Kansas Business Startup Guides

Opening a Business in Natoma, Kansas

Contemplating starting a business in Natoma, Kansas? We walk you through the process of opening a business in Natoma.

Are You Sure You Want to Do This?

Being an entrepreneur is difficult, much harder than working as an employee. Are you positive you want to start a business?

Before you move forward with starting a business, be sure to do these three things:

  • Talk to other entrepreneurs in Natoma. Ask them candidly what it's like to run a business.
  • 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. The people who know you best are often in the best position to tell you bluntly whether you will be a good entrepreneur.

What Business Are You Starting?

An important decision is what kind of business you want to start. To stir your creative juices on what kind of business to start, take a look at Good Business Ideas.

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 Starting a Gerontologists Business guide or our How to Start a Nutrition Programs Business guide.

Always keep in mind that starting a business in Natoma has some implications. The business you want to start may already be well-represented in Natoma. Study Natoma demographics and do a competitive analysis as part of your startup planning process.

Natoma, Kansas Demographic Information

Natoma has an active business community that includes small businesses, mid-sized businesses and large businesses.

To give you a better feel for Natoma demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Natoma.

Business Size
# of
Businesses
1-4 Employees
30
5-9 Employees
3
10-19 Employees
3
20-49 Employees
3
50-99 Employees
0
100-249 Employees
0
250-499 Employees
0
500-999 Employees
0
1000+ Employees
0
All Natoma Businesses
39

As a new Natoma entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Natoma 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.

Business Type
# of
Businesses
Office Administrative Services
1
Wood Container and Pallet Manufacturing
1

Naming the Business

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.

Numerous company naming issues are discussed in more detail in this article: Naming a Business.

On a final note, given that you are opening a business in Natoma, it's critical that you ensure that you will be the only Kansas company using the business name you have chosen.

Raising Money for Your New Venture

Finding the funds to fuel the growth of your Natoma business will be harder than you might expect. Bootstrapping, which means growing the business without outside funding, is the best alternative, but that's not a viable option for many startup plans.

The good news is this site contains dozens of articles on raising money, including one we recommend entitled How Equity Dilution Works.

For Natoma entrepreneurs on the hunt for startup funding, check out our List of Kansas Angel Investors and our List of Kansas Venture Capital Firms.

How to Improve Your Entrepreneurial Abilities

Good business owners recognize that they don't know everything.

With your business being located in Natoma, Kansas, you will want to take advantage of the many programs available at nearby Kansas universities, colleges and community colleges. We also recommend you look into networking organizations for Natoma entrepreneurs.

Next Steps

As an entrepreneur in Natoma, you won't be working for the boss anymore. You are the boss.

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 Natoma and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Natoma, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Natoma, Kansas

Here are more links that we believe will help you be successful in starting a business in Natoma.

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