• New Business Start Up

    So, you've got a great business idea and you're ready to become an entrepreneur? Starting a business involves planning, making key financial decisions and completing a series of legal activities.  Ask yourself these 20 questions to make sure you’re thinking about the right business decisions! 

  • Select Name & Legal Structure

    Choosing a business name is an important step in the business planning process. Not only should you pick a name that reflects your brand identity, but you also need to ensure it is properly registered and protected for the long term. You should also give a thought to whether it’s web-ready. Is the domain name even available?  

    Tips to help you select, register, and protect your business name.

    The business structure you choose will have legal and tax implications. Learn about the different types of business structures and find the one best suited for your business.

    ·         Sole Proprietorship

    ·         Limited Liability Company

    ·         Cooperative

    ·         Corporation

    ·         Partnership

    ·         S Corporation

  • Create a Business Plan

    This is an essential step to see anyone through the creation of a business. Your business plan is a huge step to create vision and action. A business plan is an essential roadmap for business success. This living document generally projects 3-5 years ahead and outlines the route a company intends to take to grow revenues. These resources can help you with creating your business plan:

    Kansas Small Business Development Center

    6 Easy Steps to a Simple Business Plan

    How to Make Your Business Plan Stand Out

  • Open a Company Bank Account

    Select a bank and open the company bank account.

    Tip: Contact the bank prior to opening the account to see what their specific requirements are to open a business checking account.

    If you are setup as a Corporation, LLC or Partnership (or a sole proprietorship with employees), apply for a Federal Employer Identification Number (FEIN) from the IRS. A FEIN will be necessary to open a bank account or process payroll.

  • Lease space and obtain permits

    Depending on your type of business (retail, office or warehouse), arrange for office space to be leased. Contacting a commercial realtor in your area can be helpful. Also, make sure to arrange for utilities and office furniture.

    Available properties for lease or sale in Andover

    City of Andover Planning & Zoning

    Tips for negotiating a commercial lease for your small business

    To run your business legally, there are certain federal and state licenses and permits you will need to obtain. These resources will help you understand the requirements for your business:

    Local codes, policies, and regulations

    How to find the right licenses and permits

    Most Cities or Counties require you to obtain a business license, even if you operate a home-based business. This is a license granting the company the authority to do business in that city/county.

  • Property Available - Updated 9-1-2018 Property Available - Updated 9-1-2018