Kansas Business Startup Guides
Starting a Business in Garden City, Kansas
Thinking about starting a business in Garden City, Kansas? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Garden City.
Is Becoming a Business Owner Right for You?
Running your own business is demanding, much more challenging than working as an employee. Are you certain you want to go into business for yourself?
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:
- Reach out to other entrepreneurs in Garden City. Get their take on what it's really like to be an entrepreneur.
- Peruse Should You Become an Entrepreneur?. This is one of our more popular articles for folks who want to go into business for themselves.
- Have a candid conversation with friends and family. That's the best way to get a truly objective assessment as to whether others think you have what it takes.
Garden City, Kansas Demographic Information
Garden City has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Garden City demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Garden City.
Businesses
As a new Garden City entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Garden City 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 Garden City Business?
We've created a useful website page for those who want to Buy a Business in Kansas. Follow that link and you might discover several good businesses for sale in Garden City.
If you are intent on buying a business, you may want to read this article: Buying a Business.
Naming the Company
Making the right decision when choosing a company name is very important. There are many decisions you'll make now that you can change later, but changing a company name years down the road is not very easy. So, choose a good company name at the outset.
We strongly advocate that you make sure the ".com" domain name is available for your company name. Every business needs a strong Web presence these days, and having a non ".com" domain means somebody else may outrank you in the search results for your own company name.
For other considerations regarding naming a company, we recommend this article: Naming a Business.
There's one other important factor when naming a business. Since you are planning on starting a business in Garden City, it's critical that you ensure that no other Kansas company is using the business name you want to use.
Do You Need a Business Plan?
Creating a business plan is vital in maximizing the prospects of your new company. In effect, a business plan is a written description of the future you envision for your business. Failure to write a business plan
To learn more about business plans, read Business Plan Contests. You should also take advantage of free business counselors available to you through your local SCORE chapter in Kansas.
Raising Money for Your New Venture
Getting your Garden City 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.
To learn about raising money, we recommend you read the fundraising articles on our site, such as Business Line of Credit.
For Garden City entrepreneurs in need of startup financing, check out our List of Kansas Angel Investors and our List of Kansas Venture Capital Firms.
How to Improve Your Entrepreneurial Abilities
The best entrepreneurs recognize that they don't know everything.
As an entrepreneur who lives in Garden City, Kansas, you will want to take advantage of the learning programs at local Kansas educational institutions. It's also worthwhile to see if there are any Garden City networking organizations.
Moving Forward
As an entrepreneur in Garden City, 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 Garden City and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Garden City, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Garden City, Kansas
Here are more links that we believe will help you be successful in starting a business in Garden City.
- Resources for Garden City, Kansas Entrepreneurs - Browse a variety of resources we've collected to assist Garden City 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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