Kansas Business Startup Guides
Start a Business in Hays, Kansas
Are you starting a business in Hays, Kansas? This article discusses the most important things to consider when opening a business in Hays.
Are You Ready for Life as an Owner?
Being an entrepreneur is hard work, much harder than working as an employee. Are you certain you want to start a business?
Here are three things we recommend you do before you fully commit to starting a new business of your own.
- Talk to other entrepreneurs in Hays. Listen closely to their experiences and see if you think you too can be successful.
- We recommend reading Should You Become an Entrepreneur?. For aspiring new entrepreneurs, it's a must read article.
- Have a candid conversation with friends and family. Ask them directly: Do I have what it takes to be an entrepreneur? Listen carefully to their answer, as they presumably know your strengths and weaknesses.
Hays, Kansas Demographic Information
Hays has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Hays demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Hays.
Businesses
As a new Hays entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Hays 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 Hays Business?
We've created a handy website page for those who want to Buy a Business in Kansas. Follow that link and you may find several good businesses for sale in Hays.
For anybody who wants to buy a business, we recommend reading this useful article: Buying a Business.
Naming the Company
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.
Before you decide on a company name, run it by some prospective customers and see what they think. If they don't like it, it's probably a good idea to go back to the drawing board.
For other considerations regarding naming a company, we recommend this article: Naming a Company.
On a final note, given that you are starting a business in Hays, it's critical that you ensure that no other Kansas company is using the business name you want to use.
Don't Forget to Create a Business Plan
Having a business plan is essential to the health of your new business. Indeed, a business plan describes what you plan to do with the business and how you plan to do it. Not having a business plan makes you more prone to becoming a business failure statistic.
If you want more information on writing business plans, we recommend reading Business Plan Contests. You should also take advantage of face-to-face free consulting available from your local SCORE chapter in Kansas.
Startup Financing Basics
Getting your Hays business the capital it needs to succeed is very difficult due to the ongoing business credit crunch. The reality is that there is very little funding available for new small businesses, and you have to explore every possible alternative.
Take advantage of our many articles on raising capital, such as Business Cash Advances.
For Hays entrepreneurs on the hunt for startup funding, we have assembled a List of Kansas Angel Investors and our List of Kansas Venture Capital Firms.
Never Give Up
As an entrepreneur in Hays, you won't be working for the boss anymore. You are the boss.
From this point on, you control your own destiny.
Our goal here is to promote the vitality and growth of small businesses in Hays and throughout the United States . We want to be there for you to answer your business questions, whether you are a new Hays entrepreneur who is just getting started or you are already up and running with your new venture.
More Entrepreneurial Resources for Starting a Business in Hays, Kansas
Here are more links that we believe will help you be successful in starting a business in Hays.
- Resources for Hays, Kansas Entrepreneurs - Browse a variety of resources we've collected to assist Hays 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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