Kansas Business Startup Guides
Start a Business in Goddard, Kansas
Are you starting a business in Goddard, Kansas? This article discusses the most important things to consider when opening a business in Goddard.
Are You Ready for Entrepreneurship?
Before announcing to the world that you are going to start your own business, take inventory of your entrepreneurial instincts and capabilities.
Because entrepreneurship is not for everyone, we recommend you do the following to help you assess whether you should move forward with starting a business:
- Talk to other entrepreneurs in Goddard. Listen closely to their experiences and see if you think you too can be successful.
- We recommend reading Why Small Businesses Fail. For aspiring new entrepreneurs, it's a must read article.
- Get feedback from somebody whom you trust. 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.
What Type of Business Should You Start?
Choosing a business that is right for you is very important. You might get some good ideas about what kind of business to start by reading Free Business Ideas.
For step-by-step instructions on starting a variety of business types, visit the Good Businesses to Start section of our site. For example, you might be interested in our Starting a Jehovah's Witness Church guide or our How to Start a Food Service Equipment & Supplies Business guide.
Don't forget that your new startup will be located in Goddard. Some businesses will do better in Goddard than others. Only by spending some time analyzing Goddard demographics can you decide if there will be strong demand for your business idea.
Goddard, Kansas Demographic Information
Goddard has an active business community that includes small businesses, mid-sized businesses and large businesses.
To give you a better feel for Goddard demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Goddard.
As a new Goddard entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Goddard 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.
Forming a Company in Goddard, Kansas
It's essential that your business is formed as a legal entity that is separate from its owners. Without a legal structure for the business, you can be held personally liable for the actions, debts and obligations of your company.
The entity you form can be a traditional C-corporation, a Limited Liability Company (LLC), or an S-corporation.
Incorporating is a very common way to legally create a business entity. Of course, you have to decide which type of corporation to form and where to incorporate. If you are starting a business in Kansas, you don't necessarily have to incorporate in Kansas. In fact, you can incorporate in the state of your choosing. However, if you do incorporate in another state, you'll have to register as a foreign corporation in your home state.
There are many nuances to forming a company. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Incorporation Advice. You may also want to seek the advice of an attorney. Finally, if you are starting a business in Goddard, Kansas, our information on Incorporating in Kansas may be a useful resource if you decide to incorporate in Kansas.
Make Sure You Have a Business Plan
Creating a business plan is critical in laying a solid foundation for your business success. Indeed, a business plan is a written description of the future you envision for your business. Not having a business plan
Letting the World Know You Exist
Whether your goal is to attract Goddard customers or you plan on selling elsewhere, you'll need to have a good marketing plan.
There are myriad resources on this site to help you with your marketing plan. Advertising Campaigns 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.
Learning More About Entrepreneurship
The best entrepreneurs recognize that what they know now may not be enough to ensure their future success.
With your business being located in Goddard, Kansas, you will want to take advantage of the many programs available at nearby Kansas universities, colleges and community colleges. It's also worthwhile to see if there are any networking organizations for Goddard entrepreneurs.
Never Give Up
You have a dream -- starting a business in Goddard. 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.
This site is all about helping entrepreneurs in Goddard and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Goddard, neighborhood development and overall economic health.
More Entrepreneurial Resources for Starting a Business in Goddard, Kansas
Here are more links that we believe will help you be successful in starting a business in Goddard.
- Resources for Goddard, Kansas Entrepreneurs - Browse a variety of resources we've collected to assist Goddard 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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