You Have What It Takes?
An entrepreneurial life is hard work, much harder than working as an employee. Are you certain you have the stamina and skills to succeed on your own?
With so much at stake when you start a business, we strongly recommend you do the following before you proceed:
- Talk to other entrepreneurs in Erie. Get their candid feedback on what it takes to start a successful 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. A support network of family and friends can be a great sounding board for good advice before you decide for sure to go into business.
Erie, Kansas Demographic Information
Erie has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Erie demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Erie.
Businesses
As a new Erie entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Erie 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 Buying an Existing Erie Business?
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 Erie.
If you are serious about buying a business, you may want to read this article: Buying a Business.
Selecting a Name For Your Venture
A big decision when starting a company is choosing a company name. Believe it or not, choosing a good company name can be a big contributor to your business success.
Company names should be fun to say, and they should help people to understand what you do and how you differentiate yourself in the market.
To get up to speed on what makes for a good company name, we encourage you to read this useful article: Naming a Company.
There's one other important factor when naming a business. Since you are opening a business in Erie, it's critical that you ensure that no other Kansas company is using the business name you want to use.
Company Formation in Erie, Kansas
It's essential that you choose the right legal structure for your new entity. Without a legal structure for the business, you can be held personally liable for the actions, debts and obligations of your company.
The entity you form can be a corporation, LLC, sole proprietorship, partnership or other structure.
Incorporation 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, it doesn't mean you are required to incorporate in Kansas. In fact, you can incorporate wherever you want. For example, it's very popular to incorporate in Delaware, and incorporating in Nevada has become very trendy as well. Don't forget, though, that you will have to register as a foreign entity in all states that you do business in.
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 How to Incorporate. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Erie, Kansas, our information on Incorporating in Kansas may be a useful resource if you decide to incorporate in Kansas.
Startup Financing Basics
Getting your Erie business the capital it needs to succeed will be harder than you might expect. If you don't have a rich uncle to fund you, you'll need to be creative in how you approach your fundraising efforts.
To learn about raising money, we recommend you read the fundraising articles on our site, such as Business Credit Evaluation.
For Erie entrepreneurs who need startup capital, you'll want to take a look at our List of Kansas Angel Investors and our List of Kansas Venture Capital Firms.
How to Sell
Do you know how to sell? In order to attract customers to your new Erie business, you need to focus on sales.
Good selling involves demonstrating that your wares meet your customer's needs. The good news is we can help you to make selling a big competitve advantage for your new firm.
Anticipating Prospect Responses is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.
Now It's Up To You
As an entrepreneur in Erie, you won't be working for the boss anymore. You are the boss.
From this point on, you control your own destiny.
This site is all about helping entrepreneurs in Erie 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 Erie, Kansas
Here are more links that we believe will help you be successful in starting a business in Erie.
- Resources for Erie, Kansas Entrepreneurs - Browse a variety of resources we've collected to assist Erie 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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