Kansas Business Startup Guides
Starting a Business in Oswego, Kansas
Thinking about starting a business in Oswego, Kansas? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Oswego.
Which Business to Choose?
An important decision is what kind of business you want to start. You might get some good ideas about what kind of business to start by reading Free 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 Opening a Dry Ice Business guide or our Opening a Generator Parts, Service, & Repair Business guide.
Remember that your new business will be in Oswego. The business you want to start may already be well-represented in Oswego. Only by spending some time analyzing Oswego demographics can you decide if there will be strong demand for your business idea.
Oswego, Kansas Demographic Information
Oswego has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Oswego demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Oswego.
Businesses
As a new Oswego entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Oswego 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 Oswego Business?
We've created a helpful 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 Oswego.
Before buying a business, be sure to read this article: Buying a Business.
Company Formation in Oswego, Kansas
It's essential that your business is formed as a legal entity that is separate from its owners. Among other things, forming a legal entity for the business limits your liabilities.
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 C Corp Versus S Corp. You should also consider getting professional assistance from your business lawyer. Finally, if you are starting a business in Oswego, Kansas, our information on Incorporating in Kansas may be a useful resource if you decide to incorporate in Kansas.
Don't Forget to Create a Business Plan
A business plan is critical to the health of your new business. Simply put, your business plan is your game plan for how you hope to grow your business. Starting a business without a business plan is a recipe for disaster.
To learn more about business plans, read Business Plan Contests. A great resource for business planning assistance is the face-to-face free consulting available from your local SCORE chapter in Kansas.
Startup Financing Basics
Getting your Oswego business the capital it needs to succeed is very difficult due to the ongoing business credit crunch. To obtain business financing, you will need to hear a lot of rejections before you finally find a funding solution that works for you.
To learn about raising money, we recommend you read the fundraising articles on our site, such as 504 Loans.
For Oswego entrepreneurs who want to raise money for a new venture, browse our List of Kansas Angel Investors and our List of Kansas Venture Capital Firms.
Next Steps
Most new Oswego businesses underestimate the number of challenges they will face.
Owning your own business will be a daunting task, but you can do it.
We are here to help Oswego businesses to be successful. We believe entrepreneurship is an amazing engine for job creation in Oswego, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Oswego, Kansas
Here are more links that we believe will help you be successful in starting a business in Oswego.
- Resources for Oswego, Kansas Entrepreneurs - Browse a variety of resources we've collected to assist Oswego 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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