Kansas Business Startup Guides

Opening a Business in Syracuse, Kansas

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

Are You Ready for Life as an Owner?

Running your own business is demanding, and can be orders of magnitude more strenuous than working as an employee. Are you sure you have the stamina and skills to succeed on your own?

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

  • Talk to other entrepreneurs in Syracuse. Listen closely to their experiences and see if you think you too can be successful.
  • 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. 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.

Syracuse, Kansas Demographic Information

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

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

Business Size
# of
Businesses
1-4 Employees
777
5-9 Employees
252
10-19 Employees
294
20-49 Employees
63
50-99 Employees
21
100-249 Employees
21
250-499 Employees
0
500-999 Employees
0
1000+ Employees
0
All Syracuse Businesses
1428

As a new Syracuse entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Syracuse 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
Automotive Parts and Accessories Stores
1
Baked Goods Stores
1
Beauty Salons
1
Beer, Wine, and Liquor Stores
1
Bowling Centers
1
Business Associations
1
Child Day Care Services
2
Electric Power Distribution
1
Full-Service Restaurants
2
Funeral Homes and Funeral Services
1
General Automotive Repair
2
General Medical and Surgical Hospitals
1
Insurance Agencies and Brokerages
2
Landscaping Services
2
Livestock Merchant Wholesalers
1
New Car Dealers
1
Offices of Chiropractors
1
Offices of Dentists
1
Offices of Lawyers
2
Offices of Optometrists
1
Petroleum Bulk Stations and Terminals
1
Pharmacies and Drug Stores
1
Professional Organizations
1
Tax Preparation Services
1
Title Abstract and Settlement Offices
1
Veterinary Services
1

Forming a Company in Syracuse, Kansas

It's very important that you form your business as a legal structure. Doing so will shield you from personal liability for business debts and obligations.

When forming a company, you will select one of many company types, such as a corporation, LLC, sole proprietorship, partnership or other structure.

Incorporation 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. In fact, 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. We recommend you read some of the educational articles about company formation that are availabe on our site, such as Incorporating Online. You may also want to seek the advice of an attorney. On a final note, since you will be starting a business in Syracuse, Kansas, our web page covering Incorporating in Kansas may be a useful resource if you decide to incorporate in Kansas.

Do You Need a Business Plan?

A business plan is vital in laying a solid foundation for your business success. In effect, a business plan is a written description of the future you envision for your business. Not having a business plan is a recipe for disaster.

To learn more about business plans, read Free Business Plan Templates. You should also take advantage of free counseling sessions provided by your local SCORE chapter in Kansas.

Getting the Word Out About Your New Company

Whether your goal is to attract Syracuse customers or you plan on selling elsewhere, having an excellent marketing plan is fundamental to your succeeding.

You can learn plenty about marketing on our site. Customer Loyalty Programs is an article that will generate a few thoughts on your marketing plan. That's just a sampling of the many useful articles we have on Marketing a Small Business.

How to Sell

Do you know how to sell? In order to attract customers to your new Syracuse business, you need to focus on sales.

So what does it take to bring in more prospects and close more business? The good news is we can help you to make selling a big competitve advantage for your new firm.

Compensating Sales People is a good article to read, one of dozens in the Selling for Entrepreneurs section of our site.

Never Give Up

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

Owning your own business will be a daunting task, but you can do it.

This site is all about helping entrepreneurs in Syracuse and elsewhere to achieve real success. We believe entrepreneurship is an amazing engine for job creation in Syracuse, neighborhood development and overall economic health.

More Entrepreneurial Resources for Starting a Business in Syracuse, Kansas

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

Starting-a-Business Guides for Other Cities in Kansas

Starting a Business in Sublette
Starting a Business in Tonganoxie

Browse All Business Startup Guides for Kansas
Starting a Business Guides for Other States

 

 

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