Kansas Business Startup Guides
Starting a Business in Holton, Kansas
Thinking about starting a business in Holton, Kansas? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Holton.
Which Business to Choose?
Choosing a business that is right for you is very important. We recommend that you read Finding Your Niche in Life.
For in-depth how-to guides on how to start specific businesses, browse our Good Businesses to Start section of our site. For example, you might be interested in our How to Start a Commercial Locksmiths Business guide or our Opening a Shrimp Wholesale Business guide.
Always keep in mind that your new startup will be located in Holton. Some businesses will do better in Holton than others. Don't forget to review Holton demographics to see if there's a market for what you want to sell.
Holton, Kansas Demographic Information
Holton has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Holton demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Holton.
Businesses
As a new Holton entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Holton 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
Forming a Company in Holton, Kansas
A critical step is ensuring that your business is formed as a legal entity that is separate from its owners. Doing so will shield you from personal liability for business debts and obligations.
When forming a company, you will pick from many company types, such as a corporation, LLC, sole proprietorship, partnership or other structure.
Incorporating is a very popular way to form a business. A key decision is whether to form and S-Corp or a C-Corp, and you also must decide in which state you will incorporate. If you are starting a business in Kansas, you don't necessarily have to incorporate in Kansas. As it turns out, you can incorporate in any state you would like to. 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 are many nuances to forming a company. To learn the fundamentals of company formation, browse articles on our site, such as LLC Advantages. You may also want to seek the advice of an lawyer. On a final note, since you will be starting a business in Holton, Kansas, our web page covering Incorporating in Kansas may be a useful resource if you decide to incorporate in Kansas.
Raising Money for Your New Venture
Obtaining startup financing for your Holton business requires strong organization skills and perseverance. In fact, financing your new business may be the hardest challenge you ever face.
Fortunately, this site contains dozens of articles on raising money, including one we recommend entitled Angel Investors.
For Holton entrepreneurs with great ambition but a shortage of investment capital, we have assembled a List of Kansas Angel Investors and our List of Kansas Venture Capital Firms.
Promoting Your New Company
Whether your goal is to attract Holton customers or you plan on selling elsewhere, having an excellent marketing plan is fundamental to your business achieving its goals.
There are myriad resources on this site to help you with your marketing plan. E-Mail Marketing is a good read to get your marketing juices flowing. That's just a taste of the many useful articles we have on Marketing a Small Business.
Bring in Revenues
Being able to sell is critical to your business success. Whether you are focused on selling local customers in Holton or are selling to customers throughout Kansas, the United States or even the world, you have to be able to sell.
Good selling involves demonstrating that your wares meet your customer's needs. Fortunately, we've got plenty of good advice to help you improve your selling skills.
Selling on the Phone is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.
What's Next?
You have a dream -- starting a business in Holton. To achieve your dream, you have to persevere, even when the odds are against you.
If you choose the right business and love what you do, you will greatly increase your odds of success.
Our goal here is to promote the vitality and growth of small businesses in Holton and throughout the United States . We want to be there for you to answer your business questions, whether you are a new Holton 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 Holton, Kansas
Here are more links that we believe will help you be successful in starting a business in Holton.
- Resources for Holton, Kansas Entrepreneurs - Browse a variety of resources we've collected to assist Holton 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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