January 15, 2021  
 
  Entrepreneurial Resources - Advice for Kansas Entrepreneurs  
  Downs, Kansas Resources for Entrepreneurs  
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Open a Business in Downs, Kansas

Need help starting a business in Downs, Kansas? We've got the information you need to open a business in Downs.

Is Becoming an Entrepreneur Right for You?

Most new ventures fail, in part because the founder did not have the entrepreneurial skills and traits needed to succeed. So, before you open a business, consider all of the implications of being an entrepreneur.

With so much at stake when you start a business, we strongly recommend you do the following before you proceed:

  • Talk to other entrepreneurs in Downs. Get their take on what it's really like to be an entrepreneur.
  • We recommend reading Characteristics of Successful Entrepreneurs. For aspiring new entrepreneurs, it's a must read article.
  • Seek the advice of somebody who knows you well. That's the best way to get a truly objective assessment as to whether others think you have what it takes.

Downs, Kansas Demographic Information

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

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

Business Size# of
Businesses
1-4 Employees 156
5-9 Employees 84
10-19 Employees 42
20-49 Employees 12
50-99 Employees 6
100-249 Employees 0
250-499 Employees 0
500-999 Employees 0
1000+ Employees 0
All Downs Businesses 300

As a new Downs entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Downs 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
Advertising Agencies 1
Air and Gas Compressor Manufacturing 1
Automotive Parts and Accessories Stores 1
Beer, Wine, and Liquor Stores 1
Electrical Contractors 1
Farm Supplies Merchant Wholesalers 1
Finish Carpentry Contractors 1
Florists 1
Full-Service Restaurants 1
General Automotive Repair 2
Gift, Novelty, and Souvenir Stores 1
Hardware Stores 1
Home Health Care Services 1
Homes for the Elderly 1
Landscaping Services 1
Limited-Service Restaurants 1
Masonry Contractors 1
Newspaper Publishers 1
Nursing Care Facilities 1
Offices of Dentists 1
Pharmacies and Drug Stores 1
Ready-Mix Concrete Manufacturing 1
Shoe Stores 1
Veterinary Services 1
Wired Telecommunications Carriers 1
Women's Clothing Stores 1

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.

Even if the name doesn't do it by itself, many naming experts believe there should be a story behind the name that ties into your company mission.

To get up to speed on what makes for a good company name, we encourage you to read this useful article: Branding Advice.

As a final piece of advice, remember that because you are planning on starting a business in Downs, it's imperative that you check now that no other Kansas company is using the business name you want to use.

Don't Forget to Create a Business Plan

A business plan is essential in maximizing the prospects of your new company. Indeed, 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 free counseling sessions provided by your local SCORE chapter in Kansas.

Raising Capital for Your Business

Getting your Downs business the capital it needs to succeed is a difficult chore. In fact, financing your new business may be the hardest challenge you ever face.

To learn about raising money, we recommend you read the fundraising articles on our site, such as 504 Loans.

For Downs entrepreneurs who need startup capital, check out our List of Kansas Angel Investors and our List of Kansas Venture Capital Firms.

Promoting Your New Company

To rise above the crowd in Downs and grow your business, having an excellent marketing plan is fundamental to your successs.

You can learn a ton about marketing on our site. Point-of-Sale Displays discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.

Improving Your Entrepreneurial Skillset

Good entrepreneurs recognize that they don't know everything.

As an entrepreneur who lives in Downs, 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 Downs networking organizations.

Moving Forward

Most new Downs businesses underestimate the number of challenges they will face.

From this point on, you control your own destiny.

This site is all about helping entrepreneurs in Downs and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Downs 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 Downs, Kansas

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

 

 

Additional Resources for Entrepreneurs

Buying a Business

Writing a Business Plan

Raising Money

Incorporate

Small Business Marketing

Advertising Advice

Public Relations -

Customer Service Tips

Entrepreneurial Selling

Workplace Safety